Franconia Minerals Hits 243 Feet of 1.28% Copper Equivalent at Birch Lake Copper-Nickel-PGM Deposit, Minnesota

Franconia Minerals Corporation (TSX:FRA) reported present results from hole BL10-04, part of the 2010 drilling program at the Birch Lake deposit in northern Minnesota.

The news is quoted saying:

Franconia is currently focused on the development of the Duluth Complex copper-nickel-platinum-palladium project – consisting of the Birch Lake, Maturi and Spruce Road deposits – in this highly prospective region of northeastern Minnesota. The latest NI 43-101 report estimates an Indicated Resource of 131.2 million tonnes, plus an Inferred Resource of 37.5 million tonnes for the Birch Lake deposit (see news release dated September 23, 2009).

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