AMULSAR CONSTRUCTION UPDATE
TSX: LYD
January 2018 Newsletter
CRUSHING AND SCREENING PLANT
OVERLAND CONVEYOR
The past year represents major achievements for Lydian
International and its Amulsar Gold Project. These include
significantly advancing the construction and development
of Amulsar, strengthening the Company’s financial position
leading up to production later this year, increasing gold
resources and reserves by 16% and 8% respectively, and
reinforcing the Company’s commitment to safety and
sustainability. Amulsar is expected to be one of the largest
new producing gold mines in 2018.
Throughout 2017, the major areas of construction included
the crushing and screening plant, overland conveyor,
mine operations, heap leach facility and processing plant.
Construction progressed significantly in these areas and
continues to advance.
1
Lydian Armenia
Local Jobs at Lydian’s Amulsar Gold Project 2016 -17*
Employees from Local Communities
*Monthly local employment averaged 40%.
2,000 60%
1,50050%
50020%
30%
10%
0 0%
1,000
40%
Total Jobs Total Local JobsO
ct
Oct
No
v
No
v
Dec
Dec
Jan
Feb
Mar
Ap
r
May
Jun
Jul
Au
g
Sep
248102
3931
In 2017, Lydian Armenia adopted a local employment plan,
pursuant to which the Company committed to hiring at least
30% of Amulsar employees from local communities. At year-
end 2017, there were 1,236 employees and contractors at
Amulsar, 34% from local communities:
Jermuk
Gndevaz
Saravan
Gorayk
ADR PLANT
HEAP LEACH FACILITY
2
January 2018 Newsletter
TSX: LYD
2
MINING OPERATIONS
3
Upcoming EventsFebruary 25-28, 2018 BMO Global Metals and Mining Conference
March 4-7, 2018 PDAC
Recent NewsJanuary 10, 2018 Lydian Announces Appointment of General
Manager
Lydian International Media
January 9, 2018 Lydian International will be one of the few
gold companies to go into production
this year
News article
January 9, 2018 Gold Speculator Portfolio Update
News article
Lydian Armenia Media
January 24, 2018 Amulsar gets conditional ICMC/Code
certification
News article
January 22, 2018 Acid rock drainage at Amulsar will be
controlled and will not negatively impact
water quality – international expert
News article
January 19, 2018 Community before and after Amulsar
gold project – Nara Ghazaryan, Lydian
Armenia Social and Sustainability Manager
News article
January 18, 2018 Lydian International’s Amulsar gold mine
certified under international code
News article
January 15, 2018 International expert gives clarification to
questions on Amulsar
News article
January 2018 Newsletter
TSX: LYD