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Armenia government and Lydian International agree on development of
Amulsar gold mine
by Tatevik Shahunyan
ARMINFO
Saturday, October 19, 14:41
Lydian International Ltd., a gold-focused mineral exploration and
development company, announced that the working group formed by the
Armenian government has concluded its assessment of the company's
latest proposed location for a heap leach processing facility at its
Amulsar gold project, "EcoLur" NGO reported.
And the government has given the company its preliminary endorsement
for the proposed location.
Marc Leduc, Lydian's Chief Operating Officer said, "The new proposed
facility will be located four kilometers southwest of the previous
proposed facility and seven kilometers from the pits and is a
potentially good valley fill."
To note, Lydian International Company plans to Amulsar gold open pit
mining where gold concentration is 0.8 grams per ton and to process
ore with heap leaching technology. It is already the third time that
the company changes the location of the cyanic facility, as the
previous territories posed essential risks to water resources, first
of all, the strategic priority of Armenia - Lake Sevan.
Amulsar gold mine
by Tatevik Shahunyan
ARMINFO
Saturday, October 19, 14:41
Lydian International Ltd., a gold-focused mineral exploration and
development company, announced that the working group formed by the
Armenian government has concluded its assessment of the company's
latest proposed location for a heap leach processing facility at its
Amulsar gold project, "EcoLur" NGO reported.
And the government has given the company its preliminary endorsement
for the proposed location.
Marc Leduc, Lydian's Chief Operating Officer said, "The new proposed
facility will be located four kilometers southwest of the previous
proposed facility and seven kilometers from the pits and is a
potentially good valley fill."
To note, Lydian International Company plans to Amulsar gold open pit
mining where gold concentration is 0.8 grams per ton and to process
ore with heap leaching technology. It is already the third time that
the company changes the location of the cyanic facility, as the
previous territories posed essential risks to water resources, first
of all, the strategic priority of Armenia - Lake Sevan.