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Lithium Exploration Company Advancing Projects in Nevada
September 2017
7 km Zone of Strong Lithium Mineralization up to 3,800 ppm Li in highly soluble Mudstone Discovered at Surface
Forward Looking Statements
Some of the statements in this document may be deemed to be "forward-looking statements". All
statements on in this document, 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 differ 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.
Qualified Person
Robert Marvin, BSc., P.Geo., Director and VP of Exploration for Cypress Development is the
Qualified Person as defined by National Instrument 43-101 and supervised both the project field
exploration and the preparation of the technical information in this presentation.
Cypress Capital Structure
 TSX Venture Exchange Symbol: CYP
 US OTC Pink Symbol:
 Frankfurt Exchange Symbol:
CYDVF
C1Z1
 Shares Issued & Outstanding: 35.5 million
 Fully Diluted Shares Outstanding: 48.2 million
 Market Capitalization: $3.9 million
 Year End: December 31st
Management
 Donald C. Huston – Chairman, President
Don Huston serves as Chairman of the Board and as President of Cypress Development Corp. He has been associated
with the mineral exploration industry for over 30 years and has extensive experience as a financier and in-field manager
of numerous mineral exploration projects in North America. He was born and raised in Red Lake, Ontario and spent 15
years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral exploration consultants in northern Ontario,
Manitoba and Saskatchewan. Mr. Huston serves as a director of 5 Canadian public resource companies.
 William Willoughby, PhD, PE, - Director, CEO
Bill Willoughby, PhD, PE serves as a Director and Chief Executive Officer for Cypress Development Corp. Dr.
Willoughby is a mining engineer with 38 years of experience in all aspects of natural resources development. Since
2014, he has been principal and owner of consulting firm Willoughby & Associates, PLLC. Prior to that, he was
President and COO of International Enexco Ltd., which was acquired by Denison Mines in 2014. He previously held
various positions with Teck (Cominco). Dr. Willoughby has been a Professional Engineer since 1985 and received his
Doctorate in Mining Engineering & Metallurgy from the University of Idaho in 1989.
 Robert D. Marvin, BSc, P.Geo, - Director & VP of Exploration and Qualified Person
Bob Marvin, P.Geo., serves as a Director and VP of Exploration and Qualified Person for Cypress Development Corp.
He has been involved in mineral exploration and evaluation of lithium, gold, copper, zinc and uranium deposits
throughout the Americas as an employee and as an independent consultant. He graduated from the University of New
Mexico with a Bachelor of Science degree in geology in 1984. A third generation Nevada resource geologist, Bob has
learned the business from the field starting at an early age. Always keen to explore high grade deposits, Bob has been
involved in several successful gold-silver projects in Canada, most recently with Bayfield Ventures in the Rainy River
gold district in Ontario but also at Meliadine and in the Committee Bay Belt of the far north.
 James G. Pettit – Director, CFO
Jim Pettit serves as a Director and acting CFO of Cypress Development Corp. Mr. Pettit sits on the Boards of 6 public
resource companies and offers over 20 years of experience within the industry specializing in finance, corporate
governance, management and compliance. He specializes in the early stage development of private as well as public
companies. His background over the past 20 plus years has been focused primarily within the resource sector where he
has managed and directed junior resource companies through good times and bad. Jim was previously Chairman and
CEO of Bayfield Ventures Corp. which was bought by New Gold Inc. in January 2015.
Cypress Lithium Projects in Nevada
 Cypress' 1,520 acre Glory Lithium Mudstone / Brine Project is located in the heart of the Clayton
Valley lithium brine exploration area of Esmeralda County, Nevada. Cypress' highly prospective Glory
Lithium Project is located within a 0.5 mile (<1000m) south of current producing lithium brine wells
belonging to the Albemarle Silver Peak Mine. Cypress' Glory Project shares its western boundary with
the lithium brine resource area of Pure Energy Minerals Clayton Valley South project.
Planned drilling at Cypress' Glory Project will include shallow holes targeting a 1 1/2 by 3 kilometer long
zone of strong lithium mineralization up to 3,800 ppm Li (2.02% Li2CO3) in a highly soluble non-hectorite
mudstone discovered at surface as well as targeting lithium-rich brines.
 In September 2016, Cypress' reached an agreement to acquire a 100% interest in the 2,700 acre Dean
Lithium Mudstone Project located immediately adjacent to the Albemarle Silver Peak Mine on its west
boundary, Pure Energy Minerals project on its southwest boundary and Cypress' Glory Clayton Valley
Project on its southern boundary.
Recent surface and drill exploration by Cypress at the Dean Project discovered an extensive 80 to 100
metre-thick blanket of consistent mineralization in excess of 1,000 ppm lithium over a two by four
kilometer zone in a highly soluble uplifted mudstone.
Cypress Lithium Mudstone/Brine Projects in Nevada
Glory Lithium Project in Nevada
 Cypress Glory Clayton Valley Lithium Mudstone / Brine Project in Nevada is 1520 acres in size.
 Cypress Glory Project is located within .5 mile south of lithium brine wells belonging to the only
operating brine lithium mine in North America, the Albemarle (NYSE: ALB) Silver Peak Mine.
 Cypress’ Glory Lithium Project shares its western boundary with Pure Energy Minerals’ (TSX-V: PE)
lithium brine resource area on their Clayton Valley South project.
 2016 results show a 1 ½ by 3 kilometer Zone of north-south strike of lithium-rich outcropping mudstone
that assayed up to 3,800 ppm Li (2.02% Li2CO3) and averages approximately 1,500 ppm Li (0.80%
Li2CO3).
 Lab leach test results for extracting lithium directly from the mudstone showed an impressive average of
35% Li recovery using a plain water leach and 95% Li recovery using a dilute Aqua Regia process. This
work helps substantiates the potential to produce lithium directly from the mineralized mudstone with a
low cost and environmentally friendly approach without the need for costly mining and complex
treatments.
 The non-hectorite lithium-rich mudstone is believed to represent uplifted portions of the lake bed
stratigraphy within which the lithium brines of the basin are found and produced from.
 A planned drilling program at Cypress' Glory Clayton Valley project will include shallow holes targeting
the wide area of lithium-rich mudstone discovered at surface as well as targeting lithium-rich brines .
Glory Surface Mudstone Lithium Assay Results
 2016 Glory sampling programs returned the highest reported assay result for lithium at surface (3830
ppm Li) known by the Company to be publicly reported in Clayton Valley, Nevada.
 Glory sampling results show a 1 ½ by 3 kilometer zone of north-south strike of lithium-rich outcropping
mudstone that assay approximately 1,500 ppm Li (0.80% Li2CO3) on average.
 Results suggest a strong possibility of a continuously mineralized volume of a highly leachable lithium-
rich mudstone at surface on the Cypress Glory Clayton Valley Project in a position immediately east of
brine production wells at the Albemarle Silver Peak Mine and the lithium brine resource area of Pure
Energy Minerals’ Clayton Valley South project.
 A planned drilling program at Cypress' Glory Clayton Valley Project will include shallow holes targeting
the wide area of lithium-rich mudstone discovered in 2016 at surface.
October 2016 Glory
Project Mudstone
Sample Map
 Maximum lithium value in rock: 3,830
ppm (2.04% Li2CO3);
 Extended corridor of high lithium to 3km
long by more than 1km wide;
 9 Samples containing more than 2,000
ppm Li (>1.06% Li2CO3);
 71 Samples containing more than 1,000
ppm Li (>0.53% Li2CO3); and
 Anomalous boron (B) and potassium (K)
trends that correlate with the high Li
values.
Glory Lithium Leach Test Results of Mudstone
 Leach testing performed by ALS Chemex Lab in Reno on the feasibility of extracting lithium directly from
the mudstone showed an impressive average of 35% Li recovery using a water leach and 95% Li
recovery using a dilute Aqua Regia process.
 The lithium mineralization is contained within calcareous evaporite rocks, dominantly carbonate rich
lake-bed mudstone with interbedded volcanic ash units.
 The exposed mudstone are part of the basin filling Esmeralda Formation and are believed to represent
uplifted portions of the lake-bed stratigraphy within which the lithium brines of the basin are found and
produced.
 47 samples were selected for the leach test previously averaged 1334 ppm lithium (0.71% Li2CO3).
 The 47 selected samples averaged 1276 ppm Li (0.68% Li2CO3) using a dilute Aqua Regia leach.
 The dilute Aqua Regia leach method recovered an impressive 95% of the lithium on average compared
to the original assays.
 The data indicates that a non-hectorite, readily soluble mineral form of lithium-rich mudstone has been
discovered over a wide area at surface at Cypress’ Glory Clayton Valley project in Nevada.
 The leach test samples covered 2 kilometer strike length of exposed lithium mudstone mineralization.
 The goal of this work was to substantiate the potential to produce lithium directly from the mineralized
mudstone with a low cost and environmentally friendly approach without the need for costly mining and
complex treatments.
Glory Project Planned Drill Program
 Cypress has received a drilling permit from the BLM, Nevada covering a planned drill program targeting
the lithium-rich mudstone discovered in 2016 at surface on the Company's Glory Clayton Valley project.
 Additional deeper targets will also be tested including the potential presence of a coarse gravel aquifer
near the base of the basin fill evaporate sequence.
 The planned drilling program will also include shallow auger holes targeting the 3 kilometer long zone of
lithium-rich mudstone discovered in 2016 at surface.
 This shallow drilling should allow Cypress to begin to estimate size, lithium (Li) grade and tonnage in the
mudstone at its Glory Clayton Valley Project.
 Future drilling will also target lithium-rich brines within the Main Ash Aquifer projected to underlie the
west and west-central portion of Cypress' Glory Clayton Valley project.
 The Main Ash Aquifer projected to underlie the west and west-central portion of Cypress' Glory Clayton
Valley project. Cypress expects to intersect this zone at approximately 500 to 1,000 feet below surface.
 The surface sampling and reconnaissance geologic results received by Cypress to date are viewed as
being highly encouraging for the presence of lithium-rich brines within the subsurface aquifers below the
lithium-rich mudstone discovered in 2016 at surface.
Pure Energy Lithium Project Seismic Data
Dean Lithium Mudstone Project, Nevada
Dean Clayton Valley Brine/Mudstone Project, Nevada
 Cypress' 2,700 acre "Dean" Lithium Mudstone Project is located immediately adjacent to Albemarle's
Silver Peak lithium brine mine on the west boundary, Pure Energy Minerals project on its southwest
boundary and Cypress' Glory Lithium Mudstone / Brine Project on its southern boundary.
 Cypress' highly prospective Dean Project is located within 200 metres east of current producing
lithium brine wells belonging to the Silver Peak Mine operated by Albemarle.
 The Dean Lithium Project also abuts the Northern Resource Area of Pure Energy Minerals.
 The Dean Project claims are also tied onto the immediate north of Cypress' Glory Clayton Valley
Lithium Mudstone / Brine Project where a detailed aggressive work program is underway.
 Recent surface and drill exploration by Cypress at the Dean Project discovered an extensive 80 to
100 metre-thick blanket of consistent mineralization in excess of 1,000 ppm lithium over a two by
four kilometer zone in a highly soluble uplifted mudstone.
Phase 1 Dean Mudstone Lithium Assay Results
 In September 2016, Cypress initiated a Phase 1 detailed sampling program on the Company's new
Dean Project.
 55 samples were collected and submitted for analysis for lithium content from the abundant, green
evaporite-rich volcanoclastic mudstone exposure on the property.
 All assays returned very positive lithium results ranging between 340 ppm Li to 2,940 ppm Li with
an overall average grade of 925 ppm Li (0.49% Li2CO3) achieved.
 Initial surface sampling of the Dean Claims Group has revealed a large area of strong lithium
mineralization in calcareous, volcanoclastic, mudstone, claystone and volcanic ash units.
 The mineralization is essentially identical to Cypress’ Glory Project on the south boundary of the
Dean Claims.
 Cypress is proceeding with solubility studies with the Dean assays to determine the amount of
lithium extraction possible from the mudstone.
Dean Mudstone
Lithium Assay Results
.
 Maximum value in mudstone was 3,730
ppm lithium (1.98% Li2CO3 equivalent);
 8 samples assayed greater than 2000
ppm lithium (>1.06% Li2CO3 equivalent);
 29 samples assayed greater than 1000
ppm lithium (>0.53% Li2CO3 equivalent);
 An area of >2 square kilometers has
been identified as a new high-grade
zone;
 Zone is open for expansion to the north
and south;
 BLM permitting underway in preparation
for drilling of the new zone.
Dean Lithium-Rich Mudstone in Clayton Valley, NV
Clayton Valley Location & Infrastructure
 Well maintained state highways connect Silver Peak to the main road network in Nevada.
 Nevada has fostered a thriving mining industry with associated development expertise,
construction and operations services and a mature regulatory environment.
 Single best mining jurisdiction in the U.S. and ranked 3rd globally by the respected “Fraser
Institute’s annual Survey of Mining Countries”.
 Graded and maintained gravel roads link Silver Peak to the southern half of Clayton Valley.
 Nearest rail system is in Hawthorne, Nevada, approximately 90 miles by road.
 Public use airport in Tonopah with two runways.
 Electrical connection is possible at the sub-station in Silver Peak.
 Water supply is currently served by the Silver Peak municipal water supply.
Lithium Timing
 The energy storage revolution is generating high demand for lithium, with analysts forecasting demand
increases for the product (Li) in the near future.
 Battery giants are scaling up lithium-ion production with mega-factories and are actively acquiring the
raw material through off take agreements.
 Companies already producing lithium are attempting to increase production.
 Rockwood Holdings was purchased by Albemarle Corporation (NYSE: ALB) in 2014 for $6.2 billion USD.
This purchase included the Silver Peak lithium producer located in Clayton Valley, Nevada.
 July 2015, Pure Energy Minerals (TSX-V: PE) reported an inferred resource of 816,000 metric tonnes of
lithium carbonate equivalent in NI 43-101 technical report based on drilling two boreholes in there North
Resource Area of its claims.
 Tesla Motors is building a $5 billion battery gigafactory outside Reno, Nevada. A large amount of the
supply of lithium carbonate will have to come from Nevada production because of the major tax
incentives Tesla received ($1.3 billion tax incentives over the next 10 years for Tesla).
 Electric vehicles and energy storage has become a huge demand driver for the increased production in
Clayton Valley and for the exploration and discovery of more lithium deposits in Nevada.
Lithium Uses
 The most important use of lithium is in rechargeable batteries for mobile phones, laptops, digital
cameras and electric vehicles. Lithium is also used in some non-rechargeable batteries for things like
heart pacemakers, toys and clocks.
 Lithium metal is made into alloys with aluminium and magnesium, improving their strength and making
them lighter. A magnesium-lithium alloy is used for armour plating. Aluminium-lithium alloys are used in
aircraft, bicycle frames and high-speed trains.
 Lithium oxide is used in special glasses and glass ceramics. Lithium chloride is one of the most
hygroscopic materials known, and is used in air conditioning and industrial drying systems (as is lithium
bromide). Lithium stearate is used as an all-purpose and high-temperature lubricant. Lithium carbonate
is used in drugs to treat manic depression, although its action on the brain is still not fully understood.
Lithium hydride is used as a means of storing hydrogen for use as a fuel.
.Contact:
Don Huston – President
Don Myers – Director, Investor Relations
Suite 1610, 777 Dunsmuir Street
Vancouver, BC, V7Y 1K4, CANADA
Tel: (604) 687-3376
Fax: (604) 687-3119
info@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com

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Cypress Development Corp Corporate Presentation

  • 1. Lithium Exploration Company Advancing Projects in Nevada September 2017 7 km Zone of Strong Lithium Mineralization up to 3,800 ppm Li in highly soluble Mudstone Discovered at Surface
  • 2. Forward Looking Statements Some of the statements in this document may be deemed to be "forward-looking statements". All statements on in this document, 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 differ 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. Qualified Person Robert Marvin, BSc., P.Geo., Director and VP of Exploration for Cypress Development is the Qualified Person as defined by National Instrument 43-101 and supervised both the project field exploration and the preparation of the technical information in this presentation.
  • 3. Cypress Capital Structure  TSX Venture Exchange Symbol: CYP  US OTC Pink Symbol:  Frankfurt Exchange Symbol: CYDVF C1Z1  Shares Issued & Outstanding: 35.5 million  Fully Diluted Shares Outstanding: 48.2 million  Market Capitalization: $3.9 million  Year End: December 31st
  • 4. Management  Donald C. Huston – Chairman, President Don Huston serves as Chairman of the Board and as President of Cypress Development Corp. He has been associated with the mineral exploration industry for over 30 years and has extensive experience as a financier and in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral exploration consultants in northern Ontario, Manitoba and Saskatchewan. Mr. Huston serves as a director of 5 Canadian public resource companies.  William Willoughby, PhD, PE, - Director, CEO Bill Willoughby, PhD, PE serves as a Director and Chief Executive Officer for Cypress Development Corp. Dr. Willoughby is a mining engineer with 38 years of experience in all aspects of natural resources development. Since 2014, he has been principal and owner of consulting firm Willoughby & Associates, PLLC. Prior to that, he was President and COO of International Enexco Ltd., which was acquired by Denison Mines in 2014. He previously held various positions with Teck (Cominco). Dr. Willoughby has been a Professional Engineer since 1985 and received his Doctorate in Mining Engineering & Metallurgy from the University of Idaho in 1989.  Robert D. Marvin, BSc, P.Geo, - Director & VP of Exploration and Qualified Person Bob Marvin, P.Geo., serves as a Director and VP of Exploration and Qualified Person for Cypress Development Corp. He has been involved in mineral exploration and evaluation of lithium, gold, copper, zinc and uranium deposits throughout the Americas as an employee and as an independent consultant. He graduated from the University of New Mexico with a Bachelor of Science degree in geology in 1984. A third generation Nevada resource geologist, Bob has learned the business from the field starting at an early age. Always keen to explore high grade deposits, Bob has been involved in several successful gold-silver projects in Canada, most recently with Bayfield Ventures in the Rainy River gold district in Ontario but also at Meliadine and in the Committee Bay Belt of the far north.  James G. Pettit – Director, CFO Jim Pettit serves as a Director and acting CFO of Cypress Development Corp. Mr. Pettit sits on the Boards of 6 public resource companies and offers over 20 years of experience within the industry specializing in finance, corporate governance, management and compliance. He specializes in the early stage development of private as well as public companies. His background over the past 20 plus years has been focused primarily within the resource sector where he has managed and directed junior resource companies through good times and bad. Jim was previously Chairman and CEO of Bayfield Ventures Corp. which was bought by New Gold Inc. in January 2015.
  • 5. Cypress Lithium Projects in Nevada  Cypress' 1,520 acre Glory Lithium Mudstone / Brine Project is located in the heart of the Clayton Valley lithium brine exploration area of Esmeralda County, Nevada. Cypress' highly prospective Glory Lithium Project is located within a 0.5 mile (<1000m) south of current producing lithium brine wells belonging to the Albemarle Silver Peak Mine. Cypress' Glory Project shares its western boundary with the lithium brine resource area of Pure Energy Minerals Clayton Valley South project. Planned drilling at Cypress' Glory Project will include shallow holes targeting a 1 1/2 by 3 kilometer long zone of strong lithium mineralization up to 3,800 ppm Li (2.02% Li2CO3) in a highly soluble non-hectorite mudstone discovered at surface as well as targeting lithium-rich brines.  In September 2016, Cypress' reached an agreement to acquire a 100% interest in the 2,700 acre Dean Lithium Mudstone Project located immediately adjacent to the Albemarle Silver Peak Mine on its west boundary, Pure Energy Minerals project on its southwest boundary and Cypress' Glory Clayton Valley Project on its southern boundary. Recent surface and drill exploration by Cypress at the Dean Project discovered an extensive 80 to 100 metre-thick blanket of consistent mineralization in excess of 1,000 ppm lithium over a two by four kilometer zone in a highly soluble uplifted mudstone.
  • 6. Cypress Lithium Mudstone/Brine Projects in Nevada
  • 7. Glory Lithium Project in Nevada  Cypress Glory Clayton Valley Lithium Mudstone / Brine Project in Nevada is 1520 acres in size.  Cypress Glory Project is located within .5 mile south of lithium brine wells belonging to the only operating brine lithium mine in North America, the Albemarle (NYSE: ALB) Silver Peak Mine.  Cypress’ Glory Lithium Project shares its western boundary with Pure Energy Minerals’ (TSX-V: PE) lithium brine resource area on their Clayton Valley South project.  2016 results show a 1 ½ by 3 kilometer Zone of north-south strike of lithium-rich outcropping mudstone that assayed up to 3,800 ppm Li (2.02% Li2CO3) and averages approximately 1,500 ppm Li (0.80% Li2CO3).  Lab leach test results for extracting lithium directly from the mudstone showed an impressive average of 35% Li recovery using a plain water leach and 95% Li recovery using a dilute Aqua Regia process. This work helps substantiates the potential to produce lithium directly from the mineralized mudstone with a low cost and environmentally friendly approach without the need for costly mining and complex treatments.  The non-hectorite lithium-rich mudstone is believed to represent uplifted portions of the lake bed stratigraphy within which the lithium brines of the basin are found and produced from.  A planned drilling program at Cypress' Glory Clayton Valley project will include shallow holes targeting the wide area of lithium-rich mudstone discovered at surface as well as targeting lithium-rich brines .
  • 8. Glory Surface Mudstone Lithium Assay Results  2016 Glory sampling programs returned the highest reported assay result for lithium at surface (3830 ppm Li) known by the Company to be publicly reported in Clayton Valley, Nevada.  Glory sampling results show a 1 ½ by 3 kilometer zone of north-south strike of lithium-rich outcropping mudstone that assay approximately 1,500 ppm Li (0.80% Li2CO3) on average.  Results suggest a strong possibility of a continuously mineralized volume of a highly leachable lithium- rich mudstone at surface on the Cypress Glory Clayton Valley Project in a position immediately east of brine production wells at the Albemarle Silver Peak Mine and the lithium brine resource area of Pure Energy Minerals’ Clayton Valley South project.  A planned drilling program at Cypress' Glory Clayton Valley Project will include shallow holes targeting the wide area of lithium-rich mudstone discovered in 2016 at surface.
  • 9. October 2016 Glory Project Mudstone Sample Map  Maximum lithium value in rock: 3,830 ppm (2.04% Li2CO3);  Extended corridor of high lithium to 3km long by more than 1km wide;  9 Samples containing more than 2,000 ppm Li (>1.06% Li2CO3);  71 Samples containing more than 1,000 ppm Li (>0.53% Li2CO3); and  Anomalous boron (B) and potassium (K) trends that correlate with the high Li values.
  • 10. Glory Lithium Leach Test Results of Mudstone  Leach testing performed by ALS Chemex Lab in Reno on the feasibility of extracting lithium directly from the mudstone showed an impressive average of 35% Li recovery using a water leach and 95% Li recovery using a dilute Aqua Regia process.  The lithium mineralization is contained within calcareous evaporite rocks, dominantly carbonate rich lake-bed mudstone with interbedded volcanic ash units.  The exposed mudstone are part of the basin filling Esmeralda Formation and are believed to represent uplifted portions of the lake-bed stratigraphy within which the lithium brines of the basin are found and produced.  47 samples were selected for the leach test previously averaged 1334 ppm lithium (0.71% Li2CO3).  The 47 selected samples averaged 1276 ppm Li (0.68% Li2CO3) using a dilute Aqua Regia leach.  The dilute Aqua Regia leach method recovered an impressive 95% of the lithium on average compared to the original assays.  The data indicates that a non-hectorite, readily soluble mineral form of lithium-rich mudstone has been discovered over a wide area at surface at Cypress’ Glory Clayton Valley project in Nevada.  The leach test samples covered 2 kilometer strike length of exposed lithium mudstone mineralization.  The goal of this work was to substantiate the potential to produce lithium directly from the mineralized mudstone with a low cost and environmentally friendly approach without the need for costly mining and complex treatments.
  • 11. Glory Project Planned Drill Program  Cypress has received a drilling permit from the BLM, Nevada covering a planned drill program targeting the lithium-rich mudstone discovered in 2016 at surface on the Company's Glory Clayton Valley project.  Additional deeper targets will also be tested including the potential presence of a coarse gravel aquifer near the base of the basin fill evaporate sequence.  The planned drilling program will also include shallow auger holes targeting the 3 kilometer long zone of lithium-rich mudstone discovered in 2016 at surface.  This shallow drilling should allow Cypress to begin to estimate size, lithium (Li) grade and tonnage in the mudstone at its Glory Clayton Valley Project.  Future drilling will also target lithium-rich brines within the Main Ash Aquifer projected to underlie the west and west-central portion of Cypress' Glory Clayton Valley project.  The Main Ash Aquifer projected to underlie the west and west-central portion of Cypress' Glory Clayton Valley project. Cypress expects to intersect this zone at approximately 500 to 1,000 feet below surface.  The surface sampling and reconnaissance geologic results received by Cypress to date are viewed as being highly encouraging for the presence of lithium-rich brines within the subsurface aquifers below the lithium-rich mudstone discovered in 2016 at surface.
  • 12. Pure Energy Lithium Project Seismic Data
  • 13. Dean Lithium Mudstone Project, Nevada
  • 14. Dean Clayton Valley Brine/Mudstone Project, Nevada  Cypress' 2,700 acre "Dean" Lithium Mudstone Project is located immediately adjacent to Albemarle's Silver Peak lithium brine mine on the west boundary, Pure Energy Minerals project on its southwest boundary and Cypress' Glory Lithium Mudstone / Brine Project on its southern boundary.  Cypress' highly prospective Dean Project is located within 200 metres east of current producing lithium brine wells belonging to the Silver Peak Mine operated by Albemarle.  The Dean Lithium Project also abuts the Northern Resource Area of Pure Energy Minerals.  The Dean Project claims are also tied onto the immediate north of Cypress' Glory Clayton Valley Lithium Mudstone / Brine Project where a detailed aggressive work program is underway.  Recent surface and drill exploration by Cypress at the Dean Project discovered an extensive 80 to 100 metre-thick blanket of consistent mineralization in excess of 1,000 ppm lithium over a two by four kilometer zone in a highly soluble uplifted mudstone.
  • 15. Phase 1 Dean Mudstone Lithium Assay Results  In September 2016, Cypress initiated a Phase 1 detailed sampling program on the Company's new Dean Project.  55 samples were collected and submitted for analysis for lithium content from the abundant, green evaporite-rich volcanoclastic mudstone exposure on the property.  All assays returned very positive lithium results ranging between 340 ppm Li to 2,940 ppm Li with an overall average grade of 925 ppm Li (0.49% Li2CO3) achieved.  Initial surface sampling of the Dean Claims Group has revealed a large area of strong lithium mineralization in calcareous, volcanoclastic, mudstone, claystone and volcanic ash units.  The mineralization is essentially identical to Cypress’ Glory Project on the south boundary of the Dean Claims.  Cypress is proceeding with solubility studies with the Dean assays to determine the amount of lithium extraction possible from the mudstone.
  • 16. Dean Mudstone Lithium Assay Results .  Maximum value in mudstone was 3,730 ppm lithium (1.98% Li2CO3 equivalent);  8 samples assayed greater than 2000 ppm lithium (>1.06% Li2CO3 equivalent);  29 samples assayed greater than 1000 ppm lithium (>0.53% Li2CO3 equivalent);  An area of >2 square kilometers has been identified as a new high-grade zone;  Zone is open for expansion to the north and south;  BLM permitting underway in preparation for drilling of the new zone.
  • 17. Dean Lithium-Rich Mudstone in Clayton Valley, NV
  • 18. Clayton Valley Location & Infrastructure  Well maintained state highways connect Silver Peak to the main road network in Nevada.  Nevada has fostered a thriving mining industry with associated development expertise, construction and operations services and a mature regulatory environment.  Single best mining jurisdiction in the U.S. and ranked 3rd globally by the respected “Fraser Institute’s annual Survey of Mining Countries”.  Graded and maintained gravel roads link Silver Peak to the southern half of Clayton Valley.  Nearest rail system is in Hawthorne, Nevada, approximately 90 miles by road.  Public use airport in Tonopah with two runways.  Electrical connection is possible at the sub-station in Silver Peak.  Water supply is currently served by the Silver Peak municipal water supply.
  • 19. Lithium Timing  The energy storage revolution is generating high demand for lithium, with analysts forecasting demand increases for the product (Li) in the near future.  Battery giants are scaling up lithium-ion production with mega-factories and are actively acquiring the raw material through off take agreements.  Companies already producing lithium are attempting to increase production.  Rockwood Holdings was purchased by Albemarle Corporation (NYSE: ALB) in 2014 for $6.2 billion USD. This purchase included the Silver Peak lithium producer located in Clayton Valley, Nevada.  July 2015, Pure Energy Minerals (TSX-V: PE) reported an inferred resource of 816,000 metric tonnes of lithium carbonate equivalent in NI 43-101 technical report based on drilling two boreholes in there North Resource Area of its claims.  Tesla Motors is building a $5 billion battery gigafactory outside Reno, Nevada. A large amount of the supply of lithium carbonate will have to come from Nevada production because of the major tax incentives Tesla received ($1.3 billion tax incentives over the next 10 years for Tesla).  Electric vehicles and energy storage has become a huge demand driver for the increased production in Clayton Valley and for the exploration and discovery of more lithium deposits in Nevada.
  • 20. Lithium Uses  The most important use of lithium is in rechargeable batteries for mobile phones, laptops, digital cameras and electric vehicles. Lithium is also used in some non-rechargeable batteries for things like heart pacemakers, toys and clocks.  Lithium metal is made into alloys with aluminium and magnesium, improving their strength and making them lighter. A magnesium-lithium alloy is used for armour plating. Aluminium-lithium alloys are used in aircraft, bicycle frames and high-speed trains.  Lithium oxide is used in special glasses and glass ceramics. Lithium chloride is one of the most hygroscopic materials known, and is used in air conditioning and industrial drying systems (as is lithium bromide). Lithium stearate is used as an all-purpose and high-temperature lubricant. Lithium carbonate is used in drugs to treat manic depression, although its action on the brain is still not fully understood. Lithium hydride is used as a means of storing hydrogen for use as a fuel.
  • 21. .Contact: Don Huston – President Don Myers – Director, Investor Relations Suite 1610, 777 Dunsmuir Street Vancouver, BC, V7Y 1K4, CANADA Tel: (604) 687-3376 Fax: (604) 687-3119 info@cypressdevelopmentcorp.com www.cypressdevelopmentcorp.com