Lydian International

The probability of discovering large, world-class projects is higher in prospective, newly emergent and transitional environments. Lydian is positioned to leverage and manage emerging environment exploration opportunities. The company has unique capabilities in grassroots discovery, “first mover” strategies in securing assets, and superior management of the complex social and political aspects of these environments.

Currently the company is focused on Eastern Europe. Lydian has developed a diversified portfolio of highly prospective precious and base metal projects at the early and advanced exploration development stage. Lydian’s flagship projects include a gold project at Amulsar in Armenia, and a zinc-lead-silver-gold at Drazhnje in Kosovo. The Company is also focused on its pipeline of new gold and base metal projects.

Lydian benefits from the leadership of an experienced management team and board, with considerable backgrounds in operations, finance and in building companies.

The Company’s strategy is to maximize shareholder value from its asset portfolio. This will be achieved by the following :

    * Develop a defined resource into a mine in collaboration with joint venture partners; or
    * Enter into a production joint-venture agreement with a local mining company or partner that would have the technical and financial capabilities to put the resource into production; or
    * Float off an asset into a new company, offering it to existing and new shareholders, while retaining a royalty payment based on production.

Armenia

Armenia is well known for its mineral resources and long mining history. In recent years, exploration activities and mining investment has been on the increase, companies such as Dundee, Tamaya Resources, Freeport, McMoran, Global Gold, Alrosa and others now have operations in Armenia. (Read More)

The Armulsar Project

The Armulsar licence areas cover a region of high-sulphidation, epithermal-type gold mineralisation located in central Armenia and discovered by Lydian in 2006.

In March 2009, Lydian released an NI-43101 compliant inferred resource of 1M ounces at 1g/t gold at the project. This resource was drilled out in 2008 during just one field season and remains open and untested in all directions.

The licences are held 100% by Geoteam, an Armenian registered closed joint stock company. Geoteam CJSC is held 95% by Lydian Resources Armenia (a wholly owned subsidiary of Lydian International Ltd.) and 5% by a private local partner. (Read More and see recent drill hole highlights).

Kosovo

Kosovo declared its independence in February of 2008. Since then a new EU mission (EULEX) has been installed in the country with a mandate to oversee rule of law and the new country’s accession to the European Union.

Although relatively small, Kosovo possesses a significant share of the region's mineral resources including the Trepča complex which is one of the world’s largest accumulations of lead, zinc and silver and includes seven mines, three zinc concentrators and a zinc refinery.

The mining law in Kosovo is of an international standard and is independently monitored.

Lydian, through its subsidiary company Kosovo Resource Company, is the only active foreign mineral exploration company in Kosovo. 

Projects in Kosovo; (click for more details)

Crepulje

Drazhnje

New Projects

The probability of discovering large “World Class” gold projects is higher in prospective and newly emergent environments. Lydian’s “New Frontiers” team is actively researching and exploring new first mover opportunities in emerging environments. Lydian takes an opportunistic approach, combined with longstanding skills in the discovery and acquisition of completely new or undervalued assets.

BOARD OF DIRECTORS

(for more information click here)

Gordon Wylie                                                                              Dr. Timothy Coughlin
Non-Executive Director and                                                 President and Chief Executive Officer
Chairman of the Board                                                           BSc Geology, MSc Exploration and 
BSc (hons) Geology, Grad Dip                                           Mining Geology, PhD (structural geology)
Mining Engineering, Management Diploma (UNISA)

Roderick Corrie                                                                                              Huw Williams
Chief Financial Officer and Executive Director                              Non-Executive Director    
MA Cambridge, ACIB, MSI                                                        Ba, CFA, FCA, MBA

Marc C Henderson                                                                      Peter Mullens
Non-Executive Director                                                                Non-Executive Director
CFA                                                                                          BSc Geology

For more information on Lydian's Management team click here

Listing: TSX
Symbol: LYD
   
Major Shareholders:
IFC: 14.38%
Newmont: 10.61%
EBRD: 4.95%