Nautilus Minerals Inc. is an exploration company. The Company is engaged in the exploration of the ocean floor for polymetallic seafloor massive sulphide deposits. The Company’s Solwara 1 project in Papua New Guinea, focuses to produce copper, gold and silver. The Company has also been granted its environmental permit for the site. The Company also holds approximately 450,000 square kilometers of exploration acreage in the western Pacific in PNG, the Solomon Islands, Fiji, Vanuatu and Tonga, as well as in international waters in the eastern Pacific.