| 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.
Cypress' flagship Dean and Glory Lithium Brine/Mudstone Projects are located in the heart of the Clayton Valley lithium exploration area of Esmeralda County, Nevada.
The Company's 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 and Advantage Lithium/Nevada Sunrise's project located to the immediate north. Extensive surface sampling at Cypress' Dean Project has identified strong mineralization up to 3,700 ppm lithium in a highly soluble uplifted lakebed mudstone in the 2 square kilometer Frontera Verde Zone.
Cypress' Glory Project shares its western boundary with the lithium brine resource area of Pure Energy's Clayton Valley South project. Extensive sampling at Cypress' Glory Project has identified strong mineralization up to 3,800 ppm lithium in a highly soluble uplifted lakebed mudstone in a wide 3 kilometer long zone discovered at surface. Cypress' Glory Clayton Valley Project is under option to Pure Energy Minerals with Cypress remaining the project operator until Pure Energy earns a 51% interest. The agreement allows the Company to advance its Glory Brine/Mudstone Project while working with and utilizing the geological expertise of the Pure Energy team.
Cypress Development's mission is to increase shareholder value by developing mineral exploration projects near world-class deposits that have the potential of becoming new low cost producers.