Shipbuilding contract signed for Nautilus Minerals’ deep-sea search for gold

TORONTO (CP) – The Vancouver company that hopes to reel in buried treasure from the ocean floor is a step closer to its goal of starting a gold rush in the deep blue sea.
Nautilus Minerals (TSXV: NUS) says it is on track to launch its deep-sea copper and gold mining project in the waters off Papua New Guinea in 2009 with the signing Thursday of a shipbuilding contract.