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Franklin Mining Inc (OTC Pink:FMNJ) is an international mining and exploration company with a focus on gold recovery operations in Bolivia. Through a Joint Venture with Rockin' G Gold LLC, Franklin Mining Bolivia is processing minerals and metals recovered from the Yuyo Riverbed and tailings at the Yuyo concession. The company, headquartered in Las Vegas, NV, has partnered with Cooperativa Minera Rio Cristal RL to expand its recovery efforts, achieving significant daily production increases. Rockin' G Gold, LLC, known for contract administration and project management, is actively involved in managing the operations to enhance material handling capabilities and increase gold recovery at the site. With a commitment to safe and sustainable mining practices, Franklin Mining Inc is dedicated to maximizing its recovery results and contributing positively to the local community.
Franklin Mining CEO William Petty announced significant progress as the company has successfully shipped mining machinery to Bolivia, overcoming previous supply chain and transportation hurdles. Operations are set to begin in the mineral-rich region between Apolo, Tipuani, and Guanay, with the first site, Yuyuo, poised for production. The larger machinery can process over 150 tons of ore per hour, while smaller machinery handles 70 tons. A dedicated team is prepared to start two shifts, ensuring efficient operations as they enter this crucial phase.
Franklin Mining (OTC Pink: FMNJ) is on the verge of commencing production at its Yuyo mine in Bolivia, with machinery arriving to facilitate operations. Major shareholder Eric Gemelli recently visited the mining sites, engaging with key personnel including the VP of Operations and geologist to ensure operational readiness. His two-week visit was focused on verifying contracts and procedural plans, setting the stage for gold extraction to begin shortly.
Franklin Mining (FMNJ) announces the long-awaited shipment of custom-built machinery to Bolivia, originally purchased in 2021. Delays caused by shipping container shortages and customs inspections held up the transport, but the machinery is scheduled to leave on the NYK Joanna on September 9 and should arrive in early October. Upon reaching Chile, it will be transported to Tipuani, Bolivia, as per geological recommendations. CEO William Petty expressed excitement about this milestone, noting it is a significant step for the company.
Franklin Mining (OTC Pink: FMNJ) has appointed renowned geologist Dr. Michael Biste to prepare a business operation plan aimed at initiating gold production. The operations will commence in the Yuyo area, where mining machinery is already in place. Dr. Biste, with over 40 years of experience in Bolivia and a history with various respected mining companies, will collaborate with company executives to finalize the operational strategy. The company is progressing towards gold recovery from alluvium gold tailings, marking a significant step in its mining endeavors.
Franklin Mining, led by CEO William Petty, has appointed renowned Geologist Dr. Michael Biste to develop a business operation plan as the company progresses towards gold production. The focus is on recovering alluvium gold tailings in the Yuyo area, where mining equipment is already deployed. Dr. Biste, with over four decades of experience in Bolivia, previously collaborated with notable mining firms and has already commenced work with key Franklin Mining executives. This strategic move aims to leverage Biste's expertise for enhanced operational success.
Franklin Mining (FMNJ) invites investors to its presentation at the Emerging Growth Conference on May 25, 2022, from 2:30 PM to 3:00 PM EST. CEO William Petty will present and answer questions from the audience in real-time, providing a unique opportunity for interaction. Registration is essential to attend the live event, and an archived webcast will be available for those who cannot attend. The conference aims to connect public companies with a broad audience of investors and analysts, showcasing innovative products and strategies for long-term growth.
Franklin Mining (OTC Pink: FMNJ) has received SEC approval for Form 1-A, enabling it to raise up to $10 million for lithium mining development in Catamarca, Argentina. The company recently obtained initial funding to kickstart this phase. The Lithium Triangle area, covering over 1600 hectares, is the focus of this development. CEO William Petty expressed enthusiasm about advancing with a skilled team, while Richard Song joins as Vice President of Marketing in Asia to enhance product outreach.
Franklin Mining (OTC Pink: FMNJ) has entered a Joint Venture with Meteor Minerals from Chile to utilize innovative Mineral Nanotechnology for mining operations. This eco-friendly technology enhances mineral recovery rates for gold and lithium while minimizing waste. Notably, this method allows for efficient extraction without toxic chemicals, addressing significant environmental concerns in traditional mining. The collaboration positions Franklin Mining as a pioneer in adopting advanced mining techniques, potentially leading to increased profitability and market competitiveness.
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