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Cypress Development Corp.
News News Releases

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Thu Dec 23, 2004
Flow-Through Private Placement Closes

Cypress Development Corp (the Company) announces that it has closed its non-brokered flow-through unit private placement announced by news release dated November 19, 2004. The Company issued 3,000,000 flow-through units at a price of $0.10 per unit. Each flow-through unit consists of one flow-through share and one non-flow through share purchase warrant which entitles the holder to purchase an additional non-flow through share of the Company at a price of $0.12 until December 21, 2005. In additi... (1 KB)
Fri Dec 17, 2004
Cypress Updates Exploration On Scorpion and Gunman Projects, Nevada

Scorpion Gold Project, Nevada: Cypress Development Corp. (the Company) has now completed an initial surface rock-sampling program on its recently acquired Scorpion gold prospect located in the Walker Lane gold belt in western Nevada. The project is an epithermal style alteration/mineralization with 3 miles of strike length. 52 samples of the local float vein material were collected. The vein textures are excellent, showing banding and calcite replacement. Sulphide is visible in some sa... (2 KB)
Wed Nov 24, 2004
Correction to Flow-Through Private Placement

The Company announces a correction to its news release dated November 19, 2004. The Company's 3,000,000 Flow-Through Units at a price of $0.10 per unit will consist of one flow-through share and one share purchase warrant entitling the holder to purchase a non-flow-through share at a price of $0.12 for a period of one year. Cypress Development Corp. is a diversified precious and base metal exploration and development company with a gold property in Red Lake, Ontario Canada, and 2 gold proper... (1 KB)
Fri Nov 19, 2004
Non-Brokered Private Placement Announced

Non-Brokered Private Placement of 3,000,000 Flow-Through Units and 3,000,000 Non-Flow-Through Units The Board Of Directors of Cypress Development Corp. (the "Company") wish to announce a non-brokered private placement of up to 3,000,000 flow-through units (the "flow-through units") at a price of $0.10 per flow-through unit. Each flow-through unit will consist of one flow-through share (the "flow-through share") and one share purchase warrant entitling the holder to purchase an addition... (2 KB)
Thu Nov 18, 2004
Cypress Development Stakes Awake (Previously Sleeper) Gold Claims Block, Northern Nevada

Cypress Development Corp. is pleased to announce that the Company has acquired, by staking, 24 mineral lode claims located in the Slumbering Hills area of Humboldt County, northern Nevada. The Sleeper gold property is situated approximately 5 miles to the south of the Sleeper Mine, which is a well documented prolific past gold producer at the northern extension of the Battle Mountain - Cortez Geological Trend. Active mining was conducted at the Sleeper Mine until the end of 1997, and was operate... (2 KB)
Fri Nov 12, 2004
Cypress Acquires Scorpion Gold Project, Nevada

Cypress Development Corp. -TSX.V: CYP- (the Company) announces it has acquired by staking, 26 federal gold lode mining claims in central Mineral County, Nevada. The Scorpion property lies within the widely mineralized Walker Lane structural zone. The region is noted for its bonanza grade, volcanic hosted precious metal deposits such as the Comstock, Paradise Peak, Goldfield, Aurora, and the Borealis. Active exploration along an east-west trending structural zone that contains the newly stake... (2 KB)
Wed Nov 3, 2004
Drilling Planned In Red Lake, Ontario, Cypress Awaits Assays From Nevada

Drilling Planned On McKenzie Island Property, Red Lake, Ontario Cypress Awaits Assays From Gunman Project, Nevada Cypress Development Corp. (the Company) announces that the operator of its McKenzie Island property, Skyharbour Resources, intends to continue with a drill program on the Company's 5,100 acres McKenzie Island property jointly held by Cypress Development Corp. (CYP 80%) and Skyharbour (SYH 20%). The companies acquired an additional 250 acres (the Patrie Block, May 2004) ... (2 KB)
Wed Sep 29, 2004
Commencement of Phase 2 / 2004 Work Program, Gunman Project, Nevada

Cypress Development Corp. reports that the Company has commenced a Phase 2 work program on its Gunman project located in White Pine county, northeastern Nevada. A detailed geochemical sampling program is being undertaken on the Gunman Property, to cover a strike length of approximately 1.5 kilometers that extends to the south of the known high-grade zinc/silver RH and RH South Zones that have been previously reported. The goal of this soil-sampling program would be to further define and upgrade ... (2 KB)
Wed Sep 1, 2004
Second Quarter Report Ended June 30, 2004

MANAGEMENT DISCUSSION AND ANALYSIS SIX MONTHS ENDED - JUNE 30, 2004 This Management Discussion and Analysis of Cypress Development Corp. (the "Company") provides analysis of the Company's financial results for the six-month period ended June 30, 2004. The following information should be read in conjunction with the accompanying unaudited financial statements and the notes to the financial statements. 1.1 Date of Report August 25, 2004 1.2 Overall Perf... (2 KB)
Thu Aug 5, 2004
Gunman Phase I Results and Phase II Recommendations Geo. Report Filed

Gunman Project 2004 Phase I Exploration Results and Phase II Recommendations Geological Report Filed on Sedar Cypress Development Corp. (the "Company") announces that it has commissioned a geological report (the "Report") on its Gunman Project located in White Pine County, North-East Nevada consisting of 120 contiguous, unpatented and unsurveyed Federal lode claims which are under lease (the "Property"). The Report on the Property, entitled "Gunman Project 2004 Phase I Explorati... (2 KB)
Fri Jul 16, 2004
Final Gunman Nevada Phase 1 Drill Results

Cypress Development Corp. (Cypress) reports that it has received the results of the last 15 drill holes of its recently completed 32 holes, approx. 8,600 feet, RC (reverse circulation) drill program on the Company's 73% owned Gunman Zinc Project located north of Eureka, Nevada. As previously announced, the purpose of the 2004 Phase 1 drill program on the Gunman Project was designed to test targets along the open-ended NNW extension and SSE extension of the high-grade RH Zone deposit, where g... (2 KB)
Mon Jun 14, 2004
1st. Results From On-Going Drilling at Gunman Zinc Project, Nevada

Cypress Development Corp. has released the following news from its continuing phase 1 exploration program on the Company's 73.1% owned Gunman Project located in northeast Nevada. 1. The Company anticipates its phase 1 work program will include 30-35 RC (reverse circulation) drill holes for a total of approx. 9,000 feet. 2. Assay results have now been received from 17 of the 25 RC drill holes that have been completed from the Company's on-going drill campaign at the Gunman Zinc Proj... (2 KB)
Wed Jun 9, 2004
First Quarter Report Ended March 31, 2004

Cypress Development Corp. has released its BC Form 51-901F First Quarter Report containing unaudited financial statements in Canadian funds, for the three months ended March 31, 2004 (the "Quarterly Report"). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. Concurrent with this news release, the Company has filed the Quarterly Report with the regulatory authorities through SEDAR (www.sedar.com).... (2 KB)
Fri Jun 4, 2004
Update On Gunman Drill Program, Nevada, Incentive Stock Options Granted

Further to the Company's News Release on May 3rd, Cypress Development Corp. announces a progress update to the phase 1 drill program that started April 24 (see news release April 26, 2004), on the Company's 73.1% owned Gunman property located in northeast Nevada. To date, Cypress has completed 5,500 feet of reverse circulation (R-C) drilling that include 19 R-C drill holes that step out approximately 2,000 feet to test the NNW extension of the high-grade zinc oxide RH zone, and 1 step out R-C dr... (2 KB)
Mon May 3, 2004
Progress Update on Gunman Drill Program, Nevada

The Company announces a progress update on the Gunman drill program that started April 24 (see news release April 26, 2004). To date, the company has drilled 5 holes that test the NNW extension of the RH zone. The RH Zone is hosted by a decalcified and dolomitized, silty limestone rock package. The carbonate host rocks dip steeply west and form the east limb of a north plunging syncline. The limestone section is truncated by a north trending, range front fault immediately east of the RH Zone... (2 KB)
Wed Apr 28, 2004
Fourth Quarter Report ended December 31, 2003

Cypress Development Corp. has released its BC Form 51-901F Fourth Quarter Report containing audited financial statements in Canadian funds, for the year ended December 31, 2003 (the "Quarterly Report"). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report. Concurrent with this news release, the Company has filed the Quarterly Report with the regulatory authorities through SEDAR (www.sedar.com). ... (2 KB)
Mon Apr 26, 2004
Drilling Begins on High-Grade Gunman Zinc-Silver Project, Nevada

Cypress Development Corp. is pleased to report that the first of three phases of reverse circulation and diamond drilling programs proposed for 2004 on the Gunman High-Grade Zinc-Silver Project located in Northeast Nevada started on April 24. The Gunman property consists of 120 Federal lode claims totaling 2,400 acres, located on the east flank of the Diamond Range, White Pine County, approximately 40 miles NNE of Eureka, Nevada. The property is immediately adjacent to a paved highway and to ele... (2 KB)
Fri Apr 16, 2004
Falconbridge Drops Option on South Voisey Bay Project

Donald Huston, President of Cypress Development Corporation, reports that the Company has been advised that Falconbridge Limited will not be pursuing its option to earn a 50% interest in South Voisey Bay Nickel Co. Ltd property. Cypress and its South Voisey Bay Project partners continue to believe that the project has the potential to host a major nickel sulphide deposit. Cypress, and its partners will continue to investigate various means to move the SVB project forward. Cypress holds an 11.4% ... (0 KB)
Tue Apr 6, 2004
Drilling to Begin on High-Grade Gunman Zinc-Silver Project, Nevada

Cypress Development (73.13%) and Mid North Resources (26.87%) Cypress Development Corp. has received confirmation that all permits are now in place to begin the first of three phases of reverse circulation and diamond drilling programs proposed for 2004, on the Gunman property located in Northeast Nevada. The Gunman property consists of 120 Federal lode claims totaling 2,400 acres, located on the east flank of the Diamond Range, White Pine County, approximately 40 miles NNE of Eureka, Nevada.... (2 KB)
Mon Apr 5, 2004
Company Issues 65,000 Shares to Dan Patrie Exploration Ltd.

The Company announces that it has issued 65,000 common shares to Dan Patrie Exploration Ltd. The shares were issued in connection with the Company's acquisition of a mineral claim, consisting of 6 units (approximately 240 acres) located in the Dome Township, Red Lake Area, Kenora Mining Division, Ontario. The shares will be subject to a hold period and shall not trade until August 2, 2004. Cypress Development Corp. is a diversified precious and base metal exploration and development company ... (0 KB)
Tue Mar 30, 2004
Acquisition of Mining Claim -- Dome Township, Red Lake Area, Ontario

The Company announces that it has entered into an Acquisition Agreement with Dan Patrie Exploration Ltd. ("Patrie") wherein the Company acquired a 100% interest in and to one (1) mineral claim consisting of 6 Units (approximately 240 acres) located in the Dome Township, Red Lake Area, Kenora Mining Division, Ontario, (the "Mineral Claim"). The consideration payable to Patrie for the Mineral Claim is the sum of $3,000 and the issuance of 65,000 common shares. A 2% net smelter return royalty is re... (0 KB)
Fri Mar 12, 2004
3rd tranche issuance of 25,000 common shares

The Company announces that it has issued 25,000 common shares, in connection with the Company's 3rd tranche issuance pursuant to the terms of an Option Agreement dated February 21, 2002. The Company had been granted an option in and to the East Humlin Group Property, which forms part of the Company's jointly held Mckenzie Island property, in Red Lake, Ontario. The shares will be subject to a hold period and shall not trade before July 6, 2004. The TSX Venture Exchange has not reviewed and ... (0 KB)
Thu Feb 26, 2004
Cypress Development Announces Closing of 4,000,000 Unit Private Placement

The Company announces the closing of its 4,000,000 unit brokered private placement at $0.10 per unit announced by news release dated January 20, 2004. Each unit consists of one share and one share purchase warrant which entitles the holder to purchase an additional share at a purchase price of $0.10 per share until February 26, 2005. The Agent received a finder's fee of $40,000 cash, an administration fee of $2,000 and 800,000 Agents' Warrants. The shares and any shares acquired upon exercise of... (0 KB)
Mon Feb 23, 2004
Resignation/Appointment of Secretary and VP of Communications

The Company announces the recent resignation of Derek Huston as Vice President of Communications and the appointment of Mr. David Goldman in his place. The Company also announces that Nancy Ackerfeldt has resigned as secretary of the Company and that Mr. Derek Huston has been appointed in her place. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB)
Wed Feb 18, 2004
Cypress Closes 1.25 mil unit Private Placement

The Company announces that it closed its 1,250,000 unit non-brokered private placement at $0.10 per unit announced by news release dated January 20, 2004. 780,000 units are subject to a hold period until June 17, 2004 and 470,000 units are subject to a hold period until June 19, 2004. 780,000 share purchase warrants are exercisable until February 16, 2005 and 470,000 share purchase warrants are exercisable until February 18, 2005. The Company wishes to announce that it has granted incentive ... (0 KB)
Tue Feb 10, 2004
Cypress Releases Gunman Geological Report

Cypress Development Corp. (the "Company") announces that it has commissioned a geological report (the "Report") on its Gunman Project located in White Pine County, North-East Nevada consisting of 120 contiguous, unpatented and unsurveyed Federal lode claims which are under lease (the "Property"). The Report on the Property, entitled "Exploration Recommendations" dated January 15, 2004, was prepared by Robert D. Marvin, B.Sc., Geologist, of Red Rock Exploration Services, Reno, Nevada. The Repo... (1 KB)
Wed Jan 21, 2004
Further to news release of Jan. 20, 2004

Further to the Company's news release of yesterday's date, the Company announces that the non-brokered private placement should be for the purchase of 1,250,000 Units and not 1,000,000 Units as announced. To find out more about Cypress Development Corp. (TSX: CYP), visit our website at www.cypressdevelopmentcorp.com. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB)
Tue Jan 20, 2004
Private placement of 4,000,000 Units

The Company wishes to advise that it has negotiated with Canaccord Capital Corporation, (the "Agent"), subject to regulatory approval, a private placement of 4,000,000 Units (the "Units"). The Units are being offered at a price of $0.10 per Unit. Each Unit will consist of one common share and one share purchase warrant entitling the holders thereof to purchase an additional common share (the "Warrant Share") at a price of $0.10 for a period of one year. The Agent will receive a commission in con... (1 KB)

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