Afri-Can awaits DP Sampler completion for block J work
Afri-Can's contractor IMDH says conversion of the sampling vessel DP Sampler is nearing completion at JSML Shipyard in Singapore ahead of block J diamond sampling work.
Nautilus Minerals Inc.: Teck Cominco Commences Deep Sea Exploration Program
Teck Cominco has commenced an offshore exploration program over Nautilus Minerals' tenements in Papua New Guinea and Tonga, with rights to earn up to 50 per cent in joint ventures.
Nautilus Minerals Inc.: Annual Results
Nautilus Minerals reported 2007 annual results showing $214-million raised in equity placements, $310-million in cash, and 56 new exploration licences across the Pacific.
INTERIM RESULTS For the six months ended 31 December 2007
Neptune Minerals reported interim results for the six months to 31 December 2007, highlighting new SMS discoveries and expanded exploration tenements.
Issue of equity
The Company issued 50,000 ordinary shares of 0.5p on 17 March 2008 following conversion of performance shares, bringing total shares in issue to 66,114,113.
Neptune signs L.O.I with C&C Technologies
Neptune Minerals has signed a letter of intent with C&C Technologies for AUV survey, sampling and vessel charter services to support Project Trident in New Zealand's EEZ.
Nautilus Minerals Inc.: Solwara 1 Metallurgical and Mineralogical Results
Nautilus Minerals released preliminary mineralogical and metallurgical results from a 1.2-tonne Solwara 1 drill-core sample, indicating a simple ore suited to commercial-grade copper concentrate production.
Issue of convertible performance shares
Neptune (AIM: NPM) has issued 200,000 convertible performance shares under its staff executive incentive plan, taking the total on issue to 2,011,250.
Nautilus completes Solwara underwater resource report
Nautilus Minerals released the world's first NI 43-101-compliant seafloor massive sulphide resource report for its Solwara 1 prospect in Papua New Guinea territorial waters.
Issue of equity
The Company issued 18,300 new shares following warrant exercises, taking total shares in issue to 66,064,113, and granted 1,000,000 staff options at 43 pence.