Franklin Mining Acquires New Technology to Increase Production, Output while Mining
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.
- Joint Venture with Meteor Minerals enhances mineral extraction capabilities.
- Access to eco-friendly Nanotechnology may improve operational efficiency.
- Potential to recover valuable minerals previously considered waste.
- Dependence on the success of a relatively untested technology in commercial mining.
- Potential risks associated with forward-looking statements and market uncertainties.
Carson City, NV, March 10, 2022 (GLOBE NEWSWIRE) -- Franklin Mining, Inc. (OTC Pink: FMNJ) has signed a Joint Venture agreement with Meteor Minerals, a Chilean company, to use their Mineral Nanotechnology in both gold and lithium mining.
Meteor Minerals is a private producer of Nanotechnology, an eco-friendly biological process that maximizes output when compared to traditional mining. This process can be used for mining gold, silver, lithium, iron, nickel and more. While Franklin Mining will be one of the first mining companies to have access to this process, Nanotechnology has previously been used successfully by one other mining company.
Nanotechnology allows mining companies to recover valuable minerals that would otherwise be discarded as waste. A further explanation of how this process works was outlined by Liam Crtichley for Nano Magazine: “There has been a method that has been trialled in academia to isolate gold from crude sources. The method could be important if it gains commercial traction, as it would enable gold to be extracted without the need for using toxic chemicals (which is the standard process at the moment). The method trialled uses needles composed of nanosized supramolecular wires and can isolate gold from practically any medium. This has laid the foundations for something that could be synthesized commercially, as the synthesis process is relatively quick.”
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, email: FranklinMining.CEO@gmail.com or follow us on Twitter @FMNJ1864.
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