Scottsdale, Arizona - El Capitan Precious Metals, Inc. (OTC/BB:ECPN) The Company reports that they have received results from nine one pound samples showing gold and silver total values at even higher levels than indicated in the last published report of 1.2 ounces per ton of gold equivalent.
These samples are from head ore obtained through the chain of custody. These higher values from head ore help confirm those previously obtained from concentrates. These results also support the reliability of the effectiveness of the processing methods currently being pursued by the Company.
While the Company will continue to do research on other methods of recovery for these and other precious metals, we will rely on these successes for the purposes of presenting the property for sale.
This analysis was performed by a nationally recognized laboratory the Company has previously used.
The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the results of metallurgical testing, interpretation of drill results, the geology, grade and continuity of mineral deposits, results of initial feasibility, pre-feasibility and feasibility studies and the possibility that future exploration, development, testing or mining results will not be consistent with past results and/or the Company's expectations; discrepancies between different types of testing methods, some or all of which may not be industry standard; the ability to mine precious and other minerals on a cost effective basis; the Company's ability to successfully complete contracts for the sale of its products; fluctuations in world market prices for the Company's products; the Company's ability to obtain and maintain regulatory approvals; the Company's ability to obtain financing for continued operations and/or the commencement of mining activities on satisfactory terms; the Company's ability to enter into and meet all the conditions to consummate contracts to sell its mining properties that it chooses to list for sale; and other risks and uncertainties described in the Company's filings from time to time with the Securities and Exchange Commission. The Company disclaims any obligation to update its forward-looking statements.