Nautilus files Clarion NI 43-101 technical report

Key points

  • Nautilus Minerals Inc. filed the technical report through its wholly owned subsidiary Tonga Offshore Mining Ltd. (TOML).
  • The report is titled “NI 43-101 Technical Report TOML Clarion Clipperton Zone Project, Pacific Ocean.”
  • It details the mineral resource estimate upgrade and increase that the company announced on May 26, 2016.
  • The report also covers exploration, technical aspects and historical work completed in the Clarion Clipperton zone.

NAUTILUS RELEASES A NI 43-101 TECHNICAL REPORT FOR POLYMETALLIC NODULES

Nautilus Minerals Inc. has filed on SEDAR a technical report in respect of the Clarion Clipperton zone project being undertaken by its wholly owned subsidiary, Tonga Offshore Mining Ltd. (TOML), entitled “NI 43-101 Technical Report TOML Clarion Clipperton Zone Project, Pacific Ocean.”

The technical report describes in detail the upgrade and increase in the mineral resource estimate for TOML’s polymetallic nodule project that the company announced on May 26, 2016 (see the company’s website). The technical report also provides more information regarding the exploration, technical aspects and historical work completed in the Clarion Clipperton zone.

The technical report has been filed on SEDAR and is also available on the company’s website.

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