NUS Nautilus Di

 
TIDMNUS 
 
Nautilus Secures Key Production Component 
FOR:  NAUTILUS MINERALS INC. 
 
TSX, AIM SYMBOL:  NUS 
 
May 6, 2011 
 
Nautilus Secures Key Production Component 
 
TORONTO, ONTARIO--(Marketwire - May 6, 2011) - Nautilus Minerals (TSX:NUS)(AIM:NUS) is taking another step 
forward in the construction of its seafloor production system, proceeding with an order for the Subsea Slurry 
Lift Pump (SSLP). 
 
The SSLP will pump high grade slurry from the bottom of the riser, at Nautilus' proposed Solwara 1 project in 
the Bismarck Sea of Papua New Guinea (PNG), to a Production Support Vessel (PSV) floating approximately 1600 
metres above. It is a key piece of equipment in Nautilus' plan to produce commercial quantities of copper, gold 
and other metals from the deep ocean. 
 
The contract for the SSLP was first awarded to GE Oil & Gas in June 2008, but was suspended later that year due 
to the global financial crisis. With the improvement in economic conditions, and recent major advances in the 
Solwara 1 project, Nautilus has reinstated the contract. 
 
Nautilus announced earlier this year that it had secured a Mining Lease from the PNG Government, which also had 
elected to contribute funds to take up a 30% interest in the Solwara 1 project. That was followed by the 
announcement of a strategic partnership with German shipping company Harren & Partner to provide the PSV. 
 
"We are now taking a number of steps to move the Solwara 1 project forward pending final sanction of the 
project by the Nautilus Board of Directors," said Nautilus CEO Steve Rogers. "By lifting the suspension, we are 
securing this critical component and ensuring that we meet our project timelines," he said. 
 
GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and 
gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining 
and petrochemicals. GE Oil & Gas also provides pipeline integrity solutions, including inspection and data 
management, and designs and manufactures wire-line and drilling measurement solutions for the oilfield services 
segment. GE Oil & Gas exploits technological innovation from other GE businesses, such as aviation and 
healthcare, to continuously improve oil and gas industry performance and productivity. GE Oil & Gas employs 
more than 16,000 people worldwide and operates in over 100 countries. GE was awarded the contract to build the 
SSLP using their Hydril Pressure Control subsea pumping technology. 
 
Certain of the statements made in this news release may contain forward-looking statements within the meaning 
of the United States Securities Exchange Act of 1934 and forward-looking information within the meaning of 
applicable Canadian securities law. Forward-looking statements and forward-looking information include, but are 
not limited to statements or information with respect to the dates of delivery of seafloor production equipment 
and project deadlines. Even though our management believes that the assumptions made and the expectations 
represented by such statements or information are reasonable, there can be no assurance that the forward- 
looking statement or information will prove to be accurate. Forward-looking statements and information by their 
nature involve known and unknown risks, uncertainties and other factors which may cause the actual results to 
be materially different from any future results expressed or implied by such forward-looking statements or 
information. Such risks, uncertainties and other factors include, among others, late delivery of equipment. 
Should one or more of these risks, uncertainties or other factors materialize, or should underlying assumptions 
prove incorrect, actual results may vary materially from those described in forward-looking statements and 
information. Although we have attempted to identify factors that would cause actual results to differ 
materially from those described in forward-looking statements and information, there may be other factors that 
cause actual results, performances, achievements or events to not be as anticipated, estimated or intended. 
Also, many of the factors are beyond our control. There can be no assurance that forward-looking statements or 
information will prove to be accurate, as actual results and future events could differ materially from those 
anticipated in such statements. Accordingly you should not place undue reliance on forward-looking statements 
or information. Except as required by law, we do not expect to update forward-looking statements and 
information as conditions change and you are referred to the full discussion of the Company's business 
contained in the Company's reports filed with the securities regulatory authorities in Canada. 
 
 
-30- 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Nautilus Minerals Inc. (Toronto) 
Investor Relations 
+1 (416) 551 1100 
investor@nautilusminerals.com 
 
OR 
 
Nautilus Minerals Inc. 
Joe Dowling 
Vice President Investor Relations and Communications 
+61 (7) 3318 5544 or Cell: +61 431 365 741 
jjd@nautilusminerals.com 
www.nautilusminerals.com 
 
OR 
 
Numis Securities Limited 
John Harrison 
Nominated Adviser 
+ 44(0) 20 7260 1000 
 
OR 
 
Numis Securities Limited 
James Black 
Corporate Broking 
+ 44(0) 20 7260 1000 
 
Neither the TSX nor the London Stock Exchange accepts responsibility for the adequacy or accuracy of this press 
release. 
 
 
 
 
Nautilus Minerals Inc. 
 

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