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Lydian International continues to grow the resource

Dr Tim Coughlin, President and CEO of Lydian International (TSE: LYD) , tells Proactiveinvestors that the latest drill results confirm the company's strategy of consistently growing the resource, something that he says is not normally the case after the publication of a feasibility study. Tim says as well that it is important now to build value for shareholders with the drilling and to look ahead from the post feasibility study period and demonstrate that the company is engaged with the banks and progressing quickly.

Quick facts: Lydian International Ltd.

Price: 0.09 CAD

TSX:LYD
Market: TSX
Market Cap: $68.4 m
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Lydian International Ltd. chief excited about "beginning" of Amulsar project

Howard Stevenson, chief executive of Lydian International Ltd, is very excited about the potential of  the group's flagship Amulsar gold mine in Armenia, where engineering work has now started. The group has $123mln in the bank, which will see it through all activity this year, he...

on 15/8/16

2 min read