Cypress Development Corp.
*Cypress confirms Bruce Channel gold deposit continuity onto Broulan Reef property in Red Lake, NW Ontario.*                                       *Deep drill program underway on Cypress' Broulan Reef Red Lake gold project.*                                       *Cypress' Broulan Reef Project on strike to the south, adjacent to Goldcorp's Cochenour / Bruce Channel world-class gold deposit.*                                       *September 2008, Goldcorp purchases Gold Eagle Mines (TSX: GEA) for $1.3 Billion.*                                       *Exploring for gold in the "Richest Gold Camp" in Canada.*                                       *TSX Venture Stock Exchange symbol "CYP".*
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TSX-V : CYP
Date: 07-29-2010
Time: 15:55
Last: $0.12
Volume: 425775
Change: -0.01
15-20 min delay

Welcome to Cypress Development Corp.
Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

Red Lake in northwestern Ontario remains one of the richest and most prolific producing gold camps in Canadian mining history with more than 30 million ounces of gold recovered. Cypress holds an 82.5% and 80% interest, respectively, in the Broulan Reef and McKenzie Island projects in the heart of the Red Lake gold camp. The properties are located adjacent to the south and west of Goldcorp's Cochenour / Bruce Channel Deposit, adjacent to the west of Goldcorp's / Premier Gold's Rahill-Bonanza gold project, and 5 miles due west of Goldcorp's operating Red Lake & Campbell gold mines.

Cypress has been aggressive with its exploration approach to its Broulan Reef gold project, which has never had any detailed exploration conducted until the Company acquired the ground in January 2006. Cypress believes its property, on strike adjacent to Goldcorp's Cochenour / Bruce Channel Deposit to the north, is ideally located for the potential extension of this newly developed gold zone onto the Company's Broulan Reef ground.

Cypress Development Corp.'s goal is to increase shareholder value by developing exploration projects near world-class deposits that have the potential of becoming new discoveries.
Latest News
Jul 21, 2010
News Release
Cypress & Skyharbour Drilling Update on Broulan Reef Bruce Channel / Red Lake Gold Project

May 11, 2010
News Release
Drill Results Confirm Bruce Channel Gold Deposit Continuity onto Broulan Reef Property in Red Lake, ...

Apr 21, 2010
Update from the Field
Broulan Reef Mother Drill Hole BR09-02 Completed to 2937 metres

Project OverviewMetal PricesUpdate From The Field
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