Franklin Mining Inc. (FMNJ)
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Franklin Mining Inc. Profile
| Metals & Mining Industry | Materials Sector | William A. Petty CEO | OTC PINK Exchange | 353879208 CUSIP |
| US Country | 2 Employees | - Last Dividend | 16 Aug 2012 Last Split | - IPO Date |
Overview
Franklin Mining, Inc., originally known as WCM Capital, Inc., stands as a venerable entity in the mining and exploration industry with its inception dating back to 1864. With its operational base in Carson City, Nevada, Franklin Mining, Inc. is engaged in the acquisition and development of mineral properties. The company has carved a niche for itself in exploring and mining precious and base metals, contributing to the global supply of these essential resources. Its interests span across significant mining concessions in Bolivia and diverse projects in Peru, highlighting its geographical outreach and strategic focus on mineral-rich South American regions.
Products and Services
- Gold and Silver Exploration and Mining
Franklin Mining specializes in the exploration and mining of gold and silver, two of the most coveted precious metals. The company’s operations focus on identifying, developing, and extracting gold and silver deposits from its mining concessions, particularly emphasizing the La Joya concession in Bolivia and various projects in Peru. With gold and silver being central to global finance, electronics, and jewelry industries, Franklin Mining aims to ensure a consistent supply through sustainable mining practices.
- Lead and Zinc Mining
Besides precious metals, Franklin Mining extends its portfolio to include lead and zinc, essential base metals used widely in construction, batteries, and alloys. The company’s exploration efforts in acquiring and mining properties rich in lead and zinc deposits demonstrate its diversified approach towards mineral mining. Franklin Mining’s commitment to extracting these metals aligns with the demand for infrastructure development and technology advancement worldwide.
- Mineral Property Development
Franklin Mining’s expertise not only lies in exploration and mining but also in the development of mineral properties. This includes the strategic acquisition of valuable mining concessions and the execution of exploration projects, such as the Madre de Dios Area, Ch-Mine, and Los Totems project in Peru. The company focuses on turning promising land into productive mining sites, thereby contributing to resource utilization and economic growth in its areas of operation.
