Cypress Files NI 43-101 Technical Report for Dean Lithium Project in Clayton Valley, Nevada
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC, Canada, V7Y 1K4
www.cypressdevelopmentcorp.com
TSX Venture Exchange Symbol: CYP
Email: [email protected]
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
NEWS RELEASE
February 21, 2018
Cypress Files NI 43-101 Technical Report for Dean Lithium Project
in Clayton Valley, Nevada
Vancouver, BC - Cypress Development Corp. (TSX-V: CYP) (OTCBB: CYDVF)
(Frankfurt: C1Z1) (“Cypress” or the “Company”) is pleased to announce, further to its
news release on February 7th, that the Company has filed a National Instrument 43 -
101 Technical Report on SEDAR for its 100%-owned Dean Clayton Valley Lithium
Project in Nevada.
Clayton Valley Project Location Map:
https://www.cypressdevelopmentcorp.com/site/assets/files/3548/cyp-clayton-topo-
satalite-small.jpg
The Technical Report on the geology and drilling of the Dean Project has been
completed and filed on SEDAR at www.sedar.com and is titled DEAN LITHIUM
PROJECT NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT, dated February
3, 2018, and prepared by Robert Marvin, B.Sc., PGeo.
The Report has also been posted on Cypress Development’s web site and can be
viewed here: https://www.cypressdevelopmentcorp.com/site/assets/files/3731/final-
final-feb-17-2018-tech-report-dean-project.pdf
Robert Marvin, B.Sc., PGeo, VP of Exploration and Director of Cypress Development
Corp., is the qualified person as defined by National Instrument 43 -101 and has
prepared and approved of the technical information in this report.
About Cypress Development Corp.:
Cypress Development Corp . is a publicly traded exploration company focused on
developing the Company’s 100%-owned Clayton Valley lithium project in the State of
Nevada, U.S.A.
Cypress' Dean & Glory Lithium Project is located immediately east of Albemarle’s
Silver Peak mine, North America’s only lithium brine operation. Recent exploration by
Cypress has discovered an extensive deposit of lithium-bearing claystone adjacent to
the brine field. With mineralization tested by drilling over a seven-kilometer trend, the
2
apparent size of the Dean & Glory deposit makes Clayton Valley a premier target that
has the potential to impact the future of lithium production in North America.
Cypress Development Corp. has approx. 54.5 million shares issued and outstanding.
To find out more about Cypress Development Corp. (TSX -V: CYP), visit our website
at www.cypressdevelopmentcorp.com.
CYPRESS DEVELOPMENT CORP.
DONALD C. HUSTON
President
For further information contact myself or:
Don Myers
Cypress Development Corp.
Director, Investor Relations
Telephone: 604-639-3851
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: [email protected]
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE
CONTENT OF THIS NEWS RELEASE.
This rele ase includes certain statements that may be deemed to be "forward -looking
statements". All statements in this release, other than statements of historical facts, that
address events or developments that management of the Company expects, are forward -
looking statements. Although management believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may differ materially
from those in the forward-looking statements. The Company undertakes no obligation to update
these forward -looking statements if management's beliefs, estimates or opinions, or other
factors, should change. Factors that could cause actual results to diffe r materially from those
in forward-looking statements, include market prices, exploration and development successes,
continued availability of capital and financing, and general economic, market or business
conditions. Please see the public filings of the Company at www.sedar.com for further
information.