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Colorado Resources terminates deal to acquire Ely Gold's Green Springs property

Colorado Resources Ltd. said May 10 that it terminated a 2016 deal with Ely Gold Royalties Inc. to acquire a 100% interest in the Green Springs gold property in Nevada.

The deal termination is part of the miner's strategy to focus on its properties in British Columbia, which include the KSP, North ROK, Kingpin and Kinaskan-Castle projects.