Drilling Returns Best Intersections yet of 135m at 2.3g/t Gold (Including 17m at 9.6g/t) and 71m at 3.1g/t Gold at Lydian's Amulsar Discovery in Armenia

New high-grade zone extends gold mineralization over a distance of at least 1km from Tigranes to Artavasdes prospect areas

• Press Release
• Source: Lydian International Ltd.
• On 8:00 am EST, Tuesday November 25, 2008

TORONTO, ONTARIO--(MARKET WIRE)--Nov 25, 2008 -- Lydian International Ltd. (Toronto:LYD.TO - News), a diversified U.K. mineral exploration and development company, today announced results from further drilling at its Amulsar gold discovery in Armenia. Results from a further 17 combined diamond and reverse circulation drill holes from the Tigranes area have been returned (Table 1, Appendix). Best results include:

- RCA-069, 135m at 2.3g/t gold (including 17m at 5.3g/t and 17m at 9.6g/t gold),

- RCA-070, 71m at 3.1g/t gold,

- RCA-071, 96m at 1.4g/t gold (including 20m at 3.2g/t gold),

- RCA-063, 111m at 1.1g/t gold (including 27m at 2.5g/t gold),

- RCA-065, 92m at 1.0g/t gold

Drill hole locations with projections of gold grade to surface are provided in Figure 1 below:

http://media3.marketwire.com/docs/lyd1125.pdf

"These drill results are from a newly identified high-grade zone at the southwest extent of the Tigranes area and are obviously very encouraging," said Tim Coughlin, Lydian's President and CEO. "It appears as though gold mineralisation is continuous from the Tigranes to Artavasdes prospect areas over a distance of at least 1km and remains open and untested towards the south. We are currently waiting for further drilling and channel sampling results from this year's programme before summary work and a preliminary resource estimate gets underway."

Amulsar is a high-sulphidation type epithermal gold project located in central Armenia. Lydian identified the gold bearing potential of the project in mid-2006, started initial drilling in 2007, and has just completed a 13,000m drill programme to test the bulk tonnage potential and confirm a gold resource. The Amulsar license is 95% owned by Lydian's wholly owned Armenian subsidiary (Geoteam CJSC). The project is currently being explored as part of a 50/50 joint venture with Newmont Overseas Exploration Limited, a wholly owned subsidiary of Newmont Mining Corporation (NYSE:NEM - News).

About Lydian International

Lydian is a diversified U.K. mineral exploration and development company, with expertise employing "first mover" strategies in emerging exploration environments. Currently the Company is focused on Eastern Europe developing advanced precious and base metal assets in Armenia and in Kosovo. The two main projects are gold at Amulsar in Armenia, and zinc, lead, silver and gold at Drazhnje in Kosovo. Lydian also has a pipeline of promising gold and base metal exploration projects in the Balkans region, and operates a 50/50 gold and copper exploration joint venture with Newmont Overseas Exploration Limited, a subsidiary of Newmont Mining Corporation in the Caucasus region.

Lydian's management team has a track record of success in grassroots discovery, in acquiring and developing undervalued assets, and in building companies. Lydian has a strong social agenda and a unique understanding of the complex social and political issues that characterise emerging environments. The two largest shareholders are Newmont Mineral Holdings B.V. (owned by Newmont Mining Corporation), and International Finance Corporation (part of the World Bank Group). More information can be found on Lydian's web site at www.lydianinternational.co.uk.

Dr Tim Coughlin, MAusIMM; is the Qualified Person overseeing Lydian's exploration programmes. Dr. Coughlin has supervised the preparation of the technical information contained in this press release.

Lydian employees are instructed to follow standard operating and quality assurance procedures intended to ensure that all sampling techniques and sample results meet international reporting standards. All assay work for the released results was carried out by ALS Chemex analytical laboratory in Rosia Montana, Romania, in Perth Australia, or in Vancouver, BC. Please see Lydian's web site for more information.

Forward-looking Information

Securities regulators encourage companies to disclose forward-looking information to help investors understand a company's future prospects. This press release contains statements about our future financial condition, results of operations and business. These are "forward-looking" because we have used what we know and expect today to make a statement about the future. Forward-looking statements usually include words such as may, expect, anticipate, believe or other similar words. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this press release. You should not place undue reliance on forward-looking statements. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations.

 

  TABLE 1, Interim Results from Drilling at Amulsar (intersections greater
                               than 1g/t gold)

----------------------------------------------------------------------------
                       Total Depth                  Intersection
Drill Hole Dip Azimuth          (m) From (m) To (m)           (m) Gold (g/t)
----------------------------------------------------------------------------
                                         13     15             2       1.21
                                    ----------------------------------------
                                         62     68             6       1.80
DDA-021    -60     300      147.20  ----------------------------------------
                                         89     92             3       3.54
                                    ----------------------------------------
                                        105    125            20       1.39
----------------------------------------------------------------------------
                                         45     56            11       2.15
DDA-022    -60     210      111.20  ----------------------------------------
                                         71     73             2       1.42
----------------------------------------------------------------------------
                                         46     61            15       1.06
                                    ----------------------------------------
DDA-023    -60      50      144.00       79     84             5       1.70
                                    ----------------------------------------
                                         91    139            48       1.05
----------------------------------------------------------------------------
RCA-059    -60     120      162.00       12     54            42       1.02
----------------------------------------------------------------------------
RCA-060    -60     120      108.00      No significant intersection greater
                                                             than 1g/t gold
----------------------------------------------------------------------------
                                         71     74             3       1.02
RCA-061    -60     120      150.00  ----------------------------------------
                                        102    105             3       1.07
----------------------------------------------------------------------------
                                         75     78             3       1.58
                                    ----------------------------------------
                                         99    115            16       1.04
RCA-062    -60     150      156.00  ----------------------------------------
                                        126    130             4       1.00
                                    ----------------------------------------
                                        141    144             3       1.14
----------------------------------------------------------------------------
RCA-063    -60     170      180.00        0    111           111       1.08
                                    ----------------------------------------
             Including                   71     98            27       2.47
----------------------------------------------------------------------------
                                         13     47            34       1.02
RCA-064    -60     300      126.00  ----------------------------------------
                                         49     51             2       1.12
----------------------------------------------------------------------------
                                          8    100            92       1.00
RCA-065    -60     330      108.00  ----------------------------------------
                                        104    106             2       1.01
----------------------------------------------------------------------------
                                         55     72            17       1.18
RCA-066    -60     120      132.00  ----------------------------------------
                                         85     96            11       1.00
----------------------------------------------------------------------------
                                         23     27             4       1.00
                                    ----------------------------------------
                                         60     63             3       1.08
RCA-067    -60     120      140.00  ----------------------------------------
                                         88     96             8       1.02
                                    ----------------------------------------
                                        110    117             7       1.02
----------------------------------------------------------------------------
RCA-068    -60     120      150.00      No significant intersection greater
                                                             than 1g/t gold
----------------------------------------------------------------------------
RCA-069(i) -60     210      140.00        3    138           135       2.26
                                    ----------------------------------------
                                          3     20            17       5.26
             Including              ----------------------------------------
                                         97    114            17       9.64
----------------------------------------------------------------------------
RCA-070    -60     210      100.00       29    100            71       3.05
----------------------------------------------------------------------------
                                          0      4             4       1.02
RCA-071    -60     210      154.00  ----------------------------------------
                                         52    148            96       1.37
                                    ----------------------------------------
             Including                   76     96            20       3.21
----------------------------------------------------------------------------
Cut-off 0.2g/t gold, maximum down-hole internal dilution 11m
All intersections are oxide gold, not true widths
(i)Internal dilution 13m

     Contacts:
     Lydian International Ltd.
     Tim Coughlin
     President and CEO
     +44 7717 204300
     Email: tim.coughlin@lydianinternational.co.uk
      
     Lydian International Ltd.
     Linda Montgomery
     VP Investor Relations
     (416) 214-4654
     Email: linda.montgomery@lydianinternational.co.uk
     Website: http://www.lydianinternational.co.uk