Nautilus Hires Gardline CGG for SMS Hunt

Nautilus Minerals has signed a contract with Gardline CGG to provide exploration services for Nautilus’ 2015 program in the Solomon Islands.

The vessel MV Duke will be used to generate targets to expand Nautilus’ Seafloor Massive Sulphide (“SMS”) prospect inventory within its 100% owned Solomon Islands exploration licenses.

Mike Johnston, Nautilus’ CEO, commented: “We are excited to be back on the water this year, focused on adding to our high grade SMS prospect inventory by applying the successful high tech exploration techniques we have been refining since 2006. This is the second time we have been supported by Gardline in our exploration efforts and we look forward to continuing our relationship with them.”

The contract with Gardline CGG is for 43 days of services, mobilising from Brisbane, Australia on or about April 25, 2015. The program will define SMS targets using efficient multibeam echo sounder and plume hunting techniques. Plume hunting is a regional geochemical technique involving the discovery of metal rich plumes of material that are ejected into the water column from prospective areas, by natural geological processes. The primary objective of this program is to discover further mineralised systems to support the Company’s business model. Amongst its many anticipated advantages, seafloor resource production will allow the aggregation of resources from multiple mineralised systems without the need for significant additional capital.

The MV Duke vessel, which will be used for this program is a 67 metre long, 2031 gross tonne, Survey Vessel, originally built in 1983, and then extensively refitted in 1998 by A/S Vaagen Vert, Norway. The vessel is equipped with a hull mounted Kongsberg EM302 multibeam system, a state of the art seafloor mapping system that provides some of the highest quality seafloor mapping data available.

Share this article

Follow Subsea World News

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Deepwater Operations Conference & Exhibition

The Deepwater Operations Conference and Exhibition provides a unique experience for attendees and exhibitors to share…

read more >

24th Annual Africa Oil Week 2017

The Conference portraying five days of senior-level executive insights, with rich-content on corporate strategies and portfolio, exposure…

read more >

OTC Brasil 2017

OTC Brasil is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum, Gas and Biofuels Institute (IBP)…

read more >

Rio Pipeline 2017

Rio Pipeline Conference & Exhibition has changed its branding design, to unify the whole pipeline community, in an even more complete event…

read more >