Lydian International Limited LYD:CA announced assays from its Amulsar Gold Discovery in Armenia. Highlights include 1 g/t gold over 19 metres, 1 g/t over 6 metres, 1.1 g/t over 12 metres, 1.2 g/t over 52 metres, 1.2 g/t over 46.5 metres and 1.9 g/t over 89 metres (including 5.9 g/t over 11 metres and 3.7 g/t over 14 metres).
President/CEO Tim Coughlin said, “These results will be incorporated in the modeling and resource update work that is currently underway. There is a concentrated and concerted technical effort underway with the aim being to complete and release the resource update by the end of February next year.”
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by Ted Niles