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.
Neptune Minerals has issued prequalification documents to dredging and subsea engineering firms for a Build, Own, Operate seafloor massive sulphide mining contract offshore New Zealand.
Nautilus Minerals began a 12-day RV Southern Surveyor geochemical survey in Tonga to find new seafloor massive sulphide systems on its Peggy Ridge tenements.
Nautilus Minerals made a US$1.3-million seed capital investment for a 51-per-cent equity stake in a company associated with director and outgoing CEO David Heydon.
Teck Cominco has begun the second phase of Nautilus Minerals' 2008 $12-million offshore exploration program with the vessel DEA Surveyor departing Singapore for a 150-day survey of PNG and Tonga tenements.