Franklin Mining Board of Directors Elects Secretary, Treasurer

Walter Rea Mendoza Named Chief Financial Officer

• Press Release
• Source: Franklin Mining, Inc.
• On 12:38 pm EDT, Wednesday July 15, 2009

LAS VEGAS, NV--(Marketwire - 07/15/09) - Franklin Mining, Inc. (Pinksheets:FMNJ - News) (Frankfurt:FMJ - News) Chairman William Petty is pleased to announce that Kurt Spenkoch, a founding member of Franklin's Board of Directors and formerly Vice-President of Operations, has accepted the position of Secretary, Treasurer effective July 1, 2009. Mr. Spenkoch will continue to serve Franklin as a Director.

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Mr. Petty is also pleased to announce the appointment of Walter Rea Mendoza to the position of Chief Financial Officer, Franklin Mining, Inc. effective July 8, 2009. Mr. Rea formerly served as CFO over Franklin's mining and energy projects in Bolivia.

"It was my great sadness to have to announce in yesterday's Letter to Shareholders our loss of two senior executives in the same month. During the short period of time he was with us, Mr. Infante made significant contributions to our South American energy projects and was looking forward to developing those projects with Franklin Oil and Gas, Inc.

"Despite the deep loss I felt following Mr. Jackson's death, it was reassuring that I was able to quickly confirm that Mack's responsibilities are being assumed by two highly qualified executives. Both Mr. Spenkoch and Mr. Rea are thoroughly familiar with Franklin Mining's operations and share our commitment to the success of our company."

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 further information, please visit our website (www.FranklinMining.com) or contact our Investor Relations Department, 210-525-1267.

 
Contact:
Franklin Mining, Inc.
Investor Relations Department
210-525-1267