Recovery Demonstrations Prove Values of El Capitan Ore to Satisfy World-Class Refineries
7 hours 17 minutes ago - DJNF
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 08, 2017--
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 in the world. The initial shipment to one of the three companies was completed today.
This proves--validates--both the precious metals recovery process and the precious metals values from concentrates.
The Company plans to hold an Informational Meeting for Shareholders in late July to provide a complete description of the process as well as the metallurgical results, sales updates, and future contract commitments that have resulted from this work. Details on that meeting will be announced by the end of June.
About El Capitan Precious Metals, Inc.:
El Capitan Precious Metals, Inc. is a mining company based in Scottsdale, Arizona that is principally engaged in the mining of precious metals and other minerals. The Company's primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds the 100% equity interest in the El Capitan property located near Capitan, New Mexico. www.elcapitanpmi.com
