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Resource Clips


Posts tagged ‘armenia’

Lydian reports Armenia Gold Assays up to 1 g/t over 53m, 1 g/t over 38.5m

August 21st, 2012

Resource Clips - essential news on junior gold mining and junior silver miningLydian International Ltd TSX:LYD announced results from its Amulsar Gold Project in Armenia. Highlights include

1 grams per tonne gold over 53 metres
1 g/t over 37 metres
1 g/t over 8 metres
1 g/t over 23 metres
0.9 g/t over 33 metres
1 g/t over 38.5 metres
1 g/t over 5 metres
1.5 g/t over 13 metres
1 g/t over 38 metres
1 g/t over 37 metres
1 g/t over 23 metres
1.6 g/t over 7 metres

President/CEO Tim Coughlin commented, “Drilling at Amulsar has had a slow start this year with delays on the delivery and commissioning of new drill rigs. However, we now have seven diamond drill rigs and one reverse circulation drill rig onsite with an additional new reverse-circulation rig due to arrive in early September. New 3D geologic modelling has identified several areas of depth and stepout potential which we are confident will be converted into further new resources as the drill season evolves.”

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Lucie Fowler
IR Manager
44.0.1534.715472
or 44.0.7797.738777

by Kevin Michael Grace

Lydian reports Armenia Assays including 1.6 g/t Gold over 146m

November 2nd, 2011

Resource Clips - essential news on junior gold mining and junior silver miningLydian International Ltd TSX:LYD announced results from its Amulsar Gold Project in Armenia. Assays include

1.6 g/t gold over 146 metres
(including 19.5 g/t over 5 metres)
1.5 g/t over 138 metres
1.1 g/t over 101 metres
1 g/t over 81 metres
1 g/t over 66 metres
3.5 g/t over 12 metres
1 g/t over 35 metres
1 g/t over 28 metres

President/CEO Tim Coughlin remarked, “Detailed mapping, ground spectrometre and new soil geochemical data imply that the northern extent of the Erato area lies at the intersection and interaction point of two fault-breccia zones, but further drilling is required to fully understand this geometry in 3D. Obviously there is some important higher-grade material at depth at Erato and most importantly this remains open at depth and towards the east. Drilling at Arshak is returning consistently good results and DDA-194 is particularly important as it potentially extends the resource downslope and towards the southwest, thus locally reducing the stripping ratio. The new soil geochemical data is highly informative and further amplifies the untested resource potential at Amulsar and the need for further exploration drilling at the project.”

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Contact:
Steve Smith
IR Manager
44.0.1534.715472
44.0.7829.848420

by Greg Klein

Lydian reports Armenia Gold Assays up to 2.2 g/t over 101m

October 4th, 2011

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

2.2 g/t gold over 101 metres
1.1 g/t over 14 metres
1.1 g/t over 13 metres
1 g/t over 46 metres
1.1 g/t over 11 metres
1 g/t over 13 metres
1 g/t over 25 metres
1 g/t over 21 metres
1 g/t over 86 metres
1 g/t over 139 metres
1 g/t over 29 metres

President/CEO Tim Coughlin commented, “This is another solid set of drill results that confirm the geologic model and quite clearly extend resource potential towards the northeast and southeast at Amulsar. So far this year we have drilled a total of 34,500 metres and released results from approximately 70% of these drill metres. We are well on track to complete in excess of our proposed 40,000-metre program.”

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Contact:
Steve Smith
Investor Relations Manager
+44 (0)1534 715472

by Ted Niles

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

September 19th, 2011

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


by Ted Niles