Cypress Development Corp. is pleased to announce that it has entered into a Letter Of Intent with Intor Resources Corp., a wholly owned subsidiary of Nevada Sunrise Gold Corp., for the purchase of Intor's water rights in Clayton Valley. The Transaction is subject to the terms of the LOI and is a major milestone towards the fulfillment of the water [...]
Cypress Development Corp. is pleased to announce the appointment of Mr. Abraham Jonker as Chief Financial Officer of the Company. Acting CFO James Pettit will continue to serve on the Board of Directors as a Non-Executive Director. Mr. Jonker is an accomplished financial leader in the mining industry with almost 30 years of experience. He recently [...]
Cypress Development Corp. announces that it has initiated the selection and purchasing of materials to commission a pilot plant and extraction facility for the lithium-bearing claystone from its Clayton Valley Lithium Project in Nevada. The pilot plant program is a required step in advancing the Clayton Valley Lithium Project to production. The [...]
Cypress Development Corp. is pleased to announce that it has closed its previously announced and upsized "bought deal" public offering of units of the Company with PI Financial Corp. as the sole underwriter and bookrunner . The Underwriter exercised the over-allotment option in full and as a result the Company issued a total of 15,640,000 Units at [...]
Cypress Development Corp. reports additional valuable advances in the Company's scoping-level study of chloride-based leaching to recover lithium from the claystone at its Clayton Valley Lithium Project. As described in the December 3rd and 16th 2020 news releases, the Company initiated an investigation into chloride-based leaching and the [...]
Cypress Development Corp. is pleased to report it received a Biological Baseline Report for the Company’s Clayton Valley Lithium Project. The report was prepared by consultants, Stantec Consulting Services Inc. of Reno, Nevada, and documents biological surveys conducted during 2020. The work was conducted in the course of environmental due [...]
Couloir Capital Ltd. is pleased to announce the initiation of research coverage on Cypress Development Corp. . The initial report is titled, "Pre-Feasibility Stage Lithium Asset with Robust Economics and Strong Offtake Potential." About Cypress Development Corp. Cypress Development is focused on developing the Company's 100%-owned Clayton Valley [...]
Cypress Development Corp. is pleased to report the first stage in the scoping level study into the extraction of lithium using chloride-based leaching is completed. This work consisted of preparation and acid leaching of a large sample from the Company’s Clayton Valley Lithium Project and was accomplished at Continental Metallurgical Services Inc [...]
Cypress Development Corp. reports it is initiating a scoping level study into the extraction of lithium using chloride-based leaching. This decision follows the test results reported in the Company’s November 24, 2020 news release. The data indicates a higher rate of lithium extraction in leaching claystone with hydrochloric acid than with sulfuric [...]
Cypress Development Corp. announces the Company has reached an agreement with Pasinex Resources Limited and Caliber Minerals Inc. to change the terms relating to the earn-in option agreement on Cypress’ Gunman zinc exploration property in Nevada, USA. The agreement extends the deadline to complete the conditions to earn an initial 51% interest in [...]
Cypress Development Corp. reports the completion of additional metallurgical testing following the positive Prefeasibility Study published on the Company’s 100%-owned Clayton Valley Lithium Project in Nevada, USA. The testing was conducted at Continental Metallurgical Services in Montana and NORAM Engineering in British Columbia, in preparation for [...]
Cypress Development Corp. is pleased to announce that it held its annual general meeting on October 14, 2020. The Company reports that William Willoughby, Donald Huston, James Pettit, Donald Myers and Amanda Chow were re-elected directors of the Company. Shareholders also approved the Company’s Shareholder Rights Plan , the re-appointment of [...]
