Franklin Mining, Inc. Issues 15c2-11 Update -

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Franklin Mining, Inc. Issues 15c2-11 Update - LAS VEGAS, NV -- (MARKET WIRE) -- April 16, 2007 --
Franklin Mining, Inc. - (FMNJ) is pleased to provide the following update.
Franklin's auditor, Delta Consult Grant Thornton, is projecting they will complete our 2006 audit within two weeks.
When received and reviewed by Franklin's Board of Directors, the 2006 financial statements will be released.
Delta Consult Grant Thornton is the Bolivian member firm of Grant Thornton International.
On February 5, 2007, a NASD member firm filed SEC's Form 15c2-11 on behalf of Franklin Mining, Inc. for the purpose of obtaining an OTC Bulletin Board re-listing of the company's common stock.
The SEC responded to the February filing with questions; a response is in preparation.
Franklin Mining, Inc.
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" statement under the Private Securities Litigation Reform Act of 1995----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. Austin & Company, 1-702-386-5379.
Contact: Investor Relations A. Austin & Company 1-702-386-5379
SOURCE: Franklin Mining, Inc.
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