Cypress's initial resource estimate in accordance with NI 43-101 for the zinc-silver project in Nevada Gunman in order and sets out further mining rights

 

Cypress's initial resource estimate in accordance with NI 43-101 for the zinc-silver project in Nevada Gunman in order and sets out further mining rights

Vancouver (British Columbia). Cypress Development Corp. (TSX-V: CYP; OTC Pink: CYDVF; Frankfurt: C1Z) is pleased to announce, that an independent "technical report" as well as a resource estimate in accordance with National Instrument ("NI") 43-101 to the 100 Percent proprietary zinc-silver project Gunman in the northeast of Eureka (Nevada) has commissioned. The company is also in the process of, by staking to acquire additional adjacent mineral rights, to cover the potential north and south of the strike extensions of known high grade zinc-silver mineralization, which was discovered during the project Gunman. Cypress’ Zinc-silver project Gunman is located between the productive sections Carlin and Battle Mountain in White Pine County (Nevada).

Map of the zinc-silver project Gunman:

http://www.cypressdevelopmentcorp.com/s/Image.asp?i = Maps / nevada.gif

Don Huston, President von Cypress, said: "The Gunman project is a high quality asset of Cypress’ Portfolio and has significant exploration potential on. The company introduced the project three RC drill programs totaling approximately 38.000 Walking through and determined there significant levels of five to 33 Percent zinc and 0,5 to 15,0 Ounces of silver per tonne over significant widths. Due to the currently increasing demand and a looming supply shortage due to the closure of many large mines, the forecast for the zinc market is extremely positive world. To 2016 is a zinc requirement of over two million tons forecast, but at the moment only a few new zinc mines to be developed. We are of the opinion, that the price of this commodity will rise sharply and that the high content of near-surface zinc-silver project Gunman help, that Cypress and its shareholders may benefit from this potential price increase. "

Significant high-grade zinc-silver results in Gunman:

http://www.cypressdevelopmentcorp.com/s/Image.asp?i=Maps/holes.gif

Cypress commissioned Riverbend Geological Services with the creation of an independent "technical report" and a mineral resource estimate in accordance with NI 43-101 to the 100 Percent proprietary zinc-silver project in Nevada Gunman (USA).

The near-surface zone Gunman RH North is a new discovery, which was made by means of vertical holes in the overlying gravel deposits and in the underlying mineralized limestone. Subsequent work has been limited due to adverse market conditions, which is why numerous targets were not tested. The strike of the known zinc- and silbermineralisierten zones within the concession area Gunman spans about 4,200 Foot.

Further drilling is planned, to the high-grade zone RH to accurately describe and evaluate Gunman at nearby targets on strike. Cypress average in the last hole, the year 2007 in the context of out drilling 1.500 Foot had been drilled north-northeast, a zinc mineralization at a grade of about one percent. The levels in this well are similar to those, the on the east- and west side of the high grade Main Zone RH were measured. The mineralization is a Carbonatverdrängung and consists almost entirely of zinc oxide. When project Gunman there is considerable potential for the identification of a further high-grade zinc-silver mineralization.

Gunman bei Zinkoxidzonen, View to the west:

http://www.cypressdevelopmentcorp.com/s/Image.asp?i=Maps/gunmnprspc.gif

The mineralization in Cypress’ Concession area Gunman appears to be structurally controlled along a line extending to the north-northeast fault zone. Mineralization consists of very high grade zinc oxides and sulfides and silver, Arsenic, Gold and mercury and is located in bedrock of limestone from the Permian. Previously announced significant assay results from Cypress’ Drilling include zinc values ​​in the range of five to 30 Percent per ton and silver values ​​of 0,5 to 15 Ounces per ton on significant widths. In mineralized zones were also locally gold values ​​of over 0,035 Ounces per ton measured.

The Company also announces, that Cypress according to its stock option plan to certain directors, Officers, Employees and consultants incentive stock options to purchase a total of up to 11.977.000 Has issued common shares of the Company. These may within five years at a price of 0,05 $ be exercised per share. The stock options are subject to approval of the TSX Venture Exchange and shareholder approval for insiders of the company.

Über Cypress Development Corp.:
Cypress Development Corp. is a diversified precious- und Basic Metals Explorations- and development company with properties in Red Lake, Ontario (Canada) und in Nevada (USA).

Robert Marvin (P.Geo., CPG), Exploration Manager bei Cypress Development Corp., monitored in the Qualified Person as defined by National Instrument 43-101 both the project field work and the preparation of the technical information in this press release.

Um mehr über Cypress Development Corp. (TSX-V: CYP) learn to, please visit our website at www.cypressdevelopmentcorp.com.

FÜR DAS BOARD OF DIRECTORS:

“Don Huston”

DONALD C. HUSTON
President

For more information, please contact me or. an:

Don Myers
Director
Cypress Development Corp.
Phone: 604-687-3376
Toll-free: 800-567-8181
Fax: 604-687-3119
E-mail: info@cypressdevelopmentcorp.com

THE TSX VENTURE EXCHANGE NOR ITS REGULATION BODIES ASSUME NO RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS RELEASE.

This release includes certain statements, can be identified as "forward-looking statements". All statements in this release - other than statements of historical facts -, which relate to events or developments, expects the company's management, are forward-looking statements. Although management believes, that in such forward-looking statements include market expectations based on reasonable assumptions, such statements are not guarantees of future performance is. Actual results or developments may differ materially from those, The forward-looking statements to have been expressed. The company is not obligated, to update these forward-looking statements, if the assumptions, Should change estimates and opinions of management or other factors. Factors, which could contribute to, that actual results to differ materially from those in forward-looking statements as a, include market prices, Explorations- and development successes, the continued availability of capital and financing conditions in the economy, of the market or business. For more information, please see the Company's public announcements at www.sedar.com.

For the correctness of the translation is any liability assumed! Please note original English message!

Those: IRW-Press.com.

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