For Immediate Release
For Further Information Contact:
Steve Antol | 480-440-1449
The News Release in this Business Update was disseminated internationally Feb. 27, 2017.
U.S. Forest Service Agrees to Right of Way Road Use at El Capitan Mine Site
Scottsdale, Arizona – El Capitan Precious Metals, Inc., (OTC/QB: 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 Service agreement for the Company’s ability to support its full range of operational activities—from mining to crushing ore at the mine site. The Company is able to operate at a full commercial level. As reported last week, the equipment for the processing plant is on site, installation is in progress, and the plant is expected to be operational within the next week.
Stapleton added, “The agreement to the Right of Way resolution from the Forest Service is the result of months of meetings and discussions with state and national agencies and persistent due-diligence work and follow-through by El Capitan and its advisors.”
The Company anticipates several key announcements and updates in the coming weeks, all of which will move forward its agenda for revenue generation and enhancement of the asset value of the New Mexico property.
To see the entire agreement with the U.S. Forest Service, click here.
The News Release in this Business Update was disseminated internationally Feb. 21, 2017.
El Capitan Precious Metals Pilot Plant Operations Move Forward
Delivery of AuraSource II Equipment Confirmed and Installation in Progress as Company Prepares Concentrates for Sale
Scottsdale, Arizona – El Capitan Precious Metals, Inc., (OTC/QB: 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 is uniquely suited for the recovery of precious metals from the El Capitan ore.
According to John F. Stapleton, Chairman and CEO, the pilot processing plant operations represent the central resource in the Company’s ability to take its precious metals to market. “It’s very encouraging to be bringing the new processing plant on line giving us control over the final step in processing the El Capitan concentrates for sale.”
Stapleton added that the Company anticipates several key announcements and updates over the coming weeks, all of which will move forward its agenda for revenue generation and enhancement of the asset value of the New Mexico property.