Nautilus Minerals

Nautilus Minerals announced that David Heydon resigned as a non-executive director of the company, effective October 16, 2008.

Nautilus Minerals has submitted a mining lease application for its Solwara 1 seafloor project to the Papua New Guinea government.

Nautilus Minerals says exploration partner Teck Cominco discovered four new high-grade seafloor massive sulphide systems on Nautilus's Tongan prospecting licences.

Nautilus Minerals discovered two new high-grade seafloor massive sulphide systems, Solwara 9a and 9b, within 1.5 kilometres of its Solwara 1 deposit in Papua New Guinea.

Nautilus Minerals discovered a new high-grade seafloor massive sulphide system, Solwara 10, on the Manus spreading centre in Papua New Guinea during its 2008 exploration program.

Gazmetall Holding (Cyprus) Limited acquired 32,708,799 common shares of Nautilus Minerals Inc., about 22.3 per cent of the company, on Aug. 20, 2008.

Nautilus Minerals reported second-quarter 2008 results, ending the period with $299-million in cash and completing key equipment contracts for its Solwara 1 project.

Nautilus Minerals began its 2008 exploration program as the vessel Nor Sky departed Singapore to explore the company's Papua New Guinea and Tonga tenements.

Nautilus Minerals signed a binding five-year, US$125-million charter agreement with North Sea Shipping for a specialist mining support vessel for the Solwara 1 project.

Nautilus Minerals Inc. applied to admit 400,000 common shares issued from exercised options to trading on AIM and the Toronto Stock Exchange, expected June 18, 2008.