Source: Business Wire

Press Release: AuraSource : El Capitan Precious Metals Executes Agreement with AuraSource for Sale of 600,000 Metric Tons of Head Ore and Hosts Shareholders at New Mexico Mine Site

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--El Capitan Precious Metals, Inc. (OTCQB: ECPN) announced that it has executed its agreement with AuraSource, Inc. (OTC Markets: ARAO) for the sale of up to 600,000 metric tons of head ore over the next 12 months. This agreement, as previously reported, is renewable for five additional, one-year terms. The revenue to ECPN would be $180 million per year at a cost of approximately $30 per ton for mining and loading. The agreement is contingent upon Right of Way

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Annual Revenue
$100K-5.0M
Employees
1-25
Philip Liu's photo - President & CEO of AuraSource

President & CEO

Philip Liu

CEO Approval Rating

66/100

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