Developing GOLD Assets in
North America

Ely Gold Mourns the Passing of John Brownlie

October 19, 2015

Ely Gold & Minerals Inc. ("Ely Gold" or the "Company"); TSX.V: ELY) is deeply saddened to report the passing of John Brownlie. John died suddenly on October 17 after suffering a heart attack. John was 66 years old and he has guided the Company since 2010 as Executive Chairman.

John was an icon in the mining business whose career spanned nearly 30 years as a mining engineer. John was responsible for the design, construction and operation of mining projects all over the world. The entire mining industry has suffered a great loss.

"John was not only my business partner but, also my best friend. He was a driving force in the development of Ely Gold's projects in Nevada", stated President & CEO Trey Wasser. "Our heartfelt condolences go out to John's family and loved ones. There is simply no way to describe this tragic loss".

About Ely Gold

Ely Gold is focused on the acquisition and development of gold resources in North America. The Company is currently focused on its Green Springs Project, located in White Pine County, Nevada. Ely Gold is traded on the TSX Venture Exchange ("ELY"). Additional information about Ely Gold is available online at www.elygoldandminerals.com

On Behalf of the Board of Directors

Signed "Trey Wasser"

Trey Wasser, President & CEO

For further information, please contact Ely Gold & Minerals Inc. at 604-488-1104.

E-mail: [email protected]; Website: www.elygoldandminerals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.