Stocktube video
15/10/2013

Lydian gets government green light on heap leach location

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Additional Information
Market: TSX
Sector: Gold Mining
EPIC: LYD
Latest Price: 1.01  (-0.98% Descending)
52-week High: 1.72
52-week Low: 0.57
Market Cap: 148.90M
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Lydian International
www.lydianinternational.co.uk

Lydian International is an exploration and development company with a highly experienced management and technical team. The Company has a proven track record in discovering and developing new projects in unfamiliar and frontier settings.

 

Lydian’s flagship asset is the Amulsar Project, a gold exploration and development project located in Southern Armenia, which was discovered in 2006. The Company’s primary focus for Amulsar is to continue its development, and carry out further future exploration as the deposit is still open in all directions, including at depth. In particular, Lydian is focused on continuing its ongoing permitting process and, as part of this process, is currently working to complete an environmental and social impact assessment (ESIA), detailed engineering studies, an updated feasibility study and mine planning. These activities are all being carried out, or intended to be commenced, by Lydian in furtherance of achieving its primary goals of obtaining all necessary permitting and financing to begin construction in early 2015, ultimately, commencing production by late 2016