Franklin Mining, Bolivia SA Signs Zinc Contract -
1/30/2007
LAS VEGAS, NV, Jan 30, 2007
(MARKET WIRE via COMTEX News Network) --
Franklin Mining, Inc. -
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.
Additional information on Franklin projects
can be found at
franklinmining.com.
About Franklin Mining, Inc.
Franklin Mining, Inc.
has interests in the United States, A
rgentina and Bolivia which include a wholly owned
subsidiary, Franklin Mining, Bolivia,
as well as 51% interest in Franklin Oil & Gas, Bolivia
and 51% interest in Franklin Oil & Gas, Argentina.
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 check out our website - franklinmining.com
or contact:
Investor Relations:
Mr. Andrew Austin 1-702-386-5379
SOURCE: Franklin Mining, Inc.
franklinmining.com
investorshub.com
Subject 56926 |
