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Featured mining stocks

SilverCrest Metals Inc.

(TSXV: SIL.V; OTCQX: SVCMF)

SilverCrest Metals Inc. (TSXV: SIL.V; OTCQX: SVCMF) is a Canadian precious metals exploration company headquartered in Vancouver, BC , that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.

SilverCrest Metals (TSXV: SIL.V; OTC: SVCMF) Presentation at #VRIC17

Mining News

Eric Sprott Announces Voting Support Agreement with Respect to Ascot Resources Ltd.'s Proposed Acquisition of Jayden Resources Inc.'s Subsidiary, Jayden Resources (Canada) Inc.
Toronto, Ontario - August 17, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Further to the press release of Jayden Resources Inc. ("Jayden") dated August 13, 2018, Eric Sprott announces that 2176423 Ontario Ltd. ("2176423 Ontario"), his holding company, has entered into a voting support agreement with Jayden and Ascot Resources Ltd. ("Ascot") in connection with Ascot's proposed acquisition (the "Transaction") of all of the shares of Jayden's subsidiary, Jayden Resources (Canada) Inc., in exchange for Ascot common shares.

#Miningstocks: Forum Energy Metals (TSXV: FMC) Commences Drilling at Janice Lake in Saskatchewan's Wollaston Copperbelt
Vancouver, British Columbia - August 14, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is pleased to announce that it has commenced a diamond drill program on its Janice Lake sedimentary copper project located in northern Saskatchewan's Wollaston Copperbelt.

Gold Explorer's Projects Offer 'Significant Room for Value Creation'
August 14, 2018 (Investorideas.com Newswire) A ROTH Capital Partners report relayed the key points from the company's quarterly update.

Turning Dimes to Dollars in British Columbia
August 14, 2018 (Investorideas.com Newswire) John Newell, technical analyst and portfolio manager with Fieldhouse Capital Management, profiles a prospect generator exploring in and around British Columbia's Golden Triangle.

Explorer Hits Big Gold at Forrest Kerr in the Golden Triangle
August 14, 2018 (Investorideas.com Newswire) Rick Mills of Ahead of the Herd discusses the recently released drill results from the first hole of the summer season

#Miningstocks: Contact Gold (TSXV: C) Makes New Gold Discovery at the West Target, Pony Creek
Vancouver, British Columbia - August 14, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Contact Gold Corp. (TSXV: C) (the "Company" or "Contact Gold") is pleased to announce drill results from an additional 12 holes, totaling 2,500 metres from its 2018 drill program at the Pony Creek gold property ("Pony Creek"), located in Elko County, Nevada, adjacent to Gold Standard Ventures' Railroad-Pinion Project.

#Miningstocks: Grizzly (TSXV: GZD) Mobilizes Field Crew to the Robocop Cobalt-Copper-Silver Property, BC, Issues Options
Edmonton, Alberta - August 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Grizzly Discoveries Inc. (TSXV: GZD) (FSE: G6H) ("Grizzly" or the "Company") is pleased to announce that it has mobilized a field crew to the Robocop Cobalt-Copper-Silver (Co-Cu-Ag) project near Roosville in southeast British Columbia (B.C.).

'Pivotal Year' Expected for Gold Explorer
August 13, 2018 (Investorideas.com Newswire) In the wake of an exploration update, ROTH Capital Partners updated its outlook for this company's projects in the American West.

Prospect Generator Inks Deal on Golden Triangle Properties
August 13, 2018 (Investorideas.com Newswire) Gregory Beischer, president and CEO of Millrock Resources, in conversation with Maurice Jackson of Proven and Probable, discusses his company's assets in Mexico, the sale of its Golden Triangle assets and future plans for the prospect generator.

#Miningstocks: EMX Royalty (TSXV: EMX) Reports on Progress at the Balya Lead-Zinc-Silver and Sisorta Gold Royalty Properties in #Turkey
Vancouver, British Columbia - August 13, 2018 (Newsfile Corp.) (Investorideas.com Newswire) EMX Royalty Corporation (TSXV: EMX) (NYSE American: EMX) (the "Company" or "EMX") is pleased to provide an update on recent advancements on two of the Company's royalty properties in Turkey.

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Mining News from Global Newswire

Platinex Provides Corporate Update and Grants Stock Options

TORONTO, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Platinex Inc. (CSE:PTX) ("Platinex" or the "Company") wishes to provide an update on various activities that the Company has been pursuing.

Oregon Projects Update

As announced in the press release in January 31, 2018, the Company has closed an acquisition of a royalty interest in Dave's Space Cakes LLC ("DSC"), a company which owns the intellectual property to a line of cannabis-infused brownies and an acquisition of a 51% interest in Intergalactic Foods LLC ("IGF"), a company which obtained a cannabis processing license from the Oregon Liquor Control Commission ("OLCC") in April 2018. The products, to which DSC has rights are being manufactured in the facility that is being leased by IGF in Eugene, OR and the sales have been ramping up since IGF commenced operations. The operation is close to breakeven and once it achieves positive cashflow the Company expects that a royalty payment will be made to the Company by DSC.

While there have been normal startup hurdles that both DSC and IGF have experienced,  Platinex management is optimistic on the future potential of the business as DSC develops and rolls out new product lines and as IGF expands its manufacturing capabilities. The Company continues to work with the principal of IGF and DSC to explore ways to create value and ramp up sales.

Walter Henry, CEO of Platinex commented – "We're pleased with the progress DSC and IGF have made in a relatively short time frame. We remain optimistic on the potential of the licensed cannabis-infused product market in the State of Oregon and are exploring new ways of assisting DSC and IGF with achieving a stronger foothold. As the dynamics of the Oregon market continue to evolve, we aim to work with our partners to assist them in establishing a strong position in the niches where they operate."

Revised terms under Glas Huis LOI

The letter of intent ("LOI") with Glas Huis (Press Release dated April 4, 2018) has been renegotiated extending the closing date of the Definitive Agreement until September 30, 2018 and changing the terms whereby Platinex can increase its initial 51% interest in Glas Huis to 60% by expending US$1.5 million over 6 months beginning September 2018 and granting 500,000 options versus the issuance of 500,000 shares of Platinex. The initial expenditures by the Company for the second half of 2018 are estimated at approximately US$160,000. The LOI provides conditions which are customary for this type of transaction, including regulatory approvals and Platinex completing the change of business ("COB") pursuant to the policies of the Canadian Securities Exchange ("CSE").

Glas Huis is a 10 time award winning company: 4 of those awards are based on analytical laboratory results for the highest THC and Terpene content (like a "best in show").  The Principal and Co-Founder of Glas Huis, Lindsey Pate was recently featured in Marijuana Venture Magazine's Annual "40 Under 40, Rising Stars of Cannabis". 

Cash Flow Investment and Cannabis Royalties Search

The Company believes that the cannabis businesses in the United States continue to face significant challenges to source and secure capital funding for their projects. The Company is continuing its search for new cannabis related cash flow and royalty investment opportunities.  The Company's preference is to invest in the current or near-term cash flow of cannabis operations in which the debt capital can be used by a business to re-invest in or grow its respective operations or product lines.

Platinex is also currently negotiating with other parties to make investments in cash flowing cannabis related operations.  The funding of these investments will initially be provided as debt arrangements provided on behalf of the Company, where the repayments will be offset by the respective cash flows acquired.  Platinex management is confident that there are numerous suitable opportunities in various cannabis markets for the Company to expand such investments based on positive interest expressed to date. 

In addition, the Company has also received interest from both private debt providers and third-party lenders to fund this type of investment strategy in conjunction with Platinex.

With the earlier announcement the Company of three new directors with solid cannabis experience, (see press release dated August 2, 2018), the Company will now have significant insight into the cannabis market as it evaluates all future opportunities.  The Company's formal guidelines regarding its due diligence process is being developed and will be implemented as the Company continues to work to complete the COB.

While the Company continues to seek potential investment and acquisition targets, it continues to operate as a mining issuer under the policies of the CSE and intends to continue to do so until it completes the COB and obtains other requisite regulatory approvals. There is no assurance that the proposed acquisitions by the Company will be successfully completed on favorable terms or at all, or that it will secure requisite approvals.

Grant of Options

The Company also wishes to announce that it has granted an aggregate of 600,000 stock options under its stock option plan to existing directors and officers of the Company. All of the options are exercisable at a price of $0.07 per share and have a term of 5 years.

NameTitleOptions Granted
Jim TruslerChairman150,000
Walter HenryPresident & CEO150,000
Lorne BurdenDirector200,000
Lori ParadisOfficer100,000

Seeking Alternatives for the Shining Tree Property Due to Market Interest

Platinex also announces that since the filing on SEDAR of a National Instrument 43-101 Technical Report on the Shining Tree Property, the Company has received several unsolicited inquiries expressing interest in the Shining Tree property. The Company will continue to evaluate all potential investment inquires with a view to maximizing shareholder value on this property. At this time, Shining Tree Property continues to be the Company's main asset.

The Shining Tree property comprises 130 contiguous mineral claims (876 claim units), covering approximately 14,016 ha, and is situated approximately 600 km (by road) north of Toronto, and 40 km south-southwest of the Town of Gowganda, in the Larder Lake Mining Division of Ontario. 

About Platinex Inc.

Platinex has been focusing its mining business efforts to assemble a very large property in the Shining Tree gold camp, which has received little modern exploration compared to other gold camps in the Abitibi greenstone Belt. At the same time, Platinex is focused on developing various strategies to capitalize on the lucrative growth of the Cannabis industry in North America. Common Shares of Platinex are listed for trading on the Canadian Securities Exchange under the symbol "PTX".

For further information, please contact:

Walter Henry, President and CEO
416-414-5825
Email: info@platinex.com

David Posner
647-985-6727
Email: dposner44@gmail.com

To receive Company press releases, please email lparadis@platinex.com and mention “Platinex press release” on the subject line.

FORWARD-LOOKING STATEMENTS:
This news release may contain forward-looking statements and information based on current expectations.  These statements should not be read as guarantees of future performance or results.  Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements.  Such statements include submission of the relevant documentation within the required timeframe and to the satisfaction of the relevant regulators, completing the acquisition of the applicable assets and raising sufficient financing to complete the Company's business strategy.  There is no certainty that any of these events will occur.  Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct.  We assume no responsibility to update or revise them to reflect new events or circumstances.

Investing into early stage companies, inherently carries a high degree of risk and investment into securities of the Company shall be considered highly speculative.  Furthermore, the Company seeks to enter the cannabis market in the United States, where some states have legalized cannabis for medical or adult recreational use, while cannabis remain illegal under United States Federal law.  As such, the Company may become subject to additional government regulation and legal uncertainties that could restrict the demand for its services or increase its cost of doing business, thereby adversely affecting its financial results.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any province in which such offer, solicitation or sale would be unlawful.  The securities issued, or to be issued, under the Private Placement have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Dajin Completes Drill Pads and Access Roads at Teels Marsh Lithium Brine Project

VANCOUVER, British Columbia, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTCQB: DJIFF) (Germany: C2U1) management is pleased to report that Dajin’s engineers, Welsh Hagen Associates, Inc. located in Reno, Nevada, have completed the construction of access roads and drill pads at Dajin’s 100% owned, Teels Marsh Lithium brine project in Mineral County, Nevada.  Welsh Hagen provided the design, prepared the BLM Notice of Intent and construction services for Dajin.  Construction equipment was supplied by Tipton Trucking of Mina, Mineral County, Nevada, Coan Equipment and MB America both of Reno, Nevada.

The drill pads and roads were constructed to ensure that large-diameter, deep drilling can take place under all weather conditions in the Teels Marsh valley.  During construction, the integrity of the engineered roads and pads was tested during two flash flood events that washed out local county roads, but left Dajin’s structures unaffected.  Dajin’s exploration approach is significantly different than what other companies have undertaken in Nevada.  The drill pads are designed to support a four (4) hole large-diameter drill program to test for the presence of Lithium-bearing aquifers to depth.  Preparations for drilling these wells are now underway. These wells are intended to follow-up on the favorable surface lithium brine results that Dajin previously announced on June 9, 2016.  For photos of the drill pads and roads click here.

The drilling of deep, large-diameter, cased wells with the ability to discharge will make it possible to not only measure the concentration of Lithium brine in the subsurface aquifers but to also carry out the flow testing of any Lithium bearing subsurface aquifers that may be encountered during the drilling.  As a result of Dajin holding water rights in Teels Marsh valley and being permitted under the Nevada Division of Water Resources (State Engineer), the pump-test volumes proposed for these wells are not limited by AB 52 Chapter 507 regulations codified under NRS 534B which are administered by the Nevada Division of Minerals.

The technical information in this press release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and has been reviewed and approved on behalf of Dajin Resources Corp. by Dajin Directors, Dr. Catherine Hickson, P. Geo and Dr. Mark Coolbaugh, CPG, the Qualified Persons.

About Dajin:

In the United States Dajin holds a 100% interest in 403 placer claims covering 7,914 acres (3,202 hectares) in the Teels Marsh valley of Mineral County, Nevada.  Construction of drill pads and roads has been completed in anticipation of commencing a drill program later in the year.  These claims are known to contain Lithium and Boron values and are adjacent to the birth place of US Borax Corp’s first borax mine.  Dajin also holds a 100% interest in 278 placer claims covering 5,591 acres (2,262 hectares) in the Alkali Lake valley of Esmeralda County, Nevada, located 7 miles (11 kilometers) northeast of Albemarle’s Silver Peak Lithium brine operation in Clayton Valley.

Dajin, through Dajin Resources S.A. (“Dajin S.A.”), holds concessions or concession applications in Jujuy Province, Argentina that were acquired in regions known to contain brines with Lithium, Potassium, and Boron values and is partnered with LSC Lithium Corporation.  These concessions exceed 93,000 hectares (230,000 acres) and are primarily located in Salinas Grandes and Guayatayoc salt lake basins.  In February 2018, Dajin announced the results of 25 shallow brine samples covering an area of 550 hectares (5.5 km2) in the northwestern corner of the 4,300-hectare (43 km2) San Jose and Navidad minas.  Concentrations ranged from 281 mg/l to 1,353 mg/l, averaging 591 mg/l Lithium.  A drill program for the San Jose and Navidad minas is currently being organized.

ON BEHALF OF DAJIN’S BOARD OF DIRECTORS
          
Brian Findlay        For further information please contact Dajin:
President & CEO        604-609-6151 or info@dajin.ca

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Shareholders overwhelmingly approved the Beauce Gold Fields Spinout Plans and all other matters at AGM

MONTREAL, Aug. 17, 2018 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc (“HPQ”) (TSX Venture:HPQ) is pleased to advise that shareholders have approved all matters set out in the Information Circular that also included the Plan of Arrangement for the spin-out of Beauce Gold Fields into a separately trading company in a general annual and special meeting (AGM) held last Friday August 10 2018, in Montreal.

Patrick Levasseur of HPQ Silicon stated, “This shareholder approval for the spin-out will finally unlock the potential gold value of the Beauce gold property...” Mr. Levasseur further stated, “After more than a century of major historical placer gold mining in the Beauce, Beauce Gold Fields will be the first company dedicated in the exploration for a hard rock gold deposit as a source of the historical gold placers”

Over 88,548,320 shares representing 44.62 per cent of the 198,463,807 shares issued and outstanding as at the record date were voted.

Results of the AGM votes

  • 99.98% approval of the Plan of Arrangement between the Company and Beauce Gold Fields
  • The nominees listed in the attached table were re-elected as directors of the corporation to hold office until the next annual meeting or until there successors are elected or appointed.
MotionsForWithheld
Bernard Tourillon99.59%0.41%
Patrick Levasseur99.61%0.39%
Noelle Drapeau99.62%0.38%
Robert Robitaille99.63%0.37%
Richard Mimeau99.49%0.51%
Peter Smith89.12%10.88%
Daryl Hodges99.54%0.46%
  • With 99.85 per cent of the vote in favour, Raymond Chabot Grant Thornton LLP, chartered accountants, was appointed auditor of the corporation for the ensuing year.

Bernard Tourillon, chairman, President and CEO, stated: "We extremely pleased with obtaining 44.62-per-cent shareholder participation, up from 42.97 per cent last year. Such a strong vote of confidence for the board and management team during this transition year bodes very well for the future."

Other Corporate Issues

In accordance with the agreement between HPQ-Silicon and Agoracom, entered into on July 3, 2014, extended by both parties for additional periods ending July 15, 2018 and July 15, 2019 under the same terms and conditions, HPQ-Silicon board has approved the issuance of 156,684 common shares at a deemed price of 9 cents per share to pay $14,125 for services rendered during the period from January 16, 2018 ending April 15, 2018. Furthermore, HPQ board has also approved the issuance of 176,562 common shares at a deemed price of 8 cents per share to pay $14,125 for services rendered during the period from April 16, 2018 ending July 15, 2018.

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQ goal is to develop, in collaboration with industry leaders that are experts in their fields of interest, the innovative metallurgical PUREVAPTM “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-third (2/3) the steps required to transform quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule for an end 2018 start.

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon. It is in the process of "Spinning Out" its gold assets into BGF, a new public junior gold company, subject to approval by TSX-V.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). The gold in saprolite indicates a close proximity to a bedrock source of gold along with the recent discovery of a fault underneath the historical gold placers, provides possible further exploration discoveries. The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s. (see HPQ SEDAR-filed report)

A Beauce Gold Fields presentation is available.  It can be downloaded via link below:

http://www.hpqsilicon.com/wp-content/uploads/2017/07/BGF-Presentation-V-Jul-2017.pdf

This Press Release Is Available On The Company's CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders. https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Shares outstanding: 203,050,807

For further information contact:

Bernard J. Tourillon, Chairman President and CEO Tel (514) 907-1011
Patrick Levasseur, COO Tel: (514) 262-9239
www.HPQSilicon.com

Globex Mining Enterprises Inc. Announces $1,250,000 Private Placement

Not for distribution to U.S. news wire services, or dissemination in the United States

ROUYN-NORANDA, Québec, Aug. 17, 2018 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchanges and GLBXF – OTCQX International)  announces that it will effect a private placement for maximum gross proceeds to Globex of $1,250,000. The private placement will consist of up to 2,500,000 “flow-through” common shares at a price of $0.50 per share for maximum proceeds to Globex of $1,250,000. Globex retains the right to limit the financing to $1,000,000. Globex intends to use the proceeds from the placement of the “flow-through” shares for exploration on certain of its properties in Quebec. In connection with the private placement, Globex has engaged EMD Financial (“EMD”) of Montreal, Quebec as “finder”. At the closing of the private placement, Globex will pay EMD a fee equal to 4.5% of the gross proceeds from the private placement. 

The private placement, which is expected to close on or about August 31, 2018, is subject to regulatory approval, including that of the Toronto Stock Exchange

This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.) under NI 43-101.

We Seek Safe Harbour.  Foreign Private Issuer 12g3 – 2(b)
 CUSIP Number  379900 50 9
LEI 529900XYUKGG3LF9PY95
For further information, contact:
Jack Stoch, P.Geo., Acc.Dir.
President & CEO
Globex Mining Enterprises Inc.
86, 14th Street
Rouyn-Noranda, Quebec Canada  J9X 2J1
Tel.:  819.797.5242
Fax:  819.797.1470
 info@globexmining.com
 www.globexmining.com

Forward Looking Statements: Except for historical information, this news release may contain certain “forward looking statements”.  These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of Globex Mining Enterprises Inc. (“Globex”).  No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits Globex will derive therefrom.   A more detailed discussion of the risks is available in the “Annual Information Form” filed by Globex on SEDAR at www.sedar.com

51,013,577 shares issued and outstanding

Cypress Issues Shares to Willoughby & Associates, PLLC

VANCOUVER, British Columbia, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1) (“Cypress” or the “Company”) announces that it has issued to Willoughby & Associates, PLLC, controlled by William Willoughby, CEO of the Company, 127,518 common shares of the Company at a deemed average price of approximately $0.186 each for a total value of approximately $23,673.60, as compensation for geotechnical services rendered during the period January 1, 2018 to June 30, 2018, pursuant to the Consulting Agreement dated January 1, 2018.  The issuance of shares under the Consulting Agreement has been approved by disinterested shareholders at Cypress’ Annual General Meeting held on July 18, 2018 and is subject to acceptance by the TSX Venture Exchange.

About Cypress Development Corp.:

Cypress Development Corp. is a publicly traded exploration company focused on developing the Company's 100%-held Clayton Valley Lithium Project in the State of Nevada, U.S.A.

Cypress' Clayton Valley Lithium Project is located immediately east of Albemarle's Silver Peak mine, North America's only lithium brine operation. Recent exploration by Cypress has discovered an extensive deposit of lithium-bearing claystone adjacent to the brine field. With mineralization tested by drilling over a seven-kilometer trend, the size of the deposit makes Clayton Valley a premier target that has the potential to impact the future of lithium production in North America.

Cypress Development Corp. has approx. 61.3 million shares issued and outstanding.

To find out more about Cypress Development Corp. (TSX-V: CYP), visit our website at www.cypressdevelopmentcorp.com.

CYPRESS DEVELOPMENT CORP.

“Don Huston”
                                                           
DONALD C. HUSTON
President

For further information contact myself or:
Don Myers
Cypress Development Corp.
Director, Corporate Communications
Telephone: 604-639-3851
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@cypressdevelopmentcorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE
CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, 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.

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Metals and Mining Expert Corner - David Stein of Aerecura Capital Corp.

http://www.aerecuracapital.com/

Investorideas.com talks metals and mining with David Stein of Aerecura

David Stein

Aerecura Capital Corp Discusses the Mining Sector and Alternative Financing Options for Juniors

"2016 was an oasis year in what has been a long desert for financing junior miners" - David Stein, MSc., CFA

Full interview - read here

Mining Stocks Directory

Listed Mining Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges

Preview

49 North Resources Inc. ( TSX:FNR.V ) is a Saskatchewan focused resource investment company with strategic operations in financial, managerial and geological advisory services and merchant banking. Our diversified portfolio of assets includes direct project involvement in the resource sector, as well as investments in shares and other securities of junior and intermediate mineral and oil and gas exploration companies.

A-Cap Resources ( ASX:ACB.AX ) engages in the exploration of mineral properties primarily in Australia and Africa. It principally explores for uranium.Through A-Cap’s extensive exploration program it has achieved its goal of becoming the first company to produce a compliant resource in Botswana from the Letlhakane and Serule Projects. The Company firmly believes that as further exploration dollars are spent in Botswana it will become a significant contributor to the world uranium inventory.

Abacus Mining & Exploration ( TSX:AME.V ) is an exploration and mine development company with a 43-101 compliant positive preliminary economic assessment report (June 22, 2009) for its Ajax copper-gold project located 10 km southwest of Kamloops, British Columbia. Sensitivity analyses therein indicate a NPV of $1.46 billion discounted 8% over a 23 year mine life, with an IRR of 35.4%, cash costs of $0.90 per pound copper, and payback of 2.0 years using metal prices approximating US$3.00 per pound copper and US$1,000 per ounce gold. The Ajax extension remains open along strike and at depth. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Abbastar Resources Corp . ( TSX:ABA.V ) is an aggressive junior exploration company focused on identifying high potential gold deposits in politically stable, mining friendly districts. Abbastar's present focus is its high-grade Talbot Lake project, located within the world-renowned gold producing region, the Uchi Subprovince of North Western Ontario, Canada.

Abcourt Mines ( TSX:ABI.V ; OTCPK:ABMBF ) is an exploration and development company with strategically located properties in northwestern Quebec, Canada. The Elder Mine with 43-101 gold resources, the Abcourt-Barvue Project with 43-101 silver-zinc ore reserves and resources and the Aldermac property with historical copper-zinc resources are all former producers. Abcourt is now focused on bringing the Elder and Abcourt-Barvue projects back into production with Elder as the first priority. At the same time the company is working on other projects (Aldermac, Jonpol and Vendome) to increase its mineral resources inventory. A 43-101 resource calculation was completed in July, 2009, for the Elder Mine. A positive 43-101 feasibility study was completed by GENIVAR in 2007 on the Abcourt-Barvue Project. In addition, mill equipment was purchased.

Aberdeen International ( OTCPK:AABVF ) is a publicly-traded global resource investment and merchant banking company focused on small cap companies in the Resource sector. We have a highly Experienced Management Team with a Global network to generate deal flow. Our Team has raised and financed over $1 Billion in the last five years in the Mining and Resource sector

Abington Resources Ltd. ( TSX:ABL.V ) is engaged in the acquisition, exploration, development and production of precious metals and natural resources.

Abitex Resources Inc. ( TSX:ABE.V ) is an exploration company based in Val d'Or, Quebec which is focused on acquiring and advancing uranium properties in Quebec.

ABM Resources Ltd ( ASX:ABU.AX ) explores for various mineral properties, principally gold, uranium, zinc, lead, and copper in Australia, Mozambique, and Zambia. Its principal properties include Mimosa gold property in Mozambique; Broads Dam, Erayinia, Gascoyne, and Harbutt Range properties in Western Australia; and Myunga and Kandole Hill copper and gold properties in Zambia.

Abzu Gold Ltd. ( TSX:ABS.V ) is a gold exploration and development company working in Ghana, Africa's 2nd largest gold producer and host to some of the world's largest gold deposits. Ghana has strong land title laws and is one of the world's most mining-friendly jurisdictions. Abzu has invested several years developing local and national relationships, key to its strategic land position on over 360 square kilometres of highly sought after and productive gold belts.

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Direxion Daily Gold Miners Bear 2x Shares ETF (DUST)

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DJ Emerging Markets Metals & Mining Titans Index Fund (EMT)

First Trust ISE Global Copper Index ETF (CU)

First Trust ISE Global Platinum Index ETF (PLTM)

Global Gold and Precious Metals Portfolio ETF (PSAU)

Global X Aluminum ETF (ALUM)

Global X Copper Miners ETF (COPX)

Global X Gold Explorers ETF (GLDX)

Global X Lithium ETF (LIT)

Global X Silver Miners ETF (SIL)

Global X Uranium ETF (URA)

Market Vectors Gold Miners ETF (GDX)

Market Vectors Junior Gold Miners ETF (GDXJ)

Market Vectors Rare Earth/Strategic Metals ETF (REMX)

BMO Junior Gold Index ETF (ZJG-TSX)

Claymore S&P/TSX Global Mining ETF (CMW-TSX)

Horizons BetaPro S&P/TSX Global Gold Bear Plus ETF (HGD-TSX)

Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF (HGU-TSX)

Horizons BetaPro S&P/TSX Global Mining Bear Plus ETF (HMD-TSX)

Horizons BetaPro S&P/TSX Global Mining Bull Plus ETF (HMU-TSX)

iShares CDN Gold Sector Index Fund (XGD-TSX)

sPDR S&P Metals and Mining ETF (XME)

S&P/TSX Global Gold Inverse ETF (HIG-TSX)

ETFX Russell Global Gold Mining ETF (AUCO-LSE)

ETFX Russell Global Gold Mining Fund (Sterling) (AUCP-LSE)