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Franklin Mining Upgrades Mining Equipment for Upcoming Mining Operation in Bolivia

·3-min read

DGAP-News: Franklin Mining, Inc. / Key word(s): Miscellaneous
01.02.2021 / 15:00
The issuer is solely responsible for the content of this announcement.

Carson City, Nevada--(Newsfile Corp. - February 1, 2021) - Franklin Mining Inc. (OTC PINK: FMNJ) has purchased additional equipment for the upcoming gold mining operation in Bolivia. Expanding upon the 2015 Pilot Program, CEO William Petty plans to bring the new machines to join his fleet of existing recovery machinery in the previously canvassed areas.

Mr. Petty is working with California-based Heckler Fabrication to bring their Model 3610 Portable Trommel Wash Plant to South America for the first time. Heckler has previously placed their equipment in mines located throughout Alaska and South Africa. This new machine will be able to produce 50+ tons of ore hourly, with a recovery rate of 98%. Franklin Mining plans to run two shifts a day for a daily total of up to 1200 tons of tailings.

"Our goal is to first begin recovering tailings in the area where we held our 2015 Pilot Program," explained Mr. Petty, "Then we will proceed to the alluvium phase, with the third phase being a full-scale mining operation. When we receive word that the machine is ready to ship, we anticipate a 90-day startup period during which we will ship the new equipment to Bolivia and begin setting up the operation. Because of pandemic concerns, especially in regard to the local indigenous people, we must await approval for each phase of transportation of the equipment, various materials, and personnel."

The Model 3610 Portable Trommel Wash Plant from Heckler Fabrication is described as "a versatile and mobile processing plant that is virtually 'plug and play'." It is a self-contained, portable unit that is well suited for commercial mining, exploration, and batch sampling. This variation features exceptional microscopic gold recovery, in an easy-to-use and low maintenance package. Please see the attached photo for more information about this new machine.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/6923/73302_fb6b074354045aaa_002.jpg



Franklin Mining actualiza los equipos de minería para los próximos Operación Minera en Bolivia

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Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward- looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

For additional information, visit our website at www.FranklinMining.com,
Phone: (830)-331-0031, email: FranklinMining.CEO@gmail.com
or follow us on Twitter @FMNJ1864.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73302

Click on, or paste the following link into your web browser,to viewthe associated documentshttp://www.newsfilecorp.com/release/73302
News Source: Newsfile


01.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Franklin Mining, Inc.

United States

ISIN:

US3538792082

EQS News ID:

1164863


End of News

DGAP News Service

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