OTCQX:ELYGF - Post by User
Post by
schoolofrockon Oct 14, 2020 9:57am
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Post# 31713286
Ely Gold agrees to purchase Trenton Canyon royalty
Ely Gold agrees to purchase Trenton Canyon royaltyEly Gold Royalties, through its wholly owned subsidiary Nevada Select Royalty, agreed to purchase a 0.3% net smelter returns royalty from a private individual. The Trenton Canyon royalty covers 52 unpatented mining claims located on the Battle Mountain-Eureka Trend in Nevada, which is included in a drilling program by SSR Mining (NASDAQ, SSRM, Not Rated). In a May 14th update, SSR indicated that exploration drilling on the Trenton Canyon property yielded high-grade gold results from newly discovered sulphide mineralization, while confirmation drilling for oxide mineralization also yielded gold intercepts. Terms of the transaction at
https://www.channelchek.com/news-channel/Ely_Gold_Royalties__ELYGF__ELY_CA____Deliberate_Addition_to_ELY_s_Growing_Nevada_Royalty_Portfolio