The El Capitan Board of Directors reports the following updates on the state of the Company: Results of Bench Scale Test Results show that sodium cyanide recoveries on non-magnetic, hematite-dominant fractions assaying 0.173 oz/t Au and 0.239 oz/t Au. Results show that sodium thiosulfate recoveries on non-magnetic, hematite-dominant fractions [...]
El Capitan Precious Metals Inc., confirmed that effective May 4, 2018, at 2:38 PM the Board of Directors wishes to announce the following changes: Chairman of the Board: Timothy Gay Interim CEO and President: John Balding The immediate past Chairman, CEO and President, John Stapleton, will remain on the Board of Directors and we look forward to his [...]
El Capitan Precious Metals Inc., reported today on the findings of a study conducted by Maria Teresa Gamba that identified a minimum of 480,000,000 tons of inferred reserves of mineable iron at the El Capitan mine site in New Mexico. Maria Gamba, senior geologist from Sinectica Geoenv.Cons. LLC FI USA and author of the report, stated that the [...]
El Capitan Precious Metals Inc. reported today that the Company was informed on March 30, 2018, that the contracted buyer to purchase and process the concentrates from El Capitan Precious Metals had decided not to process the material, and instead is offering to ship the material back to El Capitan Precious Metals. This information was relayed by [...]
El Capitan Precious Metals Inc. announced today that Doug Sanders has been elected to serve on its Board of Directors, effective immediately. Sanders, an El Capitan shareholder for nearly 10 years, brings a wealth of knowledge and experience to the Company. His experience in construction and project management spans four decades and is both varied [...]
El Capitan Precious Metals Inc., announced today that an agreement was executed in December for the sale of its precious metal hyper-concentrates. El Capitan Chairman and CEO John F Stapleton reported that the Company reached a final agreement with a buyer and has executed a Purchase Agreement for all remaining hyper-concentrates produced by the [...]
El Capitan Precious Metals Inc., announced today that it has entered into an agreement with a refiner that will buy, refine, and sell the hyper-concentrates generated by the pilot plant. This agreement is evidence of the Company’s continued focus on the guidance set forth at the July 2017 Shareholder Informational Meeting: to process all of [...]
El Capitan Precious Metals Inc., announced today that the Company’s board of directors has been expanded to include two additional positions and named John Balding and Robert Shirk as new directors. These new appointments expand the board to seven directors. In related news, El Capitan Chairman and CEO John F. Stapleton confirmed that A [...]
El Capitan Precious Metals Inc. (OTCQB: ECPN) confirms that it received its first payment on the sale of precious metals extracted from El Capitan ore in June of this year from a domestic precious metals refinery. The Company has since dispatched a second shipment of precious metal alloy bars to the refinery for processing and payment. According to [...]
El Capitan Precious Metals Inc. (OTCQB: ECPN) announced today that in the month of July it has shipped a total of 13.5875 pounds of El Capitan precious metals recovered from its El Capitan mine site to a U.S.-based refinery. August shipments are on schedule and the Company will report both the recovery details as well as the dollar value of July [...]
In a historic milestone, El Capitan Precious Metals Inc. (OTCQB: ECPN) announced today that its first-ever payment on the sale of precious metals recovered from its El Capitan mine site has been issued to the Company. The payment is for the initial shipment of precious metals pursuant to a recently-announced contract with a U.S.-based refinery [...]
El Capitan Precious Metals Inc. (OTCQB: ECPN) announced today that it has executed an agreement for the sale of precious metals to a U.S.-based refinery through the Canada-based metals broker PFL Bullion Consultants. The one-year contract, against which the Company has already completed the first shipment, is already in effect awaiting final assays [...]