Franklin to Operate San Antonio de Turiri
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LAS VEGAS, NV, Mar 24 (MARKET WIRE) --
Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman, CEO
and President William Petty announces he has accepted the terms and will
sign an operating agreement for Bolivia's San Antonio de Turiri Antimony
mine. With current gross revenue approaching $2,300 per tonne, antimony
from the Turiri mine is expected to begin generating significant cash
flow to Franklin in approximately 90 days.
Bolivia produces approximately 3.5% of the world's annual need for
antimony, a metalloid primarily used as a hardener in lead for storage
batteries with other industrial applications including pharmaceuticals and
electronics. Antimony compounds are used in manufacturing
flame-retardants, paints, enamels, glass and other industrial and
consumer products.
About Franklin Mining, Inc: Franklin Mining, Inc. holds mining and energy
interests in the United States and Bolivia as well as energy interests in
Argentina. 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.
For further information, please visit our website (www.FranklinMining.com)
or contact our Investor Relations firm, A. S. Austin & Company,
702-386-5379.
Contact:
Investor Relations
A. S. Austin & Company
702-386-5379
Copyright 2009, Market Wire, All rights reserved.
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