Ely Gold Royalties Inc. announced that on December 30, 2020 it closed the purchase of private mineral interests on over 8,000 acres of private fee ground in Elko County, Nevada. All the fee ground and the Mineral Interests are currently leased to Gold Standard Ventures Corp. (GSV) and cover certain portions of GSV's Railroad-Pinion Project currently being developed as a heap-leach mining operation (the lease). The lease provides for a combined 0.436% net smelter returns royalty and annual lease payments of USD 79,800. The Mineral Interests and Leases cover large portions of the Pinion, Dark Star, Jasperoid Wash deposits in the South Railroad Complex as well as portions of the POD and Bald Mountain zones in the North Railroad.