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By Rose Ragsdale
For Mining News 

Miner seeks mineral riches on ocean floor

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


Last updated 4/27/2008 at Noon

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 plan...

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