El Capitan Precious Metals Inc. announced 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 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.