Thursday 27th October 2016

Resource Clips

Lydian reports Armenia Gold Assays including 2 g/t over 63m

Resource Clips - essential news on junior gold mining and junior silver miningLydian International Limited TSX:LYD announced assays from its Amulsar gold project in Armenia. Results include

1 g/t gold over 33 metres
1.9 g/t over 20 metres
2 g/t over 63 metres
1 g/t over 28 metres
1 g/t over 27 metres
1 g/t over 28 metres
1 g/t over 42 metres
1.7 g/t over 156 metres
1.1 g/t over 54 metres
1.3 g/t over 53 metres.

President/CEO Tim Coughlin commented, “Resource conversion and resource extension drilling is proceeding well at Amulsar with our better understanding of the geometry leading to more efficient resource conversion drilling and to exciting intersections that systematically extend the resource beyond its current limits. We have a new insight now into the structures that host gold grade and can see them extending for some distance and away from the current resource in all directions. Most importantly, with the deeper drill holes we are drilling this year it is very clear that in some mineralized structures the gold grade remains strong at depth, meaning that eventually a high-grade underground resource accessible via decline from the bottom of the proposed pit or from an adit on the hillside may need to be considered.”

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Steve Smith
Investor Relations Manager
+44 (0)1534 715472
or +44 (0)7829 848420

by Ted Niles

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