Cypress Development Corp. - Home Page

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 84.3% 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 believes its property, on strike and 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. Additionally, geologic maps show west-southwest striking mineralized structures on the Rahill-Bonanza project continuing onto the Broulan Reef property. The current drilling is targeting these structures.

The Company also owns a 100% interest in the Twenty-One Silver-Gold Project located approximately 100 miles southeast of Carson City, Nevada. Other mining districts in the area include Tonapah, Paradise Peak and Santa Fe, which have a combined production of approximately 4 million ounces of gold and 500 million ounces of silver. Chip sampling of exposed quartz breccia veins on the Twenty-One Silver-Gold property returned assay values from 211 g/t (6.5 ounces) silver to 1141 g/t (34.5 ounces) silver and up to 2 g/t gold.

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.