Franklin Mining Sets Sights on Copper Mining in Argentina
Carson City, NV
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April 11, 2023 08:45 AM Eastern Daylight Time
McapMediaWire -- Franklin Mining, Inc. (OTC Pink: FMNJ) has signed a Joint Venture agreement with Ernesto Benadet, CEO of AMA Resources Inc., an Argentina company with extensive experience in mining copper ore. The Joint Venture details the operational plan to mine for copper over a span of 55,000 hectares in the mineral-rich province of Neuquén, Argentina; 300-hectares within this area have already been tested and proven viable for commercialization under the JORC drilling standards by MIN-YAMANA.
The mining field is contained within the areas called LA CUPROSA, LA BARROSA, LA NUESTRA, and YARAVI NORTE in western Argentina. The mining areas have easy access to roads and rail infrastructure, in a developed area known for its history of oil and gas production. The current operation is in possession of almost all of the necessary equipment for producing copper oxides, including a metallurgical plant, and they have partnered with Franklin Mining in order to begin rapidly expanding the ongoing production.
“The importance of copper in the near future cannot be understated,” announced Franklin Mining CEO William Petty. “It is a valuable mineral needed for use in electronics and medical purposes. We believe it to be even more financially solvent than our previously discussed lithium mining operations.”
South America is home to some of the most mineral-dense countries, with Argentina and Chile leading the world in copper production. As the need for copper grows, the value of this mineral will only increase.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
For additional information, visit our website at www.FranklinMining.com, email: FranklinMining.CEO@gmail.com or follow us on Twitter @FMNJ1864.
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