Nautilus Minerals filed its audited 2009 annual financial results and technical report, reporting $209.3-million (U.S.) in cash and scheduling a March 17, 2010 conference call.
Nautilus Minerals released final laboratory assay results confirming high-grade sulphide mineralization at Solwara 14, 16 and 18 in Papua New Guinea's Bismarck Sea.
International Mining and Dredging Holding confirmed testing of DP the Explorer is nearing completion ahead of a diamond sampling program on Afri-Can's block J concession in Namibia.
Afri-Can Marine Minerals increased its Block J diamond sampling target area to 41.7 square kilometres and its 2010 sampling targets to 19.6 square kilometres after reviewing new geophysical data.
Nautilus Minerals discovered five high-grade seafloor massive sulphide systems in the Bismarck Sea during its 2009 exploration campaign, with copper grades up to 32.4 per cent.
Nautilus Minerals received the final environmental permit for the Solwara 1 project from Papua New Guinea's Department of Environment and Conservation on Dec. 29, 2009.