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1. Summary

The company holds 100% of the Clayton Valley lithium project in Nevada. The company released a Preliminary Feasibility Study (PFS) in May, 2020. 

Clayton Valley highlights include: leachable with hydrochloric acid (“table salt acid”), sizable resource & proven tier one battery grade end product.

Net Present Value:


$20,000/t LCE pricing. After-tax, 8% Discount rate

Resource Estimate:

6.3 Mt

Measured & Indicated

2. Project Highlights

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  • Project Location: World-Class Jurisdiction & Close to Potential Partners

    Located adjacent to the Silver Peak lithium brine operation owned by Albemarle, the world’s largest and most recognized lithium producer.

  • Green Extraction Technology

    Piloting an extraction method using hydrochloric acid, which can be produced with water, electricity and brine with high chloride content. The hydrochloric acid can be produced on-site with solar energy.

  • Huge Resource: Supports 229 years mine life

    The indicated resource is 6.29 million tonnes Lithium Carbonate Equivalent. Making it the largest measured and indicated deposit for an advanced lithium junior in North America and one of the largest lithium deposits in the world

  • DLE License Agreement With Chemionex, owned by Craig Brown, One of The Minds Behind Standard Lithium's DLE Technology

    Century Lithium signed a license agreement with Chemionex, run by Craig Brown, one of the minds behind Standard Lithium Ltd. DLE technology. The main payment for the license is in Cypress Development shares.

  • Project Economics: A Billion-Dollar Project

    The PFS presented a Net Present Value of US$1.63 billion using a pricing of $12,000 per tonne lithium carbonate.

  • Pre-Feasibility Economics Only Accounts for 1/4th of The Total Resource

    The Pre-Feasibility Study was based on about 1/4th of Century Lithium total resource (The Pre-Feasibility was based on a mine life production of 1.4 million tonnes: 27,400 tonnes LCE per year for 40 years)

  • Financials: Strong Cash Position

    The company recently completed an oversubscribed bought-deal financing led by PI and raised C$19.55 million. This gives Century Lithium more than enough cash to complete the current pilot plant and upcoming feasibility study.

  • Low-Cost Mining

    Near-surface deposit with lithium-bearing clay rock and very favorable waste to clay overburden ratio.

  • Water Rights Secured

    The company signed a binding letter of intent (LOI) with Nevada Sunrise Gold Corp to acquire water rights in Clayton Valley. Definitive agreement is pending.

4. Management Team

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William Willoughby

Director, CEO - PhD, PE

Donald C. Houston

Chairman, President

Abrahaam (Braam) Jonker


Spiros Cacos, MA

Vice President, Investor Relations

James G. Pettit

Non-Executive Director

Donald G. Myers

Non-Executive Director

Cassandra Joseph, Esq.

Non-Executive Director

Amanda Chow

Director - CPA, CMA

5. Technical Advisors

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Corby G. Anderson

Technical Advisor - PhD, CEng, FIMMM, FIChemE

Academic Awards:

Adam Knight

Project Manager

Daniel W. Kalmbach

Technical Advisor - CPG

William H. Breen

Land Manager - PGeo, BSc

Donald Mosher

Advisor, Corporate Development

Simon Dyakowski

Advisor, Corporate Development

6. Want to know more?

Crux Interview

Cypress Development Property Tour

Forums & Stock Message Boards - Chat with others about the company!

Clayton Valley Project

7. Resources & Reserves



Clayton Valley Project

8. Project Economics

Initial capital costs


After-tax IRR


$20,000/t LCE pricing, 8% Discount rate

Operating Cost


LCE, before by-products credit



Of the Clayton Valley project

Cypress Development Corp: $CYP

9. Current valuation

See how much of the Clayton Valley project’s Net Present Value is priced in with todays valuation. The data is delayed 15-minutes.

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