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Article: El Capitan Precious Metals to Divide into Two Divsions for Strategic Purposes.
- Article from:
- Business Wire
- Article date:
- December 15, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PHOENIX -- El Capitan Precious Metals, Inc. (OTCBB: ECPN) announced today that the Company is being divided into two divisions: the Precious Metals Division and the Iron Ore/Sand and Gravel Division.
Charles C. Mottley, ECPN President/CEO said: "We have been an exploration and development company but now we are entering into the operations phase with our properties. The Precious Metals Division has four properties: the El Capitan Mine, which is now being put into production with a ten ton per day pilot plant. AuRic Metallurgical Labs is developing a process to recover gold, platinum, palladium and silver. AuRic has the metallurgical experience in the platinum ...
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