Eagle Plains Resources Ltd fka EPL

[btrain]

Nov. 1, 2011 - NEWS Gold Royalties Corporation Acquires Blende Royalty

CALGARY, ALBERTA, Nov 1, 2011 (Marketwire via COMTEX) -- Gold Royalties
Corporation (the "Company") is pleased to announce that it has acquired a 2% NSR
royalty on the Blende Silver-Zinc-Lead project located in Yukon, Canada. The
royalty was purchased from Eagle Plains Resources Ltd., effective October 31,
2011, for cash consideration.

"We believe that Blende's future benefits from both the increase in regional
mining activity and the recent step-change in silver prices. As a potentially
large silver and base metals project in a secure jurisdiction, we are excited to
participate in Blende as a royalty holder with the carried benefit of future
work by the operator," commented Ryan Kalt, Chief Executive Officer of the
Company.

Blende is a carbonate-hosted deposit located approximately 65 km NE of Keno in
central Yukon Territory.

About Gold Royalties Corporation

Based in Calgary, Alberta, Gold Royalties Corporation is a privately-held
royalty company that acquires and manages metals royalties with focus on net
smelter returns and metal streams. For more information, please visit
www.GoldRoyalties.ca.

SOURCE: Gold Royalties Corporation



CONTACT: Gold Royalties Corporation

Media Relations

403-410-3815

[e-mail]