Ely Gold Completes The Consolidation Of Tonopah Mining Claims

Ely Gold & Minerals Inc. (TSXV:ELY) (OTC Pink: ELYGF) (“Ely Gold” or the “Company”) and its wholly owned subsidiary, Nevada Select Royalty, Inc. (“Nevada Select”) has closed the transaction with Eastfield Resources Ltd (TSXV: ETF) (“Eastfield”) whereby Ely Gold has acquired an interest in the 18 patented mining claims, located in Esmeralda and Nye Counties, Nevada. (the “Tonopah-Hughes Claims”). The terms of the Transaction were announced in a press release dated May 26, 2017.
As quoted in the press release:
Trey Wasser, President and CEO of Ely Gold stated “The consolidation of these patented claims with our unpatented claims creates another valuable project in an important historic mining district in Nevada”
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Source: elygoldinc.com