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Tuesday, July 16, 2013 9:27:14 AM
Mon, Jul 15, 2013 9:05 AM EDT
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FMNJ 0.0123
Planned Additional Expansion Expected to Achieve 350 Ton per Day
LAS VEGAS, NV (eTeligis via ACCESSWIRE) 7/15/2013 9:00:00 AM - FRANKLIN MINING, INC. (OTC PINK: FMNJ) (FMNJ) Chairman and CEO William Petty is pleased to announce that the Company's processing plant in Oruru, Bolivia is consistently meeting its previously announced goal of daily processing.
Gold content of recent processing remains in the range of 6.0 grams per ton, an impressive 20% above initial expectations. "On the ground" inventories at the plant and mine-site are currently approaching 10,000 ton. The 6.0 gram per ton content rate is expected to remain constant.
Despite recent weather and equipment delays, the Company has initiated a second, larger expansion program expected to allow daily processing to reach up to 350 tons per day.
About Franklin Mining, Inc.
Franklin Mining, Inc. (http://www.franklinmining.com) is a publically traded international exploration and mining company, headquartered in Las Vegas, Nevada, with offices in Santa Cruz, Bolivia. The Company adheres to the highest standards of quality and efficiency by optimizing the Company's resources through a system which places the preservation of the environment among the Company's top objectives. Franklin Mining, Inc. endeavors to find value in fields in which the projects can be explored and exploited while contributing to the socio-economic and cultural development of its society. The Company has developed model mining operations through safe, cost effective and innovative technologies. Franklin Mining Inc. has purposed to uphold a great social commitment and respect for the environment while creating a robust value for its shareholders, employees, and the region within which it operates. Additional information can be found at the Company's corporate website: www.FranklinMining.com.
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