Lydian International Ltd.
TSX : LYD

Lydian International Ltd.

September 09, 2008 15:50 ET

RETRANSMISSION: Lydian Intersects 109m at 1.1g/t Gold (Including 34m at 3.1g/t Gold) as the Amulsar Gold Discovery Continues to Grow

Gold mineralization now intersected in drill holes over an approximate 300m width with potential to extend in all directions

TORONTO, ONTARIO--(Marketwire - Sept. 9, 2008) -

This is a retransmission of the Lydian International Ltd. (TSX :LYD) news release that was disseminated earlier today at 11:40 am ET. Figure 2 has been added to the news release. The complete news release follows:

Lydian International Ltd. (TSX:LYD), a diversified U.K. mineral exploration and development company, today announced results from further drilling at its Amulsar gold discovery in Armenia. Results from a further 15 combined diamond and reverse circulation drill holes have been returned (Table 1 below). Best results include:

- RCA-022 with 109m at 1.1/t gold (including 34m at 3.1g/t gold),

- DDA-009 with 92m at 1.4g/t gold (including 9m at 8.6g/t gold),

- RCA-021 with 72m at 1.1g/t gold (including 11m at 5.2g/t gold).

TABLE 1, Interim Results from Drilling at Amulsar



----------------------------------------------------------------------------
Total From Inter- Gold
Drill Hole Dip Azimuth Depth (m) To (m) section (m) (g/t)
----------------------------------------------------------------------------
DDA-008 -60 300 169.7 17 21 4 1.04
-----------------------------------------
40 62 22 1.55
-----------------------------------------
(Including) 40 55 15 2.65
----------------------------------------------------------------------------
DDA-009 -60 120 199.7 30 122 92 1.36
-----------------------------------------
(Including) 62 71 9 8.61
----------------------------------------------------------------------------
DDA-010 -60 300 237.9 5.6 8 2.4 1.89
-----------------------------------------
25 33 8 1.10
-----------------------------------------
46.7 53 5.3 1.09
----------------------------------------------------------------------------
DDA-011 -60 115 133.4 28 34 6 1.26
-----------------------------------------
46 70 24 1.01
-----------------------------------------
83 90 7 1.07
----------------------------------------------------------------------------
DDA-012 -60 300 180.7 138 141 3 1.18
-----------------------------------------
157 164.5 7.5 1.10
----------------------------------------------------------------------------
RCA-013 -60 300 150.0 No Significant Intersections greater
than 1g/t Gold
----------------------------------------------------------------------------
RCA-014 -60 300 150.0 54 60 6 1.00
----------------------------------------------------------------------------
RCA-015 -60 300 154.0 33 49 16 1.02
-----------------------------------------
51 53 2 1.10
-----------------------------------------
93 108 15 1.02
----------------------------------------------------------------------------
RCA-016 -60 300 130.0 No Significant Intersections greater
than 1g/t Gold
----------------------------------------------------------------------------
RCA-017 -60 300 182.0 8 17 9 1.18
-----------------------------------------
27 66 39 1.28
-----------------------------------------
(Including) 29 43 14 2.48
----------------------------------------------------------------------------
RCA-018 -60 300 189.0 94 96 2 1.21
-----------------------------------------
101 106 5 1.08
-----------------------------------------
137 141 4 1.11
-----------------------------------------
145 152 7 1.12
----------------------------------------------------------------------------
RCA-019 -60 120 150 19 21 2 1.09
-----------------------------------------
70 74 4 1.06
-----------------------------------------
119 143 24 1.66
-----------------------------------------
(Including) 129 143 14 2.30
----------------------------------------------------------------------------
RCA-020 -60 300 162 0 17 17 1.04
-----------------------------------------
52 55 3 2.35
-----------------------------------------
131 137 6 1.06
----------------------------------------------------------------------------
RCA-021 -60 120 114 0 72 72 1.12
-----------------------------------------
(Including) 26 37 11 5.22
----------------------------------------------------------------------------
RCA-022 -60 300 154 45 154 109 1.11
-----------------------------------------
(Including) 70 104 34 3.12
----------------------------------------------------------------------------

Cut-off 0.2g/t gold, max. down-hole internal dilution 11m, all intersections
oxide gold


Drill hole locations relative to surface rock-chip geochemistry are provided in Figure 1 from link below.

http://media3.marketwire.com/docs/Figure1Tigranes.pdf

Preliminary interpretative cross-sections and geological studies imply that higher grade gold mineralisation at Amulsar is hosted in a combination of both steeply dipping feeder structures ("feeders") and shallowly dipping lithologically controlled structures ("flats"). This is illustrated in Figure 2 cross-section from link below. Gold mineralisation has now been intersected over an approximate 700m strike distance and 300m width.

http://media3.marketwire.com/docs/Figure2Amulsar.pdf

"The combination of 'flat' and 'feeder' type bodies, localised high-grade in a broader low-grade halo, and the outstanding results from our recent metallurgical testing including 94% to 97% gold recoveries, are very encouraging from a bulk open-pit mining perspective," said Tim Coughlin, Lydian's President and CEO. "However, it is still early days at Amulsar and further drilling is required before we fully understand the geometry and dimensions of the system. Moving forward, our plan until the end of this year is to do enough drilling before the snow starts so we can get a good indication of resource potential at the Tigranes-Artavasdes areas, plus enough drill holes at Erato and other targets to indicate even more upside."


Amulsar is a high-sulphidation type epithermal gold project located in central Armenia. Lydian identified the gold bearing potential of the project in mid-2006 and started initial drilling in 2007. Currently the Company is conducting a 20,000m drill program to test the bulk tonnage potential and confirm a gold resource. The Amulsar license is 95% owned by Lydian's wholly owned Armenian subsidiary (Geoteam CJSC). The project is currently being explored as part of a 50/50 joint venture with Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining Corporation (NYSE:NEM).

About Lydian International

Lydian is a diversified U.K. mineral exploration and development company, with expertise employing "first mover" strategies in emerging exploration environments. Currently the Company is focused on Eastern Europe developing advanced precious and base metal assets in Armenia and in Kosovo. The two main projects are gold at Amulsar in Armenia, and zinc, lead, silver and gold at Drazhnje in Kosovo. Lydian also has a pipeline of promising gold and base metal exploration projects in the Balkans region, and operates a 50/50 gold and copper exploration joint venture with Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining Corporation in the Caucasus region.

Lydian's management team has a track record of success in grassroots discovery, in acquiring and developing undervalued assets, and in building companies. Lydian has a strong social agenda and a unique understanding of the complex social and political issues that characterise emerging environments. The two largest shareholders are Newmont Mineral Holdings B.V. (owned by Newmont Mining Corporation), and International Finance Corporation (part of the World Bank Group). More information can be found on Lydian's web site at www.lydianinternational.co.uk.

Dr Tim Coughlin, MAusIMM; is the Qualified Person overseeing Lydian's exploration programmes. Dr. Coughlin has supervised the preparation of the technical information contained in this press release.

Lydian employees are instructed to follow standard operating and quality assurance procedures intended to ensure that all sampling techniques and sample results meet international reporting standards. All assay work for the released results was carried out by ALS Chemex analytical laboratory in Rosia Montana, Romania, in Perth Australia, or in Vancouver, BC. Please see Lydian's web site for more information.

Forward-looking Information

Securities regulators encourage companies to disclose forward-looking information to help investors understand a company's future prospects. This press release contains statements about our future financial condition, results of operations and business. These are "forward-looking" because we have used what we know and expect today to make a statement about the future. Forward-looking statements usually include words such as may, expect, anticipate, believe or other similar words. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this press release. You should not place undue reliance on forward-looking statements. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations.

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