Nautilus Minerals has completed its 2010/11 seafloor drilling program, with the vessel, REM Etive, having demobilized in Singapore on May 16, 2011. During the drilling program in the Bismarck Sea of Papua New Guinea, Nautilus completed a 99 hole diamond drilling project, for a total of 1475 metres. Drilling was focused within the area of the Mining Lease (ML154) recently granted to Nautilus, which contains the Solwara 1 deposit and the Solwara 5 seafloor massive sulphide (SMS) discovery. A total of 71 holes was drilled in ML154, for 1147 metres.