Nautilus Minerals Inc (Nautilus) of Canada has recently signed a contract with Gardline CGG Pte Ltd (Gardline CGG) of Singapore to provide exploration services for Nautilus’ 2015 programme in the Solomon Islands.
PACNEWS reports the primary objective of this programme is to discover further mineralised systems to support the company’s business model.
Under the agreement, the vessel MV Duke will be used to generate targets to expand Nautilus’ Seafloor Massive Sulphide (SMS) prospect inventory within its hundred percent owned Solomon Islands exploration licenses.
Meanwhile, Nautilus Chief Executive Officer, Mike Johnston says his company is excited to be back on the water this year.
Mr Johnston adds, his company’s focus now is to add its high grade SMS prospect inventory by applying the successful high tech exploration techniques used since 2006.
SIBC News understands, the programme will define SMS targets using efficient multibeam echo sounder and plume hunting techniques.