Cypress Development Corp. (TSXV:CYP,OTC Pink:CYDVF) announced that the 2014 Phase 1 drill program at its Nevada-based Gunman zinc-silver oxide project has been completed; all assays are pending.
As quoted in the press release:
Three previous Reverse Circulation (RC) drill programs totaling approximately 38,000 feet have been completed by Cypress on the Gunman project with significant grades between 5% to 33% zinc and 0.5 to 15.0 oz per ton silver encountered in the RH Zone.
Cypress carried out a thirteen hole 2014 Phase 1 RC drill program at its Gunman poly metallic property in White Pine County, Nevada. The thirteen holes totaled 3,540 feet and were targeted at three areas of the central portion of the property. Additional work completed during Phase 1 includes the initiation of a detailed stratigraphic study in the central portion of the property and prospecting in the far north exploration area, located 5000 feet north of the central portion of the property.