we knew this was going on, but at least nice to see official release of the news from CYP.
VANCOUVER, BC, Nov. 10, 2021 /PRNewswire/ - Cypress Development Corp. (TSXV: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1) ("Cypress" or "the Company") is pleased to report extraction testing of lithium- bearing claystone from the Company's 100% owned Clayton Valley Lithium Project ("Project") in Nevada has commenced. The test work is ongoing at Cypress' pilot plant in Amargosa Valley, Nevada, and utilizes chloride-based leaching combined with the Chemionex—Lionex process for Direct Lithium Extraction (DLE).
"The pilot plant is operating as designed. Leaching is now underway on lithium clay" stated Bill Willoughby, President and CEO of Cypress. "I would like to thank the team for doing an excellent job in bringing the pilot plant to this point, and we look forward to obtaining the test results from the program."
The pilot plant is located at a secure facility, approximately 100 miles (160 km) southeast of the Company's Clayton Valley Lithium Project, operated by del Sol Refining, Inc. The pilot plant test program is intended to confirm and optimize the extraction of lithium from Cypress' Project, following the recommendations outlined in the Company's Pre-Feasibility Study. Operations are under the direction of Continental Metallurgical Services, Llc., with support from del Sol Refining, Inc., and Chemionix Inc..