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Cypress Development Corp.

Cypress Development Corp.

Sector: Gold Ores Region: Canada


: | 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.

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Executives

Donald C. Huston, President & CEO, Director
Don Huston serves as a Director and as President and Chief Executive Officer of Cypress Development Corp. Mr. Huston has been associated with the mineral exploration industry for over 30 years and has extensive experience as a financier and in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral exploration consultants in northern Ontario, Manitoba and Saskatchewan. Mr. Huston serves as a director of four Canadian public resource companies.
James G. Pettit, Director, CFO
Jim Pettit serves as a Director and acting Chief Financial Officer of Cypress Development Corp. Mr. Pettit is currently serving on the board of directors of five publicly traded companies and offers over 25 years of experience within the industry specializing in finance, corporate governance, executive management and compliance. Jim was previously Chairman and CEO of Bayfield Ventures Corp. which was bought by New Gold Inc. in January 2015.
Donald G. Myers, Director
Don Myers serves as a Director of Cypress Development Corp. He has over twenty years of experience in public company management and corporate communications working with companies listed on the TSX Venture, NASDAQ, and Toronto Stock Exchanges. Mr. Myers background includes holding the position of Director and Officer of several junior public companies listed on the TSX Venture Exchange.
Amanda Chow, CMA, Director
Amanda Chow serves as an independent Director of Cypress Development Corp. Ms. Chow is a Certified Management Accountant (CMA) and a graduate of Simon Fraser University where she earned her Bachelor of Business Administration degree. She began working with public companies in 1999.
Robert Marvin, P.Geo, CPG., Director, VP of Exploration
Bob Marvin, P.Geo., serves as a Director and as V.P. of Exploration and Community Relations for Cypress Development Corp. and is a Qualified Person. Mr. Marvin has been involved in mineral exploration and evaluation of lithium, gold, copper, zinc and uranium deposits throughout the Americas as an employee and as an independent consultant. He graduated from the University of New Mexico with a Bachelor of Science degree in geology in 1984.

A third generation Nevada resource geologist, Bob has learned the business from the field starting at an early age. Always keen to explore high grade deposits, Bob has been involved in several successful gold-silver projects in Canada, most recently with Bayfield Ventures in the Rainy River gold district in Ontario but also at Meliadine and in the Committee Bay Belt of the far north.

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