Cypress Development Corp. - Update from the Field - Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario

	Wed Oct 12, 2011 Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario Publisher: Don Myers: Director Author: Bob Marvin, P.Geo, CPG, Qualified Person
	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 drilling updates that are posted here.

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