Lydian International Ltd., a gold-focused mineral exploration and development company, announced that the working group formed by the Armenian government has concluded its assessment of the company's latest proposed location for a heap leach processing facility at its Amulsar gold project, "EcoLur" NGO reported.
And the government has given the company its preliminary endorsement for the proposed location.
Marc Leduc, Lydian's Chief Operating Officer said, "The new proposed facility will be located four kilometers southwest of the previous proposed facility and seven kilometers from the pits and is a potentially good valley fill."
To note, Lydian International Company plans to Amulsar gold open pit mining where gold concentration is 0.8 grams per ton and to process ore with heap leaching technology. It is already the third time that the company changes the location of the cyanic facility, as the previous territories posed essential risks to water resources, first of all, the strategic priority of Armenia - Lake Sevan.