Cypress Development announces that the Board of Directors has approved a name change of the Company from Cypress Development Corp. to Century Lithium Corp. The Company will also change the ticker symbol upon which it trades on the TSX Venture Exchange. The Company will issue a further news release announcing the date that trading under the new name, symbol and CUSIP number will commence. The name change remains subject to [...]
Cypress Development Corp. is pleased to provide a progress update on its ongoing Feasibility Study being conducted on the Company's Clayton Valley Lithium Project and on its operational Lithium Extraction Facility in Amargosa Valley. Highlights The Pilot Plant continues to function as designed, working to optimize the Project's flowsheet. The Plant leaches lithium-bearing claystone material, through to the production of [...]
Cypress Development Corp. is pleased to announce the selection of thyssenkrupp nucera USA, Inc. to provide the design and engineering for the chlor-alkali plant as part of the ongoing Feasibility Study on the Company's Clayton Valley Lithium Project. The chlor-alkali plant is an essential component which will allow the Project to self-generate two key reagents required for processing lithium-bearing claystone through to a [...]
Cypress Development is pleased to report it has achieved a significant milestone with the production of 99.94% lithium carbonate made from lithium-bearing claystone from the Company's 100%-owned Clayton Valley Lithium Project. The Li2CO3 was derived from the intermediate concentrated lithium solution produced at Cypress' Lithium Extraction Facility in Amargosa Valley. Following direct lithium extraction at the Plant [...]
Cypress Development Corp. is pleased to report results from the recently completed drill program at its 100%-owned Clayton Valley Lithium Project. A sonic drill program was conducted in May 2022, to obtain sample material for lithium extraction testing at the Company's Lithium Extraction Facility in Amargosa Valley, Nevada, and to supplement the Project's resource model for the Feasibility Study that is currently [...]
Couloir Capital has Published a New Research Note on Cypress Development Corp. The report is titled, "Feasibility Study Commenced, Ongoing Pilot Plant Testing Yields Positive Results." The report can be accessed through Couloir Capital's portal. Report excerpt: "CYP continues to make progress with key strategic and operational initiatives discussed in our previous update, with key objectives including: Pilot Plant [...]
Cypress Development Corp. is pleased to announce positive results from the Direct Lithium Extraction portion of its Lithium Extraction Facility in Amargosa Valley, Nevada. Assays received from samples collected during continuous operating cycles in March, April, and May, 2022, revealed an average lithium recovery of 99.5% within the DLE portion of the Pilot Plant. These high lithium recoveries were accompanied with high [...]
Cypress Development Corp. is pleased to provide an update on the progress of the ongoing Feasibility Study for the Company's Clayton Valley Lithium Project, in Nevada, USA. The Feasibility Study is under the direction of Wood PLC and Global Resource Engineering and all related work is proceeding well, and it remains on track for completion in late 2022. Activity Highlights: Geotechnical study in progress Continued [...]
Cypress Development Corp. is pleased to report that the Company's Lithium Extraction Facility in Amargosa Valley continues to operate successfully, reaching a milestone in the delivery of concentrated lithium solution to two laboratories in Canada for further testing in the production of lithium products. "The Company is very pleased to have reached this significant milestone. About 4,000 liters of concentrated lithium [...]
Cypress Development Corp. is pleased to announce that it has completed its acquisition of Enertopia Corporation's Clayton Valley Lithium Claystone Project located adjacent to the Cypress Clayton Valley Lithium Project in Nevada . "We are pleased with the addition of Enertopia's property," commented Dr. Bill Willoughby, President, and CEO of Cypress. "The property is a continuation of the lithium-bearing units in Cypress [...]
Cypress Development Corp. is pleased to report the Company has been informed that the petition for judicial review of the Nevada State Engineer's extension of Water Right Permit 44411 and Certificate 13631 was dismissed with prejudice by the Fifth Judicial Court of Esmeralda County. The Company acquired the Permit from Intor Resources, a subsidiary of Nevada Sunrise Gold Corp., for use at the Company's Clayton Valley [...]
Cypress Development Corp. is pleased to announce results from its Lithium Extraction Pilot Plant in Nevada. The interim test results were derived from the data acquired during the 3-, 7-, and 14-day continuous operation events, which utilized claystone from the Company's Clayton Valley Lithium Project in Clayton Valley, Nevada. Results yielded a concentration of lithium into an intermediate solution product containing [...]