- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Fireweed Metals
Cyclone Metals
Lancaster Resources
Element79 Gold Corp.
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Cypress Development Reports 3,070 Ppm Lithium at Clayton Valley Project
Cypress Development (TSXV:CYP) reported results of sampling of surface claystones at its Clayton Valley lithium project in Nevada. The company is currently planning follow-up work at the project.
Cypress Development (TSXV:CYP) reported results of sampling of surface claystones at its Clayton Valley lithium project in Nevada. The company is currently planning follow-up work at the project.
As quoted in the press release:
The assays from the systematic traverse samples average >1500 ppm Li and are accompanied by a typical suite of other evoporite rock mineralization, including one sample with >1% strontium.
The results suggest a strong possibility of an essentially continuously mineralized volume of claystone at surface on the Cypress property in a position immediately east of both brine production wells at Albemarle Silver Peak mine and the north resource area of Pure Energy Minerals project.
It is important to note that the geometry of the claystone bedding is not readily apparent at the sample sites due the presence of a ten to twenty cm thick weather crust which completely masks the bedding of the claystones. Traverses completed in other areas of the property and along the flanks of Angel Island have shown that the claystones are locally highly deformed. Larger-scale exposure of clean rock faces along the traverse will be required to help determine whether the samples are localized within discrete beds or are in fact of a robust, massive nature.
Cypress president and CEO, Don Huston, said:
We are pleased with the results of our initial surface work on the Glory claims of our Clayton Valley project when compared to nearby brine production grades. We are at an early stage with this project and much work remains to be done to investigate the subsurface where we expect to find ground water aquifers within deeper portions of the same mineralized claystone evaporate sequence that is currently being explored at surface. We are confident that the position of our property adjacent to production wells and defined resources combined with current surface assay results indicates that Cypress is well situated to create value for our shareholders as we advance the exploration of our claims.
Outlook Reports
Featured Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2344.53 | +0.88 | |
Silver | 27.94 | +0.01 | |
Copper | 4.32 | +0.06 | |
Oil | 85.45 | -0.14 | |
Heating Oil | 2.68 | +0.02 | |
Natural Gas | 1.77 | +0.01 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â