Developing Zinc-Silver & Gold Projects in Nevada & Ontario

April 2015

Forward Looking Statements

Some of the statements in this document may be deemed to be "forward-looking statements". Allstatements on in this document, other than statements of historical facts, that address events ordevelopments that management of the Company expects, are forward-looking statements. Althoughmanagement believes the expectations expressed in such forward-looking statements are based onreasonable assumptions, such statements are not guarantees of future performance, and actualresults or developments may differ materially from those in the forward-looking statements. TheCompany undertakes no obligation to update these forward-looking statements if management'sbeliefs, estimates or opinions, or other factors, should change. Factors that could cause actualresults to differ materially from those in forward-looking statements, include market prices,exploration and development successes, continued availability of capital and financing, and generaleconomic, market or business conditions. Please see the public filings of the Company atwww.sedar.com for further information.

Qualified PersonRobert Marvin, P.Geo., CPG, Project Geologist for Cypress Development is the Qualified Person asdefined by National Instrument 43-101 and supervised both the project field exploration and thepreparation of the technical information in this presentation.

Capital Structure

TSX Venture Symbol: CYP

US OTC Pink Symbol:

Frankfurt Symbol:

CYDVF

C1Z1

Shares Outstanding: 15.0 million

Fully Diluted Shares Outstanding: 16.5 million

Market Capitalization: $1.5 million

Year End: December 31st

The Company

Cypress Development Corp. is a Canadian zinc-silver and gold exploration company developingprojects in Nevada, U.S.A. and Red Lake, Ontario, Canada.

Cypress holds a 100% interest in its 2300 acre flagship Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada. Five RC drill programs totaling approx. 55,000 feet have been completed by Cypress on the Gunman project with significant near surface grades up to 35% per ton zinc and up to 15.0 oz per ton silver over considerable widths encountered. Zinc could represent the next big base metal play due to ongoing demand growth and the closures of 3 major mines in Canada, Australia and Ireland and not enough supply coming on stream from new projects. Sentiment could shift towards zinc, with prices potentially rallying in anticipation of tightening supplies.

Cypress also has 100% interest in the 4,720 acres McKenzie Island gold property in the heart of the Red Lake gold camp in north-western Ontario. The McKenzie Island property is located west and adjacent to Goldcorp's Cochenour / Bruce Channel Mine . The project is also on strike with the currently producing Goldcorp (TSX: G) Red Lake and Campbell gold mines 7 kilometres to the east.

Investment Highlights Cypress is focused on developing exploration projects near world-class deposits.

Cypress controls a 100% owned 2300 acre flagship Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada with grades up to 35% zinc and up to 15 oz/ton silver recovered over significant widths.

With the majority of past drilling on the Gunman project predating National Instrument (NI) 43-101 (Standards of Disclosure for Mineral Projects), Cypress completed a NI 43-101 Technical Report (March 17, 2014).

The Technical Report and recommendations were used by Cypress in the planning of a 2014 Phase 1 & Phase 2 RC drill program.

The RC drilling to date of both the 2014 Phase 1 and Phase 2 programs continue to expand the size of the known high-grade zinc-silver oxide deposit of the main RH Zone.

Based upon the exceptional exploration results to date, Cypress Development is presently planning a Phase 3 RC drill program.

Cypress also holds a 100% interest in the 4,720 acres McKenzie Island gold property in the heart of the Red Lake gold camp of north-western Ontario.

The McKenzie Island gold property is located west and adjacent to Goldcorp's (TSX: G) Cochenour / Bruce Channel gold mine . The project is also on strike with the producing Goldcorp Red Lake and Campbell gold mines 7 kilometres to the east.

All projects located in mining friendly environments with low political risk.

Gunman Zinc-Silver Project

Cypress holds a 100% interest in the approximately 2300 acre Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada.

Five RC drill programs totaling approx. 55,000 feet have been completed by Cypress on the Gunman project with significant grades up to 35% per ton zinc and up to 15.0 oz per ton silver over considerable widths encountered.

The property is located on a well-developed N-S structural zone linking between the Carlin and Battle Mountain mineral trends. The property sits directly west of Barrick's Bald Mountain gold mine complex in White Pine County, Nevada.

Gunman Zinc-Silver Project South Carlin Trend Map

Gunman Zinc-Silver Project

September 10, 2014 Cypress staked an additional 56 claims on strike to the immediate north and south of the Company's Gunman zinc-silver project.

With the majority of past drilling on the Gunman project predating National Instrument (NI) 43-101 (Standards of Disclosure for Mineral Projects), Cypress has completed an NI 43-101 Technical Report in February 2014.

The Technical Report and recommendations were used by Cypress in the planning of a 2014 May Phase 1 & August Phase 2 RC drill program.

Twenty-four reverse circulation (RC) drill holes were completed during the 2014 Phase 1 & 2 programs totalling approx. 7,000 feet.

Gunman Zinc-Silver Project

2014 Phase 1 Drill Program Thirteen reverse circulation (RC) drill holes were completed in the Phase 1 drill program at the

Gunman zinc-silver-copper project in eastern White Pine County, Nevada. The drill program totaled 3520 feet and was directed at three targets areas located in the central portion of the property.

Hole GMRC-9 intersected 175 feet of 12% zinc and 121 g/t silver including 209.2 g/t silver and 19.7% zinc over 85 feet on the RH Zone.

Other Significant Drill Results Include:

Hole ID From FT To FT Interval FT Ag G/T Zn%GMRC-4 20 175 155 128.0 7.2including 125 175 50 87.7 17.1including 135 150 15 83.9 30.6GMRC-5 5 205 200 63.3 8.9including 125 180 55 147.0 21.0including 150 165 15 100.1 32.2GMRC-9 50 225 175 121.0 12.0including 130 215 85 209.2 19.7

Gunman Zinc-Silver Project2014 Phase 2 Drill Program A further eleven reverse circulation delineation drill holes were completed in the Phase 2 program at

the Gunman project in Nevada. The drilling program totaled 3370 feet and was directed at the main RH Zone located in the central portion of the property.

Hole GMRC-16 intersected 230 feet of 13.35% zinc and 83.41 g/t silver including 95 feet of 26.84% zinc and 164.75 g/t silver.

Hole ID From FT To FT Interval FT Ag G/T Zn%GMRC-15 75 225 150 74.9 13.6including 85 185 100 108.0 20.2GMRC-16 0 230 230 83.4 13.4including 125 220 95 164.8 26.8GMRC-20 0 210 210 60.3 6.8including 55 175 120 90.7 11.3including 150 170 20 53.3 32.5including 85 115 30 153.0 9.4including 125 175 50 94.8 17.3GMRC-22 90 150 60 34.4 16.2including 105 145 40 43.8 23.9including 105 130 25 60.4 25.9

Gunman Zinc-Silver Project Target Map

Gunman Zinc-Silver Project RH South Target

Sample ID Chip or Grab Ag G/T Zn% Cu%

SRH CC-3 4 meter Chip 16.2 9.5 0.0

SRH CC-4 5 meter Chip 26.3 5.1 0.0

SRH CC-6 3 meter Chip 36.8 17.0 0.2

SRH CC-8 Grab 344.0 2.3 13.5

SRH CC-12 Grab 16.6 42.0 0.2

SRH CC-13 Grab 143.0 2.2 14.5

SRH CC-14 Grab 22.2 19.6 2.3

SRH CC-15 Grab 122.0 1.9 14.8

The RH South Target is located approx. 200 metres south of the main RH Zinc-Silver Zone.

Assays from 2014 chip and grab samples confirm very high grade zinc, silver and coppermineralization are present at surface at the RH South Target.

Gunman Zinc-Silver Project TQCU Target

The TQCU Target is located 100 metres west of the main RH Zinc-Silver Zone. It consists of copper oxide veining and fracture coatings exposed in outcrops and in historic prospect pits.

TQCU Copper Oxide Sample Results:

Sample # Target Ag G/T Zn% Cu%122969 TQCU Cu 13.7 0.08 1.41122970 TQCU Cu 97.1 0.14 6.30122971 TQCU Cu 3.6 0.82 2.53122972 TQCU Cu 5.5 0.44 5.13122973 TQCU Cu 15.7 0.54 6.11122974 TQCU Cu 2.6 0.40 3.11

Gunman Zinc-Silver ProjectSignificant 2000/2001 Historic High-Grade Drill Holes

2007 Hole GD-15 Drill Core Picture

Zinc Demand

Why Zinc?

The zinc market has rebounded since the beginning of 2009 China, a long term world zinc supplier is now a net importer Rapidly growing BRIC economies will further increase the demand in the years to come Best estimates suggest that a significant portion of mine capacity will be closing or decreasing

over the next few years Growing risk of the tightening of the zinc concentrate market Few new mines are currently being developed and therefore it is predicted that few will be

entering production in the foreseeable future

Uses:

Its most important application is in the protection of steel against corrosion Steel is one of the most widely used materials in the world and zinc allows its durability to be

prolonged. It extends the life and reduces the maintenance costs of many steel goods such as homes, cars, bridges, and port facilities

Zinc fuel cells are used to power electric vehicles, generators, computers, cell phones, and hearing aids

Red Lake Overview

Canada’s premier gold-producing district Home to multiple, high-grade producing mines

Significant untapped exploration potential New gold discoveries on adjacent properties

McKenzie Island Red Lake Gold Property, Ontario

13 holes totalling 2,082 metres were completed in 2003.

In early 2005, 14 reconnaissance holes (approx. 3,300 metres) were completed during Phase I and Phase II drill programs (Feb. 2005, April 2005) on southern tip of McKenzie Island property.

Significant zones of gold mineralization were discovered.

Cypress encountered intersections of 1.0 to 2.0 g/t gold over 5 meter widths including Hole M05-3 assaying 0.2 meter interval of 23.9 g/t gold and Hole M05--14 assaying 0.5 meter interval of 17.0 g/t.

The 100% owned 4,720 acre McKenzie Island gold property lies 7 km west of Goldcorp’s Red Lake and Campbell mines, and west and adjacent to Goldcorp’s new Cochenour / Bruce Channel gold mine.

McKenzie Island Red Lake Gold Property, Ontario

ManagementDon C. Huston – President, DirectorDon Huston is the President and CEO of Cypress Development Corp. He has been associated with the mineral exploration industry for over 30 years and has extensive experience as a financier and in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red Lake, Ontario and spent 15 years as a geophysical contractor with C.D. Huston & Sons Ltd. as mineral exploration consultants in northern Ontario, Manitoba and Saskatchewan. Mr. Huston serves as a director of 5 Canadian public resource companies.

Jim Pettit – Director Jim Pettit is a Director of Cypress Development Corp. Mr. Pettit is currently serving as a director on the Boards of 6 publicresource companies and offers over 20 years of experience within the industry specializing in finance, corporate governance, management and compliance. He specializes in the early stage development of private as well as public companies. His background over the past 20 plus years has been focused primarily within the resource sector where he has managed and directed junior resource companies through good times and bad.

Donald G. Myers – DirectorDon Myers serves as a non-executive Director of Cypress Development Corp. Mr. Myers is the Director of Corporate Communications at 98 Corporate Group Resources Ltd. which provides public company administrative management services including venture capital financing, business development, accounting and corporate communications. He has thirty years of experience in public company management and corporate communications raising capital for companies listed on the TSX Venture and or the NASDAQ and Toronto Stock Exchanges. Mr. Myers background includes holding the position of director and or officer of several Canadian publicly traded resource and technology companies listed on the TSX Venture Exchange and has provided corporate communications for companies listed on the NASDAQ and Toronto Stock Exchanges.

Robert D. Marvin – P.Geo, CPG. Exploration Manager and Qualified PersonBob Marvin, P.Geo, CPG., Senior Project Geologist, has been involved in mineral exploration and evaluation of gold, copper, zinc and uranium deposits throughout the Americas as an employee and as an independent consultant. He graduated from the University of New Mexico with a Bachelor of Science degree in geology in 1984.

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Suite 1610, 777 Dunsmuir StreetVancouver, BC, V7Y 1K4, CANADA

Tel: (604) 687-3376Fax: (604) 687-3119

info@cypressdevelopmentcorp.comwww.cypressdevelopmentcorp.comContact Info: Don Myers – Director

Riley Trimble – Corporate Communications