G O L D€¦ · ELY GOLD- BUSINESS MODEL FOR SUCCESS EXPLORATION COMPANY Proven track record for exploring and developing properties. Project 100% ELY GOLD & MINERALS INC Nevada Select

TSX-V: ELY OTC: ELYGF DEVELOPING GOLD ASSETS IN NORTH AMERICA

C o r p o r a t e P r e s e n t a t i o n

September 2016

TSX-V: ELY OTC: ELYGF elygoldinc.com

DEVELOPING GOLD ASSETS IN NORTH AMERICA

G O L D


FORWARD LOOKING STATEMENTS

This presentation contains statements concerning Ely Gold and Mineral’s acquisition, development, and

marketing of North American precious metal resource properties and the Company’s intent to sell or option

portfolio properties, while reserving any royalties. Such forward-looking statements or information are based

on a number of assumptions, which may prove to be incorrect.

Although Ely Gold and Minerals’ believes that the expectations reflected in such forward-looking statements or

information are reasonable, undue reliance should not be placed on forward-looking statements because the

Company can give no assurance that such expectations will prove to be correct. Forward-looking statements

or information are based on current expectations, estimates and projections that involve a number of risks and

uncertainties which could cause actual results to differ materially from those anticipated by the Company and

described in the forward-looking statements or information. These risks and uncertainties include, but are not

limited to, risks associated with geological, geometrical and geophysical interpretation and analysis, the ability

of the Company to obtain financing, equipment, supplies and qualified personnel necessary to carry on

exploration, exploitation or acquisition of properties and the general risks and uncertainties involved in mineral

exploration and analysis.

The forward-looking statements or information contained in this presentation are made as of the date hereof

and the Company undertakes no obligation to update publicly or revise any forward-looking statements or

information, whether as a result of new information, future events or otherwise, unless so required by

applicable securities laws.

2


MANAGEMENT & DIRECTORS

SENIOR MANAGEMENT

Trey Wasser

President & CEO, Director

• Over 40 years of brokerage and venture capital experience, with 20 years as a corporate finance specialist with Merrill Lynch,

Kidder Peabody and Paine Webber

• Currently President and a Director of Research for Pilot Point Partners

• Founder of Due Diligence Tours organizing analyst tours to hundreds of mining projects in North America

Jerry Baughman, BSc, PGeo

President,

Nevada Select Royalties, Inc.

• Over 30 years experience in mineral exploration in USA, Mexico and South America

• Nevada evaluating gold and silver properties in North and South America, leasing a number of properties to senior and junior mining companies

• Former geologist and management positions with Southwestern Gold, Cambior (USA), Gryphon Gold, Fronteer Gold

Scott Kelly

CFO & Corporate Secretary

• Former VP Finance of Pediment Gold Corp

• Has held senior and consultant positions with publicly traded natural resource companies since 2004

• Currently also CFO of Sonoro Metals Corp and Marlin Gold

DIRECTORS

Tom Wharton • Over 30 years experience with start-up, development and financing of early stage mining companies.

• Director of Angel Gold, DV Resources and Dolly Varden Silver

Stephen Kenwood, BSc, PGeo

Director & Qualified Person

• Over 25 years experience in global mining sector

• Former geologist with Cominco, Eskay Creek and the Petaquilla.

• Currently President and a director of Majestic Gold Corp., President and a director of Remo Resource Corp.,

Ron K. Husband, MBA • Over 20 years experience in global mining sector

• Currently Director of Sonoro Metals Corp

Marco Antonia Galindo

• Over 20 years experience in metallurgy process design, development, mining operations and management.

• GM of Capital Gold's Mexican operations and Senior Process Engineer/Assistant General Manager of Alamos Gold

• Currently Director of Operations for GoGold Resources..

Depth of experience in capital markets, mining, finance

Successful value & option generation – over 100 property acquisitions subsequently leased or sold

Proven track record for enhancing projects via claim consolidation, data compilation and permitting with federal agencies

Low corporate overhead & burn rate

Team Ely Gold - Lean & Mean

3


ELY GOLD- BUSINESS MODEL FOR SUCCESS

EXPLORATION COMPANY Proven track record for exploring and developing

properties.

100%

ELY GOLD & MINERALS INC

Green Springs

Project Nevada Select

Royalty, Inc.

100%

ROYALTY GENERATOR Lease/option portfolio generating cash flow

with retained royalties and building an equity

portfolio in quality junior companies

PROJECT DEVELOPER Over 20 quality properties developed through

staking, purchasing and consolidating NEW drill

ready properties

ROYALTY COMPANY Growing royalty portfolio with excellent operators.

Purchasing existing royalties

4

DEVELOPING GOLD ASSETS

IN NORTH AMERICA


BUILDING VALUE AND FUNDABLE PROJECTS

CREATING

DRILL READY

PROJECTS

Acquire properties (100%) through staking,

option or purchase

Consolidate patented claims, unpatented

claims & private ground

Evaluate & Negate development issues

• Water rights

• Begin permitting process

• Cultural, wildlife & wilderness

Acquire & compile available data, digitize

historic data and create data room

Begin baseline studies, soil sampling &

permitting process

The best

underexplored

properties have

property issues

The best exploration

companies want “drill

ready” projects

Permitting timelines

have increased and

can delay exploration

5



A FUNDABLE

OPTION

MODEL

No Joint Ventures Properties are leased/optioned to allow

for 100% ownership providing recurring

cash flow streams

Little or no work commitments

Option/royalty terms include work status

reporting and claim abandonment

Royalty burdens are limited

to total 3% NSR and include advance

royalty payments

Royalty terms similar to major royalty

companies

Attracting

better

exploration

companies

and allowing

for future

partnerships

6



MINA GOLD A

CONSOLIDATION

STORY

January 2016- Purchased 4 claims.

Cost $0 & .5% royalty to seller

April 2016- Traded for 4 patented claims

Cost- $1,200 in legal costs and claim fees

March 2016- Staked 4 unpatented claims

Cost- $1,000 in staking and claim fees Sold to

Gold Resource

for $1MM

cash/stock

Retained a 2-

3% net smelter

returns royalty August 2016- Purchased existing 2% royalty on

the key patented Claims

Cost- $18,750

April 2016- Staked 35 unpatented claims

Cost- $8,000 in staking and claim fees

June 2016- Organized historic data room

Cost- $1,000

7


ELY GOLD- GENERATING NEW PROJECTS

Purchased Nevada Eagle assets in May

2016. Current portfolio of over 20 US

Properties located in highly prospective

gold trends throughout Nevada.

Management team with proven track record

and working with an extensive list of mid-tier

and high quality junior exploration

companies

Consolidating large property packages that

have not seen exploration in the current

mining cycles enhancing projects via

data compilation and permitting

NEVADA

SELECT

ROYALTIES, INC.

(NSR)

100%


Green Springs

Project

100%

8


IN NORTH AMERICA

Nevada Select

Royalty, Inc.


NEVADA SELECT PROPERTY PORTFOLIO

6 Focus Properties

7 Development Properties

7 Optioned Properties

20 CURRENT

PROPERTIES

Historic Resources

and significant data

packages & property

consolidation

Generating Cash Flow

from lease/option or

advanced royalty

payments

Consolidating

property packages,

acquiring data &

permitting

9



6 Focus Properties

7 Optioned Properties

7 Development Properties

Project Interest County Metals Existing Royalty

NEVADA PROPERTIES

Bald Peak 100% Mineral Au, Ag None

Gold Bar 100% Eureka Au, Ag None

Gold Canyon 100% Eureka Au, Ag None

Horse Mountain 100% Lander Au, Ag None

Redlich Gold 100% Esmeralda Au, Ag None

Weepah 100% Esmeralda Au, Ag None

Morgan Pass 100% Elko Au, Ag 2.00%

St. Elmo 50% Elko Au, Ag 1.50%

Tuscarora 50% Elko Au, Ag 1.00%+

Hurricane 100% Lander Au, Ag 3.00%

Troy 100% Nye Au, Ag 2.00%+

Castle West 100% Esmeralda Au, Ag 2.00%+

Cimarron 100% Nye Au, Ag None

Gold Rock Ext. 100% White Pine Au, Ag .5%

Gutsy 100% Elko Au, Ag None

Newman Ridge 100% Mineral Au, Ag None

Copper Oxide 100% Mineral Au, Cu None

OTHER US PROPERTIES

El Campo 100% California Moly None

Golden Ridge 100% California Au,Ag 1.50%

Hackberry North 100% Arizona Ag,Au None

Argus 100% California Au,Ag None

Racey 100% Oregon Au, Ag 2.00%

10

LEGEND

Exploration Properties

Focus Properties

Optioned

Royalties

Development


FOCUS PROPERTIES

GOLD CANYON Eureka County, NV

Located in Cortez trend

Surrounded by McEwen Mining

No existing royalty

Large data room

REDLICH Esmeralda County, NV

Located in the Walker Lane

Over 39,000 ft of RC drilling

Large data room

No existing royalty

WEEPAH Esmeralda County, NV


Historic resource

NI 43-101 updated March 2016

No existing royalty

ELY GOLD PROPERTY PORTFOLIO

11

GOLD BAR Eureka County, NV

Located in Cortez Trend

Large data room

No existing royalty

Historic Resource

LEGEND


Focus Properties

Optioned

Royalties

Development


FOCUS & DEVELOPMENT

PROPERTIES

HACKBERRY

NORTH Mohave County, AZ


Large data room

No existing royalty

Historic silver district

HORSE MOUNTAIN Lander County, NV

Located in the Cortez Trend

Surrounded by Barrick

No existing royalty

Large Data Room


GOLD ROCK

EXTENSION White Pine County, NV

Located in the Cortez Trend

Surrounded by GRP Mining

Historic drilling

.5% existing royalty

12

BALD PEAK Eureka County, NV


No existing royalty

Never drilled or tested

LEGEND


Focus Properties

Optioned

Royalties

Development


MORGAN PASS Elko County, NV

Optioned to Wright Parks

2% Net Smelter Royalty

$3,000,000 buy-out price

$10,000 advanced royalty payment

2 mile Area of Interest

HURRICANE Lander County, NV

Leased to Alan Carter


No buy-out price


2 mile Area of Interest (Barrick)

CASTLE WEST Esmeralda County, NV

Leased to Golden Predator

2-3% Net Smelter Royalty

No buy-out price


No Area of Interest


TROY Nye County, NV

Optioned to Brocade Metals



$100,000 buy-out price


PROPERTIES OPTIONED CASH FLOW & RETAINED ROYATIES

13

LEGEND


Focus Properties

Optioned

Royalties

Development


RACEY Malheur county, OR

Optioned to Aurion Resources


$3,000,000 buy-out price

$50,000 lease payment

.5 mile Area of Interest

TUSCARORA Elko County, NV

Optioned to Novo Resources



$37,500 buy-out price

.5 mile Area of Interest


PROPERTIES OPTIONED CASH FLOW & RETAINED ROYATIES

ST ELMO Elko County, NV

Optioned to Brocade Metals

1.5% Net Smelter Royalty

$100,000 buy out price



14

LEGEND


Focus Properties

Optioned

Royalties

Development


MINA GOLD Mineral County, NV

Sold 100% to Gold Resources



$850,000 GORO shares


CHARLIE CREEK Lander County, NV

Sold to Greencastle Ltd (12/14)


No advanced royalty payments


MT HAMILTON White Pine Cty, NV

Sold to Waterton Global (8/15)

Fully permitted for mine construction

$30,000,000 (Ely Gold- 20%, US$6M)

JV partner returned 15.4M Ely shares

No royalty


15

PROPERTIES SOLD WITH RETAINED ROYATIES

LEGEND


Focus Properties

Optioned

Royalties

Development



ROYALTY PORTFOLIO

MINA GOLD Mineral County, NV

Operated by Gold Resources



CHARLIE CREEK Lander County, NV

Operated by Greencastle Ltd



Bolo/Wood Nye County, NV

Operated by Columbus Gold

.5-3% Gross Production Royalty

No Area of Interest

Uduk Lake British Columbia

Green Springs White Pine County, NV

Atlanta Lincoln County, NV

Operated by Ely Gold

.5% Net Smelter Royalty

No Area of Interest

Operated by Canarc Resources


No Area of Interest

Operated by Meadow Bay Resources


No Area of Interest

16

LEGEND


Focus Properties

Optioned

Royalties

Development


EXPLORING KEY NEVADA PROPERTIES - GREEN SPRINGS

Historic

Former

Producer

U.S. Minerals Exploration Co.

Heap leach mined from 1989-1990

1.1MM tons @ 2.1 gpt (.70 cutoff)

Near-surface Chainman Shale

Gold recoveries +90%

Three un-mined mineralized zones

Chainman un-tested between zones

Mineralized Pilot Shale un-tested

17



Located Near

Development

GRP Mining (formerly Midway) Pan Mine- on care & maintenance

GRP Mining Gold Rock- in permitting

Waterton Global Mt. Hamilton- for sale?

Pilot Gold Griffon- optioned to Logan Resources

18



Geology

Strong gold-bearing hydrothermal system

Favorable host rock- Chainman Shale

Mineralized & oxidized Pilot Shale

Ore controlling faults across the property

Several high grade ore shoots (1/2 ounce)

Strong geochemical anomalies

19



Property

Consolidation

January 2013-

Acquired 100% (lease/option) of 2

key interior claims & all USMX data

February 2013-

Acquired 100% of 76 claims and

geochemical and geophysical data

February 2014-

Acquired 100% of 113 surrounding

claims & all Eurasian Minerals data

20

February 2015-

Completed EA and Plan of Operations

(USFS) & initial drill program (November)



21

2015 DRILL PROGRAM


ELY GOLD- GENERATING GROWTH & CASH FLOW

100% owned Nevada property portfolio to

be optioned & explored

MULTI- LEVEL

PLATFORM

100%


Green Springs

Project Nevada Select

Royalties, Inc.

100%

Existing lease/option portfolio generating

cash flow with retained royalties

Existing royalty portfolio with excellent

operators

Continually staking & purchasing additional

properties and royalties

Exploration & development of key

properties by Ely Gold

22


IN NORTH AMERICA


CORPORATE OVERVIEW

1 Year Stock Performance 52 Wk Hi-Lo $0.25 - $0.045

23

MARKET VALUE Ticker TSX-V:ELY

OTC-ELYGF

Common Shares O/S (09/09/16) 74.6M

Total Shares F/D (09/09/16) 87.6M

Stock Price (09/0916) C$0.23

Market Cap (09/09/16) C$20.0M

3 Month Avg Trading Volume 1.5M

Unrestricted Cash (09/09/16) C$4.9M

Investments (gold equities) C$1.2M

Total Debt (09/09/16) C$525K


COMPANY FOCUS MODEL CASH (& SECURITIES)

ENTERPRISE VALUE

(Net of Cash)

Millrock Resources Alaska/BC/Mexico Joint Venture $4,000,000 $21,000,000

Renaissance Gold Nevada/US Joint Venture $800,000 $18,000,000

Strategic Metals Yukon JV/Royalty/Equity $48,000,000 $21,000,000

Ely Gold Nevada/US Royalty/Equity $4,700,000 $14,000,000

COMPANY COMPARISONS

24


ELY GOLD- A BETTER BUSINESS MODEL

A ROYALTY GENERATOR ALSO RETAINING EQUITY INTERESTS

UNDER

VALUED TO

OUR PEERS

THE UPSIDE

Royalty Company

Market Premium

Growing Equity

Portfolio & Cash

Flow

Exploration

Blue-Sky

25

A PROJECT DEVELOPER WITH A BETTER MODEL

AN EXPLORATION COMPANY SEEING EXCELLENT DEAL FLOW

A ROYALTY COMPANY WITH CASH FLOW


Ely Gold & Minerals Inc.

459 - 409 Granville Street

Vancouver, B.C. V6C 1T2

T: 1-604-488-1104

W: elygoldinc.com

Contact:

Trey Wasser, President & CEO

[email protected]

Joanne Jobin, Investor Relations Officer

[email protected]

Property inquiries:

Jerry Baughman, President

Nevada Select Royalties, Inc

[email protected]

G O L D

DEVELOPING GOLD ASSETS IN NORTH AMERICA

Documents

G O L D€¦ · ELY GOLD- BUSINESS MODEL FOR SUCCESS EXPLORATION COMPANY Proven track record for exploring and developing properties. Project 100% ELY GOLD & MINERALS INC Nevada Select