Franklin Mining, Inc. (PINKSHEETS: FMNJ) (FRANKFURT: FMJ) Chairman, CEO and President William Petty has provided an update on recent company activities through a Memo to Shareholders. "I remain committed to regular communications with our Shareholders and have found that my quarterly Memo is an excellent way of summarizing company progress." The complete Memo can be found on the company's website, www.FranklinMining.com.

"I am pleased to announce that Stephen Spencer, CPA, has accepted our invitation to become Franklin's new Chief Financial Officer. Stephen has held executive and financial positions in public, private and non-profit companies," Mr. Petty said in making today's announcement.

"Stephen brings his experience guiding several small public companies through their transition from start-up to full operations at just the right time. With our expanding presence in Bolivia and our pending financing, we're fortunate to have Stephen joining Franklin's executive team at this critical stage in our growth."

About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia; additional information is available at www.FranklinMining.com.

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 additional information, please visit our website (www.FranklinMining.com) or contact our Investor Relations firm, A S Austin Company, 210-204-5068 or FMNJ@asaustinco.com.

Investor Relations A S Austin Company 210-204-5068 FMNJ@asaustinco.com

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