Cypress Development Corp. is advancing lithium exploration projects in Nevada, including the Clayton Valley and Alkali Valley projects. The Clayton Valley project has returned high lithium assays from surface sampling, including a result of 3,070 ppm lithium. Cypress plans to drill at Clayton Valley to test for lithium-rich brines beneath the surface. The company's goal is to develop lithium resources and become a supplier for the growing lithium-ion battery market.