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El Capitan Precious Metals (ECPN)

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Last Post: 5/4/2022 3:09:18 PM - Followers: 42 - Board type: Free - Posts Today: 0

El Capitan Precious Metals

Our goal is to build long-term value for the Company's stockholders and execute a Strategic Plan that will culminate in the sale of the El Capitan Property.

We are committed to implementing green technology, fostering innovation, and knowing and serving the Company's stockholders as well as building trust through honest and open communications.

 

The El Capitan Story

While the El Capitan deposit comes with metallurgical challenges, the near-surface, pervasive nature of this deposit, all of which occurs above the regional water table, provides the potential for both a low mining cost and a long life operation. An investment in ECPN represents an investment in a late-stage exploration / early-stage development company with a gold, silver and platinum group metals discovery that has already seen almost 13,000 feet of successful core and reverse circulation drilling within a 200 acre resource block. In addition to developing a better understanding of the metallurgical issues associated with this deposit, the Company is focused on acquiring federal and state permits to conduct sub-surface exploration on a 2,000 acre claim block extending east, west and south of the current resource area. This prospective portion of the El Capitan land package contains a number of attractive targets identified through surface sampling, as well as gravity, magnetic, and hyperspectral remote sensing.? ECPN is executing its strategy for the development of the El Capitan deposit in a manner that is conducive to steady and sustainable share value improvements. ECPN is targeting long-term value investors, and we are specifically avoiding the type of promotional activities that result in unsustainable temporary share price movements that typically attract short-term, trading oriented investors. We believe that our conservative approach to this asset, and to the financial markets, supports our goal of steady and sustainable share value enhancement. ?ECPN represents an important precious metals investment opportunity that should be part of the portfolio of the risk tolerant, mid-to-long-term investor looking for leveraged exposure to the precious metals market through a late-stage exploration / early-stage development asset.

The El Capitan deposit has been known as a potential iron ore resource for several decades. The U.S. Bureau of Mines drilled approximately 140 shallow holes through the outcropping, shallow-dipping magnetite skarn deposit in 1944 and 1948. The outcropping deposit was mapped at a scale of 1:3,600 in 1952 (Kelley, 1952). Small-scale iron ore production totaled approximately 250,000 tons in the years 1961-1988. El Capitan Precious Metals, Inc. conducted a ground magnetic survey and a drill program of six shallow holes in 2002. Although only low precious metals values had been obtained from the deposit by "standard" fire assay over the years and no significant exploration had been conducted on the property, in May, 2004 El Capitan Precious Metals, Inc. submitted a few samples of magnetite iron skarn to a metallurgical laboratory in Salt Lake City, Utah. The lab separated the samples into magnetic and non-magnetic fractions and reported significant gold and platinum results on the non-magnetic fractions using their proprietary caustic fusion assay method. These results prompted a 32-sample surface sampling and assay program conducted in January of 2005. The lab reported potential ore-grade gold and platinum results on all 32 samples; this caused El Capitan Precious Metals, Inc. to undertake three stages of diamond core, open-hole rotary, and reverse circulation drilling to outline the existing 141 million tons of Measured Resource with a gold equivalent grade of 0.044 opt.

The El Capitan property consists of 354 Bureau of Land Management (BLM) lode claims and four patented claims. The claim block is located in Lincoln County, New Mexico and occupies a total of approximately 3,000 acres in townships T 7 S, T 8 S and range R 14 E. The BLM lode claims were staked and recorded by consultants employed by El Capitan Precious Metals, Inc. and personnel of the company. The El Capitan property is owned by El Capitan Ltd., an Arizona corporation. El Capitan Precious Metals, Inc. purchased a 40% equity interest in El Capitan Ltd. from Gold and Minerals, Inc. in 2002. In 2011 the merger of Gold and Minerals and ECPN was complete. ECPN now retains a 100% equity interest in the property.

 

Geology of the El Capitan Deposit

 

The El Capitan deposit is located at the most prominent structural intersection in New Mexico, within perhaps the greatest exposed concentration of Tertiary intrusions in New Mexico (Cather and others, 1991), and is apparently underlain by a large mafic or ultramafic intrusion. The structural intersection is formed by the north-south-trending axis of the Pedernal uplift-Mescalero arch and the east-west-trending Capitan lineament. In the south, the Pedernal-Mescalero axis closely parallels the Sacramento uplift, an east-tilted fault block with evidence of at least three periods of deformation (Precambrian to late Tertiary), and in the north it closely parallels a series of faults and folds in the Picuris-Pecos trend. The Pedernal-Mescalero structural zone coincides generally with a belt of crustal thickening and alkalic intrusions (Bird, 1984) that marks the boundary between the tectonically active Rio Grande Rift (a branch of the Basin and Range) and Rocky Mountains on the west and the tectonically stable Great Plains on the east. The Pedernal-Mescalero axis appears to be offset approximately 10 miles across the Capitan lineament (Cather and others, 1991). The Capitan lineament is a well- defined basement fracture and magmatic zone that may be traced for over 300 miles from Socorro, NM into western Texas; in the area of the El Capitan deposit the lineament is reflected by the Capitan pluton.

The Tertiary intrusions form the Lincoln County porphyry belt that includes at least 11 stocks and laccoliths. The east-west elongate, 20 mile-long Capitan pluton is a Miocene aplite (granitic) laccolith that plunges westerly and underlies the El Capitan deposit. Thompson (1991) concluded that magmas in the porphyry belt were generated from both lower crustal and upper mantle sources and McLemore (1991) concluded that a diversity of mineral deposit types in the El Capitan region resulted from several different complex magmatic fractionation and differentiation events. Roberts and others (1991), show a coincident steep-gradient aeromagnetic anomaly and a gravity anomaly. These anomalies cover an area of over 270 square miles, show northerly and easterly structural trends, and are interpreted as reflecting a large mafic or ultramafic intrusion that underlies the Lincoln County porphyry belt and the El Capitan deposit. It is possible that precious metals bearing hydrothermal fluids that formed the El Capitan deposit were differentiates from this buried mafic or ultramafic intrusion.



Future


El Capitan ore includes the iron minerals magnetite and hematite. Magnetite is a strongly magnetic mineral readily separated into a commercially viable concentrate of > 62% Fe (iron). Separation of magnetite leaves a gold-bearing, non-magnetic, hematite concentrate available for sodium thiosulfate leaching of gold and, possibly, platinum.

Barrick Gold Corporation has demonstrated the viability of sodium thiosulfate leaching starting in 2016 at its Goldstrike Mine in Nevada, the largest gold mine in North America, that has produced 42 million ounces of gold to date. Incentive to commercially exploit the ore at El Capitan rests on the successful results of sodium thiosulfate leaching, as well as successful commercial sodium thiosulfate production by Barrick Gold Corporation at Goldstrike.
 

Relevant Sodium Thiosulfate Benefits:

Sodium thiosulfate produces comparable leaching results to sodium cyanide, the most commonly used leach chemical in gold mining.

Sodium cyanide is a deadly chemical that has degraded environments at many mines around the world. Sodium thiosulfate, by contrast, is a relatively benign chemical that is not-toxic in the environment.

 

 

Management

John Balding, CEO

Jeff Proper, Legal Counsel

Directors

Daniel Martinez, Chairman

Chuck Mottley, President Emeritus

John Balding

 

Consultants

Clyde Smith, Ph.D • Geologist

Clyde's Resumé
 

David S. Smith, MS, MBA, CPG • Geologist

David's Resume




Corporate Address
5871 Honeysuckle Rd.
Prescott, AZ. 86301
(928)515-1942
http://www.elcapitanpmi.com/contact-us

Website: http://www.elcapitanpmi.com
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PostSubject
#2781   I don't think Sanders is willing to spend pointbreak33 05/04/22 03:09:18 PM
#2780   Has it not sunk in yet that ECPN gitreal 05/04/22 01:32:44 AM
#2779   Needing to raise 500k for SEC. pointbreak33 05/04/22 01:21:40 AM
#2778   I can never understand these 5 zero trades.. ColetonM 04/26/22 04:25:26 PM
#2777   Proving a resource by "producing"? gitreal 04/25/22 01:08:49 PM
#2776   No more testing. To go into production and MrGold 04/25/22 12:56:48 PM
#2775   "needs a lot of money"..........LOL.... good one! gitreal 04/24/22 06:30:41 PM
#2774   I don't know Doug Sanders so anything I've MrGold 04/24/22 06:20:19 PM
#2773   Any feedback Mr.Gold? pointbreak33 04/23/22 09:32:10 AM
#2772   New business update: MrGold 04/23/22 03:23:52 AM
#2771   I thought it was a red flag when pointbreak33 04/05/22 06:33:24 PM
#2770   One of the biggest problems I see is MrGold 04/05/22 12:01:12 PM
#2769   Getting into business and mining p.m.s and Ore pointbreak33 04/02/22 10:13:11 AM
#2768   They've issued a report claiming to be 43-101 gitreal 03/30/22 02:21:49 AM
#2767   Latest business update announcing a possible JV, and MrGold 03/29/22 05:25:11 PM
#2766   Ill gladly take your shares if youll sell ColetonM 02/25/22 12:08:34 PM
#2765   Doug is getting this company back on track! ColetonM 12/21/21 08:25:10 AM
#2764   ECPN has a contract for some iron ore.The pointbreak33 11/19/21 01:03:47 PM
#2763   LOL....plenty of other mining scams to focus on. gitreal 11/06/21 06:53:56 PM
#2762   Maybe Gitreal but what would you do with pointbreak33 11/06/21 06:51:39 PM
#2761   They should let them lapse and end this gitreal 11/06/21 03:10:07 PM
#2760   Gold are you going to help with renewing pointbreak33 11/06/21 10:52:02 AM
#2759   Oct. 27 – Weekly Update MrGold 10/28/21 11:23:33 AM
#2758   More news coming up,on how there is no pointbreak33 10/25/21 01:04:24 PM
#2757   Nobody but maybe another scammer wants a subeconomic gitreal 10/06/21 04:38:28 PM
#2756   October 6th – Weekly Update from ECPN Board MrGold 10/06/21 03:38:49 PM
#2755   Wow, gold, platinum, iron AND rare earths? gitreal 09/28/21 10:06:29 PM
#2754   Update from ECPN Board Chairman Doug Sanders MrGold 09/28/21 06:46:43 PM
#2753   Yes, I know all that. And it gitreal 09/24/21 11:24:41 PM
#2752   They are at trips because of the recent MrGold 09/24/21 11:19:42 PM
#2751   3 years delinquent! I expected that they gitreal 09/24/21 08:40:16 PM
#2750   Well, they're about two years delinquent, so they're rbtree 09/24/21 08:25:50 PM
#2749   I'd have to go back and look at gitreal 09/24/21 07:25:10 PM
#2748   Lovely 5 year chart...... rbtree 09/24/21 06:24:00 PM
#2747   So, this is how it ends? How gitreal 09/24/21 05:38:53 PM
#2746   Even lower than that.Stock is dead.Wont ever rebound pointbreak33 09/24/21 04:56:48 PM
#2745   Looks like ECPN has flat-lined around $0.0030, and gitreal 09/23/21 11:56:58 PM
#2744   Iron ore? Who cares, has nothing to gitreal 09/09/21 12:06:48 AM
#2743   Iron ore price is down 40% since July pointbreak33 09/03/21 11:01:09 AM
#2742   If you didn't care you wouldn't of defended pointbreak33 08/25/21 10:44:47 AM
#2741   Truckloads of ore? Nahh....truckloads of BS.... gitreal 08/24/21 10:52:42 PM
#2740   Really? You wonder why he didn't mention trucking MrGold 08/24/21 10:05:45 PM
#2739   Hey mister gold I wonder why Sanders never pointbreak33 08/24/21 02:38:13 PM
#2738   Doug Sanders is our man if he can't pointbreak33 08/22/21 10:20:00 PM
#2737   What's coming first for ECPN....suspension or trips? gitreal 08/18/21 02:55:52 PM
#2736   They're lucky they have not been suspended by gitreal 08/07/21 11:47:31 PM
#2735   This was posted last week on the company website: MrGold 08/07/21 11:44:42 PM
#2734   How much money do they need to get fummer88 08/06/21 04:37:37 PM
#2733   How much money did I need to get fummer88 08/06/21 04:37:12 PM
#2732   5 more months to be"in business " pointbreak33 07/31/21 10:21:50 AM
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