Ely Gold Royalties Inc. through its wholly owned subsidiary, Nevada Select Royalty, Inc is pleased to announce that it has entered into a definitive option agreement with Coeur Explorations, Inc., a wholly owned subsidiary of
Coeur Mining Inc., whereby Coeur has the option to acquire a 100% interest in the Tonopah West Project, located in Esmeralda and Nye County, Nevada . The total Option consideration is US$900,000
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