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Gold/Mining/Energy : FMNJ - Franklin Mining, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: NYBob1 who wrote (175)	2/13/2008 10:38:10 PM
From: NYBob1	Respond to of 184

Coeur Begins Pre-Commissioning of San Bartolome Silver Mine in Potosi, Bolivia - Expected to Become World’s Largest Pure Silver Mine - February 12, 2008 - 8:57 AM EST Coeur d’Alene Mines Corporation - (NYSE:CDE) (TSX:CDM) (ASX:CXC) announced today that it has begun pre-commissioning activities at its - San Bartolomé silver mine - which is expected to produce over ten million ounces of silver during its first twelve months of full-scale operations. All major plant equipment at San Bartolomé is now in place. The Company expects the processing facilities to be connected to the national electrical grid during the second half of February, at which point full commissioning of the crushers and mills will commence. Processing of ore is expected to begin during the second half of March. Production and plant utilization will then steadily increase with full plant capacity anticipated to be reached in August. “In reaching the finish line at, the San Bartolomé silver mine - we are very pleased to report the success in completing this world-class project while maintaining the highest standards of safety, quality of construction, and adherence to cost and scheduling,” said Dennis E. Wheeler, Chairman, President and Chief Executive Officer. “Over 1,600 workers, almost all of them Bolivians, have done an excellent job in constructing what will be the world’s largest pure silver mine, surpassing over 3.7 million man hours without a lost time accident, a truly remarkable achievement given the size and scope of this state-of-the-art facility. Coeur is proud of the strong community, government and economic relationships we have developed with the people and organizations of Potosi and Bolivia, and the Company is excited about placing the mine into production and generating value for all stakeholders.” Overview of Key Mine Metrics: * Expected silver production during remainder of 2008 of over six million ounces * Operating cash costs once plant reaches full-scale operations in August through the end of the year are expected to be $4.10 per ounce of silver (excluding royalties and production taxes of $2.03 per ounce) * Over ten million ounces of silver production during the first twelve months of full-scale operations * 153.0 million ounces of silver mineral reserves and 34.2 million ounces of additional indicated mineral resource * Estimated mine life of 14 years Year-end 2007 Mineral Reserves and Mineral Resources Category Tonnes Ag Grade (g/t) Contained Ag Ounces Probable Mineral Reserves 37,900,000 125 153,000,000 Indicated Mineral Resources 14,550,000 73 34,190,000 Inferred Mineral Resources 225,000 61 444,000 Note: Using a silver price of $11/ounce. Mineral Resources are in addition to Mineral Reserves and estimated with a cut-off grade of 50 Ag g/t. Mineral Reserve cut-off grades variable from 63 g/t to 71 g/t based on deposit and ore type. Additional photographs of the operation can be accessed through Coeur’s website at coeur.com About Coeur Coeur d’Alene Mines Corporation is one of the world’s leading silver companies and also a significant gold producer. Coeur, which has no silver or gold production hedged, is presently constructing two of the world’s largest silver mines – San Bartolomé in Bolivia and Palmarejo in Mexico; operates two underground mines in southern Chile and Argentina and one surface mine in Nevada; and owns non-operating interests in two low-cost mines in Australia. The Company also owns a major gold project in Alaska and conducts exploration activities in Argentina, Bolivia, Chile, Mexico and Tanzania. Coeur common shares are traded on the New York Stock Exchange under the symbol CDE, the Toronto Stock Exchange under the symbol CDM, and its CHESS Depositary Interests are traded on the Australian Securities Exchange under symbol CXC. Cautionary Statement This press release contains forward-looking statements within the meaning of securities legislation in the United States and Canada, including statements regarding anticipated operating results. Such statements are subject to numerous assumptions and uncertainties, many of which are outside the control of Coeur. Operating, exploration and financial data, and other statements in this press release are based on information that Coeur believes is reasonable, but involve significant uncertainties affecting the business of Coeur, including, but not limited to, future gold and silver prices, costs, ore grades, estimation of gold and silver reserves, mining and processing conditions, construction schedules, currency exchange rates, and the completion and/or updating of mining feasibility studies, changes that could result from future acquisitions of new mining properties or businesses, the risks and hazards inherent in the mining business (including environmental hazards, industrial accidents, weather or geologically related conditions), regulatory and permitting matters, risks inherent in the ownership and operation of, or investment in, mining properties or businesses in foreign countries, as well as other uncertainties and risk factors set out in filings made from time to time with the SEC and the Ontario Securities Commission, including, without limitation, Coeur’s reports on Form 10-K and Form 10-Q and Palmarejo’s Annual Information Form. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities. Donald J. Birak, Coeur’s Senior Vice President of Exploration, is the qualified person responsible for the preparation of the scientific and technical information concerning Coeur’s mineral projects in this news release. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, as well as a general discussion of the extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant factors, please see the Technical Reports for each of Coeur’s properties as filed on SEDAR at www.sedar.com. Coeur d’Alene Mines Corporation Director, Investor Relations North America Tony Ebersole, 208-665-0777 Source: Business Wire (February 12, 2008 - 8:57 AM EST) News by QuoteMedia www.quotemedia.com coeur.com siliconinvestor.com

To: NYBob1 who wrote (175)	2/14/2008 11:54:58 AM
From: NYBob1	Respond to of 184

Escala's Gold Reserves Projected to Be Greater Than Expected Thursday February 14, 8:30 am ET LAS VEGAS, NV--(MARKET WIRE)--Feb 14, 2008 -- Franklin Mining, Inc. - (Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News) CEO, William Petty, confirms that Franklin will begin taking gold from the first of its four known sources within their 500 hectare concession from COMIBOL. The first mining specifically for gold will begin at the Cerro Blanco, the nearest of the four sites to where Franklin is presently mining silver, zinc and lead. The initial discovery of gold at the Escala was made in early-1993. Within the year, a 70,000 square meter area at Cerro Blanco was gridded and 134 systematic samples returned an average 1.2 grams of gold per ton. A series of 783 continuous and contiguous three meter chip samples were taken from within an approximate 35,000 square meter area after bulldozer benching and diamond drilling. This second set of samples confirmed earlier results. Gold mineralization was strongly zoned and contained significant sections above 1.0 grams per ton. The average of 60% of all samples was 0.51 gram per ton; the average of the remaining 40% was 1.16 grams per ton. At the highest end of the range of all assay results, there were a few as high as 2.8 and 3.9 grams per ton. Additional information on Franklin's plans for mining at the Escala is available at www.FranklinMining.com specifically in multiple Letters from the President to be posted during February 2008. About The Escala Mine: Comprising three separate mining applications, COMIBOL's Escala Mine concession totals 2,000 hectares located in the Sud Lipez Province, near Bolivia's border with Argentina. Franklin Mining, Bolivia - has been awarded a contract to mine 500 hectares within the original concession. Escala II and Escala III mining applications are currently assigned to another company. The original Escala Mine was established during the Spanish colonial period and has been mined for lead, zinc, gold and silver. In 2007, Franklin Mining, Bolivia - negotiated an agreement with COMIBOL, National Mining Company of Bolivia, to resume mining operations within the area of the original concession. About Franklin Mining, Inc.: Franklin Mining, Inc. holds mining and energy interests in the United States and Bolivia as well as energy interests in Argentina. Franklin Mining, Bolivia 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. 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, please visit our website (www.FranklinMining.com) or contact our Investor Relations firm, A. S. Austin & Company, 1-702-386-5379. Contact: Contact: Investor Relations A. S. Austin & Company 1-702-386-5379 Source: Franklin Mining, Inc. biz.yahoo.com Rhodium $8560.-/oz calling on brother Silver to come along - stop manipulatorz gangz and Ag goes above $1K/oz + + + + kitco.com Franklin Appoints Howard Dunn Vice President of Operations, International Mining Wednesday, February 13 2008 1:00 PM, EST Market Wire "US Press Releases " LAS VEGAS, NV -- (MARKET WIRE) -- 02/13/08 -- Franklin Mining, Inc. - (PINKSHEETS: FMNJ) ( FRANKFURT : FMJ) Chairman, CEO and President, William Petty, this morning announced the appointment of Howard B. Dunn, P.E. as Vice President of Operations for International Mining. Mr. Dunn, a registered Chemical Engineer, earned a Bachelor of Science in Geological Engineering from the Colorado School of Mines , Golden, CO, in 1985 and returned to earn a - Master of Science in Metallurgical Engineering in 1989. Mr. Dunn began his engineering career working in - rock-tunneling and dam design and construction before focusing on research and development projects in ceramics and chemical based processing with manufacturing firms including Ueblacker & Assoc, ENSECO Inc , Coors Ceramics Co, Hazen Research, Inc , H.O.T. Enterprises and AZ Technology, Inc. Mr. Dunn also served as Executive Director of the University of Idaho's Business Technology Incubator before moving to ESG, Inc. in 2000 and American BioDiesel, Inc. in 2003, two companies with which he continues to maintain consulting relationships. Prior to his work with the University of Idaho , Mr. Dunn's chemical engineering career included work in areas such as ceramic processing, chemical based processing, high performance ceramic and polymer-based materials and chemical based recovery of waste tires, industrial coatings technology and special chemical manufacturing. Since 2003, Mr. Dunn has been a leader in the North American development of licensed state-of-the-art European bio-diesel and energy from bio-mass technologies. About Franklin Mining, Inc : Franklin Mining, Inc. holds mining and energy interests in the United States and Bolivia as well as energy interests in Argentina . Franklin Mining, Bolivia 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. 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, please visit our website (www.franklinmining.com) or contact our Investor Relations firm, A. S. Austin & Company , 1-702-386-5379. For further information: A. S. Austin & Company 1-702-386-5379 franklinmining.com Imo. Tia God Bless siliconinvestor.com