El Capitan Precious Metals, Inc. Reports Concentrate Samples Shipped to Commercial...

El Capitan Precious Metals, Inc. Reports Concentrate Samples Shipped to Commercial Lab

RENO, Nev.--(Business Wire)--
El Capitan Precious Metals, Inc. (OTCBB:ECPN) reports that the
Company's metallurgical R&D initiative involving several large
composites drill hole samples of the El Capitan deposit have completed
key project milestones. The tin collection fusion procedure was
performed on two separate drilling composites in late June, and the
subsequent electrolytic parting process was concluded in mid-July. The
"anode mud" concentrate was collected, dried, and then subjected to
both Scanning Electron Microscope (SEM) and Energy Dispersive X-Ray
Fluorescence (ED-XRF) analyses. Results from both tests indicate that
the anode mud concentrate contains encouraging gold, silver and
platinum group metal (PGM) grades. The concentrate samples have now
been shipped to an international commercial laboratory for precious
metals grade determinations.

Kenneth P. Pavlich, President & C.E.O., commented, "We are
optimistic about the progress of this test work because it not only
continues to provide encouraging results from the qualitative SEM and
ED-XRF analyses, but the effort has also provided a larger quantity of
concentrate than previous work, allowing the Company to arrange for
analysis by a third-party commercial laboratory."

In addition to the anode mud, the R&D laboratory which conducted
the tests recovered a small amount of filter residue from the
electrolytic solutions. This material produced similarly encouraging
SEM results, although insufficient material was available for ED-XRF
analysis. This filter residue was dissolved and analyzed with atomic
absorption (AA) equipment, and the results were very positive.

Mr. Pavlich continued, "Although the quantitative AA results of
the filter residues were extremely encouraging, we remain cautious
about extending the analytic results from that small amount of
material to the anode mud. There was only enough filter residue
material from each composite test to allow for one chemical analysis,
so there was no opportunity for quantitative verification or
validation; only qualitative support provided by the SEM results.

"We anticipate receiving quantitative anode mud analyses from the
commercial laboratory in the 2nd half of August, and we expect those
results will provide definitive answers concerning the viability of
this extraction process. While other metallurgical initiatives remain
ongoing, this technique continues to be the front-runner for
establishing the commercial value of the resource in a timely manner."

About El Capitan Precious Metals, Inc.

El Capitan Precious Metals, Inc. is a U.S. based mineral
exploration company whose primary asset is a 40% interest in the El
Capitan precious metals project, located in Lincoln County, New
Mexico. The Company's stock trades on the Over-the-Counter Bulletin
Board under the symbol ECPN.

Forward-Looking Statements

Statements herein which are not historical facts, such as
estimates of the volume and grade of mineral deposits, future
production levels, exploration results and plans, costs, and prices
are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, and involve a number of
risks and uncertainties that could cause actual results to differ
materially from those projected, anticipated, expected or implied.
These risks and uncertainties include, but are not limited to, metals
price and production volatility, exploration risks and results,
discrepancies between different types of testing methods, some or all
of which may not be industry standard, political risks, permitting
risks, project development risks and ability to raise financing. For a
more detailed discussion of risks and other factors that may impact
these forward-looking statements please refer to the Risk Factors and
other discussion contained in the Company's quarterly and annual
periodic reports on Forms 10-QSB and 10-KSB on file with the SEC. The
Company undertakes no obligation and has no intention of updating
forward-looking statements.

For further information, please visit the company's website at
www.ElCapitanPMi.com.

El Capitan Precious Metals, Inc.
Ken Pavlich, President and C.E.O., 775-201-0168
info@ElCapitanPMi.com
www.ElCapitanPMi.com

Copyright Business Wire 2008