Franklin Mining, Inc. Announces Purchase Agreement
Tuesday June 8, 12:25 pm ET

HOUSTON, TX--(MARKET WIRE)--Jun 8, 2004 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) announces that the Company has signed a purchase agreement for 95% ownership of Lencol LTDA. Lencol LTDA is a Company located in Colombia that has interest in concessions that have alluvial deposits. These mines were previously working and were closed in the mid 1990's.
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Franklin Mining, Inc. has retained Hantman & Associates out of New York, NY to aid in the acquisition and other business concerns in the United States and Colombia.

Franklin Mining, Inc. goals are to identify, acquire, develop and operate mining properties of gold, silver and other metals in a number of targeted areas. The Company plans to provide shareholder growth and stability through developing identified prospects and acquiring existing mining operations throughout the United States, Bolivia and Colombia.

Statements in this press release are forward-looking statements. Investors are cautioned that forward-looking statements are uncertain. Actual performance and results may differ materially from that projected or suggested due to certain risks and uncertainties, including, without limitation, risks associated with mining and milling operations, the availability of capital on a reasonable term and the effects of government regulations and operations risks. The forward-looking statements contained herein reflect the Company's judgment as of the date of this release, and the Company cautions readers not to place undue reliance on these statements.

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