Cypress Development Corp. is a Canada-based exploration company. The Company is principally engaged in the acquisition, exploration and evaluation of resource properties. The Company holds interest in certain claims known as the McKenzie Island claims located in the Dome and Fairlie Townships, Red Lake District, Kenora Mining Division of Ontario. The Company also holds interest in claims located in White Pine County, Nevada. The Company also holds interest in approximately 50 claims located in Malheur County, southeastern Oregon. The Company operates through its subsidiary Cypress Holdings (Nevada) Ltd, which holds interest in Alkali Valley lithium brine project located in Esmeralda County, Nevada.