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Cypress Development Corp.

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  • #16
    Hit .27 today.

    rick

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    • #17
      CYPRESS DRILLS 102.7 METERS OF 1029 PPM LITHIUM IN CLAYTON VALLEY, NEVADA

      Cypress Development Corp. has released results from the company's first three holes completed in its fall 2017 drill program at its 100-per-cent-owned Dean and Glory lithium properties in Clayton Valley, Nevada. The results include an intersection of 102.7 metres of 1,029 parts per million lithium within DCH-11 on the Dean property.

      Cypress has completed five core holes in its fall program on the Dean property. The results summarized here are from the first three holes, DCH-10, -11 and -12. Results from the remaining holes on Dean are expected in December and will help in determining where additional drilling is needed. In the meantime, as previously announced, the drill rig was moved south onto the adjoining Glory property where drilling is continuing and seven holes are planned.

      Dean drilling highlights:
      • The intersection in DCH-11 of 102.7 metres of 1,029 ppm Li demonstrates continuity over a large thickness of claystone which extends north from the south end of Dean.
      • DCH-10, 400 metres to the southeast of hole DCH-11, intersected 63.5 metres of 1,014 ppm Li. The hole was abandoned due to ground conditions and ended in 1,068 ppm Li. Mineralization here remains open at depth and to the east.
      • DCH-12, 400 metres northwest of DCH-11, intersected 62.8 metres averaging 677 ppm Li. The hole further demonstrates continuity of mineralization in the claystone, which remains open to the west and north.
      • In DCH-10, dark green to black ash-rich mudstones were encountered at a depth of 53.4 metres, which averaged 1,367 ppm Li over 10 metres and included one metre of 2,240 ppm Li. This is the first time Cypress has encountered these dark mudstones in drilling.
      • DCH-11 included an interval of consistently higher grades over 36.9 metres, starting at a depth of 8.2 metres. Samples here averaged 1,308 ppm Li over 36.9 metres and suggest a higher-grade zone may exist within the overall northeast trend.
      • All holes to date clearly show a large, tabular, lithium-bearing formation underlying the Dean property.
      • Drilling has outlined a large area of mineralization of approximately four kilometres in length and two kilometres in width at Dean.
      • Laboratory work continues to test the solubility of the lithium-enriched claystone under varying conditions and reagents.




      SUMMARY OF DEAN DRILL HOLES DCH 10, 11 AND 12 Lithium values Drill hole From To Length Min Max Avg (m) (m) (m) (ppm) (ppm) (ppm) DCH-10 0.8 64.3 *63.5 482 2,240 1,014 includes 53.4 63.4 10.0 1,048 2,240 1,367 DCH-11 0.3 103.0 102.7 546 1,737 1,029 includes 8.2 45.1 36.9 1,101 1,737 1,308 DCH-12 0.6 63.4 62.8 475 992 677 * DCH-10 ends in 1,068 ppm Li.


      The fall 2017 program was planned for 12 to 14 drill holes, up to 1,500 metres of core. All holes are vertical and drilling to be divided between Cypress's contiguous Dean and Glory properties. The properties cover an area totalling 4,220 acres and are 100 per cent controlled by Cypress. Drilling is now under way on Glory.

      Cypress believes its lithium-bearing claystone deposit in Clayton Valley, which is located due east of Albemarle's Silver Peak lithium brine operation, has the potential to become a significant source of lithium. Cypress is very active in Nevada, with its geological team focused on systematically exploring its properties for lithium. In addition to the drilling in progress, Cypress is continuing with laboratory testwork to determine the nature and distribution of the lithium in the claystone with the goal of identifying a cost-effective means of extraction.

      Robert Marvin, BSc, PGeo, vice-president of exploration and director of Cypress Development, is the qualified person as defined by National Instrument 43-101 and has approved of the technical information in this release.

      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.

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      • #18
        http://www.mining.com/web/bacanora-m...ake-agreement/

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        • #19
          5 early-stage lithium plays to capitalize on exploding EV growth

          http://aheadoftheherd.com/Newsletter...ium-plays.html

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          • #20
            New Corp Presentation

            https://www.slideshare.net/Companysp...ation-85676235

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            • #21
              CYPRESS DRILLS 107 METERS OF 1134 PPM LITHIUM, EXPANDS MINERALIZED ZONE IN CLAYTON VALLEY, NEVADA

              Cypress Development Corp. has released results from two more core holes from the company's Clayton Valley, Nevada, drill program. Today's results include an intersection of 107 metres of 1,134 parts per million lithium within hole DCH-13 and 76 m of 733 ppm Li within hole DCH-14, both located on the Dean property. Hole DCH-13 represents one of the longest and higher-grade drill results from the property to date as Cypress continues to expand the lithium mineralized zone.

              Drilling highlights:
              • The intersections reported are the weighted average of all core recovered in each hole, from surface to the end of the hole. The results continue to demonstrate the presence of lithium mineralization over a large thickness of claystone.
              • The two holes are located in between the fence of holes in DCH-10, -11 and -12, to the southwest and DCH-09, to the northeast, and support the observed continuity of mineralization over a long northeast trend, extending approximately four kilometres in length and two kilometres in width across the Dean property.
              • In DCH-13, the lithium values increased at depth, starting 24.8 m below surface, and averaging 1,206 ppm Li over 88.4 m.
              • DCH-13 ended in 3.0 m of 912 ppm Li. The hole was terminated due to operating constraints and remains open at depth.
              • The grade increase was observed coincident with a redox boundary, where material above the boundary is oxidized and light grey in color, and material below the boundary is reduced and dark grey and green to black in colour. This redox boundary has been observed at similar depth from surface in other drill holes.
              • Drilling in the fall 2017 program has been completed, with four holes drilled on the Glory property to the south. Results from these holes are anticipated later in the month.




              SUMMARY OF DEAN DRILL HOLES DCH 13 AND 14 Intersection (m) Lithium values (ppm Li) Drill hole From To Length Min Max Avg. DCH-13 5.5 112.2 106.7 588 1,828 1,134 includes 24.8 112.2 88.4 728 1,828 1,206 includes 42.6 74.9 32.3 1,014 1,828 1,481 DCH-14 2.9 78.6 75.7 442 1,023 733


              Laboratory test work

              Extraction studies are under way to determine the solubility of the lithium and other mineral constituents within the claystone. Representative samples of oxidized and reduced material from DCH-05 were delivered to SGS in Lakefield, Ont. These initial bench-scale scoping tests revealed moderate extractions of lithium in sulphuric acid solution, increasing to 74 per cent in both sample types with increasing temperatures. The extractions were achieved with relatively low additions of sulphuric acid for lithium-bearing claystone deposits, measured at a rate of 140 kilograms to 170 kg of acid per tonne of material. The results are encouraging and clearly indicate that the extractions and acid consumptions of Cypress's Clayton Valley claystone are significantly better than seen in refractory claystone deposits. Further test work is under way to improve the results by refining the leach conditions, checking for any mineralogical variability across the properties, and determining methods of recovery of the lithium from the leach solutions.


              SUMMARY OF LEACH TESTS Test Sample Head assay Temp Li extraction ID ID (ppm Li) (C) (%) OL-02 Oxidized 860 room 39 RL-02 Reduced 1,100 room 55 OL-06 Oxidized 860 80 74 RL-06 Reduced 1,100 80 74


              Samples were ground to minus 10 mesh and leached with a solution of 5 per cent sulphuric acid for four hours at 10 per cent solids. The leach solution was monitored but no additional sulphuric acid was required to maintain the pH below 1.0. The mixture was then filtered and rinsed and residue and solutions submitted for assay.

              Resource definition

              The company is reviewing drill results. Additional holes are planned for the first quarter of 2018 to infill and connect the Dean and Glory areas of drilling. The company anticipates the further work will support a resource estimation and preliminary economic assessment (PEA) upon completion of the drilling, metallurgical studies and gathering necessary economic data.

              Cypress believes its lithium-bearing claystone deposit in Clayton Valley, which is located due east of Albemarle's Silver Peak lithium brine operation, has the potential to become a significant source of lithium. The company is working to advance the project into development by following its program of exploration drilling and metallurgy. Cypress is very active in Nevada, with its geological team focused on systematically exploring its properties for lithium.

              Robert Marvin, BSc, PGeo, vice-president of exploration and director of Cypress Development, is the qualified person as defined by National Instrument 43-101 and has approved of the technical information in this release.

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              • #22
                Trumpís Executive Order On Critical Minerals & A Cypress Development Corp Drill Program Update

                http://www.juniorstockreview.com/201...rogram-update/

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                • #23
                  Exciting New #Lithium Assays at Cypress Development Corp

                  http://www.stockhouse.com/companies/...ostid=27339115

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