2. Forward Looking Statements
Some of the statements in this document may be deemed to be "forward-looking statements". All
statements in this document, other than statements of historical facts, that address events or
developments that management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future performance, and actual
results or developments may differ materially from those in the forward-looking statements. The
Company undertakes no obligation to update these forward-looking statements if management's
beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual
results to differ materially from those in forward-looking statements, include market prices,
exploration and development successes, continued availability of capital and financing, and general
economic, market or business conditions. Please see the public filings of the Company at
www.sedar.com for further information.
Qualified Persons
Robert Marvin, BSc., P.Geo., Director and VP of Exploration, and William Willoughby, PhD, PE, CEO
for Cypress Development Corp. are the Qualified Persons as defined by National Instrument 43-101
and supervised the preparation of the technical information in this presentation.
3. Management
William Willoughby, PhD, PE, - Director, CEO
Bill Willoughby, PhD, PE serves as a Director and Chief Executive Officer for Cypress Development Corp. 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. Prior to that, he
was President and COO of International Enexco Ltd., which was acquired by Denison Mines in 2014. He
previously held various positions with Teck (Cominco). Dr. Willoughby has been a Professional Engineer since
1985 and received his Doctorate in Mining Engineering & Metallurgy from the University of Idaho in 1989.
Donald C. Huston – Chairman, President
Don Huston serves as Chairman of the Board and as President of Cypress Development Corp. He has been
associated with the mineral exploration industry for over 30 years and has extensive experience as a financier
and in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red
Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral
exploration consultants in northern Ontario, Manitoba and Saskatchewan.
Robert D. Marvin, BSc, P.Geo, - Director, VP of Exploration and QP
Bob Marvin, P.Geo., serves as a Director and VP of Exploration and Qualified Person for Cypress Development
Corp. He has been involved in mineral exploration and evaluation of lithium, gold, copper, zinc and uranium
deposits in Nevada and throughout the Americas as an employee and as an independent consultant. He
graduated from the University of New Mexico with a Bachelor of Science Degree in Geology in 1984.
James G. Pettit – Director, CFO
Jim Pettit serves as a Director and acting CFO of Cypress Development Corp. Mr. Pettit offers over 25 years of
experience within the industry specializing in finance, corporate governance, management and compliance. He
specializes in the early stage development of private as well as public companies. His background over the past
25 plus years has been focused primarily within the resource sector where he has managed and directed junior
resource companies through good times and bad. Jim was previously Chairman and CEO of Bayfield Ventures
Corp. which was bought by New Gold Inc. in January 2015.
OA-GRA09a
4. Cypress Capital Structure
TSX Venture Exchange Symbol: CYP
US OTC Pink Symbol:
Frankfurt Exchange Symbol:
CYDVF
C1Z1
Shares Issued & Outstanding: 54.5 million
Fully Diluted Shares Outstanding: 79.1 million
Market Capitalization: $13.1 million
Year End: December 31st
6. Cypress Relative to Other Lithium Companies
In the lithium market space, company size, market,
deposit types, location, and technical/management
teams play an important roll in market capitalization.
Cypress, with a low market capitalization offers
potential upside when additional data is available
regarding the lithium discovery in claystone at
Clayton Valley Nevada.
7. Current Lithium (LiCO3) & Outlook Prices
China Lithium “Spot” Price Curve Estimated Future Lithium Prices
For large fixed contracts, Industrial Minerals reported an annual average U.S. lithium
carbonate price of $13,900 per metric ton in 2017, a 61% increase from that of 2016.
Source: Lithium Americas Presentation January 2018
8. Primary Global Lithium Uses in 2018
• Batteries are now the highest
demand for Lithium in the world,
using almost half of the words
production.
• World Lithium use for batteries has
increased from 20% in 2008 to
46% today.
• One year increase in use for
batteries is 39% (2017) to 46%
(2018).
• Ceramics is the only other use
with growth in use over the same
period, increasing from 20% in
2008 to 27% today. Though, it
declined by 10% from 2017 to
2018.
Source: USGS Mineral Commodity Summaries, 2018, Lithium.
9. Lithium Timing
The energy storage revolution is generating high demand for lithium, with analysts forecasting
demand increases for the product (Li) in the near future.
Battery companies are scaling up lithium-ion production with mega-factories and are
actively acquiring the raw material through off-take agreements.
Companies already producing lithium are attempting to increase production.
Rockwood Holdings was purchased by Albemarle Corporation (NYSE: ALB) in 2014 for $6.2
billion USD. This purchase included the Silver Peak Lithium Mine located in Clayton Valley,
Nevada.
Tesla Motors is building a $5 billion battery gigafactory outside Reno, Nevada. A large amount
of the supply of lithium will have to come from Nevada production. Tesla received major state
tax incentives ($1.3 billion over the next 10 years for Tesla).
Electric vehicles and energy storage has become a huge demand driver for the increased
production in Clayton Valley and for the exploration and discovery of more lithium deposits in
Nevada.
10. Clayton Valley Project Highlights
The lithium mineralization discovered at Cypress’ Dean and Glory properties is located
within a basin hosting the only significant lithium production in the United States, and is in
close proximity to mining infrastructure.
The consistent nature of the lithium mineralization encountered at Cypress’ Dean and Glory
properties is encouraging for size potential; and resource extraction methodologies.
Based on the location, size, chemistry, and geometry of this lithium discovery, Cypress
believes this new source of lithium mineralization could become a long-term, reliable supply
of lithium – with a scale that could significantly impact the future production of lithium in the
Clayton Valley.
Current data outlines an area seven kilometers-long with recent drilling and metallurgical
work should allow the Company to start estimating a possible lithium resource at Cypress’
Clayton Valley project.
12. Location & Infrastructure
Well maintained state highways connect Silver Peak to the main road network in Nevada.
Nevada has fostered a thriving mining industry with associated development expertise,
construction and operations services and a mature regulatory environment.
Single best mining jurisdiction in the U.S. and ranked 3rd globally by the respected “Fraser
Institute’s annual Survey of Mining Countries”.
Graded and maintained gravel roads link Silver Peak to the southern half of Clayton Valley.
Nearest rail system is in Hawthorne, Nevada, approximately 90 miles by road.
Public use airport in Tonopah with two runways.
Electrical connection is possible at the sub-station in Silver Peak.
Water supply is currently served by the Silver Peak municipal water supply.
13. Extensive volcanic-derived claystone east and south of brine field and Angel Island
Lithium in illite and montmorillonite clays to depth of at least 112 m below surface
Gentle easterly dipping claystone beds
Fault bounded block to west and east, minor faulting internally
Consistent shallow redox boundary with oxidized claystone above and darker
reduced claystone below
Geology
18. Initial testing on surface samples showed to 35% of Li is water soluble
Subsequent testing on core showed subsurface material is not water soluble
XRD and acid leach tests showed mineralogy is not hectorite, a clay that requires
roasting
Testing shows able to extract 80% of Li into sulfuric acid solution
On-going work to refine leach conditions and characterize material across the
deposit
Lithium Recovery
