Canadian lithium and zinc exploration company Cypress Development Corp. (Cypress), has announced results from the company's first three holes completed in its fall 2017 drill programme at its 100%-owned Dean and Glory Lithium properties in Clayton Valley, Nevada. The results include an intersection of 102.7 m of 1029 ppm Li within DCH-11 on the Dean property.
Canadian lithium and zinc exploration company Cypress Development Corp. (Cypress), has announced results from the company's first three holes completed in its fall 2017 drill programme at its 100%-owned Dean and Glory Lithium properties in Clayton Valley, Nevada. The results include an intersection of 102.7 m of 1029 ppm Li within DCH-11 on the Dean property.
Cypress has completed five core holes in its fall programme on the Dean property. Results from the remaining holes on Dean are expected in December, and will assist in determining where additional drilling is needed. In the meantime, as previously announced, the drill rig was moved South onto the adjoining Glory property where drilling is continuing and seven holes are planned.
Dean Drilling Highlights:
The intersection in DCH-11 of 102.7 m of 1029 ppm Li demonstrates continuity over a large thickness of claystone, and extending North from the South end of Dean.
DCH-10, 400 m to the Southeast of Hole DCH-11, intersected 63.5 m of 1014 ppm Li. The hole was abandoned due to ground conditions and ended in 1068 ppm Li. Mineralisation here remains open at depth and to the East.
In DCH-10, dark green to black ash-rich mudstones were encountered at a depth of 53.4 m, which averaged 1367 ppm Li over 10 m and included 1 m of 2240 ppm Li. This is the first time DCH-11 included an interval of consistently higher grades over 36.9 m, starting at a depth of 8.2 m. Samples here averaged 1308 ppm Li over 36.9 m and suggest a higher-grade zone may exist within the overall northeast trend.
All holes to date clearly show a large, tabular, lithium-bearing formation underlying the Dean property.
Drilling has now outlined a large area of mineralisation of approximately 4 km in length and 2 km in width at Dean.
Laboratory work continues to test the solubility of the lithium-enriched claystone under varying conditions and reagents.