Lydian International, a gold-focused mineral exploration and development company, today announced results from resource conversion and step-out drilling at its Amulsar gold project in Armenia. Amulsar is a feasibility level (see press release 7th of September 2012) high-sulfidation style, heap-leach gold project with reported CIM compliant reserves and resources as indicated in Table 1 below.
TORONTO, ONTARIO -- (Marketwire) -- 09/07/12 -- Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to report that it has filed its NI 43-101 Heap Leach Feasibility Study (FS) for its Amulsar Gold Project in Armenia.
Results from this Feasibility Study were previously announced on September 5, 2012. The key outcomes highlighted an NPV [...]
Lydian, a gold-focused mineral exploration and development company, is pleased to report the results from its resource update and feasibility study at its Amulsar gold project in Armenia. All figures are in US Dollars unless otherwise stated. Highlights of the Feasibility Study (base case using $1,200/oz gold)
TORONTO, ONTARIO -- (Marketwire) -- 08/22/12 -- Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announces that it is issuing this news release to supplement the information contained in its news release dated August 21, 2012, which inadvertently did not (i) name Peter Mullens, BSc (Geology), FAusIMM, as the qualified person, as defined by [...]
Lydian, a gold-focused mineral exploration and development company, today announced initial results from mostly step-out and exploration drilling at its Amulsar gold project in Armenia. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant resource of 68.2 Mt at 1.0 g/t Au (2.1 million ounces) in Indicated Category and 36.1 Mt at 0.9 g/t Au (1.1 million ounces) in Inferred Category.
TORONTO, ONTARIO -- (Marketwire) -- 08/07/12 -- Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, announced that on the 31st July, 2012 it has received Environmental Impact Assessment (EIA) approval for open-pit mining and location of the waste dump facility at Amulsar.
Lydian Geoteam CJSC, has signed a partnership agreement with Oxfam Armenia and it's local partner "Support to Communities" (STC) to implement a health care program aimed at enhancing the health services available in the communities of Saravan, Gndevaz and Gorayk which surround the Company's Amulsar gold project. This health care initiative will help socially vulnerable people including children, women and the elderly and [...]
Lydian is pleased to announce that it has commenced its 2012 drilling program at its Amulsar gold project in Armenia. The Company is planning to complete at least 25,000 meters of combined diamond and reverse circulation drilling in 2012. The 2012 drilling program is designed to delineate new mineralisation to extend the current resource shell both laterally and at depth. In addition, the Company plans to initiate [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/28/12 -- Lydian International Ltd. (TSX: LYD) ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, is pleased to announce that it has closed its previously announced private placement financing, pursuant to which it issued and sold to European Bank for Reconstruction and Development ("EBRD") an aggregate of 1,419,732 ordinary shares of the [...]
Lydian International, a gold-focused mineral exploration and development company, is pleased to announce that the European Bank for Reconstruction and Development, has agreed to purchase from the Company an aggregate of 1,419,732 ordinary shares of the Company at a price of CAD $2.56 per share, for aggregate gross proceeds of CAD $3,634,513.92 on a private placement basis (the "EBRD Placement"). The EBRD Placement, which [...]
Lydian International Limited is pleased to announce it has completed the issuance of an additional 2,343,750 ordinary shares at a purchase price of $2.56 per ordinary share for additional gross proceeds of $6,000,000, pursuant to the exercise in full of an over-allotment option granted to the underwriters in connection with the Company's previously announced bought deal financing with GMP Securities L.P. and Scotiabank.
Lydian International Ltd., today announced that, as part of the permitting process for the development of its Amulsar project, it has received environmental impact assessment approval for the Company's planned processing of gold-silver using heap leach technology. The approval process included detailed analyses of alternative leach pad site localities, and the preparation of an independent Environmental Impact Assessment [...]