Ongoing Pilot Plant Construction In Nevada

VANCOUVER - Cypress Development Corp. reported on its ongoing pilot plant construction in Nevada. Equipment deliveries are on track and plant assembly is expected to commence by month end at the leased facility in Amargosa Valley. The plant remains on schedule is expected to be fully operational in July 2021.

The Company has entered into a services agreement with Chemionex Inc. to advise on the DLE section of the pilot plant.

The pilot plant is intended to confirm the extraction of lithium from the Company’s Clayton Valley Lithium Project, in accordance with the recommendations outlined in the Company’s Prefeasibility Study. The initial operation of the pilot plant will focus on chloride-based leaching to confirm the previously announced results.

The plant at the Amargosa Valley site will be configured into three primary sections: leaching, tailings handling and DLE.