Franconia Minerals update

Franconia Minerals Corp. (TSX:FRA) reported that, subject to receipt of the necessary disinterested shareholder approval, the company will adjust the terms of 3,667,626 warrants issued following the brokered private placement financing that closed on April 13, 2007.

The press release is quoted as saying:

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.

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