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Tag Archives: Olympic Gold

Ely Gold Royalties (TSX-V: ELY, OTCQX: ELYGF) Announces Option Agreement, 3.0% NSR on Olympic Gold Project, Nevada

Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold" or the "Company") is pleased to announce that Nevada Select Royalties Inc., a subsidiary of Ely Gold, has entered into an Option to Purchase Agreement (the "Option Agreement") with Great Western Mining Corporation Inc., ("Great Western") a wholly-owned subsidiary of Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) to acquire 48 unpatented lode mineral claims on the Olympic Gold Project (the "Property") located in Mineral County, Nevada. At the conclusion of the Option Agreement, Ely Gold retains a three (3.0%) Net Smelter Returns Royalty on any future production at the Olympic Gold Project.
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