Resource Upgrade/Extension Drilling At Amulsar  

TORONTO, ON - Lydian International Ltd. reported results from the first 11 holes of its 2010 drilling program at its Amulsar gold discovery in Armenia. Amulsar is a high-sulfidation style gold project which currently hosts a CIM compliant Inferred Category Resource of 1.4 million ounces at 0.9g/t gold. First results have been returned for a total of 3 diamond drill holes and 8 reverse circulation drill holes in the Tigranes-Artavasdes and Arshak areas. The laboratory processing of samples from reverse circulation drill holes was conducted out of sequence, resulting in drill holes RCA 179 through to RCA 189 remaining in the laboratory and still requiring analysis.

These initial drilling results with higher grade intervals are part of this year's resource upgrade program in the Tigranes and Artavasdes areas. The program aims to track and connect zones of higher gold grade within the current resource shell leading to an overall increase in grade and resource category. Due to the previous drill pattern these zones have been treated as isolated intersections and were thus not fully represented in previous resource calculations. Current indications are that fault and fracture- controlled higher grade intervals trend both NE-SW and NW-SE and sometimes occur adjacent to the irregular margin of a porphyritic intrusive body. Drill holes are being located and in some cases rotated on existing pads to ensure that these higher grade zones are properly mapped out and not precluded from future resource estimates. DDA-034 was drilled in the Arshak area approximately 400m to the south of Artavasdes and implies extension along an overall NW-SE trend between the two prospect areas. Infill drilling along this trend is currently being conducted to test continuity. The company's address is 34, King Street East, 9th Floor, Toronto, ON M5C 2X8, 416-504-8001, email: [email protected].