Franklin CEO Returns to Bolivia; Will Visit Argentina to Review Progress of GTL Contract Negotiations

• Press Release
• Source: Franklin Mining, Inc.
• On 10:41 am EST, Tuesday December 2, 2008

LAS VEGAS, NV--(MARKET WIRE)--Dec 2, 2008 -- Franklin Mining, Inc. (Other OTC:FMNJ.PK - News) (Frankfurt:FMJ.F - News) CEO William Petty returned to Santa Cruz, Bolivia on Sunday, November 30, 2008, before traveling to Buenos Aires, Argentina. In Santa Cruz, Mr. Petty met with Franklin Mining, Bolivia managers and consultants to review plans and schedules for accepting delivery of capital equipment designated for use at the Escala Mine. Mr. Petty also had an opportunity to evaluate the status of Franklin's Escala joint venture following staff reorganizations implemented in November 2008. Meetings scheduled later this week in Buenos Aires will provide Mr. Petty the opportunity to personally review the status of Franklin's pending contract for constructing a GTL facility in the Province of Tierra del Fuego, Argentina.

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About Franklin Mining, Inc: Franklin Mining, Inc. has 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 International S.A. 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 further information, please visit our website (www.FranklinMining.com) or contact our Investor Relations firm, A. S. Austin & Company, 702-386-5379.

     Contact:
     Investor Relations
     A. S. Austin & Company
     702-386-5379