Abstract

The Manus back-arc basin host three distinct well known submarine hydrothermal deposits of Vienna Wood, Pacmanus and Onsen sites. The Vienna Wood site is a typical Cu-Zn type of mineralization consisting predominantly of pyrite, marcasite, sphalerite, wurtzite and chalcopyrite. The Pacmanus site is a polymetallic type of mineral deposit consisting of sphalerite, chalcopyrite, bornite, wurtzite, pyrite, marcasite, enargite, tennantite, galena, Pb-As-Sulphosalt, gold, covellite, digenite and chalcocite. The Onsen site is the first deep sea acid sulfate type of mineralisationconsisting ofenargite, covellite, chalcopyrite, pyrite and marcasite.The Papua New Guinea (PNG) Government has granted exploration license to Nautilus Mineral Cooperation to explore for submarin e hydrothermal deposit in the Manus Basin. It has done extensive exploration around the existing hydrothermal depos its of Vienna Wood, Pacmanus and Onsen site. This has resulted in the discoveries of well over twenty hydrothermal deposits (Solwara 1 to Solwara 20). Nautilus Minerals has done resource drilling on Solwara 1 and Solwara 12 deposit due to its polymetallic type of mineralization and its geochemicalsimilarities to the Pacmanus site. From resources drilling, Nautilus Minerals reported an indicated and inferred mineral resource of 1030 kt and 1540 kt respectively for the Solwara 1 project at 2.6% Cu equivalent cut off grade. The PNG government has granted mining lease (ML154) to Nautilus Minerals to mine the Solwara 1 deposit in January 2012. If mining activity commences at the Solwara 1 site then Nautilus needs to address possible environmental impacts of water usage and discharge, water quality, sedimentation and dewatering and preservation of hydrothermal vent communities.

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