CYPRESS ( CYP ) DRILLING UPDATE

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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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ful´o´gas

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CYPRESS ( CYP ) DRILLING UPDATE

in response to

CYPRESS ( CYP ) DRILLING UPDATE

ful´o´gas

posted on Jul 20, 2009 12:35PM

...Good morning all.

.
Drilling has now reached 1295 metres as of this morning, and they remain on course.
.
They have now started into the iron formation as expected and expect that they will remain in it for approx. 100 - 150 meters . They expect also , that less wedging may be needed from this point and going forward.

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