PRRY Planet Resource Recovery Inc (PK)

Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY), developer, manufacturer and marketer of PetroLuxus™ and other "Green" technologies for the remediation and recovery of the planet's resources, announced today that the company and Franklin Mining, Inc. have entered into Joint Venture agreements to develop and operate two additional antimony mines in addition to the San Antonia de Turiri Antimony mine. The two additional mines include Bolivia's Sorpresa Antimony mine and the Concordia Antimony mine. Both mines have a 20 year operating agreement.

PLANET's wholly owned subsidiary, Raptor Ventures, LLC, will be the sole owner of the Joint Venture. Raptor Ventures' management will administer all operations at its sole and absolute reasonable discretion. Profits from the Joint Venture will be distributed equally between Franklin Mining, PLANET and Midwest General of Arizona after all operational expenses have been satisfied prior to distribution.

The Sorpresa and Concordia mines are contiguous to the San Antonio de Turiri Antimony mine which is situated on part of Bolivia's primary antimony belt. The three mines main ore body ranges from 58% to 67% of pure antimony.

Raptor Ventures, LLC will commence mining operations at the San Antonio de Turiri mine in the first week of June 2010 and operation at the Sorpresa and Concordia mines to follow shortly after.

Antimony is a chemical element that has a broad range of applications in manufacturing of industrial and consumer products. It is used in numerous industries such as semiconductors, flame retardants, storage batteries, electronics, pharmaceuticals, paints, ceramics alloys, rubber and small arms ammunition. Bolivia is one of the five top producing countries in the world. China dominates production of antimony and Bolivia produces approximately 3.5% of the annual world demand. Commodity pricing for antimony has steadily risen from a little over US $1,000.00 per ton to present day (January 2010) pricing of US $6,400.00 per ton.

Mining operations will be divided into two phases: primary ore mining and secondary enhanced mining recovery. Primary ore recovery will be the immediate mining of the high grade ore with estimated initial production of 50 tonnes per month and incremental increases of 50 additional tonnes per month.

Secondary enhanced mining recovery will commence upon the deployment and implementation of PLANET's enhanced mining technology. While PLANET's technology is being deployed, secondary recovery ore will accumulate for recovery. The current ore ready to be processed is estimated at 6,000 tonnes of antimony.

About Planet Resource Recovery, Inc. Houston, Texas-based Planet Resource Recovery, Inc. is the developer, manufacturer, and marketer of unique, environmentally friendly proprietary chemical compounds and processes that will usher in a new paradigm shift in industry. The company is primarily focused on three distinct sectors: 1) Oil & Gas Industry with PetroLuxus™, 2) Remediation of mining toxic byproducts and 3) mining of base and precious metals. The company has developed multi-dimensional compounds and their related processes, technologies and methodologies to provide these sectors enhanced benefits and revenue opportunities. For more information visit: www.planetresource.com or www.petroluxus.com.

About Franklin Mining, Inc: Franklin Mining, Inc. has mining interests in the United States and Bolivia. Additional information is available at www.FranklinMining.com.

Safe Harbor Statement Certain statements in this release are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the Company's ability to meet the terms and conditions required to obtain its project financing, risks and delays associated with product development, risk of market acceptance of new products, risk of technology or product obsolescence, competitive risks, reliance on development partners and the need for additional capital. PLANET takes no obligation to update or correct forward-looking statements, and also takes no obligation to update or correct information prepared by third parties that are not paid for by PLANET.

Media Contact: Rod Mitchell 281-350-5506 Email Contact A.S. Austin Company 858-537-7439 Email Contact