Developing Zinc, Gold & Silver Projects in Nevada and Ontario

December 2014

Forward Looking StatementsSome of the statements in this document may be deemed to be "forward-looking statements". All statementson in this document, other than statements of historical facts, that address events or developments thatmanagement of the Company expects, are forward-looking statements. Although management believes theexpectations expressed in such forward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance, and actual results or developments may differmaterially from those in the forward-looking statements. The Company undertakes no obligation to updatethese forward-looking statements if management's beliefs, estimates or opinions, or other factors, shouldchange. Factors that could cause actual results to differ materially from those in forward-looking statements,include market prices, exploration and development successes, continued availability of capital and financing,and general economic, 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 as definedby National Instrument 43-101 and supervised both the project field exploration and the preparation ofthe technical information in this presentation.

The Company

Cypress Development Corp. is a Canadian gold, silver and base metals exploration companydeveloping projects in Nevada, U.S.A. and Red Lake, Ontario, Canada.

Cypress controls 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. 45,000 feet have been completed by Cypress on the Gunman project with significant near surface grades between 5% to 33% per ton zinc and 0.5 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 Red Lake greenstone belt of north-western Ontario. The McKenzie Island property is located west and adjacent to Goldcorp's Cochenour / Bruce Channel Deposit . 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 holds a 100% interest in the approximately 2300 acre Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada with grades in excess of 33% zinc and 8 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 Development Corp. also holds an 100% interest in the 4,720 acres McKenzie Island gold property in the Red Lake greenstone belt of north-western Ontario

• The McKenzie Island gold property is located west and adjacent to Goldcorp's Cochenour/ Bruce Channel Deposit . The project is also on strike with the currently producing Goldcorp (TSX: G) 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. 45,000 feet have

been completed by Cypress on the Gunman project with

significant grades between 5% to 33% per ton zinc and 0.5

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

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

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

Gunman Zinc-Silver Project2014 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

Other Significant Drill Results Include:

Hole ID From (ft) To (ft) Interval (ft) Silver (g/t) Zinc (%)

GMRC-4 20 175 155 128.0 7.20

including 125 175 50 87.7 17.09

including 135 150 15 83.9 30.64

GMRC-5 5 205 200 63.3 8.90

including 125 180 55 147.0 21.00

including 150 165 15 100.1 32.20

GMRC-9 50 225 175 121.0 12.00

including 130 215 85 209.2 19.70

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) Silver (g/t) Zinc (%)

GMRC-15 75 225 150 74.91 13.64

including 85 185 100 108.00 20.16

and 345 415 70 18.88 1.06

GMRC-16 0 230 230 83.41 13.35

Including 125 220 95 164.75 26.84

GMRC-20 0 210 210 60.27 6.83

including 55 175 120 90.70 11.28

including 150 170 20 53.32 32.54

GMRC-22 90 150 60 34.41 16.21

including 105 145 40 43.82 23.89

including 105 130 25 60.44 25.94

Gunman Zinc-Silver Project Target Map

Gunman Zinc-Silver Project2014 Gunman Outcropping Copper Oxide Mineralization

TQCU Copper Oxide Showing Sample Results:The TQCU copper showing is located 100 metres west of the main RH Zinc-Silver Zone. The showing consists of copper oxide veining and fracture coatings exposed in outcrops and in historic prospect pits. The copper oxide mineralization is hosted by a distractive, coarse grained sandstone unit which lies stratigraphically above the main RH, RH South and RH North dolomite and sandy limestone

Sample # Target Ag g/t Zn% Cu%

122969 TQCU Cu 13.7 0.08 1.41

122970 TQCU Cu 97.1 0.14 6.30

122971 TQCU Cu 3.6 0.82 2.53

122972 TQCU Cu 5.5 0.44 5.13

122973 TQCU Cu 15.7 0.54 6.11

122974 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 Gold Property

• 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

• The 4,720 acre McKenzie Island gold property Lies 7 km west of the Goldcorp’s Red Lake and

Campbell mines, and west and adjacent to Goldcorp’s Cochenour / Bruce Channel gold deposit

McKenzie Island Gold Property

Capital Structure

TSX Venture Symbol: CYP

US OTC Pink Symbol:

Frankfurt Symbol:

Recent Share Price:

CYDVF

C1Z

$0.035

52-week Range: $0.01 - $0.045

Shares Outstanding: 150.3 million

Fully Diluted Shares Outstanding: 162.9 million

Market Capitalization: $6.0 million

Treasury: $0.6 million

Management

Don 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 NorthAmerica. 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 Canadianpublic 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 public resource 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 companymanagement and corporate communications raising capital for companies listed on the TSX Venture and or the NASDAQ and TorontoStock 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 ofNew 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.com www.cypressdevelopmentcorp.comContact Info: Don Myers – Director

Riley Trimble– Corporate Communications