Delayed Release

June 4, 2009

For Further Information Contact:

Charles C. Mottley, President and C.E.O

info@ElCapitanpmi.com or (303) 472-3298

http://www.elcapitanpmi.com/ 

El Capitan Precious Metals, Inc. Reports  

Scottsdale, AZ - El Capitan Precious Metals, Inc. (OTC/BB:ECPN) reports

El Capitan Discusses Strategy and Objectives

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- El Capitan Precious Metals, Inc. (OTCBB: ECPN) reports: Over the last few weeks, El Capitan Precious Metals has reorganized its Board of Directors, appointing Chairman John F. Stapleton, Secretary James G. Ricketts and Director Charles C. Mottley, along with its new management team, CEO & President Charles C. Mottley and CFO Steven Antol. Every member of the new team is a significant, long-term shareholder in ECPN with a commitment to building value in El Capitan for all shareholders. All shareholders have seen their investment seriously devalued, and the new management team has undertaken the task to restore value for all shareholders.

With a clear understanding of its goal, the new team has developed a strategy and a plan to start the process of restoring shareholder value. The ECPN board has met with its partner in the El Capitan Project, the Gold and Minerals Board, to organize a strategy and plan to accomplish that objective. The ECPN team is committed to raising the necessary funds to complete the following outlined collaborative plan:

���� - Remain current with all ECPN filings to continue trading on the OTCBB.����� 

���� - Reduce operating overhead by moving ECPN's office to complimentary office space in Scottsdale, Ariz.����� 

�����- Eliminate the current $45,000 a month ECPN officer salaries with voluntary shareholder 

�������participation in these positions with guidance from a select shareholder advisory board.����� 

�����- Consult with mining industry experts and enter into a plan to establish the true value of 

�������all ECPN assets while remaining open to development of any opportunities that may present themselves.����� 

Through this orderly approach, the Company also expects to establish an independent valuation of the El Capitan property. We expect this effort to take another 9-12 months, as the work has already been initiated. Together, we will work toward identifying the value for all shareholders that we as a company continue to believe in.

You can expect to see more details and timing of this plan with progress reports in the months ahead as we accomplish these steps.

Forward-Looking StatementsStatements 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", involving 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. To date, we have not established any precious metal reserves, and our ability to do so is dependent on the future success of our efforts to demonstrate the economic viability of all facets of our property.  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 http://www.elcapitanpmi.com/ .