Golder Associates completed the world's first NI 43-101-compliant resource estimate for a seafloor massive-sulphide deposit at Nautilus Minerals' Solwara 1 prospect in Papua New Guinea.
Nautilus Minerals awarded a roughly £33-million ($67.5-million CAD) contract to SMD to design and build two seafloor mining tools for its Solwara 1 project in PNG.
Nautilus Minerals received final processed electromagnetic survey data over its Solwara 1 copper prospect in Papua New Guinea, indicating continuity of massive sulphide mineralization.
Nautilus Minerals was granted 16 offshore exploration licences in Tonga and 14 in the Solomon Islands, expanding its Western Pacific seafloor massive sulphide holdings.