Franklin Mining Bolivia Announces Production, Three Separate Joint-Ventures

LAS VEGAS, June 29, 2011 /PRNewswire/ -- Franklin Mining, Inc. (Pink Sheets: FMNJ) (FWB: FMJ). Chairman & CEO William Petty is pleased to announce that Franklin Mining Bolivia has achieved daily production in three Bolivian joint-ventures.

Escala Mina I, a Franklin Mining Bolivia joint-venture with Cooperativa Minera "INTI" Ltda and COMIBOL (the National Mining Company of Bolivia) has begun the delivery of silver, lead and zinc to processors in Potosi.  

Nueva La Joya, a Franklin Mining Bolivia joint-venture with Cooperativa Minera Aurifera Nueva "La Joya" Ltda has begun deliveries of gold ore for processing in Peru. Multi-truck, commercial deliveries are scheduled to begin following completion of the 80 ton scale currently being installed on-site. The scale and all necessary installation equipment have been delivered to the La Joya and work is expected to be complete within ten weeks.

Antimony deliveries from Franklin Mining, Bolivia's operating agreement at the Sorpresa Mine are now underway and expected to continue on a daily basis.

As was announced in a Shareholder Letter dated June 21, 2011, William Petty expects that all processing agreements will be in place and operational in about eight calendar months. Production reports on individual joint-venture operations will be contained in future Shareholder Letters.

About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia. 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, 210-204-5068.

SOURCE Franklin Mining, Inc.