Nautilus Minerals holds a significant package of prime exploration tenements across the Pacific totalling over 500,000 square kilometres.
Nautilus holds1 more than 290,000 km2 of granted tenements and a further 240,000 km2 under application in the territorial waters and Exclusive Economic Zones (EEZs) of Papua New Guinea, Tonga, Solomon Islands, Fiji, Vanuatu and New Zealand, for a total area of approximately 478,000 km2.
In addition, in 2011 Nautilus became the first private sector company to be awarded exploration territory by the International Seabed Authority (ISA). Nautilus was granted approximately 75,000 km2 of tenements in the highly prospective Clarion Clipperton Zone ("CCZ"), in international waters in the Eastern Pacific, between Hawaii and Mexico.
Nautilus has also been granted a mining lease covering its Solwara 1 Seafloor Massive Sulphide ("SMS") deposit in the Bismarck Sea, Papua New Guinea.
1Current as of December 31, 2012