Date: June 17, 2020
Ely Gold Royalties is a premier junior gold royalty company. Its current portfolio includes royalties at some of Nevada’s largest gold mines. These include Jerritt Canyon, Goldstrike and Marigold, as well as the Fenelon property in Quebec operated by Wallbridge Mining.
Ely Gold’s key assets include several advanced projects that are scheduled for production by 2023. Further, the Company continues to actively seek opportunities to purchase producing or near-term producing royalties. Ely Gold is also generating development assets, through property sales, on projects that are located at or near producing mines and exploration assets with active drill programs.
Ely Gold's strategy is to grow Ely Gold using its Royalty Generation Model. They generate near-term revenue through property sales, and generate long-term revenue through life-of-mine royalties. This strategy allows them to bypass the risk and expense of exploration or production while keeping overhead low.
Management believes that due to the Company’s ability to identify and purchase third-party royalties, its successful strategy of organically creating royalties, its gold focus and its commitment to only the most stable mining jurisdictions, Ely Gold offers shareholders low-risk leverage to gold prices and low-cost access to long-term gold royalties.
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