Cypress Development (TSX-V: CYP) (OTCQB: CYDVF) is a publicly traded exploration company focused on developing the Company’s 100%-held Clayton Valley Lithium Project in the State of Nevada, U.S.A. The Company's Clayton Valley Project is located immediately east of Albemarle’s Silver Peak mine, North America’s only lithium brine operation. Exploration by Cypress has discovered an extensive deposit of lithium-bearing claystone adjacent to the brine field. Metallurgical tests have shown the claystone is weak acid leachable with lithium extractions over 80% in 2 to 8 hours. With mineralization tested by drilling over a seven kilometer trend, the size of the deposit makes Clayton Valley a premier target that has the potential to impact the future of lithium production in North America.