Afri-can Marine Sampling Recovers Large Diamonds From Epl 3403 in Namibia
Afri-Can Marine Minerals completed a sampling program on EPL 3403 offshore Namibia on April 19, 2011, recovering 84 diamonds including four stones over one carat.
Nautilus Secures Key Production Component
Nautilus Minerals has reinstated its 2008 contract with GE Oil & Gas for the subsea slurry lift pump for the Solwara 1 project.
Afri-can Marine Minerals Engages Investor Relations Firm and Extends Shares Purchase Warrants
Afri-Can Marine Minerals hired Paradox Public Relation Inc. and extended two share purchase warrant tranches to May 20, 2012.
Afri-can Completes Sampling Program on Epl 3403 in Namibia
Afri-Can Marine Minerals Corp. completed its initial diamond sampling program on the 800-square-kilometre EPL 3403 concession in Namibia, extracting 350 samples of five square metres each.
Nautilus Forms Strategic Partnership and Secures Vessel
Nautilus Minerals has partnered with German shipping company Harren & Partner to design, build and operate a production support vessel for its Solwara 1 seafloor copper-gold project in Papua New Guinea.
Diamond Fields International Ltd. – Significant Gold Values Confirmed From Atlantis Ii Resource
Diamond Fields confirmed gold in Atlantis II Red Sea cores. Values up to 2.76 g/t, far above prior 0.5 g/t estimates.
Nautilus Minerals Inc.: Png Government Confirms Investment in Solwara 1
The Papua New Guinea government signed an agreement and exercised its option to take a 30-per-cent stake in Nautilus Minerals' Solwara 1 project.
Afri-can Begins Sampling Program and Closes Private Placement
Afri-Can Marine Minerals began a diamond sampling program on Namibia's EPL 3403 concession on March 25, 2011 and closed a $2,085,825 private placement.
Nautilus Annual Results
Nautilus Minerals ended fiscal 2010 with $165-million in cash and a $45-million net loss, while advancing its Solwara 1 seafloor project in Papua New Guinea.
Afri-can Discloses Sampling Program Details and Schedule
Afri-Can Marine Minerals will begin a 25 to 30 day diamond sampling program on the EPL 3403 marine diamond concession in Namibia on or about March 25, 2011.