Escala Mine Exploration Continues to Reveal Potential Significant Increases in Extractable Mineralization
Monday September 8, 8:30 am ET
LAS VEGAS, NV--(MARKET WIRE)--Sep 8, 2008 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News) Chairman and CEO William Petty confirms that Howard Dunn, PE, Vice President of Operations for International Mining, and Milton Flores, Staff Geologist, Franklin Mining, Bolivia, continue expanding their primary exploration at the Escala Mine. Mr. Dunn and Mr. Flores recently completed a week of field mapping and sampling with surface chip samples to verify earlier sampling and extend the sampling area both south and west-northwest of the current area of mining activity at the Escala.
"Samples collected during this last trip were submitted for analysis by Canada's SGS Lakefield Research Limited and preliminary reports indicate the Escala's mineralization has the potential to significantly increase the total extractable mineralization within our concession," added Mr. Petty. "Very high anomalous metal values of silver (47-100 g/t), lead (2-2.8%), gold (0.2-0.57 g/t), and copper where returned from three samples indicating mineralization 250-500 meters south-southeast of the Pattis adit and 500-1000 meters north-northwest from the Pattis Adit."
About Franklin Mining, Inc: Franklin Mining, Inc. has mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Oil & Gas, Inc. and Franklin Mining, Bolivia are wholly owned subsidiaries. Franklin Mining, Inc. holds 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas International S.A. Additional information is available at www.FranklinMining.com.
DISCLOSURES: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in Franklin Mining, Inc.'s filings with the Securities and Exchange Commission. These risks could cause Franklin Mining, Inc.'s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, Franklin Mining, Inc.
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