Key points
- Nautilus Minerals Inc. released a NI 43-101-compliant resource report for the Solwara 1 seafloor massive sulphide prospect in Papua New Guinea territorial waters.
- The report is described as the world’s first NI 43-101-compliant resource estimate for a seafloor massive sulphide system.
- Golder Associates Pty. Ltd. carried out the resource estimate and compiled the report for Nautilus.
- The full resource report is available on Nautilus’s website.
NAUTILUS RELEASES NI 43-101 COMPLIANT RESOURCE REPORT
Nautilus Minerals Inc. has released the world’s first NI 43-101-compliant resource report for a seafloor massive sulphide system at the company’s Solwara 1 prospect, located in the territorial waters of Papua New Guinea.
Golder Associates Pty. Ltd. carried out this world-first NI 43-101-compliant resource estimate and has compiled the resource report for Nautilus (see Stockwatch news of Dec. 20, 2007).
The NI 43-101-compliant resource report can be accessed at Nautilus’s website.
Clarification statement
The Canadian securities regulators do not have a system in place for confirming an individual’s capability to act as a qualified person for a particular deposit. It is the responsibility of the individual to determine if they have sufficient role and experience in the commodity type of deposit and situation to act as a qualified person.
