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Ely Gold Royalties Inc.: Ely Gold Royalties (TSXV: ELY) (OTCQX: ELYGF) Completes Royalty Purchase at Lincoln Hill


Ely Gold Royalties Inc.: Ely Gold Royalties Completes Royalty Purchase at Lincoln Hill
Vancouver, British Columbia (Newsfile Corp. - January 7, 2021) -
Ely Gold Royalties Inc. (
TSXV: ELY) (
Company ) is pleased to announce that it has acquired, from a private family trust ( the
Seller ), 100% of all rights and interests to a one percent (1.00%) net smelter returns royalty (
NSR ) on the Lincoln Hill Property, located in Pershing County, Nevada (the
Lincoln Hill Royalty ), operated by Coeur Mining Inc.
(NYSE: CDE)
Coeur
). The Transaction was first announced by the Company in a press release dated July 21, 2020.
With this transaction, Ely Gold increases its Lincoln Hill Royalty interest to a two percent (2%) NSR. Coeur received Project Record of Decision for the Plan of Operations that includes a new 300-million-ton Stage VI leach pad at the Rochester Mine ....

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