Ely Gold Royalties Focused on Nevada
Trey Wasser, President & CEO talks about the company’s royalty portfolio in the mining industry
Ely Gold Royalties is an emerging royalty company with a portfolio of 33 royalties, three of these are produced.
They’ve been building a portfolio of royalties and properties, mainly in Nevada, over the past three years. In fact, Nevada was named the number one mining jurisdiction in the world. Also, Nevada is the fourth largest gold producer in the world.
“We’re seeing a renaissance in the gold market. The return of some of the traditional investors, as well as a lot of new younger investors interested in gold.” says Trey Wasser
Ely Gold Royalties has really transformed in the last 12 months. From a project generator where they were generating royalties for the portfolio to purchasing royalties on existing producing mines.
Moreover, the company has added six important properties to the portfolio. Three of those are producing royalties.
“Our focus over the next twelve months will be to add more producing royalties while our existing properties will continue to generate royalties as those properties are sold.” says Wasser
More on Ely Gold Royalties
Ely Gold’s royalty portfolio includes; producing royalties, fully permitted mines, mines under construction and development projects that are being permitted for mine construction. They’re currently purchasing third-party royalties to add to its portfolio.
The company is well-positioned with its current portfolio. Ely has over 20 available properties to generate additional operating revenue through option and sale transactions.
For more information on Ely Gold Royalties Inc. (ELY:TSX.V, ELYGF:OTCQB) please fill out the form below.