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blou
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any thoughts on this stock due to the report out?

Pulacayo Project Set to Begin; Cerro Rico Studies Are Complete
9:52a ET (Market Wire)
Franklin Mining, Inc. (PINKSHEETS: FMNJ) CEO Jaime Melgarejo, Jr. has confirmed that processing of the Pulacayo Tailings is about ready to begin and that all studies necessary to begin operations in the Cerro Rico Mine are complete.

As part of an expanded due diligence, a 100 Kg sample was taken from the Pulacayo Tailings for laboratory analysis and results were greater than expected. A second, larger sample of 1,000 Kg was collected and sent to a COMIBOL approved laboratory; results of this confirming analysis are expected in about two weeks.

The final step before receiving COMIBOL approval to begin processing Pulacayo Tailings is the analysis of 200 samples to determine extraction technology. Those samples have been collected and sent to a COMIBOL approved laboratory in Argentina. Processing will begin following this report's receipt, which will generate immediate cash flow.

Working through consultants, Franklin has completed all feasibility studies required to begin operating in the Cerro Rico and is looking forward to working with COMIBOL in the redevelopment of this historic mine.

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blou
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Franklin Updates Status of Bolivian Projects
Update: 8:31 AM ET Jan 23, 2007
LAS VEGAS, NV, Jan 23, 2007 (MARKET WIRE via COMTEX) -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) today released an updated summary of mining, oil and gas and other projects and relationships in Bolivia.
Government Relations: Despite changes being faced by other foreign investors in Bolivia's mining and oil and gas sectors, Franklin Mining, Inc. was the first American partnership agreement issued by the Mining Corporation of Bolivia (COMIBOL) since 1952. The agreement was signed by COMIBOL in early 2006 and operations were guaranteed by Bolivia's Minister of Mines and Metallurgy.
A 2006 Letter of Guarantee from Walter Villarroel Morochi, Bolivia's Minister of Mines and Metallurgy, recognized Franklin as the first foreign owned investor permitted to establish an operation in the historic Cerro Rico de Potosi, the world's fifth largest undeveloped silver deposit
A Report of Operations for Franklin's planned Cerro Rico project is in final review prior to presentation for COMIBOL's acceptance. This third party review is intended to protect the interests of Franklin Mining, Inc. and FMNB shareholders as the required and final investment is about to be made by Franklin Mining, Bolivia SA.
As previously announced, an expanded due diligence in nearly complete prior to the start of processing of the Pulacayo Tailings. An initial 100 Kg test produced test results greater than anticipated and a second, larger sample of 1,000 Kg was collected and has been sent to a COMIBOL approved laboratory; results of this confirming analysis are expected in about two weeks.
With the first delivery of product, cash flow will be realized for the partnership and the proven values of both mining projects can be added to Franklin's balance sheet.
Franklin Oil and Gas, Bolivia SA also possess agreements with the city of Ayo-Ayo and the Department of Tarija (both in Bolivia) to build smaller GTL facilities for local sales and distribution of diesel fuel.
Construction and Development: Franklin Oil and Gas, Bolivia SA has finalized a separate partnership agreement with Ayo-Ayo for development of a small GTL plant and a free trade zone.

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Franklin & COMIBOL Set to Recover Gold, Silver & Zinc
Cerro Rico & Pulacayo Projects May Hold Increased Potential Update: 8:31 AM ET Jan 24, 2007
LAS VEGAS, NV, Jan 24, 2007 (MARKET WIRE via COMTEX) -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) and its wholly owned subsidiary, Franklin Mining, Bolivia SA, are set to begin retrieving gold, silver and zinc under terms of a COMIBOL partnership agreement. Franklin Mining, Inc.'s partnership with COMIBOL was the first to be signed with an American company since 1952.
Metals Markets Continue Strong Performance: With Gold's seven week high and Tin's all time high, with Silver's strength despite forecasts for a decline in demand and with recent projections that China's Zinc consumption could rise as much as 56% by 2010 -- total revenues and profits from both the Cerro Rico and Pulacayo projects stand to increase significantly as world-wide demand and pricing continue these upward trends.
Cerro Rico de Potosi: Franklin's partnership agreement with COMIBOL to begin redevelopment of the historic Cerro Rico de Potosi Silver Mine promises to yield significant profits which will be shared equally by Franklin and COMIBOL once Franklin's initial investment has been repaid. Reports provided by COMIBOL on Franklin's assigned veins in the Cerro Rico have indicated yields totaling 36,274,137 Troy ounces of silver; 586,117,434 pounds of Zinc; and 159,518,908 pounds of Tin. When the partnership agreement was originally prepared, Franklin/COMIBOL projected the total value of these five veins to be approximately $2.2 Billion (USD).
Pulacayo Mining Fields: Franklin is also set to begin processing tailings found in the Pulacayo Mining Fields. Yields from these tailings deposits are estimated to total 7,973,507 Troy ounces of Silver and 128,605 Troy ounces of Gold. At the time of this agreement's preparation, recovery rates from this tailings field were conservatively estimated at 60%, yielding approximately $109 Million (USD). The pilot plant necessary to process tailings is now in La Paz, Bolivia and ready to be relocated to the Pulacayo work site .

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Lovin this one
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blou
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Franklin Mining, Bolivia SA Signs Zinc Contract
Update: 8:32 AM ET Jan 30, 2007
LAS VEGAS, NV, Jan 30, 2007 (MARKET WIRE via COMTEX) -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) is today announcing having entered into a contract for the sale of 50,000 tons of Zinc concentrate at 47% minimum to a consortium representing multiple entities in Japan. The consortium, headed by a former Bolivian Ambassador to Japan, is obtaining financing through the Sumitomo Mitsui Banking Corporation for the purchase of the product.
Under terms of this contract, Franklin is permitted to consolidate ore concentrates from both its Cerro Rico and Pulacayo resources. Japanese refinery companies recovering the Zinc will also pay for the silver content of the concentrate.

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blou
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Franklin Mining, Inc. Executives Stock Buy-Back Plan
Update: 8:31 AM ET Feb 1, 2007
LAS VEGAS, NV, Feb 01, 2007 (MARKET WIRE via COMTEX) -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) Executives and Board Members are conferring with corporate legal counsel to prepare a plan for the buy-back of shares. The plan, if approved, will not be effective until after cash-flow from recent contracts has been established. The timing of the buy-back and the exact number of shares will depend on market conditions.
In releasing this information, Jaime Melgarejo, Jr., Franklin's CEO said, "With the addition of our new Zinc contract in Japan and a pilot plant being relocated to the Pulacayo Tailings work site, we are confident we have sufficient resources in place to consider a buy-back of shares plan along with several other plans by which the corporation's $30 million tax loss carry forward can best be utilized for the benefit of shareholders."
According to the International Lead & Zinc Study Group ( www.ilzsg.org), Zinc's worldwide demand is expected to continue outpacing supply for the next several years. And with the London Metals Exchange's spot market quotation recently hovering near $1.59 per pound ( www.lme.co.uk), Franklin is projecting gross revenues of $1,646 (USD) per metric ton.

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blou
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Pilot Plant Purchased, Pulacayo Zinc Processing to Begin
Update: 8:31 AM ET Feb 6, 2007
LAS VEGAS, NV, Feb 06, 2007 (MARKET WIRE via COMTEX) -- Franklin Mining, Inc. (PINKSHEETS: FMNJ) executives and advisors have returned to La Paz, Bolivia to complete the purchase of the pilot plant that will be used in processing the Pulacayo Tailings. The plant will immediately be relocated to the Pulacayo Tailings work site where engineers have begun work in anticipation of the plant being operational in about 21 days. Once the plant is operating, Franklin will begin fulfilling the Zinc contract announced on January 30, 2007.

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