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NUS confirms maiden resource for Clarion-Clipperton
Tuesday, 18th September 2012
Nautilus Minerals subsidiary Tonga Offshore Mining confirmed that Golder Associates has completed a maiden mineral resource estimate for TOML's Clarion-Clipperton fracture zone polymetallic nodule project, located within the Central Pacific Ocean.Nautilus president and chief executive Steve Rogers said: "Our maiden mineral resource estimate for the CCZ again highlights the enormous potential of seafloor resources. We believe that the advance in processing and offshore technologies over the last 20 years now makes the extraction of these significant resources technically feasible."
At 4:26pm: (LON:NUS) share price was +1.5p at 71p
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