TORONTO, ONTARIO- Lydian International Limited (TSX:LYD) (“Lydian” or “the Company”) is pleased to announce the appointment of Andrew Kaczmarek as Chief Operating Officer (“COO”), effective immediately. As COO, Mr. Kaczmarek will be responsible for all the Company’s activities in Armenia, primarily project execution, operational readiness, commissioning, and operations at Lydian’s 100% owned Amulsar Gold Project. He will also oversee stakeholder engagement, compliance, and sustainability.
Mr. Kaczmarek is a seasoned executive, bringing more than 40 years of technical and global operations experience to Lydian. He most recently served as Independent Technical Advisor to Alacer Gold Corporation and Midway Gold Corp., interim Chief Operating Officer for Aurcana Corporation and Chief Operating Officer of Victoria Gold Corporation. Prior to that, Mr. Kaczmarek was Vice President of Mine Development for Alacer Gold Corporation where he was responsible for the construction and development of the CAlpler Gold Mine in east-central Turkey, and Vice President of Development for Kinross Gold Corporation responsible for engineering and construction for the re-opening of the Refugio Mine located in Chile. Mr. Kaczmarek has spent his career building, commissioning, and operating mines in 10 countries and has an impressive track record of operational excellence and strategic accomplishments. He has a degree in Mining Engineering from the Royal School of Mines, Imperial College, in London.
Howard Stevenson, President and Chief Executive Officer of Lydian, said, “We are very pleased to welcome Andy to our management team and look forward to working with him. His experience and leadership skills will be instrumental in the successful development of the Amulsar Gold Project and the operation of Lydian’s first gold mine.”
About Lydian International Limited
Lydian is a gold developer, focusing on construction at its 100%-owned Amulsar Gold Project, located in south-central Armenia. Amulsar presents an opportunity for a large-scale, low-cost operation with production expected to begin in 2018. Open pit mining and conventional heap leach processing contribute to excellent scale and economic potential. Amulsar will be Armenia’s largest gold mine, with estimated mineral resources containing 3.5 million measured and indicated gold ounces and 1.3 million inferred gold ounces. Gold production is targeted to average approximately 225,000 ounces annually over an initial 10-year mine life. Existing mineral resources and open extensions provide opportunities to improve average annual production and extend the life of mine. The Company is committed to good international industry practices in all aspects of its operations including production, sustainability, and corporate social responsibility.
Source: Lydian International Ltd.