Owner
Post by Franko10 ™ on Nov 16, 2006 8:03:23 GMT -5
El Capitan Adds Experienced Mining Executive to the Board
07:15 EST Thursday, November 16, 2006
SCOTTSDALE, Ariz. (Business Wire) -- El Capitan Precious Metals, Inc. (OTC/BB:ECPN) Company President/CEO Chuck Mottley reports: " The Company is pleased to announce the addition of Ken Pavlich to the Board of Directors. Ken has enjoyed a long career in the natural resource industry, with extensive experience in evaluation, development, and operation of precious metal mines. Ken's client list include many of the leading North American precious metal companies that we anticipate will be interested in learning about our New Mexico project. We look forward to Ken's future contribution to the Board, and we are confident that his broad-based experience and reputation in the minerals industry will help the Company develop the underlying value of its assets."
About Mr. Ken Pavlich:
As the Principal of Pavlich Associates for the past four years, Mr. Pavlich, 52, has provided consulting services to numerous precious metal, base metal and industrial mineral companies. The primary focus of Pavlich Associates has been in the areas of corporate development and energy cost containment. In addition to his corporate development clients, including the Company, Mr. Pavlich is associated with three start-up firms that provide energy related services to Pavlich Associate clients.
Before founding Pavlich Associates, Mr. Pavlich held senior management positions with industrial minerals producer, Oglebay Norton Company (1997-2002), and precious metals producer Santa Fe Pacific Minerals (1989-1997). Earlier in his career, Mr. Pavlich held positions with several entrepreneurial technology firms providing services to natural resource companies. He also served in engineering positions with two coal companies prior to that time. Throughout his career, Mr. Pavlich has worked with many of the premier precious metal, base metal, industrial mineral and energy resource companies in North America. His 29-year career has encompassed extensive involvement in areas of marketing and sales, engineering, operations, and corporate development.
Mr. Pavlich earned a B.S. in Mining Engineering (Summa Cum Laude) from the University of Idaho in 1977 where he was elected to both the Phi Kappa Phi academic honor society and the Tau Beta Pi engineering honor society. He holds an M.S. in Management and Administrative Science - Finance Concentration from the University of Texas at Dallas. Mr. Pavlich also maintained certification as a registered Professional Engineer for over 20 years.
Mottley continues: "Ken is not only committed to maximizing shareholder value in the El Capitan property, but has been instrumental in overseeing the current metallurgical R&D efforts to understand the makeup of the mineralized resource and identify the possible methods of measuring and extracting the target metals. We have great faith in his abilities to do so. He is an invaluable asset to our team."
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.
El Capitan Precious Metals, Inc.
Ron Perkins, Vice President, 480-607-7093
www.elcapitanpmi.com
07:15 EST Thursday, November 16, 2006
SCOTTSDALE, Ariz. (Business Wire) -- El Capitan Precious Metals, Inc. (OTC/BB:ECPN) Company President/CEO Chuck Mottley reports: " The Company is pleased to announce the addition of Ken Pavlich to the Board of Directors. Ken has enjoyed a long career in the natural resource industry, with extensive experience in evaluation, development, and operation of precious metal mines. Ken's client list include many of the leading North American precious metal companies that we anticipate will be interested in learning about our New Mexico project. We look forward to Ken's future contribution to the Board, and we are confident that his broad-based experience and reputation in the minerals industry will help the Company develop the underlying value of its assets."
About Mr. Ken Pavlich:
As the Principal of Pavlich Associates for the past four years, Mr. Pavlich, 52, has provided consulting services to numerous precious metal, base metal and industrial mineral companies. The primary focus of Pavlich Associates has been in the areas of corporate development and energy cost containment. In addition to his corporate development clients, including the Company, Mr. Pavlich is associated with three start-up firms that provide energy related services to Pavlich Associate clients.
Before founding Pavlich Associates, Mr. Pavlich held senior management positions with industrial minerals producer, Oglebay Norton Company (1997-2002), and precious metals producer Santa Fe Pacific Minerals (1989-1997). Earlier in his career, Mr. Pavlich held positions with several entrepreneurial technology firms providing services to natural resource companies. He also served in engineering positions with two coal companies prior to that time. Throughout his career, Mr. Pavlich has worked with many of the premier precious metal, base metal, industrial mineral and energy resource companies in North America. His 29-year career has encompassed extensive involvement in areas of marketing and sales, engineering, operations, and corporate development.
Mr. Pavlich earned a B.S. in Mining Engineering (Summa Cum Laude) from the University of Idaho in 1977 where he was elected to both the Phi Kappa Phi academic honor society and the Tau Beta Pi engineering honor society. He holds an M.S. in Management and Administrative Science - Finance Concentration from the University of Texas at Dallas. Mr. Pavlich also maintained certification as a registered Professional Engineer for over 20 years.
Mottley continues: "Ken is not only committed to maximizing shareholder value in the El Capitan property, but has been instrumental in overseeing the current metallurgical R&D efforts to understand the makeup of the mineralized resource and identify the possible methods of measuring and extracting the target metals. We have great faith in his abilities to do so. He is an invaluable asset to our team."
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.
El Capitan Precious Metals, Inc.
Ron Perkins, Vice President, 480-607-7093
www.elcapitanpmi.com
