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Additional Information
Market: AIM, TSX
Sector: General Mining
Epic: NUS
News: Latest news
Web Site: Nautilus Minerals
Other Articles: 06-10-200929-07-200903-07-2009

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Nautilus Minerals

Nautilus Minerals

Nautilus Minerals is engaged in commercially exploring the ocean floor for copper, gold, silver and zinc seafloor massive sulphide deposits, and developing the seafloor massive sulphide system.

Friday, July 03, 2009

Nautilus completes phase 2 of Tongan exploration program

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Nautilus Minerals Inc (TSX, AIM: NUS) has completed phase two of its 2009 target generation program in Tonga, on 100 percent Nautilus prospecting licences, saying preliminary interpretation of water column survey data has defined 20 new water column anomalies, bringing the total number of anomalies generated from both phases to 32.

Further test work and sampling on all the anomalies is now required.

Nautilus CEO Stephen Rogers commented: "We are extremely pleased with the results of our 2009 Tongan exploration program. In a matter of some 50 days of effective exploration, we have been able to define 32 new anomalies with signatures we consider analogous with hydrothermal vent systems.”

“We now have an impressive inventory of targets in Tonga ready for follow-up work. The remainder of our 2009 exploration program will be focused in Papua New Guinea and the Solomon Islands," he added.

Nautilus targets high-grade Seafloor Massive Sulphide (SMS) deposits of copper, gold, zinc and silver.

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