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Franconia is currently focused on the development of the Birch Lake copper-nickel-platinum-palladium project - consisting of the Birch Lake, Maturi and Spruce Road deposits - in the highly prospective Duluth complex in northeastern Minnesota. The recently updated NI 43-101 report estimates an Indicated Resource of 131.2 million tonnes, plus an Inferred Resources of 37.5 million tonnes for the Birch Lake deposit. Underground mining at Birch Lake will minimize the surface impact of the operation. Also, storage of mine wastes underground would further minimize the surface impact. Additional resources at the Birch Lake project include Inferred Resources at the Maturi deposit and at the Spruce Road deposit.

Franconia's Position on Non-Ferrous Mining in Minnesota

Jan 29, 2010: Franconia Minerals Closes $4.23 Million Private Placement (more...)

Jan 18, 2010: Franconia Signs Land Agreement for Maturi Copper-Nickel-Platinum Group Metals Property, Minnesota (more...)

Jan 11, 2010: Franconia Minerals Announces Increase In Private Placement To Up To $4.23 Million (more...)


Greg Taylor - Investor / Media Relations
gtaylor@franconiaminerals.com

Chris Gale - Media Relations (USA)
cgale@evcgroup.com