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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: CYP Moving up by Xmas

This was just posted by Gold Eagle

TSX: GEA

TORONTO, Dec. 6 /CNW/ - Gold Eagle Mines Ltd. (TSX: GEA) ("Gold Eagle" or the "Company") is pleased to announce additional results from the FN Series of holes on its 100% owned Gold Eagle property in Red Lake, Ontario. The Gold Eagle property is situated along the Red Lake Trend, west of Goldcorp's Red Lake and Campbell Mines and immediately southwest of Goldcorp's Cochenour-Willans Mine.

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Highlights

- Step-out drilling extends the Finn Zone by 20 metres to the
southwest and 45 metres vertically.
- The Finn Zone is a minimum of 470 metres in a horizontal direction
and 345 metres deeper than the Bruce Channel Discovery mineralized
envelope.
- The Finn Zone remains open in all directions.
- With the completion of the FN Series of holes, the rig has moved to
the southerly edge of the Bruce Channel Discovery mineralized
envelope in order to commence a series of step-out holes in a
southwesterly direction towards the Finn Zone.
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See map, "Drill Plan (FN Series-Dec07)", on the company website http://www.goldeaglemines.com

The FN Series were initiated as part of a regional reconnaissance program designed to obtain stratigraphic and structural geology information on the southeastern area of the Gold Eagle property. Drilling has successfully confirmed a significant new area of gold mineralization named the Finn Zone.

Within the Finn Zone, gold mineralization, carbonate alteration zones and host rocks have been intersected that bear striking similarities to the structures and mineralization within theBruce Channel Discovery ("BCD") mineralized envelope, which is located approximately 475 metres to the northeast.

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