El Capitan Precious Metals, Inc. (OTCBB:ECPN) announced today that the Company has reached an agreement with Logistica US Terminals LLC. The contract, which is the first of several contracts with high-profile mining industry companies, supports the New Mexico mining operation plan announced by the Company several months ago and represents another tactical initiative to support the sale of the El Capitan property.

Under the terms of the Master Service Agreement, Logistica US Terminals, a Texas-based Limited Liability Company and member of LIT Group network, will finance and operate the mining of iron ore at the El Capitan mine and provide ECPN with a turnkey solution that also includes shipment of the iron ore to ports where buyers will take delivery.

"This new contract with Logistica is a significant and pivotal milestone in the 30-year history of the El Capitan property," said John F. Stapleton, Chairman of the ECPN Board of Directors, in a statement released to shareholders today. "In capturing the attention--and contract commitment--of a powerhouse in the mining industry we have taken a huge step forward in delivering on our strategic plan for the sale of the property," he added. Logistica has strategic alliances with U.S. and foreign companies to develop turnkey logistical solutions for international transportation and supply chain management.

ECPN President and CEO Chuck Mottley stressed the fact that, for many years, the "Company's forward motion has been complicated by the presence of iron in the El Capitan ore." He continued: "In turning that challenge into an opportunity we have delivered a contract with a world-class mining and logistics company and have identified buyers for our high-quality iron ore."

Mottley confirmed that the Company will use its minimal impact mining permit. The permit that the Company holds can, within limits, be modified as the iron ore mining plan dictates and reclamation work justifies.

Stapleton reported that the Company's investment banker has been kept abreast of this major development and that the pending sale of iron ore from the El Capitan site will provide revenue that will both fund operations and generate positive cash flow. The Company plans to retain the tailings for future disposition.

In restating the Company's primary objective--the sale of the El Capitan property--Stapleton summarized that today's announcement represents a major turning point for ECPN and "validates the compelling and profitable value proposition the Company's investment banker will take to the marketplace."

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

About Logistica US Terminals LLC:

Logistica US Terminals, LLC is a Texas Limited Liability Company and member of LIT Group network that handles multiple large scale intermodal and multimodal shipping assignments via its logistics and all transloading network in Mexico and USA, infrastructure as rail lines, warehousing, diversified truck fleet, 3PL services, NVOCC services, packing, material handling, loading, unloading services and bonded services. Logistica US has developed strategic alliances with U.S. and foreign companies to develop turnkey logistical solutions for international transportation and supply chain management. www.youtube.com/watch?v=PDE4n9V3J8o

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.

El Capitan Precious Metals, Inc.
Frank Capilla, Investor Relations
480-440-1449