Franklin CEO Returns to Bolivia; SGS of Canada’s Lab Analysis of Escala Mine Indicates Significant Silver and Zinc Content
Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman and President William A. Petty has returned to Bolivia to review and discuss the Escala’s laboratory analysis and metallurgy reports prior to a full release of the mine’s mineral content.
“I am encouraged by the reports and analysis received from the SGS Laboratory in Ontario, Canada. The 250 samples taken from Escala in June 2008, packaged and shipped following the Colorado School of Mines’ prescribed procedures, are indicating significant silver and zinc content.” Mr. Petty continued, “Even though we’ve not yet fully completed the review process, I have begun preparing a recommendation for approval of further capital investment in our Escala operation.”
Franklin’s Escala managers, geologist and engineer will review the reports this week and discuss them with Fernando Infante, Executive Vice President, and Howard Dunn, Vice President of Operations, International Mining, before releasing the full report.
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 Mining, Bolivia is a wholly owned subsidiary. 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.
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SOURCE: Franklin Mining, Inc.