Post by archangle on Oct 3, 2005 9:52:14 GMT -6
EL Capitan news 10/03/05
« Thread Started on Today at 7:34 »
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October 03, 2005 07:00 AM US Eastern Timezone
National Mining Association Names El Capitan Precious Metals' CEO to Its Board of Directors
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oct. 3, 2005--El Capitan Precious Metals, Inc. (OTCBB:ECPN) reports: The National Mining Association (NMA) held their annual meeting in Washington, D.C. last week and elected the Company's President/CEO, Chuck Mottley, to the Board of Directors.
Mottley joins a NMA Board that includes such prestigious companies as Newmont Mining Corporation, Cleveland-Cliffs, Inc., Barrick Gold Corporation, Placer Dome USA and Kennecott Utah Copper Corp. The NMA Board Members include CEO's and top management from dozens of U.S. mining companies, equipment manufacturers and companies that support the mining industry.
The NMA is the voice of the American mining industry and the only national trade organization that represents the interests of mining before Congress, the Administration, federal agencies, the judiciary and the media.
In addition Mottley was appointed to serve on the Environment Committee and the Government Affairs Committee.
Mottley stated: "I consider it a great honor to be included in this group of outstanding executives. I look forward to contributing my time, effort and expertise to the advancement of the Association's goals and to establishing new relationships with some of the best and brightest individuals in the mining business."
El Capitan Precious Metals, Inc. is an exploration stage company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. mine located near Kingman, Arizona. In addition, the Company owns contractual rights to the Rainbow Valley mine consisting of 1660 acres and 100 % of the Weaver mine, both near Phoenix, Arizona.
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. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the results of metallurgical testing, 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 iron ore and other products; fluctuations in world market prices for the Company's products; competition from iron ore producers worldwide, which producers have greater resources and more established operations than those of the company; the company's ability to arrange transportation from its mining properties to ocean ports on satisfactory terms; the Company's ability to obtain or maintain regulatory approvals; the company's ability to obtain financing for the commencement of mining activities on satisfactory terms; the Company's ability to obtain necessary financing; and other risks and uncertainties described in the Company's filings from time to time with the Securities and Exchange Commission. The Company disclaims any obligation to update its forward-looking statements.
W
« Thread Started on Today at 7:34 »
--------------------------------------------------------------------------------
October 03, 2005 07:00 AM US Eastern Timezone
National Mining Association Names El Capitan Precious Metals' CEO to Its Board of Directors
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Oct. 3, 2005--El Capitan Precious Metals, Inc. (OTCBB:ECPN) reports: The National Mining Association (NMA) held their annual meeting in Washington, D.C. last week and elected the Company's President/CEO, Chuck Mottley, to the Board of Directors.
Mottley joins a NMA Board that includes such prestigious companies as Newmont Mining Corporation, Cleveland-Cliffs, Inc., Barrick Gold Corporation, Placer Dome USA and Kennecott Utah Copper Corp. The NMA Board Members include CEO's and top management from dozens of U.S. mining companies, equipment manufacturers and companies that support the mining industry.
The NMA is the voice of the American mining industry and the only national trade organization that represents the interests of mining before Congress, the Administration, federal agencies, the judiciary and the media.
In addition Mottley was appointed to serve on the Environment Committee and the Government Affairs Committee.
Mottley stated: "I consider it a great honor to be included in this group of outstanding executives. I look forward to contributing my time, effort and expertise to the advancement of the Association's goals and to establishing new relationships with some of the best and brightest individuals in the mining business."
El Capitan Precious Metals, Inc. is an exploration stage company that owns a 40% interest in the El Capitan mine located near Capitan, New Mexico as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. mine located near Kingman, Arizona. In addition, the Company owns contractual rights to the Rainbow Valley mine consisting of 1660 acres and 100 % of the Weaver mine, both near Phoenix, Arizona.
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. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the results of metallurgical testing, 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 iron ore and other products; fluctuations in world market prices for the Company's products; competition from iron ore producers worldwide, which producers have greater resources and more established operations than those of the company; the company's ability to arrange transportation from its mining properties to ocean ports on satisfactory terms; the Company's ability to obtain or maintain regulatory approvals; the company's ability to obtain financing for the commencement of mining activities on satisfactory terms; the Company's ability to obtain necessary financing; and other risks and uncertainties described in the Company's filings from time to time with the Securities and Exchange Commission. The Company disclaims any obligation to update its forward-looking statements.
W
