Nautilus Minerals Inc.

Published : July 04th, 2016

Nautilus releases a NI 43-101 Technical Report for Polymetallic Nodules

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Keywords :   Euro | Europe | Guinea | Iron | New Guinea | Oil | Oman | Papua New Guinea | Silver |

Nautilus releases a NI 43-101 Technical Report for Polymetallic Nodules


Press Release

Number 2016 - 17

Nautilus releases a NI 43-101 Technical Report for Polymetallic Nodules

Toronto Ontario, July 4, 2016 - Nautilus Minerals Inc. (TSX:NUS, OTCQX:NUSMF, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus") announces that it has filed on SEDAR a technical report in respect of the Clarion Clipperton Zone Project being undertaken by its wholly owned subsidiary Tonga Offshore Mining Limited (TOML), entitled "NI 43-101 Technical Report TOML Clarion Clipperton Zone Project, Pacific Ocean" (Technical Report).

The Technical Report describes in detail the upgrade and increase in the Mineral Resource estimate for TOML's polymetallic nodule project that the Company announced on May 26, 2016 (see links section below). The Technical Report also provides more information regarding the exploration, technical aspects and historical work completed in the Clarion Clipperton Zone.

Links: cetoover685milliontonnes

The Technical Report will be filed on and will also be available on the Company's website at this

link: hive=true&masterpage=311&year=2013&RID=402

For more information please refer to or contact:

Investor Relations

Nautilus Minerals Inc. (Toronto) Email: [email protected] Tel: +1 (416) 551 1100

Principal American Liaison Euro Pacific Capital, Inc.

88 Post Road West, 2nd Floor Westport, CT 06880


Attn: Thomas Tan [email protected]

Neither the TSX nor the OTCQX accepts responsibility for the adequacy or accuracy of this press release.

About Nautilus Minerals Inc.

Nautilus is the first company to explore the ocean floor for polymetallic seafloor massive sulphide deposits. Nautilus was granted the first mining lease for such deposits at the prospect known as Solwara 1, in the territorial waters of Papua New Guinea, where it is aiming to produce copper, gold and silver. The Company has also been granted its environmental permit for this site.

Nautilus also holds highly prospective exploration acreage in the western Pacific (granted and under application), as well as in international waters in the Central Pacific.

A Canadian registered company, Nautilus is listed on the TSX:NUS stock exchange and trades on the OTCQX:NUSMF, and is also a member of the Nasdaq International Designation program. Its corporate office is in Brisbane, Australia. Its major shareholders include MB Holding Company LLC, an Oman based group with interests in mining, oil & gas, which holds a 27% interest and Metalloinvest, the largest iron ore producer in Europe and the CIS, which has a 15% holding (each on a non-diluted basis, excluding loan shares outstanding under the Company's share loan plan).

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Nautilus Minerals Inc.

ISIN : CA6390971043
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Nautilus Min. is a zinc and gold exploration company based in Canada.

Nautilus Min. develops zinc, gold, copper and silver in Papua New Guinea, and holds various exploration projects in Papua New Guinea.

Its main asset in development is SOLWARA 1 in Papua New Guinea and its main exploration property is SOLWARA 12 in Papua New Guinea.

Nautilus Min. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 33.5 millions as of today (US$ 24.9 millions, € 22.2 millions).

Its stock quote reached its highest recent level on January 04, 2008 at CA$ 3.90, and its lowest recent point on January 04, 2019 at CA$ 0.05.

Nautilus Min. has 670 160 000 shares outstanding.

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Corporate Presentations of Nautilus Minerals Inc.
6/27/2007Latest Corporate Presentation and Interview with CEO David H...
2/26/2007Latest Newsletter, Q2 2007
Annual reports of Nautilus Minerals Inc.
Annual Report and Annual General Meeting
2008 Annual report
Annual Report and Annual General Meeting
Annual Results
2007 Annual report
Financings of Nautilus Minerals Inc.
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5/27/2013Announces Pending Expiry of Rights Offering
4/15/2013files final Prospectus for fully backstopped C$40M Rights Of...
3/28/2013Files Preliminary Prospectus for C$40M Rights Offering
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8/7/2012receives final proceeds from first tranche of Private Placem...
6/10/2011Withdraws Capital Raising
5/15/2011Files Prospectus
12/20/2007Teck Cominco Exercises 3 Million US$5 Warrants
11/29/2007C$39.1 million Private Placement Closed
9/27/2007Seafloor Exploration Boosted by US$39 Million Private Placem...
Option Grants of Nautilus Minerals Inc.
6/4/2008AGM Voting Results, Management Changes, Grant of Options
Nominations of Nautilus Minerals Inc.
9/24/2013Announces Changes to its Board of Directors
10/31/2012appoints interim President and CEO
Financials of Nautilus Minerals Inc.
11/14/2013Announces Financial Results for Q3 2013
8/12/2013Announces Financial Results for Q2 2013
5/7/2013Announces Financial Results for Q1 2013
11/14/2012Announces Financial Results for Q3 2012
8/2/2012Announces Financial Results for Q2 2012
5/7/2012Announces Financial Results for Q1 2012
6/15/2011First Quarter Results
3/24/2011Annual Results
8/10/2010Announces Financial Results for Q2 2010
8/14/2008Financial Results for Second Quarter 2008
11/12/2007Financial Results for the 3rd Quarter ended September 30, 20...
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Project news of Nautilus Minerals Inc.
3/21/2013Issues Updated Technical Report for CCZ Project
11/13/2012(Solwara 1)Terminates Equipment Build for Its Solwara 1 Project
11/1/2012discovers more high grade systems in Tonga
1/12/2012Signs Contract For Eastern Pacific Exploration Tenements
5/20/2011(Solwara 1)Completes Drilling Program
5/6/2011(Solwara 1)Secures Key Production Component
4/14/2011(Solwara 1)Forms Strategic Partnership And Secures Vessel
3/29/2011(Solwara 1)PNG Government Confirms Investment in Solwara 1
3/14/2011(Solwara 1)PNG Government to Invest in Solwara 1
2/22/2011(Solwara 1)PNG Government Option
2/11/2011(Solwara 12)Unveils a Second High Grade Copper Deposit in Bismarck Sea
1/25/2011(Solwara 1)Confirms High Grade Gold Mineralisation
1/6/2011(Solwara 1)Intersects More High Grade Copper
11/4/2009(Solwara 1)Discovers Two New High Grade SMS Systems in the Bismarck Sea
6/11/2009Confirms High Grades in Phase One of 2009 Tongan Exploration...
5/19/2009(Solwara 1)Solwara 1 Development Project Update
5/13/2009Drilling Discovers New-High Grade Zones
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9/5/2008(Solwara 1)Discovers Solwara 10, a New High-Grade Copper - Zinc System
6/20/2008(Solwara 1)Vessel Contract for Solwara 1 Development Signed
5/23/2008(Solwara 1)Confirms Marketable Concentrate from Solwara 1 Ore
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11/30/2007(Solwara 1)2007 Technical report
11/19/2007(Solwara 1)Electromagnetic Survey Results Outline Continuity and Extens...
11/13/2007(Solwara 1)Significant High-Grade Copper and Gold Results at Solwara 1...
10/4/2007(Solwara 1)Project Development Update - Solwara 1 Offshore Copper-Gold ...
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9/4/2007(Solwara 1)Solwara 1 Drilling Program Update
7/11/2007(Solwara 1)Significant Massive Sulphide Drill Intercepts at Solwara 1
6/20/2007(Solwara 1)Assays Confirmed at Solwara 5, 6 and 7
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Corporate news of Nautilus Minerals Inc.
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6/1/2016AGM Voting Results
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5/3/2016Nautilus Minerals AGM to be held June 1, 2016
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3/31/2016Nautilus Minerals announces pending expiry of Rights Offerin...
2/1/2016Nautilus takes delivery of Seafloor Production Tools
12/16/2015State Nominee’s Option
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4/13/2015Nautilus Minerals General Investor Update
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3/25/2015Vessel cargo handling equipment contract awarded
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12/11/2014US$113 Million Released to Nautilus and Solwara 1 JV Formed
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2/13/2014terminates Agreement with the State
10/16/2013Completes Polymetallic Nodule Exploration Program
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9/11/2013CARES Newsletter: Edition 3
9/9/2013regarding Arbitration with Independent State of Papua New Gu...
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4/3/2013General Investor Update
3/15/2013Announces Release of Annual Results
2/21/2013adopts Advance Notice Policy for future Shareholder Meetings
2/20/2013General Investor Update
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1/8/2013Responds to Announcement of Unsolicited Take-Over Bid
10/10/2012Issues Stock Options and Loan Shares
10/2/2012Issues Options and Loan Shares
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9/25/2012releases NI 43-101 Resource Report for Polymetallic Nodules
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8/28/2012issues statement to clarify recent press coverage
8/1/2012to Raise Funds and Continue Equipment Build
7/17/2012aims to resolve dispute
6/21/20122012 AGM Voting Results
6/20/2012Further Update on Dispute Process with State of PNG
6/18/2012Continues Discussions to Resolve Dispute With State of PNG
6/1/2012identifies potential delay to Vessel Build
6/1/2012Dispute With the State of PNG
5/18/2012AGM to Be Held 20 June 2012
4/27/2012lists on OTCQX International
4/23/2012(Solwara 1)signs landmark offtake agreement for Solwara 1
3/26/2012reports solid year end results
3/23/2012Releases Updated Technical Reports
2/22/2012Fiji Update on Partnering Arrangement
1/9/2012Sale of Shares by Non-Executive Director
12/29/2011Report on Updated Resource Filed
12/20/2011Exercise of Options
11/25/2011Increases Mineral Resources
10/6/2011Closes C$27.6 Million Final Tranche of Private Placement
9/6/2011Issues Options and Loan Shares
8/31/2011US$100 Million to Be Raised in Private Placement
8/15/2011Reports Solid First Half Results
8/11/2011Granted Exploration Tenements in Fijian Waters
7/26/20112011 AGM Voting Results
7/22/2011Awarded Exploration Tenements in Eastern Pacific
6/29/2011AGM Materials
8/4/2010Conference Attendance Update (Second Half 2010)
6/25/20102010 AGM Voting Results
2/26/2010Confirms Recent SMS Discoveries in Papua New Guinea with Ass...
2/24/2010Upcoming Conferences
9/10/2009High Success Rates Exploring from MV Fugro Solstice
8/20/2009Company Update and Forthcoming Events
8/14/2009Maintains Strong Cash Position with $233 Million at End Q2 2...
6/26/2009AGM Voting Results
6/26/2009Correction to AGM Results
2/18/2009Exploration Success Continues for Nautilus Minerals in Tonga
2/17/2009Teck Confirms Seafloor Massive Sulphide Exploration Plans
11/24/2008Upcoming Events
11/12/2008Announces US$266 Million at September 30, 2008
11/5/2008Anglo American Increases Stake in Nautilus to 11.1%
11/3/2008Locks Down Major Equipment Cost and Maintains Build Schedule
6/25/2008Continues 2008 Exploration Program
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5/23/2008Seed Capital Investment
5/7/2008Phase One Deep Sea Exploration Program Completed in PNG
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4/14/2008 Appoint New President and CEO
2/29/20082008 Global Metals & Mining Conference - Nautilus Presentati...
11/27/2007Report of Extraordinary General Meeting Results
11/14/2007Expands its Exploration Interests in the Western Pacific
11/8/2007Escrow Release
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8/23/2007Deep Sea Copper-Gold Company Moves Up to TSX
8/20/2007C$289M of Cash Secure in Bank and Continued Exploration Succ...
8/1/2007Employee Options Issued
7/17/2007Eleven Exploration Licences Granted to Nautilus in PNG
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7/6/2007Takes Over Offshore Development at Solwara 1
6/23/2007Annual General Meeting Results
5/31/2007Shipyard Contract Signed
1/30/2007US$100 million Project Financing for the Solwara 1 deep sea ...
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