The Conversation (0)
Jul. 22, 2011 03:59PM PST
Nautilus Minerals (TSE:NUS,AIM:NUS) announced it has acquired an exploration license for the Clarion Clipperton Zone in the Eastern Pacific Ocean.
Nautilus Minerals (TSX:NUS,AIM:NUS) announced it has acquired an exploration license for the Clarion Clipperton Zone in the Eastern Pacific Ocean.
The press release is quoted as saying:
As a result of exploration conducted in the 1980s, the CCZ is known to host significant deposits of polymetallic nodules, which are golf ball sized nuggets, rich in copper, nickel, manganese and cobalt, lying on the seafloor in water depths starting at 4500 metres.
Click here to read the entire news release.
