Mining Operations to Commence at El Capitan Site in New Mexico

SCOTTSDALE, Ariz., Jul 29, 2014 (BUSINESS WIRE) El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced today that it has successfully completed the assembly and testing of the AuraSource Heavy Metals Separation System at the New Mexico mine site. When mining operations commence, the sale of the tailings will mark the Company s transition from an exploration company to an operating mining company. The Company also reported that it is in active negotiations with a buyer for the tailings the precious-metals-rich concentrates that are created when ore is processed via the Heavy Metals Separation System. Once a new contract is in place for the sale of the precious-metals concentrates, and coupled with the existing contract for the sale of iron ore, El Capitan will have established itself as a sustainable and profitable mining company. ECPN Board Chairman John F. Stapleton stated, These are exciting times for the Company and its shareholders as we complete significant steps in our strate
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