{"id":10569,"date":"2019-08-01T15:34:00","date_gmt":"2019-08-01T19:34:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=10569"},"modified":"2026-09-28T07:13:49","modified_gmt":"2026-09-28T11:13:49","slug":"nia-top-gold-royalty-play-ely-gold-royalties-tsxv-ely","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/nia-top-gold-royalty-play-ely-gold-royalties-tsxv-ely\/","title":{"rendered":"NIA’s #1 Gold Royalty Play: Ely Gold Royalties (TSXV: ELY)"},"content":{"rendered":"\n

NIA is excited to announce Ely Gold Royalties (TSXV: ELY)<\/strong> as its #1 Gold Royalty Stock Suggestion<\/span><\/strong>! NIA considers ELY<\/strong> to have the #1 strongest and most diversified portfolio<\/span> of gold<\/span>\/silver<\/span> royalties in all of Nevada<\/strong> with countless HUGE catalysts<\/strong><\/span> set to occur in the near-future! ELY<\/strong> only has 98.72 million shares outstanding<\/strong> for an extremely low<\/span> market cap<\/strong> at $0.30 per share<\/strong> of CAD$29.62 million<\/strong> or USD$22.39 million<\/strong>! ELY<\/strong> has a strong<\/span> balance sheet<\/strong> with CAD$2.059 million in cash<\/strong><\/span> and $855,000 worth of stock<\/strong><\/span> in other publicly traded <\/b>gold companies<\/b><\/span> and is completely debt free<\/span><\/strong>! ELY’s current enterprise value<\/strong> is only<\/span> CAD$26.71 million<\/strong> or USD$20.19 million<\/strong>!<\/span><\/span><\/p>\n\n

ELY<\/strong> recently acquired a 0.75% Gross Receipts Royalty<\/strong><\/span> in Gold Resource Corp (GORO)’s Isabella Mine<\/strong> located in south-central Nevada’s Walker Lane Mineral Belt in Mineral County, Nevada. GORO has just reported its first commercial production<\/span> from the Isabella Mine in 2Q 2019!<\/strong><\/em> The Isabella Mine<\/strong> contains a proven\/probable 192,600 oz of gold grading 2.22 g\/t<\/strong><\/span>. GORO<\/strong> is targeting gold production<\/strong><\/span> from the Isabella Mine<\/strong> of 153,047 oz<\/strong><\/span> over the next four years, including 29,000 oz<\/strong><\/span> within the first 12 months of production, which will generate significant revenue<\/strong><\/span> for ELY<\/strong>!<\/span><\/span><\/p>\n\n

GORO<\/strong> is currently working to expand<\/strong><\/em><\/span> its Isabella gold reserve<\/strong> to extend the life of the mine<\/strong><\/span> and is also launching exploration outside<\/strong><\/em><\/span> of the Isabella reserve area<\/strong> in the Scarlet<\/strong> and Civit Cat North West targets<\/strong>, where ELY<\/strong> holds a 2.5% Net Smelter Royalty<\/strong><\/span>!<\/span><\/span><\/p>\n\n

In 2016, GORO<\/strong> acquired<\/strong><\/em><\/span> from ELY<\/strong> a 100% interest in the Mina Gold property<\/strong>, located in Mineral County, Nevada approximately 15 miles northeast of its Isabella Mine<\/strong>, for USD$1 million<\/strong><\/span> and ELY retained a 2.5% Net Smelter Royalty<\/span><\/strong> in the project! Last year, GORO<\/strong> conducted Phase 2 drilling<\/strong> at Mina<\/strong> and intersected high grade<\/span> gold<\/span><\/strong> including 15.24 meters of 3.34 grams per tonne gold<\/strong><\/span> starting just six meters downhole, underscoring Mina’s potential. We believe GORO is likely to develop<\/span> the Mina Gold project in the future. It has potential to become a major gold producer<\/span>!<\/strong><\/em><\/span><\/span><\/p>\n\n

GORO<\/strong> last year paid ELY<\/strong> $300,000<\/strong><\/span> to acquire the County Line gold property<\/strong> located in Mineral and Nye Counties, Nevada located approximately 14 miles northeast of GORO’s Isabella Mine<\/strong>. The County Line open pit<\/strong> historically produced<\/span> approximately 81,000 ounces of gold<\/span><\/strong> and 760,000 ounces silver<\/strong><\/span>. ELY has retained a 2.5% Net Smelter Royalty<\/span> in this project!<\/strong><\/em><\/span><\/span><\/p>\n\n

GORO is a USD$233 million market cap company<\/span> trading on the NASDAQ American exchange and ELY is perfectly positioned<\/span> with large royalties<\/span> in just about all of its major Nevada gold projects<\/span>!<\/b><\/em><\/span><\/span><\/p>\n\n

ELY<\/strong> owns a 0.50% royalty<\/strong><\/span> in the main resource area<\/strong><\/span> of the Gold Rock Project<\/strong> owned by NIA’s #1 overall stock suggestion for 2019<\/span> Fiore Gold (TSXV: F)<\/strong>. Gold Rock<\/strong> contains 238,700 oz of indicated gold<\/strong><\/span> plus 180,900 oz of inferred gold<\/strong><\/span> and Fiore<\/strong> is currently conducting a major<\/span> Gold Rock drilling campaign<\/span><\/strong> that is expected to significantly grow<\/strong><\/em><\/span> their Gold Rock gold resource<\/span><\/strong> while upgrading<\/strong><\/em><\/span> inferred gold<\/strong><\/span> into higher<\/span> resource categories<\/strong>! Fiore’s adjacent<\/span> Pan Gold Mine<\/span> has become the most successful newly producing<\/span> Nevada gold mine<\/span> of the past few years with record<\/span> gold production<\/span> reached during the past two straight quarters<\/span>! Gold Rock is expected to have 60% higher<\/span> gold grades<\/span> than the Pan Gold Mine! <\/strong><\/em>In December, Fiore<\/strong> will release its Preliminary Economic Assessment (PEA)<\/strong> for Gold Rock<\/strong> and NIA believes it will cause Fiore Gold<\/strong> to begin developing<\/strong><\/em><\/span> the mine to bring it into production<\/span> by 2022<\/strong> (it is already fully permitted)!<\/span><\/span><\/p>\n\n

In November, ELY<\/strong> transferred to<\/strong><\/em><\/span> Fiore<\/strong> a 100% interest<\/strong><\/span> in the 42 unpatented mining claims<\/strong> known as the Gold Rock Extension Claims<\/strong>. ELY<\/strong> acquired<\/strong><\/em><\/span> 20 of these claims in September 2018 and 22 in September 2016. ELY<\/strong> has retained a 1.5% royalty<\/strong><\/span> in the 2018 claims<\/strong> and a 2% royalty<\/strong><\/span> in the 2016 claims!<\/strong><\/span><\/span><\/p>\n\n

We have only discussed a small sampling<\/span> of ELY’s Nevada gold royalties<\/span> in this alert. We are giving ELY an extremely high<\/span> confidence rating<\/span> of 95<\/span> out of 100<\/span> making it our #3 favorite<\/span> overall stock suggestion<\/span>!<\/strong><\/em><\/span><\/span><\/p>\n\n

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from ELY of USD$30,000 cash for a six-month marketing contract. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.<\/i><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

NIA is excited to announce Ely Gold Royalties (TSXV: ELY) as its #1 Gold Royalty Stock Suggestion! NIA considers ELY to have the #1 strongest and most diversified portfolio of gold\/silver royalties in all of Nevada with countless HUGE catalysts set to occur in the near-future! ELY only has 98.72 million shares outstanding for an […]<\/p>\n","protected":false},"author":1,"featured_media":10570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[385,319,9,387],"class_list":["post-10569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-ely","tag-f","tag-gold","tag-goro"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=10569"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10569\/revisions"}],"predecessor-version":[{"id":10571,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10569\/revisions\/10571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/10570"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=10569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=10569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=10569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}