ypress Development is pleased to announce that, due to strong interest, the Company is increasing the previously announced non-brokered private placement to up to $1,000,000 at a price of $0.18 per unit. Each Unit will consist of one common share of the Company and one transferable share purchase warrant, entitling the holder to purchase an additional common share at a price of $0.22 for a period of two years. Proceeds of [...]
Cypress Development Corp. announces a non-brokered private placement of up to $500,000 at a price of $0.18 per unit . Each Unit will consist of one common share of the Company and one transferable share purchase warrant, entitling the holder to purchase an additional common share at a price of $0.22 for a period of two years. Proceeds of the offering will finance the completion of a prefeasibility study for Cypress&rsquo [...]
Cypress Development Corp. and Lilac Solutions are pleased to announce the successful demonstration of high lithium recoveries for Cypress’ 100% held Clayton Valley Project in Nevada utilizing extraction processes developed by Lilac Solutions. Lilac Solutions is a lithium extraction technology company based in Oakland, California. Cypress’ Clayton Valley Project is located 215 miles southeast of Reno, Nevada [...]
Ellis Martin chats with Dr. William Willoughby of Cypress Development Corp. providing an update on the prefeasibility study for the company's large 100% owned Clayton Valley Lithium Project in Nevada. To view the Video Audio, please visit: http://www.abnnewswire.net/press/en/98370/Cypress About Cypress Development Corp.: Cypress Development Corp. is a publicly traded exploration company focused on developing the Company's [...]
Cypress Development Corp. is pleased to provide an update on its current Prefeasibility Study of the 100% owned Clayton Valley Lithium Project , Nevada and other corporate matters. Timing of the PFS, led by Ausenco Engineering Canada, Inc., was changed by minor variations in scope and completion of key components. One alteration was drilling, delayed by weather and additional footage, the results were announced in the [...]
Cypress Development Corp. is pleased to report assay results from its recently completed infill drilling program at the Company’s Clayton Valley Lithium Project in Nevada. The program which commenced in March is a critical step in the Prefeasibility Study currently underway with Ausenco Engineering Canada Inc., Global Resource Engineering and others. The target area for this phase of drilling was the southwest [...]
Cypress Development Corp. is pleased to report that its infill drilling program at the Company’s Clayton Valley Lithium Project in Nevada was completed. The program commenced in March and was a critical step in the prefeasibility study currently underway with Ausenco Engineering Canada Inc., Global Resource Engineering and others. The drilling was focused within a one-kilometer-squared area where six holes were [...]
Cypress Development Corp. announces that it proposes to issue to Willoughby & Associates, PLLC, a company controlled by William Willoughby, CEO of the Company, 85,905 common shares of the Company, at a price of $0.14 each for a total value of $12,026.70, as part of compensation for geotechnical services for the period January 1, 2019 to March 31, 2019, pursuant to the Consulting Agreement dated January 1, 2018. The [...]
Cypress Development Corp. is pleased to report the completion of the first phase of metallurgical testing in the prefeasibility study on the Company’s 100% held Clayton Valley Lithium Project in Nevada. The testing was successful in confirming the range of parameters used in the 2018 Preliminary Economic Assessment . The results demonstrate lithium extractions of 75 to 83% and sulfuric acid consumptions ranging from [...]
Cypress Development Corp. is pleased to provide an update on its legal proceedings against Centrestone Resources LLC , a Nevada limited liability company. As announced by Cypress in a January 31, 2019 press release, on January 22, 2019, the Company’s U.S. subsidiary, Cypress Holdings Ltd., filed a Complaint in the Fifth Judicial Court of the State of Nevada in and for the County of Esmeralda . The Company reports [...]
Cypress Development Corp. is pleased to announce that Ausenco Engineering Canada Inc. has been selected as the lead consultant for the Prefeasibility Study on the Company’s Clayton Valley Lithium Project in Nevada. Cypress is also pleased to announce that Global Resource Engineering will continue to consult on project metallurgy, resource estimation and mine planning. Ausenco Engineering has extensive experience in [...]
Cypress Development Corp. is pleased to report mobilization is underway for drilling on the Company’s Clayton Valley Lithium Project. The present drill program is an important data gathering component of the ongoing prefeasibility study and will concentrate on an area between previous drill holes GCH-06, DCH-04 and DCH-05. . The primary objectives are to upgrade and convert resources to reserves in developing the [...]
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