Nautilus Minerals identified seven prospective hydrothermal target areas in its first two weeks of exploration aboard the MV Fugro Solstice in PNG's Bismarck Sea.
Afri-Can Marine Minerals said the contracted vessel MV DP The Explorer has left Cape Town for Walvis Bay, Namibia, ahead of sampling on its Block J diamond concession.
Nautilus Minerals reported unaudited second-quarter 2009 results showing $223.5 million in cash as at June 30, 2009, alongside progress at Solwara 1 and in Tonga.
Nautilus Minerals has contracted Fugro to provide 124 days of exploration services using the MV Fugro Solstice across its Bismarck, Woodlark and Solomon Islands licences starting around Aug. 10, 2009.
Nautilus Minerals completed phase two of its 2009 Tongan exploration program, identifying 20 new water column anomalies and bringing the year's total to 32.
Nautilus Minerals shareholders approved all resolutions at the company's AGM held June 25, 2009, in London, including director elections and auditor reappointment.
Nautilus Minerals reported high-grade copper, gold, zinc and silver assay results from phase one of its 2009 Tongan exploration program on its 100-per-cent-owned prospecting licences.
Afri-Can Marine Minerals appointed Z Star Mineral Resource Consultants to prepare an NI 43-101 diamond resource estimate for its Block J marine concession in Namibia.
Nautilus Minerals completed phase one of its 2009 Tongan exploration program, identifying 12 water column anomalies and recovering high-grade sulphide samples assaying up to 9.1% copper and 34.9% zinc.