Company Boosts Royalty Percentage & Lease Interest at Nevada Property
News Update Streetwise Reports (2/11/21) This deal takes Ely Gold Royalties' interest in the leased mining claims at Hog Ranch to 75.01% and its royalty there to 2.25%. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE) announced in a news release that through its subsidiary Nevada Select Royalty Inc. it agreed to acquire from Platoro West another 25% interest in the Hog Ranch property in Nevada. This transaction will boost Ely's net smelter returns royalty on Hog Ranch to 2.25% from 1.5% and increase its interest in the 247 mining claims there, currently leased to Rex Mine...