ECPN Begins Transport of Precious Metals Concentrates

In completing its transition from an exploration company to an operating mining company, El Capitan Precious Metals, Inc. (OTCBB: ECPN) has achieved its most significant milestone. The Company reports that it has begun transport for delivery of its precious metals concentrates.

After months of meetings with various constituencies, ECPN has secured its Amended 40-Acre Permit from the Division of Mining and Minerals of the State of New Mexico. This permit allows the Company to operate mining activities and remediate the land, simultaneously.

The Company has also received an Air Quality Permit from the State of New Mexico and a new five-year Road Permit from the U.S. Forest Service.

Company representatives have met with the Lincoln County Commission and have learned that no further local compliance is required. ECPN is currently in full regulatory compliance with the U.S. Forest Service, the State of New Mexico, and Lincoln County in regard to its current mining operations plan at the El Capitan mine site.

ECPN began transporting precious metals concentrates from the El Capitan mine site in fulfillment of its contract with a Hong Kong-based trading company. The Company plans to operate through the winter months to deliver on that contract. This decision, in support of the Company’s precious metals mining, provides both long-term cash flow and profitability for the Company according to its operating plan. Revenues will be recognized under GAAP accounting rules when title for the concentrates changes from the seller to the buyer in Hong Kong.

According to Chuck Mottley, ECPN President and CEO, the Company is expanding its active mining operations as it continues to pursue other contracts for the sale of its concentrates.

John F. Stapleton, Chairman of the ECPN Board of Directors, stated: “Attaining these significant milestones is a fitting opening to a year of accomplishments and sets the Company up for building its profitability through 2015.”

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.

El Capitan Precious Metals, Inc.John Stapleton, 480-440-1449

El Capitan Precious Metals (CE) (USOTC:ECPN)
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