El Capitan Precious Metals Inc (ECPN)

[gitreal]

It is not worthy. The US Forest Service certainly didn't think so:

The quality (value) of the mineral resource asserted by ECPMI is based on assay results from AuRic Laboratory. AuRic rated very poorly for accuracy in blind testing carried out by the BLM (Shumaker, 2002). Significantly, AuRic ‘detected’ platinum in barren samples and under-reported platinum in standards from the Stillwater platinum mine in Montana. Even without the AuRic connection, ECPMI’s lab results are questionable due to ECPMI’s rejection of the use of fire assay, which is the industry standard. The proprietary methods they have used are unknown and therefore non-reproducible. On the basis of their reported assay results, ECPMI asserts that their deposit is a “measured resource”, (ECPMI web site, Smith, 2007) and proposes that their next step is to move an aggressive drilling program outward to further delineate the extent of the deposit. But the existence and quality of this mineral resource relies completely on the AuRic/ECPMI assay results.