Corporate History
2011
- Resource increased and category uplifted at Amulsar to 2.5 million ounces (1.1M oz in Indicted category at 1.1 g/t and 1.4M oz in Inferred category at 0.9g/t gold)
- Development Advisory Board appointed
2010
- Lydian purchases Newmont’s interest in the Armenian joint venture
- Inferred category resource of 1.4 million ounces released at Amulsar
- 25000m drilling program complete
- Drazhnje project in Kosovo put on hold
2009
- Inferred category resource of 1 million ounces at 1g/t gold released at Amulsar
2008
- Lydian listed on TSX Main Board in January
2007
- Promising gold results from initial 5-hole scout drilling program complete at Amulsar
- Promising results from initial drilling at Drazhnje Lead-Zinc-Silver project in Kosovo
- 13000m drilling program complete at Amulsar with promising results
- Mining License granted over part of Amulsar resource
- 14000m drilling program completed at Amulsar
- First metallurgical test results return greater than 90% recovery rates for gold at Amulsar
2006
- Amulsar License granted
- Armenian exploration JV with Newmont executed
- Exploration licenses granted in Kosovo
2005
- Company founded as private UK-Company