Nautilus Minerals, Inc. engages in mineral property exploration. The company is headquartered in Vancouver, British Columbia and currently employs 28 full-time employees. The company went IPO on 2001-06-21. The firm is engaged in the exploration and development of the ocean floor for copper and gold-rich seafloor massive sulphide deposits and for manganese, nickel, copper, and cobalt nodule deposits. The firm operates through mineral property exploration in Australasia. Its exploration activity involves the search for deepwater copper and gold-rich seafloor massive sulphides in the western Pacific Ocean and nodule deposits in the eastern Pacific Ocean. The firm's principal project is the Solwara 1 Project in Papua New Guinea (PNG) in the Bismarck Sea. The firm also holds prospective exploration acreage in the Western Pacific (granted and under application), as well as in international waters in the Central Pacific.
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