Franklin Mining Inc.

Franklin Mining Continues to Expand Bolivian Production

Capacity at Joint-Venture Mining Operation

Jan 22, 2013

OTC Disclosure & News Service


Franklin Mining Continues to Expand Bolivian Production Capacity at Joint-Venture Mining Operation

PR Newswire

LAS VEGAS, Jan. 22, 2013

LAS VEGAS, Jan. 22, 2013 /PRNewswire/ -- FRANKLIN MINING, INC. (Pink Sheets: FMNJ) CEO William Petty is pleased to announce the Company has committed to substantial further developments including enhancements to facilitate increased daily capacity of the joint-venture's recently completed 80 ton per day processing plant.

It is anticipated that once completed the expansion will increase processing capability to 100 tons per day; an impressive 20 percent increase from the original processing capability. Based on recent daily reports, Franklin anticipates achieving future daily processing of as much as 6 grams per ton of Ore.

It is expected that Mr. Petty will also participate in a full review of recently received plans for construction of a second processing plant rated at 550 ton per day.

"Developments are beginning to escalate quickly," stated Mr. William Petty, Chief Executive officer of Franklin Mining, Inc. He continued: "Upon return from Bolivia we expect to announce substantial and lucrative improvements which we expect will prepare the way for a quarter which thus far has continually been exceeding expectation."

The Company had recently announced that the initial results of La Joya's joint-venture mining operation have exceeded the initial expectation which were anticipated to yield within the range of 5.0 grams per ton. The initial results acquired, from the approximate 1,100 tons evaluated, indicates that the gold content present will be a substantial 20 percent higher, at an impressive 6.0 grams per ton.

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