New Gold Zone Discovered in Armenia

Epress.am ()
Nov. 1, 2010

Lydian International said Monday it discovered a new high-grade gold
zone at its Amulsar project in Armenia, with results of 40m at 5.6g/t
gold, reads a press release by the company.

Lydian International Ltd. is a mineral exploration and development
company.

The drill intersection from hole RCA-301, which was uncovered through
resource extension drilling at the site, was located to the southeast
of the Artavasdes area.

Lydian said the hole was drilled to test a 1km long
northeast-southwest trending fault structure.

“Drill hole RCA-301 amplifies the message that there are more
surprises in store at Amulsar,” said president and CEO Tim Coughlin.

The Amulsar group of licenses is 95% owned by Lydian’s Armenian
subsidiary.

From: A. Papazian