Lydian International Limited announced the final drill results from its 2012 drilling program at its 100% owned Amulsar gold project in Armenia. Amulsar is a feasibility stage high-sulfidation style, heap-leach gold project with reported CIM compliant Proven and Probable reserves of 2.29M Oz Gold at 0.8 g/t and 9.98M Oz Silver at 3.3 g/t and a resource of 0.2M Oz Gold at 1.0 g/t in Measured and Indicated categories and 1.1M Oz Gold at 0.9 g/t in the Inferred category. Results have been received from the last 30 drill holes at Amulsar including infill drilling at Tigranes and Artavasdes, further step-out drilling at Arshak and deep exploration drill holes at Erato.

Drilling at Arshak continues to extend gold mineralization along the Amulsar ridge top towards the southeast. Results include RCA-484 which returned 111 meters at 1.1 g/t gold including 36 meters at 2.7 g/t gold from outside the current pit-shell. RCA-486 and RCA-493 returned 35 meters at 1.8 g/t gold and 30 meters at 1.0 g/t gold respectively, approximately 100 meters southeast of the current pit-shell.

Meanwhile DDA-365 drilled in-between Tigranes and Artavasdes returned 21 meters at 1.6 g/t. At Erato deep drill hole DDA-370 returned numerous intervals of gold mineralization up to 250 meters below and to the east of the current pit-shell, including 38 meters at 1.0 g/t gold from 342 meters depth. This is the deepest hole so far drilled at Erato and shows significantly large zones of oxide gold mineralization to the end of hole at a total down-hole depth of 404.5 meters. This drill hole also indicates significant potential for the discovery of further gold mineralization at depth between Tigranes and Erato which supports predictions of a possible link between the two current pits.

DDA-367 also returned gold mineralization from below the current pit-shell limits, including 89 meters at 1.0 g/t gold from 240 meters to 329 meters depth down hole which included 22 meters at 3.2 g/t gold from 301 meters down-hole depth. The company has engaged AMC Consultants UK to provide a CIM compliant resource update at Amulsar. The resource update is expected to be completed before the end the first quarter of 2013.

Drilling is expected to commence again in the spring of 2013, with a proposed program totalling 40,000 meters and with a particular focus on testing the deeper parts of the Amulsar gold mineralizing system.