Posted in | News | Gold

Lydian International Reports Infill and Sampling Results from Amulsar Gold Discovery

Lydian International Ltd. (TSX:LYD), a gold-focused mineral exploration and development company, today announced results from infill and extension soil geochemical sampling at its Amulsar gold discovery in Armenia.

Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant Inferred Category Resource of 1.4 million ounces at 0.9g/t gold.

Infill and extension soil geochemical sampling conducted this year from within the Amulsar license area has identified an area of gold mineralization 3.6 kilometers long and at-least 3 kilometers wide. The soil data clearly confirms current knowledge from drilling results and shows that further potential lies over an untested area of approximately one square kilometer to the northeast of Tigranes. The Erato area confirms that even low order gold in soil geochemical data (0.05 to 0.1g/t gold; yellow contour) correlates with significant near surface gold in drill holes (including 229 meters @ 1.0g/t, 95 meters @ 1.7g/t, and 186 meters @ 1.1g/t gold see press releases, November 11th 2009, August 31st 2010, October 4th 2010). These data have also helped identify new drill targets to the east and west of Artavasdes and Arshak and highlight a strong northeast-southwest oriented untested structural control to gold mineralization in the southwest of the license area.

"This is the first time we have had enough soil geochemical data to produce a meaningful map at Amulsar" said Tim Coughlin, Lydian's President and CEO. "The results are highly encouraging. They reveal the size potential of the gold mineralized system, confirm ideas we already had from mapping and surface rock-chip sampling and reveal new targets and new areas of significant untested potential including the region to the northeast of Tigranes which has not yet been soil sampled and is only sparsely drill tested. Drill testing these new areas, extending the soil sampling towards the northeast and infill soil sampling towards the north will be an early element of next year's exploration program".

Christopher John Bargmann, FGS(C Geol), MAusIMM, Pr.Sci.Nat; is the Qualified Person overseeing Lydian's exploration programs. Mr. Bargmann has supervised the preparation of the technical information contained in this press release.

Source:

Lydian International Ltd.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Lydian International Ltd.. (2019, February 18). Lydian International Reports Infill and Sampling Results from Amulsar Gold Discovery. AZoMining. Retrieved on November 22, 2024 from https://www.azomining.com/News.aspx?newsID=1429.

  • MLA

    Lydian International Ltd.. "Lydian International Reports Infill and Sampling Results from Amulsar Gold Discovery". AZoMining. 22 November 2024. <https://www.azomining.com/News.aspx?newsID=1429>.

  • Chicago

    Lydian International Ltd.. "Lydian International Reports Infill and Sampling Results from Amulsar Gold Discovery". AZoMining. https://www.azomining.com/News.aspx?newsID=1429. (accessed November 22, 2024).

  • Harvard

    Lydian International Ltd.. 2019. Lydian International Reports Infill and Sampling Results from Amulsar Gold Discovery. AZoMining, viewed 22 November 2024, https://www.azomining.com/News.aspx?newsID=1429.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.