El Capitan Precious Metals Inc., (OTCQB: ECPN) announced today that it has successfully conducted smelting demonstrations, with refinery representatives present, of its concentrates to produce precious metals in alloy form—and prove the precious metals content of its concentrates. The Company commissioned this work to support negotiations with three refiners, two of which rank among the top precious metals refiners [...]
El Capitan Precious Metals Inc., (OTCQB: ECPN) reported today that the AuraSource II machine that will process its concentrates is fully operational at the planned capacity. The machine has been modified to accommodate U.S. power source requirements and enhanced to increase throughput for the final processing of El Capitan concentrates. “Most important,” according to John F. Stapleton, El Capitan Chairman and [...]
El Capitan Precious Metals Inc. (OTCQB: ECPN) announced today that the U.S. Forest Service has agreed to El Capitan’s use of Right of Way road access at its New Mexico mine site. The agreement represents the Company’s ability to overcome yet another obstacle on its path toward supporting its mining operations and revenue generation. John F Stapleton, Chairman and CEO, stressed the importance of the Forest [...]
El Capitan Precious Metals Inc., (OTCQB: ECPN) announced today that the AuraSource II machine that will process its concentrates for sale directly to refiners has arrived at the pilot plan site and will be operational by the end of February. Imported from China, the multi-million-dollar, proprietary technology of this device was specifically designed and calibrated for the final processing of El Capitan concentrates and [...]
El Capitan Precious Metals Inc., (OTCQB: ECPN) announced today that it has completed several objectives that will poise the Company for production, sales, and anticipated profitability early in the new year. Key initiatives have included continued engagement with the U.S. Forest Service related to conditions of Right of Way use and the proactive shipment of ore to China for a quality check of the new pilot plant [...]
El Capitan Precious Metals Inc. (OTCQB: ECPN) announced that it has executed its agreement with AuraSource, Inc. (OTC Markets: ARAO) for the sale of up to 600,000 metric tons of head ore over the next 12 months. This agreement, as previously reported, is renewable for five additional, one-year terms. The revenue to ECPN would be $180 million per year at a cost of approximately $30 per ton for mining and loading. The [...]
El Capitan Precious Metals Inc., (OTCQB: ECPN) announced today that it has reached an agreement in principle on the terms and conditions for the sale of 600,000 metric tons of head ore. This agreement is an annual agreement with options to renew for five additional years. Finalization and publication of this agreement are subject to certain conditions, the most significant of which is that El Capitan successfully repeats [...]
El Capitan Precious Metals Inc., (OTCQB: ECPN) through its transfer agent, disseminated the following letter from Chief Executive Officer and Board Chairman John F. Stapleton to its shareholders today. As previously announced, the Company Shareholders’ Meeting will be held on September 28, 2016 at The Inn of the Mountain Gods in Ruidoso, New Mexico. Dear El Capitan Precious Metals Shareholder: It is a pleasure to [...]
El Capitan Precious Metals Inc., (OTCQB: ECPN) announced today that the Company has reorganized its management team to be highly transaction focused in anticipation of current opportunities, negotiations, and agreements. John F. Stapleton, the current Chairman of the Board of Directors, will continue as Chairman and assume the roles of Chief Executive Officer and President to create a single point of focus to address the [...]
John F. Stapleton, Chairman of the Board of El Capitan Precious Metals, Inc., (OTCQB: ECPN) announced today that significant advances in the Company’s precious metals recovery process have produced gold and platinum beads that are 99% pure, from its ultra-fine concentrates. Stapleton confirmed that the new recovery process is the result of recent collaborations and is both replicable and scalable. This Smart News [...]
John F. Stapleton, Chairman of the Board of El Capitan Precious Metals, Inc., (OTCQB: ECPN) announced today the appointment of Daniel Martinez to its Board of Directors. As part of the Company’s long-term goal of expanding its Board, Mr. Martinez brings unique abilities to the Company’s development efforts. Mr. Martinez is a native of Arizona and has spent considerable time in New Mexico. He has worked [...]
El Capitan Precious Metals Inc. (OTCQB: ECPN) announced today that it has mined and processed sufficient quantities of ore at the mine site to meet the needs for the next year and is moving into its next phase of operations. This decision is based upon its operations plan requirements for concentrated ore, extracted from head ore. The Company and its partner, Logistica, are now focused on extraction of precious metals [...]