Drilling at Dean claystone project; Clayton Valley, Nevada
After completing their drill program, Cypress Development (TSXV: CYP; OTC: CYDVF; FRA: C1Z1) is on track to deliver the maiden resource estimate for the Dean and Glory projects before the end of this month. The latest results, published on April 3, 2018, provided very strong showings for the northern part of the Glory project, likely adding more tonnage than expected here. Intercepts included an intersection of 97 meters averaging 1,144 ppm Li in the final hole, GCH-6, along with intersections of 122.4 meters averaging 977 ppm Li in DCH-17 and 129.5 meters averaging 767 ppm Li in GCH-5. All three holes show consistency in encountered Li grade with the previous 20 holes drilled on the Dean and Glory properties.
Below is a map of the drill collar locations for both Dean and Glory: