Rothschild - Franklin Mining FMNJ - Form Alliance -
thegreenbaron.com
FMNJ RECENT NEWS:
Franklin Consultant William Petty Discusses Major Financing Plans -
marketwire.com
GDR Privée to Design Franklin's Financial Strategy -
marketwire.com
Charles Gregoire de Rothschild -
to Support Franklin's Requirement -
for $1.3 Billion Project Financing -
LAS VEGAS, NV, Mar 27, 2007 (MARKET WIRE via COMTEX) --
Est. 1864 -
Franklin Mining, Inc. -
(FMNJ) is pleased to announce having finalized
an agreement with GDR Privee -
a New York City investment bank -
to act as financial consultant to the company -
and assist in securing project funding of $1.3 Billion -
for mining and energy agreements in Bolivia -
and a GTL contract in Argentina.
Charles Gregoire de Rothschild -
GDR Privee Principal -
and William A. Petty -
Franklin Mining's Consultant -
will work together in securing project funding -
from Mr. Rothschild's -
domestic and international -
banking relationships.
Jaime Melgarejo, Jr. -
Franklin President -
and Kenneth J. Bock -
GDR Chief Executive Officer -
will work together to design and implement
a financial strategy bringing Franklin -
to a positive cash-flow position -
as soon as possible.
"We realize that cash-flow is the basis -
of success for both existing -
and future projects.
With GDR's resources,
we feel that some of our projects
are now positioned to become fully operational
in the near term,"
Mr. Melgarejo said,
adding that he and all Franklin executives -
and directors are privileged -
to have formed this alliance.
"We look forward to GDR's advice -
and support as we begin fulfilling -
our mining and GTL agreements in Bolivia -
and GTL contract in Argentina -
and as we develop additional projects -
throughout South America."
About Franklin Mining, Inc:
Franklin Mining, Inc.
has mining and exploration interests
in the United States,
Argentina and Bolivia;
Franklin Mining, Bolivia S.A.
is a wholly owned subsidiary.
Franklin Mining, Inc.
holds 51% ownership in both
Franklin Oil & Gas, Bolivia S.A.
and Franklin Oil & Gas, Argentina S.A.
Additional company information
is available at
franklinmining.com.
DISCLOSURES: "Safe Harbor" ----
or on behalf of, Franklin Mining, Inc.
For further information,
please visit our website
(www.franklinmining.com)
or contact our
Investor Relations firm,
A. Austin & Company,
1-702-386-5379.
Contact:
A. Austin & Company
Investor Relations
1-702-386-5379
franklinmining.com
SOURCE:
Franklin Mining, Inc.
CONTACT:
franklinmining.com
----
Don't sell now........
FMNJ P&F Pattern........
FMNJ P&F bullish price objective $2.19/sh.
FMNJ Cerro Rico - PAILAVIRI II -
The Pailaviri II Project -
Cerro Rico (The Rich Mountain) that essentially consists
in the development and exploitation of the field
west sector veins was proposed under two alternatives
that can be resumed in the following manner:
Alternative 1
Execution of a 2,000 meters long adit,
from the surface towards and meeting
The San Miguel vein, discovery vein -
nearing level -5 -
And the execution of three other adits
on three levels with an extension of 1,400 meters -
Alternative 2
Execution of 400 meters long ramp from the surface
and four adits on different levels with an extension of
2450 meters.
Both alternatives contemplates a first exploration phase
involving diamond drilling, and the development of a
total extension of 12,000 meters long
on 15 mineralized structures.
This new proposition contemplates a first development
instance of 400 meters on
the San Miguel vein on level -5,
getting to it the execution of a 30 meters trimming
adit XC-5-01 realizing previously rehabilitation
labors starting from the Bolivar dip.
1.2. MINE HISTORY
A recent study, realized by
the North Americans scientists Mark B. Abbott and Alexander
P. Wolfe published in the review Science in
September 2,003,
concluded categorically that the exploitation of Silver
on the Potosi Cerro Rico goes back to
the Tiawanacota Period.
The conclusion is based on sediment studies,
extracted near the Cerro Rico,
in which metal evidence where found that could have been
the result of silver refination process.
Carbon 14 testing, revealed that the sediments antiquity
to be 1,000 years before Christ.
According to tradition, the first silver veins
were found in the Sumac Orcko
(beautiful Mountain) today Cerro Rico de Potosi,
in January 1,545 by an indigenous shepherd
Diego Huallpa, depending from a known miner
from Porco, Don Juan de Villaroel.
Historically, since the registry of the vein
“Descubridora or Centeno” by Don Juan de Villaroel,
the 22 th of April 1,545, the deposit has been worked
in accordance with the Mine Opening.
Since 1546 until 1,719, great bonanza periods have been
reported for the quality of the mineral,
with ore contents between 1,500
and 9,000 silver ounces per ton -
RICHEST SILVER MINE IN THE WORLD
Cerro Rico CasaMoneda Mint -
At the outset the mineral where recovered by
the Incaic method “Huairachinas”
and starting from 1580, on instructions from
the Peru Vice King,
the amalgamation method was introduced.
Starting in 1852,
the exploitation on an industrial level was organized
with the establishment of mining companies starting
to operate on the Cerro Rico.
In 1952 occurred the nationalization of the mines
and the Cerro Rico passes to depend
from The Mining Corporation of Bolivia (COMIBOL),
entity that keeps exploiting tin minerals.
In 1986,
due to the low tin quotation -
the mining operations where closed.
It is from there on, that the ex-miners from
the Mining Corporation and others sectors,
organize the Mining Cooperatives
and take over on a leasing base various areas of
the Cerro Rico
in order to realize mining exploitation
and The Mining Corporation of Bolivia (COMIBOL)
developed the activities of regulating body in
accordance with the laws established within
free marking.
investorshub.com
FMNJ Cerro Rico Worlds Largest Richest Silver Mine -
Franklin's Partnerships in Bolivia and Argentina Are First
of Their Kind -
Historic North American Gold Mining Company -
Quietly Reinvents Itself in South America -
marketwire.com
investorshub.com
Franklin is very good LT Gold stock to own -
Rubicon compared to Goldcorp and Franklin -
Welcome to Silver Investors forum -
investorshub.com
I wish, more Gold stock Executives will prepare a plan -
for the buy-back of their own shares -
Ex. FMNJ great ex. of fightback for 888 Liberty -
and Pennystock can be real exciting and fun?! -
Franklin Mining, Inc. Executives Considering Stock Buy-Back Plan -
FMNJ with Cerro Rico, Potosi, the worlds largest and richest Silver Mine -
FYI. FMNJ recently got Cerro Rico Silver Mines and its important - to be at the right place at the right time -
let's compare Goldcorp - Franklin -
Ex. FMNJ great ex. of fightback for 888 Liberty -
Franklin Mining, Inc. -
(FMNJ) Executives and Board Members are conferring with corporate -
legal counsel to prepare a plan for the buy-back of shares.
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.
The tax loss carry forward was previously discussed
in the February 22, 2006 press release
"Franklin Mining Reports $30Mil Tax Loss Carry Forward"
available at our web site,
www.franklinmining.com.
Hold on to your hats -
don't sell anything -
history often repeat itself -
FYS. FMNJ with Cerro Rico largest richest Silver Mine in the world info -
investorshub.com
Wealth based on debt -
its sad, but the fiatz are counterfeit papers -
which going down, down, down like all fiatz -
and will be worthless -
Gold & Silver is King & Queen -
its been the way for 1000s of years -
Iraq War costing fiatz$-toilet-paper -
nationalpriorities.org
investorshub.com
FMNJ - Mission -
Imo. Tia.
God Bless
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