Cypress Development Corp.

Cypress Receives Phase 2 Drilling Permits for Gunman Zinc-Silver Project, Nevada - Seite 2

2014 Phase 1 RH Zone Zinc and Silver Assay Results:

Hole ID	From (ft.)	To (ft.)	Interval (ft.)	Ag (g/t)	Zn (%)
GMRC-3	55	95	40	60.3	2.00
and	140	155	15	33.5	3.20
GMRC-4	20	175	155	128.0	7.20
including	125	175	50	87.7	17.09
including	135	150	15	83.9	30.64
GMRC-5	5	205	200	63.3	8.90
including	125	180	55	147.0	21.00
including	150	165	15	100.1	32.20
GMRC-8	130	185	55	54.3	6.50
GMRC-9	50	225	175	121.0	12.00
including	130	215	85	209.2	19.70
GMRC-10	55	80	25	24.2	4.60
and	105	120	15	8.0	1.70
and	140	155	15	5.9	1.20
and	170	220	50	20.3	8.70
GMRC-11	0	150	150	18.3	3.10
and	165	215	50	125.6	7.90

* All intervals above were computed from Chemex assay results of representative, 5 foot interval samples collected from the reverse circulation sample return. All intervals have been selected based on a 1% zinc lower cut-off. The intervals above are restricted to contain no more than one included interval that falls below the 1% zinc lower cut-off. No high grade cut has been applied. All samples were continuously collected from each 5 foot interval during drilling. The samples are large and average approximately 6 kilograms in weight.
* g/t = grams per metric tonne.
* The true width lengths are estimated to be approximately 65%-75% of down hole intervals.

As the table above indicates from Phase 1 drilling, zinc and silver mineralization occurs both as long, highly variable but completely continuous mineralized down hole intervals (Hole GMRC-9 for example) as well as holes with shorter intervals of strong mineralization separated by lower grade intervals (Hole GMRC-10 for example).

July 2014 Video of Cypress Gunman Zinc-Silver Project, Nevada:
https://www.youtube.com/watch?v=j4nAsmQ0eEk

Robert Marvin, P.Geo., CPG, Exploration Manager for Cypress Development Corp. is the Qualified Person as defined by National Instrument 43-101 and has supervised both the project field work and the preparation of the technical information in this release.

About Cypress Development Corp.:

Cypress Development Corp. is a diversified precious and base metals exploration and development company with properties in Red Lake, Ontario, Canada, and in Nevada, U.S.A. The Company is well funded with approximately $1.1 million in its treasury. 

To find out more about Cypress Development Corp. (TSX-V: CYP), visit our website at www.cypressdevelopmentcorp.com.