Franconia Minerals Increases Ownership at Birch Lake to 70%

- May 5th, 2010

Franconia Minerals Corporation (TSX:FRA)announced that the company has increased its ownership interest from 60% to 70% in its Duluth Complex copper-nickel-PGM (platinum group metals) properties in northern Minnesota, including the Birch Lake deposit.

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Franconia Minerals Corporation (TSX:FRA)announced that the company has increased its ownership interest from 60% to 70% in its Duluth Complex copper-nickel-PGM (platinum group metals) properties in northern Minnesota, including the Birch Lake deposit.

The press release is quoted as saying:

Franconia is currently focused on the development of the Duluth Complex copper-nickel-platinum-palladium properties – consisting of the Birch Lake, Maturi and Spruce Road deposits – in this highly prospective region of northeastern Minnesota.

Click here to access the entire press release

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