Franklin Mining, Inc. (FMNJ)

[nervous_ned]

Rothschild/other lenders visit to Bolivia and Argentina - any update on this?

Thanks for any info.

Ned
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LAS VEGAS, NV--(MARKET WIRE)--Oct 25, 2007 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) CEO, William A. Petty, and Gregoire de Rothschild, principal, GDR Privée, are pleased to announce that several lenders have requested permission to visit planned construction sites for Franklin's first two gas-to-liquid plants in South America.

Mr. Petty, Mr. Rothschild and representatives of several lenders are scheduled to arrive in Santa Cruz, Bolivia on November 9, 2007 and travel to Buenos Aries, Argentina on November 13. In each city, local project managers and engineers will present multiple energy projects and tour sites selected for constructing GTL plants. Prospective lenders will also have an opportunity to meet with local civil and political leaders.

GDR Privée, a New York investment bank specializing in debt and asset based financing, has negotiated preliminary terms and conditions for the provision of construction financing to each of Franklin Mining's two oil and gas subsidiary companies.

In making today's announcement, Mr. Petty added, "Franklin very much appreciates the support of Mr. de Rothschild and his work on our behalf with GDR Privée's domestic and international banking relationships. My goal is to identify the best possible solution to the problem of financing our energy projects in South America. Franklin's two oil and gas subsidiaries have done a great job of securing the opportunities and Mr. de Rothschild and I are exploring all options for bringing them to fruition."

About GDR Privée: In March 2007, Franklin Mining, Inc. announced an agreement with GDR Privée to assist in securing project financing for mining and energy agreements in Bolivia and an energy contract in Argentina. Additional company information is available by contacting GDR Privée, 16 W. 45th Street, 2nd Floor, New York, NY 10036, [phone].