Franklin Mining’s Escala Mine is a GO! Looking Like a HOME RUN HERE.
Everybody loves two for the price of one but with the Escala Mine — known as The Original Escala — FMNJ may have just gotten four for the price of one!
We are talking bottom line here. This means a lower capital investment and shorter period of time to reach full productivity.
The main shafts at the Escala Mine appear to be in very good shape.
What does that mean? Up and running, delivering more product more quickly.
The Escala’s main mine shaft is looking good to go and the other shaft which is smaller, about 25 meters deep, are looking like they are ready to produce quickly.
In addition, two other mine sites, each about 50 meters deep, are not yet fully explored but will be worked beginning in about a month.
Escala Mine to Date:
- Production during November is anticipated to reach 260 tons with significant increases in daily production expected to be achieved by early-December.
- Initial daily production from the Escala will contain Zinc, Silver and Lead and will be processed at a plant in Potosi.
- The Escala Project is made up of three separate mining applications and totals 2,000 hectares.
- It is located in the Sud Lipez Province, which is near Bolivia’s border with Argentina.
Franklin has a 500 hectare area is known as “The Original Escala” — Escala II and Escala III and two other lesser known areas are contracted to another company but are presently dormant. COMIBOL’s total Escala Mining Concession is 2,000 hectares.
Franklin Mining — one of Stock Guru’s most successful companies EVER — is moving with powerful force and purposeful direction.
Source:
Franklin Mining, Inc.
8024 Vantage Drive, Suite 680
San Antonio, TX 78230
William A. Petty
Chairman, CEO & President
Franklin Mining, Inc.
8024 Vantage Drive, Suite 680, San Antonio, TX 78230
210 – 525 – 1273
Forward Looking Statements: The information in this release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectation or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, fluctuations in foreign currency exchange, the impact of competitive services and pricing, or general economic risks and uncertainties.
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