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Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

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Message: DRILLING UPDATE

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DRILLING UPDATE

posted on Oct 11, 11 03:45PM (Log in to use the IP Check tool) ^[?]

Tue Oct 11, 2011
Cypress Drilling Update on Broulan Reef Red Lake Gold Project, NW Ontario
Red Lake drill hole BR01-11 is at 589.5 meters. Hole is staying steep, last test at 540 meters gave a 85.7 degrees inclination reading. Bob Marvin, P.Geo., CPG, Project Manager is the Qualified Person as defined by NI 43-101 and has provided and approved the drilling updates that are posted here.

TARGET DEPTH IS BETWEEN 700 to 800M.

TH