The mining newspaper for Alaska and Canada's North

Miner seeks mineral riches on ocean floor

Nautilus Minerals, backed by majors with huge Alaska investments, posts first resource estimate in subsea exploration

If Alaska is the "Last Frontier," then Nautilus Minerals Ltd. surely must be exploring what can only be described as the ultimate frontier on earth - the bottom of the ocean.

The Vancouver, B.C.-based junior exploration company earlier this year reported the first resource estimate for an undersea mineral deposit, ushering in what many call a new era in hardrock mining. The junior said it plans to...

 

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