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El Capitan Precious Metals Reports 99% Pure Precious Metals Recovery
El Capitan Precious Metals Reports 99% Pure Precious Metals Recovery.
About this update from El Capitan Precious Metals Inc
[{"type":"text","content":"\n \n John F. Stapleton, Chairman of the Board of El Capitan Precious Metals, \n Inc., (OTCQB: ECPN) announced today that significant advances in the \n Company’s precious metals recovery process have produced gold and \n platinum beads that are 99% pure, from its ultra-fine concentrates. \n Stapleton confirmed that the new recovery process is the result of \n recent collaborations and is both replicable and scalable.\n \n\nThis Smart News Release features multimedia. View the full release here: \nhttp://www.businesswire.com/news/home/20160728005385/en/\n\n \n \n This photo depicts recovered gold beads—99% pure—from dozens of El Capitan ore concentrate samples tested using a new recovery process that will be used at the production plant currently in development. (Photo: Business Wire) \n\n\n \n According to Stapleton, this critical step comes on the heels of other \n recent announcements by the Company that have paved the way for precious \n metals production and cash flow.\n \n \n “We have succeeded in achieving the most significant milestone, recovery \n of 99% pure precious metals, in the management’s execution of its \n operational goals,” said Stapleton.\n \n \n Photos of the precious metal beads are showcased here and are also \n featured on the El Capitan website: www.elcapitanpmi.com\n \n \n Logistica U.S. Terminals, LLC, the Company’s processing agent, has \n placed in excess of seven tons of precious metals concentrates into a \n bonded COMEX warehouse in the name of El Capitan Precious Metals, Inc. \n The warehouse receipt states the value of the concentrates to be $3.7 \n million. These concentrates are waiting to be processed and sold.\n \n \n The Company’s new recovery process—a result of collaboration with \n Logistica, leveraging and licensing cutting-edge technologies, and sheer \n tenacity—will have an impact on how acquisition or joint-venture \n operations scenarios could unfold. The Board anticipates that the \n Company will have progress updates to announce at or before the Annual \n Shareholders Meeting on September 28, 2016 in Ruidoso, New Mexico.\n \n \n About El Capitan Precious Metals, Inc.:\n \n \n El Capitan Precious Metals, Inc. is a mining company based in \n Scottsdale, Arizona that is principally engaged in the mining of \n precious meta...