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Always do your own due diligence. We seek safe harbor.
Gold development darling turned dog's breakfast Lydian International (TSX:LYD) has been given a preliminary endorsement by the Armenian authorities for the alternative location of their proposed heap leach processing facility at the Amulsar gold project, the company said in a news release this morning.
Based on the speed in which the authorities have cooperated in the working group, it appears this project will go ahead. No need to jump in yet, as the major catalyst still remain later this year and into the first half of 2014 (revised feasibility study and permitting)