Cypress Development Corp. (TSXV:CYP,OTC Pink:CYDVF) announced that it has begun a detailed sampling program ahead of the Phase 2 drill program scheduled for its Nevada-based Gunman zinc-silver-gold project.

As quoted in the press release:

Following a highly successful 2014 Phase 1 exploration and drilling program at the Gunman project, Cypress is moving forward with a Phase 2 program. The very high grade zinc and silver drill intercepts returned from Phase 1 drilling at the RH Zone, with new exposures of the mineralization, has led to the conclusion that the spectacular oxide mineralization is likely a high grade polymetallic vein and breccia system and represents a very high quality zinc-silver project located in a very favorable geologic environment.

2014 Phase 1 delineation drilling at the RH Zone returned long, continuous intervals of very high grade, oxidized zinc and silver mineralization. Highlights include RC 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.

Click here to read the full Cypress Development Corp. (TSXV:CYP,OTC Pink:CYDVF) press release.