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StockGuru Blog: Franklin Mining Audit to Be Completed Very Soon


When Only the Best Will Do ~ Grant Thornton in Bolivia

OTC: FMNJ Franklin Mining, Inc.Stock Guru Profile

Late this week or early next week Franklin’s 2006 audit will be complete. This is a major step in becoming listed on the OTC Bulletin Board and provides financial transparency for Franklin.

Franklin’s auditor, Delta Consult Grant Thornton, is projecting they will complete our 2006 audit within two weeks. Grant Thornton is a prestigious international accounting firm and considered to be one of the “Big Six”. Their presence in South America is strong and their integrity is the best. Franklin has chosen to align itself again and again with the best in each industry.

Once the audit is 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 listing of the company’s common stock. The SEC responded to the February filing with questions; a response is in preparation.
To Stock Guru, Franklin looks like its in the middle of a win situation in a country with increasing foreign investment, a solidly expanding GDP, and an agreement that needs Franklin’s resources in a serious way.

Contact:
Investor Relations
A. Austin & Company
1-702-386-5379

Jaime Melgarejo Jr., President
Franklin Mining, Inc.
2764 Lake Sahara Driveoli
Suite 111
Las Vegas, NV 89117
Website: http://www.franklinmining.com
Phone: 702-944-8972
Fax: 702-838-5130

Source: Reuters

About Franklin Mining, Inc: Franklin Mining, Inc. has mining and exploration interests in the United States, Argentina and Bolivia including a wholly owned subsidiary, Franklin Mining, Bolivia S.A, and 51% ownership in both Franklin Oil & Gas, Bolivia S.A. and Franklin Oil & Gas, Argentina S.A.

“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.

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