CARSON CITY, NV /ACCESSWIRE / July 15, 2015 / Franklin Mining, Inc. (FMNJ) (PINKSHEETS: FMNJ) William A. Petty, CEO is pleased to announce the Memorandum of Understanding (MOU) for Power Purchase Agreement (PPA) to provide 300 megawatts (Mw) for a wind turbine development project between Vientos De La Patagonia S.A. and Franklin Mining, located within the Chubut Province of Argentina. This MOU serves as the vehicle for Franklin to join forces with Vientos De La Patagonia S.A., recognized as one of Argentina's prominent energy transportation providers. This document and project has been approved by the Board of ENARSA. Mr. Pablo Orbelli will manage this project, with full Power of Attorney, as Franklin Mining's official domiciled representative.
Mr. Orbelli has worked with Franklin for the past six years and is considered an accomplished and trusted colleague. Due to his long standing business relationship with Franklin, along with Mr. Orbelli's impeccable character and extensive experience, he has been offered and has officially accepted the position of Board of Director of Franklin. Franklin is extremely honored to make this announcement, anticipating great strides as Mr. Orbelli brings his considerable experience to bear, fully expecting a most advantageous outcome. William Petty and Mr. Orbelli will work together in the upcoming months to ensure the success of this project.
About Franklin Mining, Inc. (PINKSHEETS:FMNJ):
The company operates various mine sites under joint venture arrangements with companies in Bolivia, Peru and Mexico exercising highest standards of quality and efficiency by optimizing its resources and the preservation of the environment. In this way Franklin Mining generates value in the fields in which it operates and the projects it explores and exploits, besides contributing to the socio-economic and cultural development in the community and country it operates. Moreover, it develops mining operations through safe, low cost, innovative technology, social commitment and respect for the environment, creating value for the shareholders, employees, and the region in which it operates.
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SOURCE: Franklin Mining, Inc.