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TMCNet:  Arly Richau Steps Down from Board of Directors to Focus on Corporate Counsel Work for El Capitan Precious Metals

[March 19, 2014]

Arly Richau Steps Down from Board of Directors to Focus on Corporate Counsel Work for El Capitan Precious Metals

SCOTTSDALE, Ariz. --(Business Wire)--

El Capitan Precious Metals, Inc. (OTCBB:ECPN) announced today that the Company has accepted the resignation of Arly Richau from its Board of Directors. Richau, who was instrumental in negotiating and executing the Company's recent contracts with Logistica US Terminals and GlencoreXstrata, will continue to serve as corporate counsel for El Capitan Precious Metals, Inc.

Richau, who was named to the ECPN Board in July of 2012, has been involved in various aspects of legal representation of the El Capitan mining project for the past 18 years, including General Counsel to the Board of Directors of El Capitan Precious Metals, Inc. since its merger with Gold and Minerals Company, Inc. His law career spans three decades and includes positions as Commissioner of Securities for the State of North Dakota and Special Assistant Attorney General for the North Dakota Tax Department.

According to John F. Stapleton, ECPN Board Chairman, Richau had planned to transition from his Board position to a sole focus on legal affairs for the Company several months ago and delayed his decision until a series of significant new contacts were in place and new members named to the Board of Directors. "We value Arly's historical knowledge of the Company as well as his legal expertise in the areas of business transactions, contract negotiations, and civil litigation," said Stapleton, "and he will continue to serve as an important legal advisor to our Board as we move forward toward the sale of the El Capitan property."

Last week, new ECPN COO Keith Brogoitti was named to the Board of Directors and the Company anticipates the announcement of another new Board member later this week.

About El Capitan Precious Metals, Inc.:

El Capitan Precious Metals, Inc. is an exploration stage precious minerals company based in Scottsdale Arizona that is principally engaged in the exploration of precious metals and other minerals. The Company's primary asset is its wholly owned subsidiary El Capitan, Ltd., an Arizona corporation, which holds the 100% equity interest in the El Capitan property located near Capitan, New Mexico. www.elcapitanpmi.com


Forward-Looking Safe Harbor Statement:

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. Forward-looking statements are statements that are not historical facts. Words such as "expect(s)," "feel(s)," "believe(s)," "will," "may," "anticipate(s)" and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements regarding the expected completion, timing and 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 expectations with respect to the engaging in strategic transactions. All of such statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Specifically, there can be no assurance regarding the timing and terms of any transaction involving the Company or its El Capitan property, or that such a transaction will be completed at all. In addition, there can be no assurance that periodic updates to the Company's geological technical reports will support the Company's prior claims regarding the metallurgical value and make-up of the ore on the New Mexico property. Additional risks and uncertainties affecting the Company include, but are not limited to, the possibility that future exploration, development, testing 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 products; fluctuations in world market prices for the Company's products; the Company's ability to obtain and maintain regulatory approvals; the Company's ability to obtain financing for continued operations and/or the commencement of mining activities on satisfactory terms; the Company's ability to enter into and meet all the conditions to consummate 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. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.


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