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.

The Twenty-One Silver-Gold Project, totaling approximately 420 acres is located in Mineral County, approximately 100 miles southeast of Carson City, Nevada. Chip sampling of exposed quartz breccia veins 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 holds a 100% interest, in the 2,400 acres Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada. The Company completed 17,400 feet of drilling in 2000, which discovered the RH Zone where grades in excess of 25% zinc and 8 oz/ton silver were recovered over significant widths.

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.