Franklin Mining, Inc. Confirms 15c2-11

Franklin Mining, Inc. confirms that on Monday, February 5, 2007, Perrin, Holden, and Davenport Capital, a NASD member broker/dealer, filed SEC’s Form 15c2-11 on behalf of Franklin Mining, Inc. requesting their ability to act as market maker for Franklin’s common stock.

In releasing today’s announcement, Jaime Melgarejo Jr., CEO, said that “Franklin will continue working with our market maker to insure the approval process is completed as quickly as possible.”

About Franklin Mining, Inc:

Franklin Mining, Inc. has interests in the United States, Argentina and Bolivia which include a wholly owned subsidiary, Franklin Mining, Bolivia, as well as 51% interest in Franklin Oil & Gas, Bolivia and 51% interest in Franklin Oil & Gas, Argentina.

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 check out our website www.franklinmining.com.

Contact:

Contact: Investor Relations Mr. Andrew Austin

1-702-386-5379

Source: Franklin Mining, Inc.