Cypress Development Corp. - Update from the Field

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	Tue Nov 1, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR11-1 has been completed to a final depth of 1505 metres. The hole was collared on Goldcorp's ground near the NE corner of the Broulan Reef property. The hole passed onto Cypress' ground at approximately 590 metres. The hole was drilled due south at an initial inclination of 87.1 degrees. Final inclination was 84.6 degrees. All core was cut for sampling commencing at 782 metres down hole. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined b... (1 KB)
	Tue Oct 25, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 1319 metres this morning. Latest test at 1301 metres shows inclination flattened slightly to 84.7 degrees. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that are posted here. (1 KB)
	Mon Oct 24, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 1263.5 metres this morning. Inclination now at 85.1 degrees. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that are posted here. (1 KB)
	Fri Oct 21, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 1150 metres this morning in bleached, silicified, deformed Balmer mafic volcanic rocks. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that are posted here. (1 KB)
	Thu Oct 20, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 1084 metres this morning. Plotting our depth on the Premier Gold / Goldcorp cross section shows that we should be right at the north-south fault right now. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that are posted here. (1 KB)
	Wed Oct 19, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 1049 metres and pulling for bit change. Hole is gun barrel straight at 85.9 degree inclination. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that are posted here. (1 KB)
	Tue Oct 18, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 1001 metres this morning and still drilling through highly altered Balmer assemblage. Test at 1001 metres gives inclination of 85.9 degrees so have now lost only 1.2 degrees from the 87.1 degrees at the bottom of casing. Just about perfectly straight. Plan to keep on straight for now as the risk of getting too far south before getting down to depth for potential down plunge extension of the goldcorp/Premier WGZ is the biggest risk. We can always wedge some ... (1 KB)
	Fri Oct 14, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 813.5 metres as of this morning. At 799 metres we passed into ultramafic rock. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that are posted here. (1 KB)
	Thu Oct 13, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 was at 756 metres as of morning shift change and latest test at 740 metres shows the inclination to be holding at 85.8 metres, very steep. We will let the hole flatten once we are in the Balmer formation mafic volcanic rocks. Currently in volcanic breccia, debris flows in the lower portion of the Bruce Channel sequence. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that a... (1 KB)
	Wed Oct 12, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Red Lake drill hole BR01-11 is at 672.5 metres at morning shift change. Continuing down through a multi-lithic volcanic breccia, volcanic rock package. Hole is staying very steep, latest test gives dip of 85.7. We are likely within a few metres of passing onto our Broulan Reef property, will be on our ground by 700 metres. That is just about what we wanted. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the dri... (1 KB)

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