Franklin Mining’s Escala Mine Looking Good.
FMNJ’s Escala Mine has an estimated 200 tons ready for immediate shipment to the processing plant. November’s production is now projected to be in excess of 450 tons. FMNJ understands the issues associated with costs in mining Escala. (Please see note below regarding FMNJ’s Escala contract.)
FMNJ recently noted that two other mine sites, each about 50 meters deep, are not yet fully explored but will be worked beginning in about a month.
We thought these pictures were worth a thousand words.
This is Escala:
Source:
FranklinMining, 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
About the Escala Project: Comprising three separate mining applications, COMIBOL’s Escala Mine concession totals 2,000 hectares located in the Sud Lipez Province, which is near Bolivia’s border with Argentina. Franklin Mining, Bolivia S.A. has been awarded a contract to mine 500 hectares known as The Escala Mine. Escala II, Escala III, Achacana and Aguas Escala are mining applications currently assigned to another mining company.
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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