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Nautilus Minerals Inc

Monday, February 4th, 2008

Nautilus Minerals Inc. announces the release of the world’s first NI 43-101 compliant resource report for a seafloor massive sulphide (“SMS”) system at the Company’s Solwara 1 Prospect, located in the territorial waters of Papua New Guinea (“PNG”). (http://www.nautilusminerals.com/i/pdf/FIGURE1Solwara1_ResourceHoles_Dec07.pdf):
Golder Associates Pty Ltd (“Golder”) carried out this world first NI 43-101 compliant resource estimate and have compiled the resource report for Nautilus, Refer Announcement December 20, 2007. (http://www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=278419&_Type=News-Releases&_Title=World-First-Seafloor-Massive-Sulphide-Resource)
The NI 43-101 compliant resource report can be accessed – (http://www.nautilusminerals.com/i/pdf/2008-02-01_Solwara1_43-101.pdf)

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