Item 8.01 Other Events. On September 5, 2006, the Board of Directors of El Capitan Precious Metals, Inc. (the "Company") approved an Audit Committee Charter and Compensation Committee Charter for the Company. The Audit Committee and Compensation Committee Charters are filed herewith as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits. (a) Not applicable.
(b) Not applicable.
(c) Not applicable.
99.1 Audit Committee Charter of El Capitan Precious Metals, Inc.
99.2 Compensation Committee Charter of El Capitan Precious Metals, Inc.