Lydian International Ltd.
TSX : LYD

Lydian International Ltd.

August 17, 2016 07:00 ET

Lydian Appoints Head of Mining and Metals of the World Economic Forum to Board of Directors

TORONTO, ONTARIO--(Marketwired - Aug. 17, 2016) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that the Company's Board of Directors has appointed Gillian Davidson as an Independent Director, effective August 17, 2016.

Gillian Davidson is currently Head of Mining and Metals at the World Economic Forum, where she is responsible for leading multi-stakeholder initiatives with global mining and metals companies, governments, international organizations and civil society to advance responsible and sustainable mining. Prior to joining the Forum, Gillian was Director of Social Responsibility at Teck Resources, Canada, where she led commitments to communities, human rights and sustainable development. Gillian has also held roles related to social justice, community development and natural resources in government, civil society, consultancy and academia. Gillian has worked extensively with civil society organizations to implement people-centered development and dialogue within the mining sector. She is a 2012 alumni and group chair of the Governor General of Canada's Leadership Conference on sustainable communities. Gillian holds a PhD in International Development and Geography from the University of Liverpool, United Kingdom.

"We are very pleased to welcome Gillian to Lydian's Board. Gillian brings a wealth of industry experience, and, in particular, expertise in social and environmental areas, which will be invaluable as we advance the Amulsar Gold Project through construction," said Gordon Wylie, Chairman of Lydian.

About Lydian International Limited

Lydian is a gold developer, focusing on construction at its 100%-owned Amulsar Gold Project, located in south- central Armenia. Amulsar presents an opportunity for a large scale, low cost operation with production expected to begin in 2018. Open pit mining and conventional heap leach processing contribute to excellent scale and economic potential. Amulsar will be Armenia's largest gold mine, with estimated mineral resources containing 3 million measured and indicated ounces and 2 million inferred ounces. Gold production is targeted to average greater than 200,000 ounces annually over an initial 10 year mine life. Existing mineral resources and open extensions provide opportunities to improve average annual production and extend the mine life. The Company is committed to good international industry practices in all aspects of its operations including production, sustainability, and corporate social responsibility. For more information and to directly contact us, please visit www.lydianinternational.co.uk.

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