Message #25 From:
NewsBot Date: December 13, 2006 01:03:00 PM
ECPN News El Capitan Adds Experienced Leadership to the Board
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTC/BB:ECPN)
reports the appointment of Bruce Snyder to its Board of Directors. This
appointment was made at the request of Gold and Minerals Company, Inc.
G&M is a 60% owner of the El Capitan Property and has appointed ECPN as
their agent for the sale of the property. This agreement for the
marketing of the El Capitan property allows G&M representation on ECPN’s
Board.
Chuck Mottley, Company President and CEO, stated: “I
have known Bruce professionally for many years and I have the utmost
respect for his integrity. He has proven his organizational and
leadership ability time after time and will be a welcome asset to our
Board of Directors.”
About Bruce Snyder:
Mr. Snyder has had an exceptional career as a Head Coach in Football,
including Arizona State University, University of California and Utah
State University. He was also an assistant coach with the N.F.L. Los
Angeles Rams. He has been the head coach in the Hula Bowl and the East
West Shrine post season games. Mr. Snyder was selected College Football
Coach of the year in 1996.
Mr. Snyder holds a Bachelor of Science from the University of Oregon and
has published a book on leadership: “Leadership
in Action." He is currently enjoying a career as a professional speaker
and has a wide following as a public figure and organizational
specialist.
About El Capitan Precious Metals, Inc.
El Capitan Precious Metals, Inc. is an exploration stage company that
owns a 40% interest in the El Capitan property 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 100% of the Weaver mine located 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, interpretation of drill results,
the geology, grade and continuity of mineral deposits, results of
initial feasibility, pre-feasibility and feasibility studies and the
possibility that future exploration, development 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 iron ore
and other products; fluctuations in world market prices for the Company’s
products; 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; the Company’s
ability to enter into and meet all the conditions to close 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.
The Company disclaims any obligation to update its forward-looking
statements.