Nautilus Minerals

Nautilus Minerals completed 29 of a planned 90 holes at Solwara 1, with 38 per cent intersecting copper sulphide mineralization and assays confirming high-grade results at Solwara 8.

Nautilus Minerals will take over offshore development of the Solwara 1 project after its agreement with dredging company Jan De Nul lapsed.

Nautilus Minerals Inc. announced the results of its annual general meeting, including director elections, auditor reappointment and a new stock option plan.

Nautilus Minerals' 20,344,850 shares from its Feb. 20, 2007 North American private placing are transferring from AIM's restricted NUSR line to its unrestricted NUS line effective June 26, 2007.

Nautilus Minerals reported assay results from 24 seafloor samples at its Solwara 5, 6 and 7 prospects in Papua New Guinea, confirming high-grade gold-copper-zinc mineralization.

Nautilus Minerals discovered an eighth seafloor massive sulphide system, Solwara 8, within its Papua New Guinea exploration licences after reprocessing 2005 geophysical data.

Nautilus Minerals will transfer 63,744,198 shares from its restricted AIM line (NUSR) to its unrestricted line (NUS), effective June 11, 2007.

Nautilus Minerals signed a shipbuilding contract with Jan De Nul Group and La Naval shipyard in Sestao, Spain, for the Solwara 1 support vessel Jules Verne.

Nautilus Minerals reported Q1 2007 results highlighted by $175-million (U.S.) in private placements and the discovery of three new sea floor massive sulphide systems in Papua New Guinea.

Nautilus Minerals discovered three new seafloor massive sulphide systems, Solwara 5, 6 and 7, near its Solwara 1 prospect in Papua New Guinea and completed environmental baseline fieldwork there.