#cypressdevelopment

Updated metallurgical test work indicates 83% recovery rate at Clayton Valley

Cypress Development (CYP.V)and its partner, Lilac Solutions (a lithium extraction technology company) have reported on their most recent test work conducted on the clay-hosted lithium resource at Clayton Valley, Nevada. According to the recent results, approximately 83% of the lithium was recovered while 99% of the impurities were rejected. Both are important elements to ensure the economic…

Cypress Development completes Clayton Valley drill program

Cypress Development (CYP.V)is now in a straight line towards the finish line as the company has now completed its six hole drill program to do some infill drilling on a one square kilometer surface area where the southwestern portion of the pit has been planned. The infill program will give its independent consultants more data to use in the upcoming pre-feasibility study, which we expect will…

Cypress Development completes Glory Lithium property

Cypress Development (CYP.V)has completed yet another piece of the puzzle by acquiring a 100% stake in the Glory property in Nevada (which consists of 137 claims), after completing the requirements from a 2016 option agreement. The final payment consisted of 250,000 shares of Cypress as well as a payment of US$75,000 in cash. Additionally, the vendor of the property was given a 3% Net Smelter…