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    Cypress Development Corp.

    Disclaimer

    No material on aheadoftheherd.com should be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.

    Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within aheadoftheherd.com and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.

    Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within aheadoftheherd.com.

    Richard Mills owns shares in Cypress and the Company is an advertiser on AOTH. By virtue of ownership of the Company’s shares and it being an advertiser Richard Mills is biased in his views on the Company.

    Richard (Rick) Mills is not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and is not qualified to give financial advice.

    Always do your own due diligence.

    Always consult a registered investment professional before the purchase of any investment.

    ***

    http://www.cypressdevelopmentcorp.com/s/dean.asp

    http://www.cypressdevelopmentcorp.co...ytonValley.asp
    Last edited by rick; January 20th, 2018, 08:01 AM.

    #2
    CYP - V ATS 28.5 0.165 · 0.17 162.5 0.165 +0.025 17.9 567.8 87 48 0.14 0.17 0.14 0.15 0.08 12:08:07 Oct 05 realtime
    TSX-V - V 28.5 0.165 · 0.17 162.5 0.165 +0.025 17.9 567.3 87 47 0.14 0.17 0.14 0.15 0.08 12:08:07 realtime
    NEO - U 0.16 +0.02 14.3 0.5 0 1 0.16 0.16 0.16 11:24:33 15 min

    Comment


      #3
      Similar to our project but imo our clays might more be amendable, less acid hungry, to leaching. Check out the share structure and market cap

      http://www.globalgeo.com.au/wp-conte...alifornia-.pdf

      Comment


        #4
        Are you in on the PP? Do you know if they are still accepting subscriptions?

        thanks

        Comment


          #5
          My understanding is it's closed.

          Rick
          Last edited by rick; January 7th, 2018, 08:49 AM.

          Comment


            #6
            Good entry and a good pick, at least given the current info available. I tied to get in on the PP yesterday but it was too late.

            Somehow it does not feel as "sticky" as IME. So the inevitable downturn following the PP could be material.

            Anyways good luck.

            Comment


              #7
              CYPRESS CLOSES NON-BROKERED PRIVATE PLACEMENT FINANCING

              Further to its news releases of Sept. 13, Sept. 20, Oct. 2 and Oct. 5, Cypress Development Corp. has closed its non-brokered private placement and issued 14,164,840 units at a subscription price of 10 cents per unit for gross proceeds of $1,416,484. Each unit consists of one common share of the company and one share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the company at a price of 13 cents for a period of two years following the issuance date of the warrant.

              Finder fees totalling 455,700 warrants and $45,570 cash were paid to several finders in connection with a portion of the private placement. The warrants issued to finders have the same terms as the warrants issued to subscribers.

              A total of 1,161,870 units were issued to related parties, being senior officers and directors of the issuer, representing 4.88 per cent undiluted and 5.61 per cent fully diluted as to the total number of common shares of the company issued and outstanding.

              All the units and the warrants are subject to a statutory hold period of four months and one day from the issuance date thereof.

              The company intends to use the proceeds from the private placement to complete a drilling program on Cypress's 100-per-cent-held Dean and Glory lithium projects in Clayton Valley, Nevada, and for general working capital purposes.

              About Cypress Development Corp.

              Cypress Development is a publicly traded lithium and zinc exploration company that continues to acquire and develop potentially viable mineral projects in the state of Nevada.

              Comment


                #8
                There is no doubt that there is a massive amount of lithium mineralized non-hectorite claystone on CYP's Dean & Glory properties.

                There's also no doubt it's highly soluable.

                The way its been explained to me is Bill and a friend were looking at CYP's Zinc/silver project when Bill became interested in their lithium assets.

                Apparently there is a lot of Zeolite in the claystone, Zeolite is what the Greeks called 'boiling stone.' It goes off like alka seltzer when dropped in the proper reagent.

                What Bill is looking to do is an ion exchange. The lithium ions are in the claystone/zeolite so dump the zeolite in the reagent and the Li ions exchange or transfer to the solution.

                Now you have a "synthetic brine' you have to get the lithium out of. There are quite a few different processes to do this, its Bills job, and the labs, to figure out how CYP is going to do it.

                The Dean showing has results in excess of 1,000 ppm lithium over a 4 kilometer-long zone in a highly soluble non-hectorite claystone.

                The Glory showing has results up to 3,800 ppm lithium over a 3 kilometer-long zone in a highly soluble uplifted lakebed claystone outcropping at surface.

                You either get it, or you don't.

                Rick
                Last edited by rick; January 7th, 2018, 08:52 AM.

                Comment


                  #9
                  For anyone interested in a long read on lithium havw a look here:
                  http://digicoll.manoa.hawaii.edu/tec...F/USBM-691.pdf

                  You're right Rick, the economics are key with this type of deposit.

                  Comment


                    #10
                    Cypress Development Corp. has commenced drilling on its Clayton Valley lithium project, located just east of Albemarle's Silver Peak lithium brine operation in the heart of Clayton Valley.

                    Cypress plans to drill 12 holes totalling 4,000 feet of NQ-size core. The 2017 fall program will be divided between Cypress' contiguous Glory and Dean claim blocks, which cover an area totalling 4,220 acres and are 100% controlled by Cypress. Drilling will be completed by Morningstar Drilling of Three Forks, Montana. A drill is at the site and the first hole was collared on the Dean claims.

                    To date, all of Cypress' drilling has been on the Dean claims, where a 9-hole program was completed earlier this year. All nine holes encountered significant values within claystone, which ranged up to 1790 ppm lithium and averaged 900 ppm lithium (or 0.48% Lithium Carbonate Equivalent) throughout the average drill-depth of 243 feet for all nine holes. The program covered a large area, measuring roughly 12,000 feet in length by 4,000 feet in width, and the lithium-bearing claystone is considered open in all directions.

                    Immediately south of the Dean claim block extensive sampling by Cypress on the Glory claims has identified lithium mineralization in surface exposures of claystone which ranged up to 3,800 ppm over 9,500 feet along the same trend encountered on the adjoining Dean claims.

                    Cypress believes its claystone deposit in Clayton Valley has the potential to contain a significant resource of lithium, and may have physical and logistical features that could make it a productive, long-term source of lithium. Cypress remains very active in Nevada, with its geological team focused on systematically exploring its properties for lithium. In addition to the ongoing drilling program, Cypress is continuing studies to determine the exact nature and distribution of the lithium mineralization in the claystone, and identify an effective means of extraction.

                    About Cypress Development Corp.:

                    Cypress Development Corp. is a publicly traded lithium and zinc exploration company that continues to acquire and develop potentially viable mineral projects in the State of Nevada, U.S.A.

                    Comment


                      #11
                      Bacanora Minerals Ltd
                      Symbol C : BCN
                      Shares Issued 132,789,872
                      Close 2017-10-19 C$ 1.31
                      Bacanora receives environmental approval for Sonora

                      2017-10-20 06:29 PT - News Release

                      Mr. Peter Secker reports

                      BACANORA ANNOUNCES ENVIRONMENTAL APPROVAL FOR SONORA LITHIUM PROJECT, MEXICO AND PROVIDES UPDATE

                      Bacanora Minerals Ltd.'s environmental impact statement, the Manifestacion de Impacto Ambiental (MIA), for its flagship Sonora project in Mexico has been approved by SEMARNAT, the environment ministry of Mexico. The company is also pleased to provide an update on its ongoing feasibility study for a 35,000-tonne-per-annum lithium carbonate operation at Sonora, which is on course for completion in late 2017.

                      Overview

                      The MIA has approved a 35,000-tpa lithium carbonate operation at Sonora, following completion of comprehensive environmental and social baseline studies carried out over the site during a two-year period. This approval represents a major milestone for Bacanora and is in line with its strategy to construct an open-pit mine and a large-scale beneficiation processing facility at Sonora.

                      The feasibility study is expected to confirm Sonora occupies a favourable position in the industry cost curve due to:
                      • Planned open pit-mining operations;
                      • Development of a conventional beneficiation process followed by a standard sulphate (SO4) roasting process that has been derisked by the project's pilot plant which has continuously produced battery-grade lithium since May, 2016;
                      • Free digging lithium deposit which removes the need for the lithium ore to be drilled, blasted, crushed and ground prior to processing as is the case with hard rock;
                      • Ability to recycle sodium sulphate (Na2SO4) into the roaster negates the requirement to purchase expensive sulphuric acid as a sulphate SO4 source.

                      Sonora has an indicated mineral resource (established in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects) of 4.5 million tonnes lithium carbonate equivalent (1) and 2.7 million tonnes inferred (2) and probable mineral reserves (based upon the 2016 prefeasibility study (3)) of 2.1 million tonnes LCE.

                      Bacanora's chief executive officer, Peter Secker, said: "Government approval for the environmental impact statement is the latest key requirement that is now in place at Sonora. One-by-one we are ticking off our checklist ahead of our goal of developing Sonora into a world-class lithium operation. Our work to date has already established Sonora as a large and scalable project; while our pilot plant at Sonora has been producing battery-grade lithium carbonate on a continuous basis for the past 18 months. This has served to prove the detailed flow sheet and metallurgical process that will be deployed at the project, and has also helped to secure Hanwa as both a strategic and offtake partner for up to 100 per cent of production."

                      "We are confident that Sonora remains on course to help meet expected strong growth in demand for lithium carbonate from fast-growing industries such as electric vehicles and battery storage. I look forward to providing further updates on our progress, as we focus on transforming Bacanora into a producer of battery-grade lithium carbonate."

                      About Bacanora Minerals Ltd.

                      Bacanora is a Canadian and London listed lithium exploration and development company. The company is exploring for, and developing a pipeline of, international lithium projects, with a primary focus on the Sonora lithium project. The company's operations are based in Hermosillo in northern Mexico. The company is led by a team with lithium expertise and proven mine development, construction and operations experience.

                      Comment


                        #12
                        Hole 2 on Dean was completed to 238 feet. All hole 2 core will be ready to ship to lab this afternoon.

                        Moving onto hole 3 today.

                        Rick

                        Comment


                          #13
                          Market likes something, that's for sure. Nice buy on the pp Rick. Hope it's still humming along in 4 months!

                          Comment


                            #14
                            Is that an iceberg buyer running this thing?

                            Comment


                              #15
                              Stockhouse Re Stock Options

                              Stock option plans have to be approved by shareholders. CYP's is approved and these most recent are set at .18. We have money in the bank, we're drilling, we have metallurgical results coming, we're lithium in Nevada and in the hottest sector out there.

                              I know the deposit is massive, I can see the grades from previous work compare favorably with original production numbers from the existing Li mine in the area, everybody else can see the same numbers.

                              What I'm waiting for is metallurgy news.

                              This is a metallurgy play. Good news on that front and even options priced at almost 100% above the last financing, which just closed, are going to seem, imo, like a very good deal.

                              Time will tell all.


                              rick
                              Last edited by rick; January 7th, 2018, 08:53 AM.

                              Comment

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