| TSX Venture Exchange: CYP
Cypress Development Corp. (TSX-V: CYP) is a publicly traded lithium and zinc exploration company advancing projects in the State of Nevada, U.S.A.
The Company's flagship Dean and Glory Claystone / Brine Projects are located in the heart of the Clayton Valley lithium production and exploration area of Esmeralda County, Nevada.
Cypress' Dean Project is located to the immediate east of lithium brine wells belonging to the Albemarle Silver Peak Mine with Cypress' Glory Project located to the immediate south. Surface and drill exploration by Cypress at the Project discovered up to a 100 meter-thick blanket of consistent mineralization in excess of 1,000 ppm lithium over a 4 kilometer-long zone in a highly soluble non-hectorite claystone.
The Company's Glory Project shares its western boundary with the resource area of Pure Energy Minerals brine project. Extensive sampling by Cypress at the Project identified strong mineralization up to 3,800 ppm lithium over a 3 kilometer-long zone in a highly soluble uplifted lakebed claystone outcropping at surface.
Cypress Development believes this new lithium source has the potential scale to significantly impact the future production of lithium in the Clayton Valley. The developing zone at the Company's Dean and Glory Projects could well represent a long-term reliable supply of lithium, given the location, known size, chemistry and geometry of the discovery.