Lydian International Limited is an emerging gold developer, focused on its 100% owned Amulsar Gold Project, located in Southern Armenia. Amulsar production is expected to average 200,000 gold ounces per year, delivering Lydian as a high cash‐flow, mid‐tier producer.
Exploration to date has identified a total gold resource of 2.3 million ounces contained (2.4 M+I), and demonstrates potential extensions at depth. Amulsar is expected to be an open pit mine with completely conventional heap leap and gold recovery processes. An updated feasibility study is scheduled to be completed during Q3 2014, which will support Lydian's ongoing and planned permitting and project financing activities. Lydian is targeting the spring of 2015 to begin construction and commissioning to start by late 2016.
September 11th 2014
Lydian International Conference Call and Webcast (13.00 Eastern Time)
To access the webcast for Lydian’s Feasibility Study Update, Click HERE
For dial-in information, please see the Lydian press release for September 11, 2014.
Updated Feasibility Study Results Presentation for Conference Call, September 11, 2014, Click HERE
|15-20 min delay|