Developing GOLD Assets in
North America

Ely Gold to Attend Precious Metals Summit

September 8, 2016

Vancouver, British Columbia, September 8, 2016 - Ely Gold & Minerals Inc. (“Ely Gold” or the “Company”) (TSX-V: ELY, OTC: ELYGF) is pleased to announce that it will be attending the Precious Metals Summit at Beaver Creek Colorado, September 14-16, 2016. Mr. Trey Wasser, President and CEO will be presenting on Wednesday, September 14, 2016 at 1:30 pm (MT). The presentation will be webcast as available on the Company’s website.

About Ely Gold

Ely Gold is focused on developing recurring cash flow streams through the acquisition, consolidation, enhancement, and resale of highly prospective, un-encumbered North American precious metals properties. Ely’s property development efforts maximize each property’s potential for acquisition, while reserving significant royalty interests. Additional information about Ely Gold is available at the Company’s website, at www.elygoldinc.com

On Behalf of the Board of Directors

Trey Wasser, President & CEO

For further information, please contact:

[email protected]

972-803-3087

[email protected]

647 964 0292

Forward-Looking Statements

This news release 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 news release 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.