El Capitan Precious Metals Inc. provided production and earnings guidance for the fiscal year ending September 30, 2015. For the period, the company plans to mine 350,000 to 400,000 metric tons, yielding gross revenues from the sales of its precious metals concentrates of $22 million to $26 million, while continuing to stockpile its iron ore until prices become more favorable.

The company also expects such revenues to yield $4.5 million to $5.3 million of pre-tax profit for fiscal 2015 booked on an accrual basis in accordance with Generally Accepted Accounting Principles (GAAP) with a cumulative positive pre-tax profit expected in the quarter ending June 30.