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lydian files ni 43-101 heap leach feasibility study - Proactive Investors

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KD Engineering, under the direction of Mr. Joseph M. Keane, P.E; responsible for<br />

overall report contents and preparation and all matters relating to the design and costs<br />

of the processing facility.<br />

Golder Associates, under the direction of Mr. Richard Kiel, P.E; responsible for all<br />

matters relating to the HLF and WDF, the introduction, the geotech<strong>ni</strong>cal and the<br />

update extracted from the NI-<strong>43</strong>-<strong>101</strong> Preliminary Economic Assessment entitled<br />

“Development of Amulsar Heap Leach Facility” and Mr. Pete Lemke, P.E;<br />

responsible for all matters relating to the Wastewater Treatment Plant design.<br />

Independent Mi<strong>ni</strong>ng Consultants, under the direction of Mr. Herb Welhener, MMSA-<br />

QPM; responsible for all matters relating to geology, drilling, open pit and mine<br />

design.<br />

Wardell Armstrong International, under the guidance of Mr. John Eyre, FRICS<br />

MIMMM MIQ CEnv; responsible for all matters relating to the Environmental and<br />

Social Impact Assessment.<br />

An NI <strong>43</strong>-<strong>101</strong> compliant Tech<strong>ni</strong>cal Report will be filed on the Company’s website and on<br />

SEDAR within 45 days.<br />

This release has been reviewed and approved by Mr. Joseph M. Keane, P.E, and Pete Lemke,<br />

P.E of KD Engineering, Mr. Richard Kiel, P.E of Golder Associates, Herb Welhener,<br />

MMSA-QPM of Independent Mi<strong>ni</strong>ng Consultants and John Eyre, FRICS MIMMM MIQ<br />

CEnv of Wardell Armstrong International, in each case, a "qualified person" as that term is<br />

defined in NI <strong>43</strong>-<strong>101</strong>. This release has also been reviewed and approved for the Company by<br />

Gary Anthony Patrick, BSc (Chemistry/Extractive Metallurgy), MAusIMM CP, the<br />

Company's Development Manager and a "qualified person" as that term is defined in NI <strong>43</strong>-<br />

<strong>101</strong>.<br />

About Lydian International<br />

Lydian is a gold-focused mineral exploration and development company with expertise<br />

employing “first mover” strategies in emerging exploration environments. Currently Lydian<br />

is focused on Eastern Europe and, in particular, developing its flagship Amulsar gold project<br />

in Arme<strong>ni</strong>a. Lydian also has a pipeline of promising early-stage gold and base metal<br />

exploration projects in the Caucasus regions.<br />

Lydian’s management team has a track record of success in grassroots discovery, in acquiring<br />

and developing undervalued assets, and in building compa<strong>ni</strong>es. Lydian has a strong social<br />

agenda and a u<strong>ni</strong>que understanding of the complex social and political issues that characterise<br />

emerging environments. The Company’s sig<strong>ni</strong>ficant shareholders include the International<br />

Finance Corporation which is a member of the World Bank Group and the European Bank<br />

for Reconstruction and Development. More information can be found on Lydian’s web site at<br />

www.<strong>lydian</strong>international.co.uk.<br />

Caution regarding forward-looking information:<br />

This news release may contain certain information that constitutes forward-looking<br />

statements. Forward-looking statements are frequently characterised by words such as “plan,”<br />

“expect,” “project,” “intend,” “believe,” “anticipate” and other similar words, or statements<br />

that certain events or conditions “may” or “will” occur and include statements regarding the<br />

Company’s intended planned exploration. Forward-looking statements are based on the<br />

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