Cypress Development Corp. announced that Bill Willoughby, PhD, PE, has joined the company's Board of Directors and will serve as Chief Executive Officer for the company. Dr. Willoughby is a mining engineer with 38 years of experience in all aspects of natural resources development. Since 2014, he has been principal and owner of consulting firm Willoughby & Associates, PLLC. Don Huston has been appointed Chairman of the Board of Cypress Development and will continue with his role as President of the company.

The company announce it has received an Area of Disturbance Permit from the U.S. Bureau of Land Management (BLM) Nevada for Cypress' Dean Lithium Project in Clayton Valley, Nevada. The BLM Permit allows Cypress to move forward with a second series of diamond drill holes on the Dean Project using NQ diamond drill core methods of approximately 2 inch diameter core. Morningstar Drilling of Three Forks, Montana will complete the drilling with drilling expected to commence by the end of September 2017.