Franklin Mining’s Escala Mine is IN PRODUCTION.
The Escala Mine has an estimated 200 tons is ready for immediate shipment to the processing plant. November’s production is now projected to be in excess of 450 tons.
Initial daily production from the Escala will contain Zinc, Silver and Lead and will be processed at a plant in Potosi through January which is located approximately 70 Km away. An on-site processing plant at the Escala is under consideration. An announcement is expected by the end of November.
The Escala is moving at full speed ahead in terms of full productivity which is critical for cash flow!
This news comes on the heels of yesterday’s announcement that the Escala’s main mine shaft is looking good to go and the other shaft which is smaller, about 25 meters deep, are looking like they are ready to produce quickly.
In addition, two other mine sites, each about 50 meters deep, are not yet fully explored but will be worked beginning in about a month.
Franklin Mining — one of Stock Guru’s most successful companies EVER — is moving with powerful force and purposeful direction.
Source:
Franklin Mining, 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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