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Gold/Mining/Energy : Cypress Min. (CYP.V) Diamond Fields clone? -- Ignore unavailable to you. Want to Upgrade?

To: 4TNiner who wrote (576)	7/25/2000 5:57:54 PM
From: 4TNiner	Read Replies (1) \| Respond to of 595

The next set of results are very good. Third phase of drill program will be started ASAP. Enjoy 7/25/00 - Phase 2 Drilling Program Completed on Gunman Project, CYPRESS DEVELOPMENT CORP ("CYP-V") MID-NORTH RESOURCES LTD ("MNU-V") - Phase 2 Drilling Program Completed on Gunman Project, - White Pine County N.E. Nevada Joint venture partners, Cypress Development Corporation and Mid-North Resources Ltd. are pleased to announce the latest results from the recently completed Phase II reverse circulation drilling program on their Gunman property in Northeast Nevada. Four holes (GM-07 - GM-10) were completed in the RH Zone (formerly Zone 1) with three intersecting significant high grade zinc mineralization. Total footage drilled to date is 5,625 feet. (See June 12 assay release at www.cypressdevelopmentcorp.com.) Property geology consists of a Permian conglomerate and sandstone package overlying carbonatious limestone and siltstone. The mineralization is hosted in the limestone and siltstone in both oxide and sulphide form. Hemimorphite and smithsonite are the zinc minerals encountered in the oxide zone and sphalerite is the primary sulphide. The mineralization style can be characterized as carbonate replacement. Numerous, as yet, untested, malachite and azurite surface showings are found throughout the conglomerate and sandstone package. Hole GM-07 Silver Depth from to Width Zinc% grams/ton 70 feet 205 feet 135 feet 6.98% 44.33 g/t including 105 feet 205 feet 100 feet 9.13% 58.25 g/t 115 feet 200 feet 85 feet 10.24% 65.23 g/t 105 feet 155 feet 50 feet 11.51% 63.38 g/t 115 feet 150 feet 35 feet 14.73% 81.84 g/t 120 feet 135 feet 15 feet 18.09% 76.13 g/t 180 feet 205 feet 25 feet 12.50% 82.16 g/t 185 feet 200 feet 15 feet 17.99% 102.67 g/t 185 feet 195 feet 10 feet 21.68% 101.90 g/t Hole GM-08 Silver Depth from to Width Zinc% grams/ton 130 feet 250 feet 120 feet 2.69% 49.63 g/t including 155 feet 225 feet 70 feet 4.41% 66.16 g/t 185 feet 225 feet 40 feet 7.00% 80.13 g/t 185 feet 205 feet 20 feet 12.61% 124.70 g/t Hole GM-09 Silver Depth from to Width Zinc% grams/ton 120 feet 345 feet 225 feet 4.01% 30.62 g/t including 130 feet 210 feet 80 feet 5.65% 42.78 g/t 130 feet 190 feet 60 feet 7.20% 51.26 g/t 130 feet 150 feet 20 feet 8.38% 75.08 g/t 130 feet 145 feet 15 feet 10.25% 88.37 g/t 160 feet 195 feet 35 feet 7.73% 45.37 g/t 170 feet 195 feet 25 feet 10.10% 56.80 g/t 175 feet 190 feet 15 feet 14.67% 79.77 g/t including 225 feet 325 feet 100 feet 4.33% 30.84 g/t 225 feet 285 feet 60 feet 5.98% 39.18 g/t 240 feet 280 feet 40 feet 7.97% 49.54 g/t 240 feet 265 feet 25 feet 9.32% 49.80 g/t 245 feet 260 feet 15 feet 11.98% 62.80 g/t 270 feet 285 feet 15 feet 5.81% 50.33 g/t 300 feet 310 feet 10 feet 5.69% 33.75 g/t A phase III drill program (approx. 15,000 ft.) is planned to begin as soon as the land usage permitting process with the Nevada Bureau of Land Management is completed. Drilling will continue in the RH zone as well as upon numerous other showings on the property. Cypress and Mid-North may earn a 100% interest (50% each) in the property by meeting specific expenditure targets. All assaying has been conducted by Bondar Clegg's Laboratory in Vancouver. Selected intersections have been re-analyzed for quality control. TEL: (604) 687-3376 Cypress Development Corp. FAX: (604) 687-3119 Donald Huston, President TOLL FREE: (800) 665-3390 EMAIL: stocks@ninetyeight.com TEL: (403) 283-3619 Mid-North Resources Ltd. FAX: (403) 283-3620