Lydian International Ltd. is a mineral exploration and development company, with expertise employing “first mover” strategies in emerging environments.

The probability of discovering large, “World-Class” mining projects is higher in prospective yet neglected regions. Lydian has illustrated this unequivocally with its discovery of the Amulsar gold project in Armenia. After just two full season of drilling, this project already has an initial (NI-43101 compliant) inferred resource of 1.4 million ounces gold and remains open and untested in all directions.

Highlights

•  New gold discovery with 1.4 million ounce oxide Inferred Resource (NI-43101 compliant), after just two seasons of drilling (27000m RC and DD combined, see > 1ppm intercepts)
•  Multi-million ounce potential, gold mineralizations open and untested in all directions
•  25 year mining license granted in 2009, three years since discovery
•  Heap leach amenability tests indicate 94% to 97% gold recoveries
•  Robust project economics
• Excellent infrastructure on sealed main road with high-tension power lines, gas and water pipe-lines transecting the license
•  5km2 of known gold mineralization, of which just 25% has been drill tested so far
•  16000m drill programme in preparation for 2010 – resource infill, resource extension, testing new targets

In the Caucasus region Lydian has acquired a good knowledge base for discovering new projects. Lydian also owns an advanced poly-metallic (zinc-lead-silver-gold) project at Drazhnje, and an extensive, very high grade, early stage zinc-lead oxide prospect at Crepulje in Kosovo.

Lydian's major share holders are the International Finance Corporation (IFC: Part of the World Bank Group), Newmont Mining Corporation and the European Bank of Reconstruction and Development. The IFC and the EBRD provide Lydian with influential in-country support and valuable advice to manage environmental, social and governance risks. This bolsters Lydian’s competitive advantage in securing high quality assets in prospective emerging environments.

Lydian benefits from the leadership of an experienced and renowned management team with a proven discovery record.

 

Click the links below to go to our project locations using Google Earth:

• Armenia
• Kosova

 

You should have Google Earth installed on your computer in order to open the links.