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Media Kit
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07-Sep-10 -
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| | February 01, 2008
Nautilus Releases NI 43-101 Compliant Resource Report
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News Release Number 2008--02
Vancouver B.C., February 1, 2008 - Nautilus Minerals Inc. (TSX & AIM: NUS) (the "Company or "Nautilus") announces the release of the world's first NI 43-101 compliant resource report for a seafloor massive sulphide ("SMS") system at the Company's Solwara 1 Prospect, located in the territorial waters of Papua New Guinea ("PNG"). (http://www.nautilusminerals.com/i/pdf/FIGURE1Solwara1_ResourceHoles_Dec07.pdf):
Golder Associates Pty Ltd ("Golder") carried out this world first NI 43-101 compliant resource estimate and have compiled the resource report for Nautilus, Refer Announcement December 20, 2007. (http://www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=278419&_Type=News-Releases&_Title=World-First-Seafloor-Massive-Sulphide-Resource)
The NI 43-101 compliant resource report can be accessed here. ( http://www.nautilusminerals.com/i/pdf/2008-02-01_Solwara1_43-101.pdf )
Clarification Statement
The Canadian Securities Regulators do not have a system in place for confirming an individual's capability to act as a qualified person ("QP") for a particular deposit. It is the responsibility of the individual to determine if they have sufficient role and experience in the commodity type of deposit and situation to act as a QP.
About Nautilus Minerals Inc.
Nautilus is the first company to commercially explore the ocean floor for gold and copper seafloor massive sulphide deposits and is positioning itself to become an emerging producer in 2010. The Company's main focus for 2008 is the Solwara 1 Project, which is located in the territorial waters of Papua New Guinea in the western Pacific Ocean. Nautilus is listed on the TSX and on AIM, and has among its largest shareholders three of the world's leading international resource companies, including Epion (22.4%), Teck Cominco (7.2%) and Anglo American (5.7%).
For more information please refer www.nautilusminerals.com or contact:
Investor Relations
Nautilus Minerals Inc. ( Toronto)
Email: investor@nautilusminerals.com
Tel: +1 (416) 551 1100 |
Australian Project Office
Tel: +61 (7) 3318 5555 |
Numis Securities Limited (NOMAD)
John Harrison / James Black
Tel: + 44(0) 20 7260 1000
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Conduit PR Ltd (UK Financial PR)
Charlie Geller/Arabella Hobbs
Tel: + 44(0) 20 7429 6610 / / +44(0) 7979 067 320 |
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| | You can view the Next News Releases item: Fri Feb 22, 2008, Solwara 1 Metallurgical and Mineralogical Results
You can view the Previous News Releases item: Thu Jan 3, 2008, Nautilus Closes 2007 with Three Major Press Releases and US$312 Million in Cash
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