Re: FMNJ: The BULL Market in Metals is Just BEGINNING!!

[Wade Dawson]

OTC FIRST ALERT -  NEW Public Company of the Month

Symbol: FMNJ
Market: OTC
Sector: FMNJ is a gold exploration and mining company

The BULL Market in Metals is Just BEGINNING!! "Which is the better buy now, 
technology or mining stocks? Surprise, the winner is mining stocks. Mining 
stocks have more momentum.  Mining companies are in the early stages of a 
growth cycle as demand for nickel, copper and gold increases." - Jim Jubak, a 
senior markets editor for MSN Money


Franklin Mining, Inc. (OTC: FMNJ) is a gold exploration and mining company  
FMNJ has a long 138-year history beginning in the late 1860s with the gold 
strikes in central Colorado - (formerly as Franklin Mining Co. and Franklin 
Consolidated Mining Co.)

Due to the recent stable and rocketing Gold prices, FMNJ is again gearing up, 
acquiring and developing two initial mining properties: the Franklin Mines and 
Mills in Colorado and the El Alacran Deposit in Colombia. These mining projects 
have major Gold ore body potential, which is indicated by exploration results 
and drilling results.



The Franklin Mines and Mills in Colorado have multiple claims, existing 
permits, and a crushing and flotation mill on site.  It has a history of 
producing gold, silver, lead, zinc and copper, and the potential to become a 
small - to medium producer of high-grade gold, silver and base metals.

Geologist Gifford A Dieterle has summarized the mineral valuations of the 
Franklin Mines as follows:
 * Proven/probable Gold mining potential is 58,680 oz, which at $390/oz it 
equates to over $22.8 million; the Silver potential is 1,255,572 oz, which at 
$6 oz it equates to over $7.5 million

These valuations only take into account the current Gold and Silver values that 
can actually be sampled, additional gold and silver may be discovered as mining 
resumes.



 "...Gold ascends to $500 an ounce..." this is a prediction made for gold in 
the year of 2004 - Byron Wien, a US Senior Investment Strategist with Morgan 
Stanley.



The El Alacran Deposit project includes three exploration licenses totaling 
1,265 hectares of known gold, copper and silver resources. Geologist Robert P. 
Shaw has summarized calculations of gold and copper resources as follows:

 * Proven Gold underground mining potential is 96,280 oz, which at $390/oz it 
equates to over $37 million; the proven Copper potential is 84,532,577 lbs, 
which at $1.00/lb it equates to over $84 million.

 * Possible Gold open pit mining potential is 41,324oz, which at $390/oz it 
equates to over $16 million.
 * Possible/probable Gold underground mining potential is 206,610 oz, which at 
$390/oz it equates to over $80 million; the Copper potential is 216,341,000 
lbs, which at $1.00/lb it equates to over $216 million

The El Alacran ore zones are not constricted, appear to repeat systematically 
and are open at depth, which offers possibilities for the exploration, 
discovery and long-term development of potentially large-scale Gold and Copper 
resources.  Silver is also indicated and probably significant but calculations 
are premature at this time.



FINAL CONSIDERATIONS

We are still a long way from gold being overvalued and, in the meantime, there 
is an awful lot of money to be made in this sector, especially in mineral 
exploration companies." - Paul Van Eeden


The mining potential that FMNJ could extract from these two mines is over $465 
million. However that is not enough for FMNJ.

FMNJ is continuing to drive ahead and is currently investigating other mineral 
properties and active precious metal mines in North and South America to:
1. Successfully grow its asset base
2. Revitalize its operations
3. Producing low cost precious and base metals
4. To generate a substantial return to its investors!




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