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Nautilus Minerals Inc.

10:40 AM EST - Nautilus Minerals Inc. : Has successfully completed the first trial of its newly developed autonomous sediment sampler. The insect-inspired creation is dubbed the “Nautilus Jumping Spider” and resembling its animal namesake, it sports a number of “tubular” legs. On landing on the seafloor, a mechanical trigger starts the suction system that delivers sediment up the tubular legs and into the sample housing. Following the release of a biodegradable sacrificial ballast weight, a deep-sea float lifts the sampler back to surface for later collection. Nautilus Minerals Inc. shares T.NUS are trading up $0.02 at $0.23.