Franklin, Epsur Ink LOI to Develop Oil Fields in Argentina

Franklin Mining, Inc. Chairman and President William A. Petty is pleased to announce that during his latest visit to Buenos Aires, a Letter of Intent was signed with Epsur for the possible future development of oil fields in the northern part of the Province of Santa Cruz, Argentina.

Fernando Infante, Executive Vice President, Franklin Mining, Inc., and Howard Dunn, Vice President for International Operations, remain in Buenos Aires and will visit several Epsur oil fields as part of their review and evaluation of multiple opportunities. Petty has returned to Franklin Mining, Inc.'s offices in Santa Cruz, Bolivia to continue monitoring progress at the company's Escala Mine.


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