OTCPK:LYDIF - Post by User
Post by
riskybznzon Jun 19, 2017 10:46am
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Post# 26377729
Amulsar Project Proceeding as Planned
Amulsar Project Proceeding as Planned
10:17 AM EDT, 06/19/2017 (MT Newswires) -- Lydian International (LYD.TO) said Monday that construction at its 100%-owned Amulsar Gold Project is proceeding as planned, with project commitments totaling $213 million. Construction power and water are in place, access roads are complete, the construction warehouse has been erected, and detailed design and fabrication of the electrical distribution equipment are in process. For the rest of the year, the company expects to complete major earthworks for the HLF, mine haul road, and barren rock storage facility, start installation of mechanical and electrical equipment, and hire and train staff for mine operations and the processing plant, among others.