Cypress Completes Phase 2 Drill Program at Gunman Project

Cypress Development Corp. (TSXV:CYP,OTC Pink:CYDVF) announced that it has completed the Phase 2 drill program at its Nevada-based Gunman zinc-silver-copper project. It has also doubled its land package via staking.

As quoted in the press release:

The Company has now completed its 2014 Phase 2 drill program following a highly successful 2014 Phase 1 exploration and drilling program at the Gunman project. A further 11 reverse circulation delineation holes (holes GMRC-14 to GMRC-24) were completed at the main RH Zone for a total of 3370 feet in the Phase 2 drill program. Phase 1 drilling at the RH Zone returned long, continuous intervals of very high grade, near surface oxidized zinc and silver mineralization. Highlights include Hole GMRC-9 which returned a 175 foot down hole interval of 12% zinc and 121 g/t silver and Hole GMRC-5 which retuned a 55 foot interval of 21% zinc and 147 g/t silver.

Assays from the 2014 Phase 2 drill program at the main RH Zone are expected by the end of September. Assays from recent, additional rock chip and grab surface samples are also pending.

Click here to read the full Cypress Development Corp. (TSXV:CYP,OTC Pink:CYDVF) press release.
Click here to read an interview with Don Huston, president, CEO and director of Cypress.