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Cypress Development Corp: Cypress Development Enters LOI for the Purchase of Water Rights in Clayton Valley, Nevada

Cypress Development Corp: Cypress Development Enters LOI for the Purchase of Water Rights in Clayton Valley, Nevada
Cypress Development Corp. (
Frankfurt:
C1Z1) ( Cypress or the Company ) is pleased to announce that it has entered into a Letter Of Intent ( LOI ) with Intor Resources Corp. ( Intor ), a wholly owned subsidiary of Nevada Sunrise Gold Corp. ( Nevada Sunrise ), for the purchase of Intor s water rights in Clayton Valley, Nevada (the Transaction ). The Transaction is subject to the terms of the LOI and is a major milestone towards the fulfillment of the water supply requirements of Cypress Clayton Valley Lithium Project.
Terms of the LOI ....

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Investegate |Cypress Development Corp Announcements | Cypress Development Corp: Cypress Development Appoints Braam Jonker as Chief Financial Officer

Frankfurt:
C1Z1) (“Cypress” or “the Company”) is pleased to announce the appointment of Mr. Abraham (Braam) 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 served as CFO of Nevada Copper Corp, where he led the corporate finance functions as the company transitioned to project developer and into initial start-up of production. Prior to his appointment as CFO, he also served as Interim CEO and Non-Executive Director of Nevada Copper. Mr. Jonker has played a pivotal role in several business recoveries and restructurings, was a key team member in management and at the board level in the strategic growth of a number of public companies and has participated, raised and overseen the raising of more than $750 million in the form of equity and debt instrum ....

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Cypress Development Corp: Cypress Development Announces Further Advancement in Chloride Leaching for Clayton Valley Lithium Project in Nevada

Cypress Development Corp: Cypress Development Announces Further Advancement in Chloride Leaching for Clayton Valley Lithium Project in Nevada
Cypress Development Corp. (
rdand 16
th2020 news releases, the Company initiated an investigation into chloride-based leaching and the potential economic and environmental benefits over sulfide-based leaching. Progress to date indicates a positive alternative to a sulfate-based approach and merits consideration for the Company s upcoming pilot plant program.
Test work completed on 200- to 400-g samples of claystone used hydrochloric acid (HCl) and sodium chloride (NaCl) brine as the leach solution. Test results from this work determined the optimum parameters for leaching temperature, acid strength, and retention time. The data were used to conduct a test on a 33 kg sample of claystone which yielded greater than 81% extraction of the lithium into solution. The Company identifies this as a starting point for the pilot plant pr ....

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Investegate |Cypress Development Corp Announcements | Cypress Development Corp: Cypress Development Announces Further Advancement in Chloride Leaching for Clayton Valley Lithium Project in Nevada

Frankfurt:
C1Z1) (“Cypress” or “the Company”) 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 3
th 2020 news releases, the Company initiated an investigation into chloride-based leaching and the potential economic and environmental benefits over sulfide-based leaching. Progress to date indicates a positive alternative to a sulfate-based approach and merits consideration for the Company’s upcoming pilot plant program.
Test work completed on 200- to 400-g samples of claystone used hydrochloric acid (HCl) and sodium chloride (NaCl) brine as the leach solution. Test results from this work determined the optimum parameters for leaching temperature, acid strength, and retention time. The data were used to conduct a test on a 33 kg sample of claystone which yielded greater than 81% extraction of the lithium ....

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Cypress Development Receives Biological Report for Clayton Valley Lithium Project in Nevada

Frankfurt:
C1Z1) (“Cypress” or “the Company”) 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 diligence studies at the Project. The data will aid in the design of a feasibility-level plan-of-operations (POO) for the Project in coordination with the National Environmental Policy Act process to support an Environmental Assessment or Environmental Impact Statement. The 183-page report includes a habitat evaluation for the approximately 5,500-acre survey area, baseline survey methodologies and biological findings including any species of concern. ....

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