SCOTTSDALE, Ariz.–(BUSINESS WIRE)–El Capitan Precious Metals, Inc. (OTCQB: ECPN) announced today that the Shareholders’ Meeting will be held at The Inn of the Mountain Gods in Ruidoso, NM on September 28th 2016 at 10:00 am. The Inn of the Mountain Gods is offering a preferred rate for meeting attendees, and this rate should be requested when making reservations.
The purpose of moving the meeting is to allow shareholders to visit the mine site at Capitan, NM, about 25 miles from The Inn of the Mountain Gods. Shareholders will be able to view, firsthand, the recent activities at the mine site.
The results of recent activities at the mine include the excavating of ore and the concentration of the ore through the AuraSource Heavy Metals Separation equipment. Stockpiles of ore, from each stage of the process, are currently located at the mine for efficient, continued production and concentration activities.
At the meeting, the shareholder presentation will also provide, in detail, a complete explanation of the transportation of the ore concentrates to Logistica, who further concentrates the initially concentrated ore, thus producing the valuable concentrates such as those that have recently been deposited in the bonded COMEX warehouse. It is important to realize that the concentration of the ore at both the mine site and at Logistica is a multiple-step process, with the ore continually becoming more concentrated with each step.
The meeting will also provide a description of the commercial production line that has been designed and is expected to be established for the extraction of the actual precious metals by Logistica. El Capitan Precious Metals, Inc. is looking forward to having the opportunity to provide its shareholders with a full explanation and demonstration of its activities, eliminating questions and misinformation related to the Company’s ability to produce precious metals.
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
Forward-Looking Safe Harbor Statement:
The statements included in this press release concerning predictions of economic performance and management’s plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements are statements that are not historical facts. Words such as “expect(s),” “feel(s),” “believe(s),” “will,” “may,” “anticipate(s)” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements regarding the expected completion, timing and results of metallurgical testing, interpretation of drill results, the geology, grade and continuity of mineral deposits, results of initial feasibility, pre-feasibility and feasibility studies and expectations with respect to the engaging in strategic transactions. All of such statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Specifically, there can be no assurance regarding the timing and terms of any transaction involving the Company or its El Capitan property, or that such a transaction will be completed at all. In addition, there can be no assurance that periodic updates to the Company’s geological technical reports will support the Company’s prior claims regarding the metallurgical value and make-up of the ore on the New Mexico property. Additional risks and uncertainties affecting the Company include, but are not limited to, the possibility that future exploration, development, testing or mining results will not be consistent with past results and/or the Company’s expectations; discrepancies between different types of testing methods, some or all of which may not be industry standard; the ability to mine precious and other minerals on a cost effective basis; the Company’s ability to successfully complete contracts for the sale of its products; fluctuations in world market prices for the Company’s products; the Company’s ability to obtain and maintain regulatory approvals; the Company’s ability to obtain financing for continued operations and/or the commencement of mining activities on satisfactory terms; the Company’s ability to enter into and meet all the conditions to consummate contracts to sell its mining properties that it chooses to list for sale; and other risks and uncertainties described in the Company’s filings from time to time with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.