Franklin Mining, Inc. Chairman and CEO William Petty has confirmed that the company’s Bolivian joint-venture mining project anticipates accepting delivery of the first of several trucks during the week of November 24, 2008. Additional units will be received in following weeks. Manufactured by Volvo, fifteen ton trucks will be used to transport the Escala’s stockpiled [...]
Franklin Mining, Inc. Chairman and CEO William A. Petty is pleased to announce that E-MetaVenture, Inc. has joined Franklin in the capacity of advisor on technical and commercial matters as related to GTL, CTL, and other related gas processing technologies.
“E-MetaVenture, Inc, Houston, Texas provides independent consulting, design, and training services to the refining, gas processing [...]
Franklin Mining, Inc. Chairman and CEO William Petty released a special edition of his October 2008 Memo to Shareholders on Sunday, October 19, 2008.
Discussing capital financing options available for Franklin’s mine operation in Bolivia and pending GTL agreement in Argentina, Mr. Petty has advised shareholders that he has multiple options for each project. With its [...]
Orvana Minerals Corp. announce that its wholly-owned subsidiary, Orvana Resources US Corp., has entered into a second minerals lease and a second exclusive option to lease in respect of areas of the “Western Syncline” in the Upper Peninsula of Michigan. The leased area is referred to as the Copperwood Project. The Copperwood Project is located [...]
South American Silver Corp., reported that tests at SGS Lakefield, Ontario have successfully recovered 99.2% of the indium from the acid chloride leach solution into an aluminous cement. The Company believes that this would be a saleable indium product.
Ralph Fitch, President of the Company stated “This is an important result for the project as it [...]
Dr. Fabio Montanari, President and CEO of Soltera Mining Corp., announce that the results of a structural geological survey at El Torno, Soltera’s flagship gold property in Argentina, are now available.
El Torno is located in the Andean Cordillera near the international border with Bolivia. It is in the central part of a major mineralized province [...]
Franklin Mining, Inc. Chairman and CEO William Petty announces that Dr. Jaime Arrancibia (General Manager, Franklin Mining, Bolivia) and Mr. Paul Baker (Mine Consultant) have returned to the Escala Mine to complete their final evaluation of the site selected for placement of the first large-scale processing plant. Franklin’s recently approved $1.6 million USD capital plan [...]
As America’s top financial officials updated Congress on their proposed $700 billion plan to rescue the stressed financial markets, oil prices stabilized, for now, towards the $100 a barrel mark today after rising rapidly on Monday. Emerging market experts, tracking the fluctuating prices, were generally optimistic on the long-term stability of energy-heavy economies such as [...]
Franklin Mining, Inc. Chairman and CEO William Petty and Fernando Infante, Executive Vice-President, have returned to Argentina for a series of meetings to review and finalize plans prior to completing further development of gas-to-liquid and oil production Letters of Intent and Memorandum of Understanding. Speaking by telephone from Buenos Aires, Mr. Petty said, “Franklin’s financial [...]
Golden Eagle International, Inc. reported that its C Zone gold operation has been affected by recent and ongoing political unrest in Bolivia. Road blockades and the lack of diesel fuel throughout the Santa Cruz Department (State), in which the C Zone mine and mill are located, over the past three-week period slowed mining and milling, [...]
