Cypress Development Corp (CYP) - The Chloride Path to Lithium Carbonate

Interview with Bill Willoughby, CEO of Cypress Development Corp. (TSX-V: CYP)

Our previous interview: https://youtu.be/wrLI5Evrb-Q

Recording date: 4th November 2022

Cypress Development Corp. (TSX.V: CYP) (OTCQX: CYDVF) is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

0:00 - Company Overview
0:32 - Map of the Project Location in Nevada Presentation & Discussion
4:19 - Bill’s Involvement in the Project since 2016
4:58 - Overview of the Lithium Clay Industry
5:54 - Differentiating Types of Lithium Clay
6:36 - Defining what “Lithium Clay” is
7:51 - Indicators that Showed Potential to the Lithium Clay Project
10:39 - Reason for Labeling the Hydrochloric Acid Approach as the “Greener Option”
11:39 - Availability in Connecting to a Power Grid
12:33 - Other Companies’ Approach to Developing their Lithium Clay
13:22 - Explaining the Pilot Plant Flow Diagram Presentation
22:22 - Perspective on the Future of Developing Lithium Clays
23:50 - Priority Order of the Company’s Agendas
25:48 - Being the First Lithium Carbonate Clay Producer & its Impact on the Company’s Bottomline
27:23 - Including the Marketing Study in the Upcoming Feasibility Study
28:21 - Projected News Flow in the Next Few Months
29:18 - Expected Delivery Time of the Feasibility Study
29:27 - Updates on the Permitting Process
33:43 - Other Companies that are using the Hydrochloric Acid Route
34:18 - Outro

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