Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp

Couloir Capital has Published a New Research Note on Cypress Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (FSE: C1Z1) ("CYP" or "Company"). The report is titled, "Feasibility Study Commenced, Ongoing Pilot Plant Testing Yields Positive Results."

The report can be accessed through Couloir Capital's portal: https://www.couloircapital.com/research-portal.

Report excerpt: "CYP continues to make progress with key strategic and operational initiatives discussed in our previous update, with key objectives including:

  • Pilot Plant Operations: CYP continues to test extraction processes at the pilot-scale to ascertain the viability of commercial-scale processing at Clayton Valley. As CYP continues to progress on pilot testing of lithium extraction, it is also working towards advancing Clayton Valley to the next stage of the development cycle with commencement of a FS. As CYP continues to fine tune the processing methodology at its plant, we expect findings will be incorporated into the FS.

  • Water Rights: CYP has progressed in securing the necessary water rights needed to support commercial-scale operations, addressing a key development bottleneck.

  • Expanding Mineralized Footprint: CYP acquired the Clayton Valley Lithium Project of Enertopia Corp., which comprises 17 unpatented mining claims covering 160 acres. The property has a compliant resource, which comprises 82 mt of 1,121 ppm Li (indicated) and 18 mt of 1,131 ppm Li (inferred). The resource is based on four core holes drilled in 2018. By acquiring ENRT's property, CYP has consolidated Clayton Valley into a larger property and increased its mineralized base, growing potential captive feedstock for future operations.

Moving forward, we expect that the key catalysts on the horizon include further progress with the FS, additional pilot plant developments around lithium recovery, and capital structure change events. We expect these catalysts to be material if they imply advancement of CYP's project, with the most likely valuation triggers to be related to the completion of the Clayton Valley FS."

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies.

For further information, please contact:

Robert Stitt, Managing Director, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
www.couloircapital.com

Disclosure: A service agreement exists between Couloir Capital and the Company.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129924

News Provided by Newsfile via QuoteMedia

CYP:CA
The Conversation (0)
Nevada Sunrise Announces Results of Soil Sampling Program at the Fivemile Gold Project, Cortez Mining District, Nevada

Nevada Sunrise Announces Results of Soil Sampling Program at the Fivemile Gold Project, Cortez Mining District, Nevada

Nevada Sunrise Metals Corporation (TSXV: NEV,OTC:NVSGF) (OTC Pink: NVSGF) ("Nevada Sunrise" or the "Company") is pleased to announce the results of an Ionic LeachTM soil survey program (the "Survey") at the Fivemile Gold Project ("Fivemile", or the "Property"), located within the Battle... Keep Reading...
SAGA Metals Drills 485.4 m at 32.21% Fe2O3, 5.30% TiO2, 0.191% V2O5 Including 56.8 m at 49.56% Fe2O3, 8.17% TiO2, 0.339% V2O5 at Radar Critical Minerals Project in Labrador

SAGA Metals Drills 485.4 m at 32.21% Fe2O3, 5.30% TiO2, 0.191% V2O5 Including 56.8 m at 49.56% Fe2O3, 8.17% TiO2, 0.339% V2O5 at Radar Critical Minerals Project in Labrador

Saga Metals Corp. (TSXV: SAGA,OTC:SAGMF) (OTCQX: SAGMF) (FSE: 20H) ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discoveries, is pleased to report additional assay results from drill holes R-0075, -0076, -0077, -0078, -0079, -0080, and -0081 drilled... Keep Reading...
Spartan Metals Geophysical Surveys Indicate Potential Tungsten-Silver Veins Extension at Its Tungstonia Claims, Nevada

Spartan Metals Geophysical Surveys Indicate Potential Tungsten-Silver Veins Extension at Its Tungstonia Claims, Nevada

Indicates Approximately 700 Meters of depth potential to veinsSurveys also identify a related 3.7 km² potential porphyry target Tungstonia appears to host a dynamic mineralizing system with potential for multiple styles of mineral depositsSpartan Metals Corp. (TSXV: W,OTC:SPRMF) (OTCQB: SPRMF)... Keep Reading...
American Lithium (TSXV:LI)

American Lithium's Falchani Pilot Plant Fully Commissioned and Operating

American Lithium Corp. ("American Lithium" or the "Company") (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to report that the Falchani Lithium Project pilot-plant has all systems installed and operating. Recent laboratory testing has demonstrated an improvement in lithium recoveries. The... Keep Reading...
SAGA Metals Drills 470 m at 36.72% Fe2O3, 5.40% TiO2, 0.245% V2O5 Including 69.2 m at 51.03% Fe2O3, 8.55% TiO2, 0.334% V2O5 at Radar Critical Minerals Project in Labrador

SAGA Metals Drills 470 m at 36.72% Fe2O3, 5.40% TiO2, 0.245% V2O5 Including 69.2 m at 51.03% Fe2O3, 8.55% TiO2, 0.334% V2O5 at Radar Critical Minerals Project in Labrador

Saga Metals Corp. (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H) ("SAGA" or the "Company"), a North American exploration company focused on critical mineral discoveries, is pleased to report additional assay results from drill holes R-0072, -0073, and -0074 drilled as part of its maiden... Keep Reading...
Lithium Argentina Announces Closing of $180M Strategic Investment from Ganfeng

Lithium Argentina Announces Closing of $180M Strategic Investment from Ganfeng

Lithium Argentina AG ("Lithium Argentina" or the "Company") (TSX: LAR) (NYSE: LAR) today announced the closing of the $180 million strategic investment from Ganfeng Lithium Group Co., Ltd. ("Ganfeng") through the issuance of a six-year unsecured convertible note (the "Note" or the "Strategic... Keep Reading...

Interactive Chart

Latest Press Releases

Related News