Cypress Development / CYP (TSXV)



  • Cypress Development Corp. De-risks Flagship Project with Direct Lithium Extraction Partner;
    Contributed Opinion Source: Peter Epstein for Streetwise Reports (7/12/21) Peter EpsteinPeter Epstein of Epstein Research explains why he believes there will be significant lithium production from the U.S. and the role that Cypress Development could play


    http://www.streetwisereports.com/article/2021/07/12/cypress-development-corp-de-risks-flagship-project-with-direct-lithium-extraction-partner.html?utm_source=na_23036&utm_medium=rel_article_bottom&utm_campaign=internal_recommended_article


    http://epsteinresearch.com/202…m-extraction-dle-partner/



  • dazu auch
    http://www.reuters.com/business/energy/push-supply-tesla-piedmont-lithium-irks-north-carolina-neighbors-2021-07-20/

  • Cypress Development tritt in LOI für den Kauf von Wasserrechten in Clayton Valley, Nevada ein


    http://www.cypressdevelopmentcorp.com/news/2021/cypress-development-enters-loi-for-the-purchase-of-water-rights-in-clayton-valley-nevada/



    Das ist ein WICHTIGER Aspekt an Der "Ganzen Story" !



    - You can have the best lithium resource on the planet, but without water rights most projects will be at a severe disadvantage.
    - ONLY THREE COMPANIES IN CLAYTON VALLEY HAVE SUBSTANTIAL WATER RIGHTS. The valley is OVERSUBSCRIBED for water use. New permits are very UNLIKELY.
    - Cypress will soon have water rights, setting the company up for a successful future via joint venture or acquisition .
    - Albemarle (holding the bulk of water rights in the valley) stated last January they will utilize all of their water rights .
    - Albemarle also stated they are looking at clay assets . We theorize that Albemarle will approach Cypress as they are the most logical choice (given the clay assetts they have).
    [Blockierte Grafik: https://media1.tenor.com/images/51b7cab56834f4b1213527b8be7ac3d5/tenor.gif?itemid=4724569]
    http://seekingalpha.com/article/4439254-cypress-development-stock-cydvf-the-lord-of-the-lithium-rings?utm_campaign=twitter_automated&utm_content=article&utm_medium=social&utm_source=twitter_automated
    [Blockierte Grafik: https://static.seekingalpha.com/cdn/s3/uploads/getty_images/842180048/webp_extra_large_image_842180048.webp]



  • US judge to rule by July 29 on request to block Lithium Americas mine; Laura Granier, an attorney for Lithium Americas, argued that temporarily blocking the project would harm President Joe Biden’s efforts to address climate change, including promoting a switch to cleaner electric vehicles which use lithium-based batteries


    http://www.mining.com/web/us-judge-to-rule-by-july-29-on-request-to-block-lithium-americas-mine/


  • US judge to rule by July 29 on request to block Lithium Americas mine; Laura Granier, an attorney for Lithium Americas, argued that temporarily blocking the project would harm President Joe Biden’s efforts to address climate change, including promoting a switch to cleaner electric vehicles which use lithium-based batteries


    http://www.mining.com/web/us-judge-to-rule-by-july-29-on-request-to-block-lithium-americas-mine/



    Judge rules Lithium Americas may excavate Nevada mine site; The ruling marked a rare win for a US critical minerals project as environmental groups increasingly pressure courts and regulators to block mining projects, even if they produce metals key to building electric vehicles
    http://www.miningweekly.com/article/judge-rules-lithium-americas-may-excavate-nevada-mine-site-2021-07-26/rep_id:3650


    "All the challenges related to Thacker Pass, from my perspective, from my jurisdiction, are manageable. They just need to be managed.”"
    - Brad Crowell, Director of the Nevada Department of Conservation and Natural Resources says that Lithium is one of the great economic stories for Nevada.
    http://nevadanewsmakers.com/video/default.asp?showID=3422

  • Cypress Development Provides Update on Clayton Valley Lithium Project’s Pilot Plant and Appointment of VP, Investor Relations

    http://www.cypressdevelopmentcorp.com/news/2021/cypress-development-provides-update-on-the-clayton-valley-lithium-projects-pilot-plant-and-appointment-of-vice-president/


    "Vancouver, Canada - Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1) (“Cypress” or “the Company”) is pleased to announce that it is nearing completion of the assembly of its pilot plant; and all major components are on site including the Chemionex portion of the process. The Company is awaiting the arrival of key electrical subcomponents, delayed due to supply constraints related to Covid-19. The claystone samples have been collected and are currently undergoing preparation and analysis at Cypress’ Tonopah, Nevada site prior to its shipment to the Amargosa Valley, Nevada pilot plant site. Cypress is planning to commission the pilot plant in August .


    Cypress is also pleased to announce the appointment of Mr. Spiros Cacos as Vice President, Investor Relations effective August 1, 2021. Mr. Cacos is an Investor Relations & Corporate Communications executive with over 20 years of comprehensive experience with a primary focus in mineral companies, including grassroots, development, and production. He brings to Cypress his extended network within the financial community, together with investment advisors, portfolio managers, industry analysts, and media outlets throughout North America, the United Kingdom, and Europe. Mr. Cacos holds a Master of Arts degree in International Relations and Diplomatic Studies from Schiller International University, Paris, France and a Bachelor of Arts Degree from Simon Fraser University, Canada.


    Regarding progress associated with Cypress’ previously announced Letter of Intent (“LOI”) with Intor Resources Corp (“Intor”), a wholly owned subsidiary of Nevada Sunrise Gold Corp., for the purchase of Intor’s water rights in Clayton Valley, Nevada, the Company reports it has made the payments under the terms of the LOI, and the parties are proceeding with the preparation of the definitive agreement.


    About Cypress Development Corp.:


    Cypress Development Corp. is a publicly traded company focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, U.S.A. Exploration, and development by Cypress lead to the discovery of a world-class resource of lithium-bearing claystone adjacent to the Albemarle Silver Peak mine, North America's only lithium brine operation. The size of the resource makes the Clayton Valley Project a premier American source that has the potential to impact the supply of lithium for the fast-growing energy storage battery market.


    To find out more about Cypress Development Corp. (TSX-V: CYP), visit our website at www.cypressdevelopmentcorp.com.


    CYPRESS DEVELOPMENT CORP.
    “Dr. Bill Willoughby”
    _____________________________


    WILLIAM WILLOUGHBY, PhD., PE
    Chief Executive Officer


    For further information contact me or:
    Don Myers
    Cypress Development Corp.
    Director, Corporate Communications
    Telephone: +1 (604) 639-3851
    Toll Free: +1 (800) 567-8181
    Facsimile: +1 (604) 687-3119
    Email: info@cypressdevelopmentcorp.com"



  • Das ist nochmal Ein "Allgemeineres All around zu Lithium(EV usw)"




    Lithium Demand and Supply report


    - 71% of current Lithium demand is allocated toward batteries
    - Forecast global Li Demand to grow 100% over the next decade
    - By 2030, EVs will consume 61% of all Li-ion battery demand
    - 2020 BEV sales in EU, US and China totalled 2.31m
    - Forecast global 2021 BEV sales at ~3m
    - Continued corporate consolidation reinforcing existing producer Oligopoly
    - BUY recommendation large producers such as ORE/GXY & SQM
    - Speculative BUY recommendation on ETCM, VUL and Cornish Lithium


    Table Contents

    - Lithium Demand? Let’s Talk Batteries!
    - Lithium Shortages? Not in Our Lifetime!
    - Bow-wave Effect? Production is always Lower than Forecast!
    - Global BEV Sales Trends
    - EV Adoption Increasingly a Political, Not an Economic Narrative
    - Effect of Hybrid vs BEV Uptake on Lithium Demand
    - Near-term Recycling as a Secondary Source? Uneconomic!
    - Effect of Carpooling on Global Vehicle Growth? Substantial!
    - Rise of Graphene/Solid-State Batteries? Not any Time Soon!
    - Appendix A - Lithium Geology and Extraction 30Disclosures
    http://7b5ada19-e8f1-46c1-9324-1cd5cb6510ef.filesusr.com/ugd/53af0a_071edd78c6854b1d81798574495ec49f.pdf



  • http://twitter.com/POTUS/status/1423256327481090048?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1423260543666638849%7Ctwgr%5E%7Ctwcon%5Es3_&ref_url=https%3A%2F%2Fs9e.github.io%2Fiframe%2Ftwitter.min.html1423260543666638849


    http://www.whitehouse.gov/briefing-room/statements-releases/2021/08/05/statements-on-the-biden-administrations-steps-to-strengthen-american-leadership-on-clean-cars-and-trucks/


    http://www.whitehouse.gov/briefing-room/statements-releases/2021/08/05/fact-sheet-president-biden-announces-steps-to-drive-american-leadership-forward-on-clean-cars-and-trucks/


  • "10.000"...........................




    NMA president and CEO Rich Nolan on the future of the mining industry


    http://www.nsenergybusiness.com/features/nma-rich-nolan-interview/


    http://content.yudu.com/web/442ay/0A444i8/WMF016-Pros/html/index.html?page=10&origin=reader


    "Rich Nolan of the National Mining Association (NMA) discusses the key issues the US mining industry is facing today.
    [Blockierte Grafik: https://www.nsenergybusiness.com/wp-content/uploads/sites/3/2021/07/Rich-Nolan-with-Logo-2019_a-1-scaled-e1627566482401-740x520.jpg]
    Credit: National Mining Association


    A year and a half into the global pandemic, the mining industry is working hard to recover from the disruption caused by Covid-19. At the same time, perspectives around mining have been changing, as the industry is set to provide the metals and materials needed to make batteries, wind turbines and solar panels to power the green energy revolution. Rich Nolan, president and CEO of the National Mining Association (NMA), speaks to Nicholas Kenny to discuss his vision for the future of the industry and the action that needs to take place today.


    Historically, mining has been at the heart of all human development, since the transition of cavemen from the Stone Age into the Bronze and Iron Ages. Our progress as a species has been measured in terms of the metals and fuel we dug from the ground powering us through industrial revolutions, wars and technological advancement.


    And while much has been made of the destructive ability of the industry, less time is spent reflecting on its enormous potential to build and create. On 24 January 1848, a man named James W Marshall discovered gold in the water wheel of the eponymous lumber mill at Sutter’s Mill in Coloma, California. Despite being sworn to secrecy by the mill’s owner, who feared for his plans to build an agricultural empire if word got out, Marshall had a loose tongue, and the news spread.


    The California Gold Rush that sparked off from this moment ran from 1848–1855 and brought roughly 300,000 people to the area to take part in the hunt for the precious metal. The sudden influx of gold into the money supply reinvigorated the US economy and the subsequent rapid population explosion allowed California to swiftly push for statehood, which it duly received in 1850.


    The city of San Francisco owes much of its existence to this period of time. It had been a tiny settlement before the rush began, but swiftly boomed as merchants and new people arrived, causing the population to leap from 1,000 full-time residents in 1848 to 25,000 by 1850. It was, in a very real way, built on the back of the mining industry, and is just one example of creative potential of mining. The city would prosper and eventually go on to give the world the United Nations in 1945, the Summer of Love in 1967 and modern-day Silicon Valley.


    Graphite, lithium and cobalt are the key to the US’s green energy plans


    Silicon, however, is not one of the minerals that holds Rich Nolan’s attention. As the president and CEO of the National Mining Association (NMA), his focus is on graphite, lithium and cobalt – the metals that will help propel the US’s current green energy initiatives – and on helping the industry recover from the disruption caused by the Covid-19 pandemic.


    The NMA is the national trade association for the US mining industry, representing coal, metal and industrial mineral producers, mineral processors, equipment manufacturers and other suppliers of goods and services to the domestic mining industry. It is the only national trade organisation that represents the interests of US mining before Congress, the presidential administration, federal agencies, the judiciary and the media.


    A year and a half into the pandemic, the NMA’s top concern continues to be the safety of its workforce, “similar to every other essential industry that has continued to work to provide invaluable resources for our country throughout this crisis,” says Nolan. “Our members worked to adjust to the unprecedented challenge presented by the pandemic, following government guidelines with distancing measures, increased cleaning schedules, and limits on gatherings of groups, and our efforts have not stopped there.”


    As the self-proclaimed “US mining industry’s voice and biggest advocate”, Nolan has played multiple roles in the NMA over the course of his more than 20 years of experience advocating on natural resources sector issues, previously serving for 13 years as senior vice-president of government as well as political affairs.


    Nolan’s current role involves leading the NMA’s public policy efforts before Congress, regulatory agencies and the White House, and setting the strategic agenda for media relations, grassroots communications and political involvement.


    It’s unsurprising, then, to learn that his career began on Capitol Hill, where he served as an aide to several members of Congress and worked as an advisor on multiple campaign committees. Currently, he is also a member of the Board of the US Energy Association and serves on the National Coal Council, a Federal Advisory Committee to the US Secretary of Energy.


    The importance of investing in mining


    In many ways, then, Nolan has served at the forefront of where the US mining industry meets national politics. He has been breathing DC politics for several decades, which gives him a unique insight into how the Biden administration’s future green energy plans are set to affect the sector.


    Speculation has steadily grown over the upcoming American Jobs Plan that looks to tackle the US’s crumbling infrastructure, while also taking strides to tackle climate change, with reports estimating the planned spending to come in the region of $2trn.


    This plan will reportedly cover everything from building electric vehicle charging stations and power lines that can deliver more renewable energy, to capping oil and gas wells to reduce emissions and reclaiming abandoned coal mines.


    Funding will be provided towards the construction of about a million affordable, energy-efficient houses and to improve the energy efficiency of existing structures. Hundreds of billions of dollars will go towards high-growth industries with an eye on the future, such as advanced battery manufacturing.


    “The Biden administration has been laser-focused on job creation, infrastructure, green energy and the electrification of our transportation sector – and mining is central to each,” Nolan points out.


    The advanced technologies that are essential for the future that the Biden administration has laid out – especially where the green energy goals and support for EV production are concerned – all depend on the domestic mining industry.


    The World Bank has estimated that the production of minerals like graphite, lithium and cobalt could increase by nearly 500% by 2050 in order to meet the growing demand for advanced energy technologies. For Nolan, then, it’s pivotal that the US invests in the mining operations taking place on its own soil if the country hopes to have its demands met.


    “For far too long, our minerals import reliance has been a silent, growing threat to the country. But the Covid-19 pandemic increased [US] awareness of the dangers of a heavily import-dependent and vulnerable supply chain,” he says, pointing out that the US’s import dependence for key mineral commodities has doubled over the past three decades.


    “The US is now 100% import-reliant for 17 key minerals, and 50% or more import-reliant for an additional 29 key mineral commodities. All that is despite the fact that we have significant mineral deposits of some of these commodities within our own borders .”................................"



  • Lithium MYTHS 2021


    http://www.linkedin.com/posts/jplowry_lithium-myths-2021-activity-6829059724894314496-WP-l
    "Lack of adequate battery quality lithium supply will limit EV penetration for much of this decade. I realize many organizations disagree so here is my take on the state of the lithium world via a look at common, well accepted myths that drive mistaken thinking about lithium and the "Energy Transition". Sorry about the typos, Fiona is a notoriously poor proofreader................................"



  • http://www.nxtmine.com/news/articles/articles/lithium-americas-corp-earnings-improve-odds-that-production-will-start-in-next-12-months/



  • Die FIrma ist auch ein "Shot" auf "North American Lithium (Self) Supply" denke.


    Hier haben paar Big Boys unterzeichnet, Geld locker gemacht, u.A. Peter Thiel
    http://www.handelszeitung.ch/unternehmen/milliardare-wie-peter-thiel-wollen-in-deutsche-lithium-raffinerie-investieren


    http://www.bloomberg.com/news/articles/2021-01-11/lithium-miner-s-plan-for-german-smelter-pulls-in-billionaires


    https://www.google.com/search?…1wKHW1zA-QQ4dUDCAk&uact=5


    http://uploads-ssl.webflow.com/5f610bda24121dca7dfd806f/60907d175693a00adb8e9df6_Presentation%20Rock%20Tech%20Lithium%20-%20May%202021.pdf


    http://www.rocktechlithium.com/news


    http://www.youtube.com/results?sp=mAEB&search_query=rock+tech+lithium



    Das dürfte/könnte auch noch "POTENZIELL DEUTSCHLAND RELEVANT" werden.

  • Im Bereich "Lithium" gehören Sie zu Meinem 3er Gespann, bestehend Iconic Minerals, Cypress Development und AVZ Minerals



    Iconic



    http://www.wallstreet-online.de/diskussion/1238865-1-10/spannende-lithium-wundertuete-starken-ppm-werten-deutschland-schirm#beitrag_69047519
    "habe heute in CAN noch ein paar stücke eingesammelt - habe gehört wir sollen de PEA - VERY SOON!! sehen [Blockierte Grafik: https://img.wallstreet-online.de/smilies/smile.gif] bin gespannt. daumen drücke für uns longs"



    "3"er Gespann muss noch korrigiert werden, ist ein "4"er, Vulcan Energy noch vergessen.

  • Cypress Development: "Tight lithium supply means growth opportunities for miners in Nevada’s Clayton Valley"


    [Blockierte Grafik: https://aheadoftheherd.com/app…c-car-charge-1024x634.jpg]http://aheadoftheherd.com/cypress-development-tight-lithium-supply-means-growth-opportunities-for-miners-in-nevadas-clayton-valley/


    "2021.08.21


    It’s no secret by now that the world will need more lithium for our clean energy endeavors.


    Industry analysts everywhere are forecasting drastic increases in demand for this key EV battery ingredient over the next decade and beyond.


    Fitch Solutions is predicting global EV sales to reach over 4.6 million units this year, about 50% more than 2020, even surpassing the previous year’s growth rate of 36.8%.


    Recent study by BloombergNEF shows that 5.3 times more lithium will be in demand by 2030 compared to current year levels (see below).



    [Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/08/image-118.png]




    In its H1 Battery Metals Outlook, BNEF forecasts total battery demand for 2030 has risen 35% over the past year, owing to expected higher sales of passenger electric vehicles.


    The surge in demand has also pushed lithium prices to levels last seen in 2018. According to a recent article in The Northern Miner, lithium carbonate and hydroxide prices have climbed by 71% and 91%, respectively, this year.


    The performance of lithium prices has also lifted the spirits of lithium miners, as well as their outlook.


    After blowing their last year’s H1 earnings out of the water, Chile’s SQM stated in its results call that “global demand for lithium is accelerating at a faster clip than previously thought.”


    With electric-vehicle demand surging more than 150% in the first half from a year ago, price growth is exceeding expectations, the world’s second-largest producer told Bloomberg this week, adding that it expects global demand for lithium to increase more than 40% this year.


    “We now believe that total global demand could surpass 1 million tonnes in 2025,” the company predicted.
    Facing such an enormous rate of demand growth, the industry’s ability to secure more supply should be in question.


    In a recent report by Fastmarkets surveying market participants in the battery supply chain, a majority of the respondents flagged lithium as the metal that is the most difficult to secure in the near term.


    “The supply of lithium is tight at the moment, as the expansions in South America have taken longer to come on stream,” Will Adams, the head of Fastmarkets’ battery raw materials research team, said.


    “And even though this new capacity will shortly be ramped up, it will still take six to eighteen months for the material to be qualified.”


    The global lithium market is estimated to reach a deficit of 12,000 tonnes of lithium carbonate in 2022, compared with a surplus of 3,000 tonnes in 2021, according to Fastmarkets’ estimation.


    The industry may eventually turn its attention to the US, where President Joe Biden has set an ambitious target to make half of new vehicles sold in 2030 zero-emissions vehicles.


    The nation is also scheming to expand its domestic lithium sources, having listed the battery metal as a critical mineral back in 2018, to lessen its reliance on foreign production.


    Nevada – Next Lithium District??????????????????????????????????????????


    While mainly known for its rich bounty of precious metals, the US state of Nevada — specifically the Clayton Valley region — may be on its way to becoming the next frontier for lithium mining.


    It is home to the only lithium-producing operation found in all of North America: Albemarle’s Silver Peak mine, which has been in continuous operation since 1966.


    Aside from its favorable geology for lithium brine, Nevada’s access to public land, streamlined permitting and supportive State government are the most important factors that are attracting mining companies.



    Cypress Development Corp.


    Within the same geographical area, a company that is committed to developing America’s next lithium supply is Cypress Development Corp. (TSXV: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1), which presently holds 100% interest in a lithium project — also named Clayton Valley — in southwest Nevada.


    Cypress’ Clayton Valley property covers a total area of 5,430 acres and is located immediately east of the Albemarle operation (see maps below).



    [Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/08/image-119.png]Clayton Valley Lithium property location map




    [Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/08/image-120.png]


    ......................................."

  • http://aheadoftheherd.com/cypress-development-tight-lithium-supply-means-growth-opportunities-for-miners-in-nevadas-clayton-valley/


    ".............................Exploration and development by Cypress have led to the discovery of a world-class resource of lithium-bearing claystone adjacent to the brine field to the east and south of Angel Island, an outcrop of


    Paleozoic carbonates protruding up through the lakebed sediments.


    Lithium mineralization at Clayton Valley occurs within montmorillonite clays throughout the sediments to a depth of at least 150 metres. Metallurgical testing indicated low-cost processing can be achieved by leaching with low acid consumption (126 kg/t) and high lithium recovery over 85% Li.


    These high extractions prove the dominant lithium-bearing minerals present are not hectorite, a refractory clay mineral that requires roasting and/or high acid consumption to liberate the lithium.


    The company is currently working towards a feasibility study and permitting of a mine and metallurgical facility for its large deposit of lithium-bearing claystone.


    Should EVERYTHING GO ACCORDING TO PLAN, CYPRESS BELIEVES CLAYTON VALLEY WOULD BECOME A VIABLE SOURCE OF HIGH-PURITY LITHIUM HYDROXIDE (LiOH) SUITABLE FOR TIER 1 BATTERYY USAGE FOR DECADES.


    Potential Low-Cost Producer


    According to Cypress, a key feature of its Clayton Valley project is the large flat-lying nature of the lithium claystone deposit. This allows mining with a low strip ratio (0.29:1) due to minimal overburden and no interbedded waste. Surface mining will require no drilling or blasting in excavation at all.

    Metallurgical testing indicates low-cost processing can be achieved by leaching with low acid consumption (126 kg/t) and high lithium recovery over 85%.

    In the PFS (2020), it is estimated that Cypress’s Clayton Valley project could produce 27,400 tonnes of lithium carbonate equivalent (LCE) per year on average, at a mining and processing rate of 15,000 tpd of mill feed.

    This production figure is based on probable mineral reserves of 213 Mt averaging 1,129 ppm Li (1.28 Mt LCE). Reserves and production plan are derived from an indicated mineral resource of 1,304 Mt averaging 905 ppm Li (6.28 Mt LCE)



    [Blockierte Grafik: https://aheadoftheherd.com/app/uploads/2021/08/image-121.png]Lithium-enriched drill core from Clayton Valley project



    The project’s large resource allows the mineral resources and reserves for the PFS to be derived from only a portion of the property (initial pit), showing a mine life of 40-plus years. All resources and reserves are pit-constrained by property and geologic boundaries.

    Given the large deposit size and its surface exposure and flat-lying characteristics, Cypress believes its Clayton Valley property has the potential to become a sustainable low-cost producer of lithium for the long run.

    “These positive results take us closer to our goal of developing a world-class lithium deposit. Cypress’s land position and resources afford us the opportunity for a long-life project with low operating costs and potential to be a significant source of lithium for the United States,” Cypress CEO Dr. Bill Willoughby commented .


    Pilot Plant Close to Completion


    The PFS study supported further work on the lithium deposit, with the recommendation to conduct a pilot plant study to advance the project towards Feasibility Study (FS) and permitting.

    Development of the lithium extraction plant began in March 2021 at a metallurgical facility south of Beatty, Nevada. The extraction facility is operated by del Sol Refining Inc., which is permitted under state laws for chemicals use with permits in place with the US Environmental Protection Agency (EPA).

    The purpose of the program is to ensure all the processes work together as a single unit, and to identify and resolve any scale-up or potential operational issues, in accordance with the recommendations outlined in the PFS.

    The initial operation of the pilot plant will focus on chloride-based leaching to confirm the results of the company’s scoping study on lithium extraction.

    The pilot plant is planned to operate at a rate of one tonne/day and will be designed for correct interaction and testing of the major components within the extraction process and assessment of the resulting lithium products.

    According to Cypress, the program would provide essential data for a planned feasibility study and enable the company to produce marketing samples to support negotiations with potential offtake and strategic partners.


    Late July, the company announced that assembly of the pilot plant is nearing completion; all major components are on site including the Chemionex portion of the process.


    Meanwhile, claystone samples have already been collected and are currently undergoing preparation and analysis at Cypress’ Tonopah, Nevada, site prior to its shipment to the pilot plant in Amargosa Valley.


    Cypress is planning to commission the pilot plant in August ......................................................."

  • http://aheadoftheherd.com/cypress-development-tight-lithium-supply-means-growth-opportunities-for-miners-in-nevadas-clayton-valley/


    "......................


    Conclusion


    Concerns over the global supply of lithium have increased since early this year in response to the booming EV market, and projects like Cypress’ world-class claystone deposit will be vital in restoring the market balance.


    Ever since acquiring the lithium claims back in early 2016, Cypress has made tremendous progress in bringing the Clayton Valley project closer and closer to production, with sampling and drilling leading to a positive PFS.


    As shown in the study, a potential 40-plus-year operation that is capable of producing 27,400 tonnes of LCE at an industry-low cash cost of $3,400 per tonne could be a game-changer.


    Right now, there are only a handful of sedimentary-hosted lithium projects in the world that are comparable in terms of size and cost-efficiency.


    Add to the fact the world’s biggest lithium producer, Albemarle, is situated right next door, always ready to grow its portfolio and output, Cypress and its low-cost operation could even make a compelling target for the top miner.


    Cypress Development Corp.


    TSXV:CYP, OTCQB:CYDVF, Frankfurt:C1Z1
    Cdn$1.38, 2021.08.19
    Shares Outstanding 120.65m
    Market cap Cdn$166.5m
    CYP website


    Richard (Rick) Mills
    aheadoftheherd.com
    subscribe to my free newsletter



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    AOTH/Richard Mills recommends that before investing in any securities, you consult with a professional financial planner or advisor, and that you should conduct a complete and independent investigation before investing in any security after prudent consideration of all pertinent risks. Ahead of the Herd is not a registered broker, dealer, analyst, or advisor. We hold no investment licenses and may not sell, offer to sell, or offer to buy any security.


    Richard owns shares of Cypress Development Corp. (TSXV: CYP)."

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