Claims On Hercules Gold Property Sold

VANCOUVER - Ely Gold Royalties Inc. reported that through its wholly-owned subsidiary, Nevada Select Royalty Inc, it has completed a Sale Agreement with Northern Vertex Mining Corp ("Northern Vertex" formerly Eclipse Gold Mining Corporation) whereby Northern Vertex has purchased one lode mining claim (the "J & M Claim") within their Hercules Gold Property located in the Walker Lane Trend, Nevada. Ely Gold had previously purchased the J & M Claim from a third party  and sold it to Northern Vertex for the same amount with Ely Gold retaining a 2.00% Net Smelter Royalty (NSR).