Cypress Development Corporation (TSXV: CYP | OTCQX: CYDVF) has announced that Wood Plc and Global Resource Engineering (GRE) will be conducting the work required to complete a feasibility study on the company’s Clayton Valley Lithium Project located in Nevada, USA.
Wood, as the lead consultants, will bring together and author the overall report, including direct responsibility for infrastructure, process design, processing facilities, tailings and waste facilities, and environmental stewardship. GRE, which completed the preliminary economic assessment and pre-feasibility study on the project, will be responsible for the geologic model, estimation of resources and reserves, and compilation of mine plan and mining production schedule.
Wood has completed numerous studies for mining projects in Nevada as well as relevant studies for various lithium projects globally, having just been awarded an agreement last month with Green Lithium, the mineral processing company, to be its owner’s engineer to build and operate the UK’s first large-scale commercial lithium refinery.
About Cypress Development
Cypress Development is a Canadian based advanced-stage lithium exploration company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Work completed by Cypress led to the discovery of a resource of lithium-bearing claystone adjacent to the Albemarle Silver Peak mine, North America’s only lithium brine operation. Cypress is advancing its Clayton Valley Lithium Project in Nevada towards the production of high-purity lithium hydroxide suitable for tier one battery usage.
For further information please visit: https://cypressdevelopmentcorp.com/
