A decade of ecpn non-progress
December 30, 2016 07:15 AM - the year of dupin davidson
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc., (OTCQB: ECPN) announced today that it has completed several objectives that will poise the Company for production, sales, and anticipated profitability early in the new year.
In related news, the Company announced that its pilot ore-processing plant is expected to be in full production as soon as the new equipment arrives on site and is operational. The Company anticipates that the equipment will be operational within weeks of installation at the plant site and full production is expected to be realized thereafter.
January 14, 2015 - the year of tangible production of nothing
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. expects to book revenue from sales of precious metals concentrates derived from head ore mining in the quarter ending March 31, 2015.
“Our continued dedication to mining operations at our El Capitan property is delivering expected tangible results.” The Company plans to mine 350,000–400,000 metric tons in Fiscal 2015, yielding gross revenues from the sales of its precious metals concentrates of $22–26 million, while continuing to stockpile its iron ore until prices become more favorable. El Capitan expects such revenues to yield $4.5–5.3 million of pre-tax profit for fiscal 2015.
January 06, 2014 – the year of bold strategic non-production of iron
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCBB:ECPN) today announced it will commence on-site mining operations that will separate and sell the iron ore from its New Mexico mine. This bold and strategic step is a result of the impressive results from its refined precious metals recovery process and the opportunity to offset the costs of mining by selling the high-quality iron that represents a significant part of the El Capitan ore.
January 4, 2013 – the year of the super duper investment banker, the strategic very last step
Dear Shareholders:
Our Company, El Capitan Precious Metals, Inc., had a very eventful 2012. We are now in the last step of our strategic plan, having the investment bank market the El Capitan property.
Chuck Mottley, President and CEO
March 22, 2012 - the year of awareness of significant strides to nothing
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTC/BB:ECPN) confirms the engagement of TEN Associates, LLC, an Investor Relations firm located in Newport Beach, California and Phoenix, Arizona. The IR firm is charged with heightening national awareness of El Capitan Precious Metals, Inc.
March 17, 2011 - the year of wendell the loon decomposition process
We are making progress in our research and development of the assay and extraction process of the El Capitan Property. ECPN has recently entered into a joint agreement with Wendell and Co. who is the developer of the precious metals assaying and extraction processes we are using. The results from Wendell and Co. on samples taken from the Company’s previous drilling project have been very encouraging.
The thermal decomposition process that Wendell and Co. has developed has exceeded ECPN’s minimum requirement of precious metals recovery and therefore we are moving forward.
March 30, 2010 - the year of resurrecting muttley and the scam
Approximately a year ago El Capitan Precious Metals (ECPN) was virtually bankrupt with its stock selling for pennies and a management team with no plans for the future.
Since that time the Board of Directors and Management have been replaced with John Stapleton chosen as the Chairman of the Board, Jim Ricketts as a member of the Board and Steve Antol as Chief Financial Officer. I came out of retirement to again assume the role of President and CEO.
February 04, 2009 - the year of truth (oops who the heck let an honest person onto the board?)
RENO, Nev.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCBB:ECPN) reports that confirmation test work performed at a major commercial laboratory failed to duplicate the encouraging gold leaching results reported on December 10, 2008. The assay results from the confirmation test work indicated gold head grades of less than 0.004 troy ounces per standard ton. The confirmation test work used four 500g composite samples from El Capitan deposit drill hole material, all of which were finely ground (80% passing 17µm) prior to initiation of a 10-day leach cycle.
Ken Pavlich, ECPN President & CEO, stated, “While we know that the test procedures used were not precisely the same as those employed last fall that led to the positive results discussed in the December press release, we have every confidence in the personnel, equipment, and procedures involved in the current set of leach tests performed at this Canadian laboratory. Consequently, there is no reason to question the accuracy of the reported results.”
February 13, 2008 - the year of larry getting his big payout
RENO, Nev.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCBB:ECPN) announced today that ECPN and Gold and Minerals Company, Inc. (G&M) have signed a merger agreement under which G&M will merge with a wholly owned subsidiary of ECPN, and G&M shareholders will receive ECPN common stock in exchange for their G&M stock.
April 10, 2007 - the year of accereration and the timely development of the hidden value of the biggest gol darn PM deposit in the USofA
Mr. Mottley said, “I am very pleased that Ken Pavlich has agreed to join ECPN at this critical time in the Company’s history. His experience in the management, evaluation, development, and operation of precious metal mines will be critical to the strategic goal of developing the El Capitan resource. I am confident that Ken is the right choice to lead the ECPN team in the effort to fully capture the value of the El Capitan deposit for our shareholders.”
When asked about his vision for the Company, Mr. Pavlich noted, “ECPN is a company with tremendous potential, and it will be my job to make it possible for the team to achieve that potential in a timely fashion.
Fundamentally, my challenge does not entail changing the direction or goals that have been set by Chuck Mottley and his team, but rather to accelerate the pace of the movement toward those goals.”
