Nevada Archives | Follow The Money Investor Group

Evergold Options the Rockland Gold-Silver Property, Nevada

Evergold Corp. (TSX-V: EVER, OTC: EVGUF, WKN: A2DVQM) (“Evergold” or the “Company”) is pleased to announce that it has signed a Letter Agreement for an option to purchase the Rockland property, including the past-producing Rockland Mine and adjacent exploration claims, located in the Walker Lane geological belt, Nevada, from Enigma Resources LLC (“Enigma”). As reflected in the significant historical intercepts cited below, the property hosts known zones of high-grade and bulk-tonnage style gold-silver mineralization that are open for further expansion and that the Company believes it can grow, and add to, with new discoveries. Completion of the acquisition of the option (the “Transaction”) is subject to receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

Ely Gold Royalties Closes Railroad-Pinion Royalty, Nevada

Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold" or the "Company") is pleased to announce that on December 30, 2020 it closed the purchase of private mineral interests on over 8,000 acres of private fee ground in Elko County, Nevada (the "Mineral Interests").

Ely Gold Royalties (TSXV: ELY, OTCQX: ELYGF) Purchases Railroad-Pinion Royalty, Nevada

Ely Gold Royalties Inc. (TSXV:ELY, OTCQX:ELYGF) (“Ely Gold” or the “Company”) has reached binding agreements with twelve separate individuals to purchase private mineral interests on over 8,000 acres of private fee ground in Elko County, Nevada (the “Mineral Interests”). All of the fee ground and the Mineral Interests are currently leased to Gold Standard Ventures Corp (NYSE AMERICAN: GSV, TSX: GSV) (“GSV”) and cover certain portions of GSV’s Railroad-Pinion Project that is currently being developed as a heap-leach mining operation (the “Leases”). The Leases provide for a combined 1.15% net smelter returns royalty (“NSR”) and annual lease payments of over $150,000. The Mineral Interests and Leases cover large portions of the Dark Star, Pinion and Jasperoid Wash deposits in the South Railroad Complex as well as portions of the POD and Bald Mountain zones in the North Railroad. (see Figure 1). Eleven of the transactions (the “ORTT Transactions”) are expected to close on December 1, 2020 (the “Closing”). One of Transactions (the “OR Transaction”) is subject to the approval of the Toronto Venture Exchange (“TSXV”).

Ely Gold Royalties Purchases Trenton Canyon Royalty, Nevada

Ely Gold Royalties Inc. (TSXV:ELY, OTCQX:ELYGF) (“Ely Gold” or the “Company”) through its wholly owned subsidiary, Nevada Select Royalty, Inc. (“Nevada Select”) has agreed to purchase, a 0.3% net smelter returns royalty (“NSR”) from a private individual (the “Trenton Canyon Royalty”). The Trenton Canyon Royalty covers 52 unpatented mining claims (the “Royalty Claims”) located on the Battle Mountain-Eureka trend, Nevada, which is currently being drilled by SSR Mining (NASDAQ: SSRM, TSX:SSRM) (“SSR”). (see Figure 1). The transaction is subject to the approval of the Toronto Venture Exchange (“TSXV”) and is expected to close on December 1, 2020 (the “Closing”).

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