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NYBob

05/19/06 12:55 PM

#5529 RE: NYBob #5443

Franklin Mining, Bolivia *** NEWS ***



Franklin Releases Additional Data on
Joint Venture's San Miguel Vein,
Cerro Rico de Potosi -
Friday May 19, 11:32 am ET

Franklin Mining, Bolivia and COMIBOL Executives
Finalize Relationship With FEDECOMIN Potosi -


LAS VEGAS, NV--(MARKET WIRE)--May 19, 2006 --

Franklin Mining, Inc. -
(Other OTC:FMNJ.PK - News) -
is today confirming some technical details from
the COMIBOL commissioned analysis of the first
of four veins assigned to the Franklin Mining,
Bolivia and COMIBOL Joint Venture for
development and exploitation of -
The Cerro Rico de Potosi Mine.

The Cerro Rico de Potosi Mountain -
is southeast of the city of Potosi, Bolivia.

The San Miguel vein is in the northwest quadrant
of Cerro Rico de Potosi, approximately
1,600 meters in length with a width that
reaches 2 meters.

Recoverable reserves of Silver -

as estimated in COMIBOL's report-
are 154,011 Kilos.

Zinc and Tin are estimated to be recoverable
in economically significant quantities and are
to be included in the Joint Venture's
operating plan.

Lesser quantities of other minerals may also be
included as economically viable.


"In releasing this information, I want to
emphasize that the San Miguel Vein Analysis Report
is the first of four that will be received.

Information from each report will be released as
received."
Franklin CEO Jaime Melgarejo added,
"These four reports were commissioned by COMIBOL,
our Joint Venture partner.

Each report is being prepared independently and
will be released in the order they are received."

Franklin Mining, Bolivia and COMIBOL executives
are finalizing agreements with FEDECOMIN Potosi
executives acting as an oversight board for the
individual, departmental and national Miners
Cooperatives supplying the labor to the newly
formed Joint Venture.

Meetings were concluded earlier this week in Potosi
and final workers agreements covering all four -
Cerro Rico veins are expected within one week.

FEDECOMIN is Bolivia's management council
responsible for providing guidance and supervision
to all Cooperatives Societies.

COMIBOL is Bolivia's national mining company.

For additional information on

Franklin Mining, Inc,
please visit our web site -
http://www.franklinmining.com.

To receive future Franklin Mining news -
by e-mail, please send contact information to -
info@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.

To receive future company information via e-mail,
please send your contact information to
info@franklinmining.com.


Contact:

Franklin Mining, Inc.
Andrew Austin
619-334-5644
info@franklinmining.com


Source: Franklin Mining, Inc.

http://biz.yahoo.com/iw/060519/0130377.html


Cerro Rico, or “Rich Mountain” -
The Worlds Richest Silver Mines -
has been mined for nearly -
- 500 years.

Franklin Mining, Bolivia -
- making history


http://www.investorshub.com/boards/board.asp?board_id=5406
.