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By Arturo Carranza Edwards

Sedimento II oceanographic cruise, on board of the B/O El Puma, shows a new high anomaly or phosphate associated with shelf sediments from the south Mexican Pacific. Recently, were found two anomalies in the Gulf of Tehuantepec, that are located to the east of this new anomaly, that is related to muddy sands and rock fragment debris. The latter shows values of 17% P205. The phosphate occurrence is probably associated with red tides locations that usually are found in sites where sediments are phosphates enriched. These findings suggest that south Mexican Pacific is of potential interest for P205, in waters with high nutrients values. The possibility of a more regional occurrence of phosphate, from California to Chile is suggested.

Jan 1, 2000

By Grigori Abramov

As we enter into the 21st Century, miners are looking more attentively at new mining technologies allowing decrease environment damage along with operational cost. This technic would allow developing of poor and difficult mineral deposits, including the World Ocean offshore zone. Borehole Mining is an underground/underwater remote method of mining carried out from floating platforms or vessels. Definition of Borehole Mining (BHM), working schematic, main technical data and its advantages are given. The method is currently in use in mining of different type of raw materials, such as: uranium, iron ore, quartz sand, coal, polymetallic ores, phosphate, gold, diamonds, rare earths, amber and more. It is also in use in oil and gas stimulation, salt domes storages building and environmental problems solution. Recently recorded data of Borehole Mining productivity (80-100 t/hour/hole) and a depth of mining (over 1 km) has been achieved in a last couple years. Remoteness of method not only secures complete safety of operations but also allows wide sector of underwater applications. The World leaders in Borehole Mining are Russia and the United States. Based on previous experience the Universal Tool for Seabed Borehole Mining has been developed for wide sector of usage: from exploration and mining - through oil & gas stimulation to souterrain storages construction and lake's bottom cleaning.

Jan 1, 2000

By Nii Allotey Odunton

One of the primary responsibilities of the International Seabed Authority?s Secretariat (the Secretariat) is to assess the quantities of metals present in seabed polymetallic nodules in the International Seabed Area under the Authority?s jurisdiction. To carry out this responsibility, the Secretariat periodically undertakes an assessment of the reserved areas in the Clarion-Clipperton region of the northeastern Pacific (CCZ) using the data submitted by the registered Contractors and maintained in the Authority?s POLYDAT database. The results of its most recent assessment demonstrated that the information submitted by the Contractors, though satisfactory for some purposes, does not permit the in situ quantities of metals in these areas to be estimated with a degree of confidence that is comparable to many land-based mineral resource estimates. Our strategy is to divide the work into two distinct but closely related efforts; one to draft a Prospector?s Guide that provides a narrative description of the key geological and oceanographic data that may be related to deposit abundance and metal content, and another that we call the Geological Model, that summarizes and documents the quantitative resource assessments accomplished in the project.

Jan 1, 2005

By M. E. Williamson

In September 2005 Williamson & Associates, Inc. delivered the BMS2 remotely operated seafloor coring system to the Japan Oil, Gas & Minerals National Corporation (JOGMEC). During acceptance trials aboard the JOGMEC research vessel R/V Hakurei Maru No. 2 the BMS2 successfully recovered 7.44 m of rock core in 3377 m water at a site near the crest of a seamount about 500 nm SE of Japan. Hydrogenous ferromanganese oxide crust, basaltic lava, sandstone and volcanic sediments were sampled with near 100% core recovery. The BMS uses rotary rod coring tools to collect samples to a maximum depth of 30 m in water depths up to 6000 m. Depending on bottom type to be sampled, the BMS tool magazine can be loaded with various drilling tools including core barrels with different bit types, drill rod and bore hole casing. The drill has 9 video cameras, a suite of sensors and 60 hydraulic functions powering thrusters, telescoping legs, seawater pumps and all of the standard drilling controls. The BMS provides deep water investigations with the functionality of conventional diamond bit rod drilling currently the mainstay of exploration programs in land mining.

Jan 1, 2005

By Tetsuo Yamazaki

Seafloor massive sulfides (SMS) in the western Pacific have received much attention as resources for gold, silver, copper, zinc, and lead (Lenoble, 2000). Since the end of the 1980s, SMS have been found in the back-arc basin and on oceanic island-arc areas. The typical representatives found are in the Okinawa Trough and on the Izu-Ogasawara Arc near Japan (Halbach et al., 1989; Iizasa et al., 1999), in the Lau Basin and the North Fiji Basin near Fiji (Fouquet et al., 1991; Bendel et al., 1993), and in the East Manus Basin near Papua New Guinea (PNG) (Kia and Lasark, 1999). The higher gold, silver, and copper contents in one of the areas increased the chance for profitable mining operation, which was considered by a private company (Malnic, 2001). The company gathered investment money and announced to start the commercial mining from 2010 (www.nautilusminerals.com). On the basis of geological information of the Sunrise Deposit of the Myojin Knoll on the Izu-Ogasawara Arc (Iizasa et al., 1999) and geotechnical characteristics of SMS (Yamazaki and Park, 2003), some preliminary economic validation analyses of the SMS mining in small production scale were reported by one of the authors (Yamazaki et al., 2003; Yamazaki and Park, 2005; Yamazaki, 2007). The results showed high profitability of the SMS mining.

Jan 1, 2011

By Paul Kennedy, Daniel R. McConnell, Ruth Price

"The underwater search for the passenger aircraft MH 370 produced rare high resolution datasets of the ocean floor of extraordinary size and detail. The survey design and operations were for sole purpose of finding the aircraft debris field. The aircraft was not found in the detailed search area and the survey was suspended. As planned, the data are now being made available to scientists and researchers. The large survey area includes geologic settings that might be prospective for seafloor minerals. A review of the data can provide insights to seafloor mineral prospectivity in the Southern Indian Ocean and is a large dataset that can be used to calibrate object detection for the design of dedicated mineral exploration surveys.Economic minerals in the Southern Indian OceanOceanographic research and scientific drilling cruises have assembled geologic and geophysical data points in the Southern Indian Ocean. These, together with satellite derived bathymetry and gravimetric data, earthquake mapping, and mapping of magnetic anomalies have, even if they lack detail, produced a general understanding of the main tectonic features and plate movements in the Southern Indian Ocean as well as contributed some marine mineral data.The Southeast Indian Ocean Manganese Pavement, a large manganese nodule field south of Diamantina Fracture Zone was discovered in 1970. Dredging and photographic data from the discovery cruise determined that dense nodule accumulations cover 900,000 sq. km."

Jan 1, 2017

By Jan Willem van Bloois

IHC Merwede is world market leader in the construction of specialist dredging equipment; it is a company with a rich history. The Netherlands is a coastal western country for which water management is a very important issue. Without the enclosure of the coastal areas with dikes and dunes almost two third of the Netherlands would be flooded. These activities are mostly performed by the dredging industry and are the foundation of the dredging industry as it is today. Besides land protection this industry also carries out infrastructure maintenance and performs land reclamation projects. In essence the dredging industry is specialized in horizontal excavation activities and operations in shallow waters with the purpose of gathering bottom sediments and disposing it at a different location. The development is that the activities are moving to deeper waters to a depth of up to 150m. A few years ago IHC Merwede received a request to perform the shallow water excavation techniques at a depth of approximately 2000 meters for the deep sea mining market. In response to the increasing number of requests for deep sea dredging and mining application solutions, IHC Merwede combined all of its activities in this sector to create a new, specially equipped operational unit, IHC Deep Sea Dredging & Mining (IHC DSDM).

Jan 1, 2010

By Georgy Cherkashov, Livia Ermakova

Active development of the exploration and further exploitation of deep-sea minerals requires special emphasis on the protection of the marine environment. The complexity of this subject lies in the fact that potential impact and effects of future mining activity are not completely known. One of the main sources of potential impact near the seafloor, as it expected, would be a generation of sediment plumes, their dispersion and redeposition of sediment. Meanwhile, their dimensions, rates of dispersion and redeposition are a big issue. Other plumes are expected in the surface layer as a result of discharges of processing waters and particles after sorting on board of mining vessel, and their features are also not clear. At the same time, understanding of these aspects would be crucial for definition of environment impact area, delineation and designation of different types of protected areas (Areas of Particular Environmental Interest, Impact and Preservation Reference Zones) and future assessment of environmental impacts. Attempts to address these issues demonstrated wide variations between the data of field experiments on the one hand and the results of analytical and numerical models on the other. According to in situ measurements, plumes were detected at a distance vary from one to less than 20 km [e.g., Burns et al., 1980; Sharma et al., 2001; Nautilus Minerals, 2008 etc.], whilst some models show results up to 100 km [Rolinski S. et al., 2001] and more. It seemed that results of in-situ experiments are preferable, but they were not many indeed. However, these data were used in different investigations rather widely, but their focus, as far as we know, was not on the matters related directly with plumes.

Jan 1, 2018

By Alister C. Skinner

The Marine Operations and Engineering section of the British Geological Survey based in Edinburgh, Scotland have, over the last 30 years, developed and operate a series of remotely operated, and powered, seabed coring systems. These systems were initially developed to provide a cost-effective solution to ground truth seismic reflection data for regional geological mapping, where the only solution that existed was conventional and expensive drill-ships. Since the early 1990?s these tools have been used for many other applications in industry and science. Currently the systems can operate in up to 2000 m water depth for 5m seabed penetration and up to 4500m water depth for a specialised oriented core drill which collects a scribed core to 0.8m below seabed. Scientific applications focus on determining the geology of an area and follows pre-determined geophysical interpretations. It usually also follows other coring attempts with non-powered coring equipment which is invariably unsuccessful if the strata is over-consolidated sediments or hard rock. Commercial applications include cable and pipeline route surveys, diamond, gold and base metal exploration, beach reclamation and aggregate materials evaluation. In many cases there is a blend of science and commercial investigation typified by coring in hydrothermal vent areas or carrying out geological coring in a frontier oilfield province. The versatility of the drills allows cost effective and rapid operations in remote and hostile areas where a rapid investigation may be the only one possible in a short weather window. The deepwater operational capability also allows science and commercial assay to be obtained ahead of potential exploitation and allows formulation of scientific theories or commercial project plans based on sound core data. Being mobile and compact these corers may be used from suitable (Dynamically Positioned or Anchored) vessels of convenience and thus provide a cost effective platform for sampling different types of seabed geology on an international basis.

Jan 1, 2004

By John Halkyard

Deep ocean mining is experiencing a rebirth following many years of low levels of activity. Large scale mining is being projected as just over the horizon. A lot has been made of the advances in deep water oil and gas developments over the last thirty years, and how this technology is directly applicable to ocean mining. The authors present their views on this from a perspective of a legacy of participating in the development of manganese nodule mining systems in the 1970s, followed by thirty years in the deepwater oil & gas arena. While it is true that great advances have been made in subsea technology, the differences between mining and oil and gas recovery should not be diminished. Fundamentally, oil and gas are stored in compact reservoirs under pressure. Any intervention leads to flow of the material up a pipe to the surface. The seabed hard minerals are stuck in place, either adhering to sticky pelagic sediment (nodules) or bonded together as hard rock (massive sulfides). The minerals require complex machinery in order to be extracted, sized, concentrated and lifted to the surface. Once at the surface the ore must be dewatered, de-fined and transferred to shore for processing. The overflow from this dewatered product must return to the sea in an environmentally satisfactory manner. These steps involve technology unique to mining that has to be addressed in a methodical fashion before commercial mining systems can be designed. The presentation will discuss the critical technical challenges of deepsea mining and thoughts on different routes to commercialization. The program will address the critical technical challenges, as perceived by the authors, and steps required to address them. Alternate development programs will be discussed focusing on nodules and sulfide. Keywords: manganese nodules, polymetallic sulfides, ocean mining

Jan 1, 2011

By Peter M. Herzig

In September-October 2002, shallow seafloor drilling using the 5 m-Rockdrill of the British Geological Survey and the German R/V Sonne has revealed critical information on the sub-surface nature of two distinct hydrothermal systems in the New Ireland fore-arc and the Manus Basin of Papua New Guinea. Drilling at the summit plateau of Conical Seamount (39 holes, 31 % recovery) south of Lihir Island in the central New Ireland fore-arc has confirmed the sub-seafloor extend of previously discovered surface gold mineralization (up to 230 g/t Au) and associated alteration to a depth of at least 4.5 m below the seafloor and further proven analogies to the giant Ladolam epithermal gold deposit on Lihir Island. Drill core samples of clay-silica alteration contain average gold grades up to 14.2 g/t Au over a length of about 30 cm (fire assay Lihir Gold Ltd. laboratory) and appear to be part of a more extensive gold zone located below a carapace of relatively fresh ancaramitic and trachybasalt. These samples contain a complex mineralogy including realgar, orpiment, galena, sphalerite, some chalcopyrite and pyrite, together with amorphous silica, and possibly cinnabar. In addition to high concentrations of gold, shipboard analyses indicate that the gold-rich samples contain high values of Pb, As, and Sb, which is a characteristic feature of a magmatic-hydrothermal style of mineralization and alteration.

Jan 1, 2002

By David Huber, John Halkyard

Deep Reach Technology, Inc. recently completed a multi-year cooperative research project for the U S Army Research Laboratory for the purposes of investigating recovery of rare earth elements from the seabed. This research led to the discovery of a potentially economical deposit in the Exclusive Economic Zone of the Cook Islands. In order to further develop this resource, Ocean Minerals LLC (OML) was formed in 2016 to explore the development of a deep-sea mining project to recover rare earth elements and scandium from the upper 10m of sediment in promising areas of the Cook Islands Exclusive Economic Zone. OML and the Cook Islands Investment Corporation signed an Agreement in 2016 giving OML exclusive rights to explore a 12000 sq km area and option rights over an additional 48,000 sq km. This poster presents the current status and activities related to this project.

Jan 1, 2017

By Dennis Sánchez Mora, John Jamieson

INTRODUCTION Work by Humphris et al., (2002); Ondréas et al., (2009); Barreyre et al., (2012); and Escartín et al., (2015) has identified active and inactive hydrothermal sites along the Lucky Strike segment. The sites that contain the largest accumulation of known sulfides are located between the north and the southern zones (Figure 1), a vent site area that is referred to as the Main Lucky Strike hydrothermal field (Escartín et al., 2015). Hydrothermal fluid outflow has been linked to a shallow fault network (Barreyre et al., 2012). However, specific constraints on fault geometries have not been determined. Other off-axis sites at Lucky Strike, such as Capelinhos (high temperature vent), and Grunnus (inactive?), as well as a low temperature vent field (on-axis), Ewan, have been described by (Escartín et al., 2015). Given the spatial relationship between the Main Lucky Strike hydrothermal field (MLSHF), and the intersection of northern rift faults with the southern rift faults, a structural analysis of this area can provide insight into the fault controls on fluid flow that leads to hydrothermal venting and sulfide precipitation. METHODOLOGY Structural data (dip direction and dip) was determined using Leapfrog Geo 4.0 software. Bathymetric data was obtained from Escartín et al., (2015) and references therein. The bathymetry was imported into Leapfrog Geo (in UTM format) and, using the structural modelling tool, individual measurements with dip direction and dip data were collected with a focus on the northern volcanic rift and the southern central volcano (Figure 2a). All measurements were taken from what the authors consider as normal faults, and to aid the determination of individual measurements a “face dip” map was constructed, where the bathymetry is colored by slope angle (Figure 2b). All measurements are simultaneously plotted on a stereonet generated by the Leapfrog Geo Software. Data were divided into northern and southern, and western and eastern zones to determine the relationship between hydrothermal venting and the structural geometries at Lucky Strike (Figure 2c). Slip measurements for individual faults were determined along the dip of the fault with a measuring tool. Net slip, heave (horizontal displacement), and throw (vertical displacement) was calculated for each of the zones.

Jan 1, 2018

By Gordon B. J. Fader

A regional assessment of the aggregate potential of the Scotian Shelf is presently being funded through a Canada-Nova Scotia Cooperation Agreement on Mineral Development. This assessment includes testing of seabed materials for their suitability in a variety of concrete, asphalt and other specialized applications. The glacial and postglacial Holocene history of the Scotian Shelf has been favourable for the formation of large deposits of sand and gravel that have potential for use as marine aggregate resources. Large banks and inner shelf areas of the seabed consist of basal transgressive sand and gravel of the Sable Island Sand and Gravel Formation. These sediments accumulated during the late Wisconsinan postglacial transgression, through sorting of glacial materials that were originally deposited beneath marine terminating glaciers. Some sandy deposits occur as low-stand deltas on the inner shelf at 70 m water depth and were formed during the maxi- mum low sea level stand, in early postglacial time, at approximately 12 000 yBP. Modern sediment transport processes have contributed to the formation of areas of large sand bedforms, such as the Cape Split sand wave field and other isolated sand waves of the inner Bay of Fundy, and Eastern Shoal on Banquereau. Sandy sediments, found in many transverse channels in the nearshore, offer a potential for placer gold where proximal to adjacent onshore epithermal gold deposits. Lithothamnion covered gravel occurs as a thin lag overlying glacial sediments in much of the nearshore. Relict gravel beach ridges have been eroded and redistributed through sub-littoral processes after passage of the transgressing beach front. Multibeam bathymetry, sidescan sonograms and high-resolution seismic reflection profiles are the main survey tools. Ground truth consists of large volume seabed samples, vibrocores and photographs. A preliminary assessment of the aggregate potential indicates that very large volumes of suitable aggregate lie in the offshore of southeast Canada.

Jan 1, 1995

By R. W. Nesbitt

The TAG and Broken Spur hydrothermal mounds are located on the Mid Atlantic Ridge (MAR) at 260N and 290N (respectively). Both were initially discovered by exploratory work from surface vessels and both have since been investigated by submersibles. The discovery of TAG resulted from a NOAA Trans-Atlantic Geotraverse (Rona et al. 1975) which fortuitously sampled low temperature materials on the east wall of the MAR rift valley and follow up operations (Rona et al. 1986) located the high temperature (365°C) mound some 5km to the west. In 1994, ODP deep sea drilling (Leg 158) at over 3,500 metres of water recovered core to a depth of 150 m below surface (Herzig et al. 1998) and for the first time allowed a geological interpretation of an active mound. The Broken Spur mound was accidentally discovered in 1993 when sulphide fragments were observed on a deep-sea towed camera system (Murton 1993). Later that year, exploratory submersible dives by Alvin located the hydrothermal field and the area was again explored by submersible in 1994 and 1997. Despite the amount of work carried out, our geological understanding of the MAR mounds is limited. Much effort has gone into measuring fluid chemistry whilst practical difficulties have inhibited good geological mapping of the sulphide areas. It is clear from both TAG and Broken Spur that the mounds are not necessarily located in the areas of highest heat potential. Indeed, TAG is some 2 km from the rift valley axis and has been operational for several tens of thousands of years. Hence, heat availability is not a major consideration and the most obvious control is a structural one. Mapping on Broken Spur indicates a series of isolated vent-sulphide areas, concentrated around a minor graben. Their distribution, size and nature all indicate that they are residual parts of a much larger sulphide body which was at least the size of the present TAG field. The evidence is for a cyclical pattern of mound growth -mass wasting? rejuvenation and the Broken Spur mound appears to be in the rejuvenation stage of the cycle. Mound cyclicity must be related to the supply of hot water which itself is a function of the connectivity of fracture systems. Hence, we return to the theme that the major controls in mound development are structural ones.

Jan 1, 1998

An extensive ferromanganese nodule field south of New Zealand (Fig. 1) has existed beneath the flow of the Deep Western Boundary Current (DWBC) and Antarctic Circumpolar Current (ACC) for at least the past 15 m.y. West of 174°E, between 59°S and 48°S, the field is 300-500 km wide, but east of 174°E, where current flow impinges on the eastern slope of the Campbell Plateau, the field narrows from ca. 200 km at 55°S to ca. 120 km at 51°S. This narrowing coincides with deflection of current flow eastwards, and consequent reduction in bottom-current velocity and eddy kinetic energy. Based on sea floor photographs, dredge samples and 3.5 kHz profile data, six distinct seafloor substrates are delineated, forming broadly parallel zones eastwards from the lowermost Campbell Slope (Fig. 2).

Jan 1, 2003

By Richard Harrison, Frank Lim

"Lifting of slurry from the seabed mining machine to the surface production vessel is a critical element of any deepwater seabed mining system. A Vertical Transport System (VTS) comprises pump(s), riser string, connectors and hang-off assembly as its main components, but it is the pipe material, riser configuration and installation method that often attract the most discussions.This presentation will feature important VTS design work 2H has done over the years for different stakeholders, and highlight the work carried out as a partner to the EU funded Blue Mining Joint Industry Project.The key challenges faced by a deepwater VTS are:??High riser payload??Large deck space for storing riser joints??Long time to deploy and retrieve riser??Uncertain metocean conditions??Vortex induced vibrations??Weld and connector fatigueIncreasing the water depth further sees the longer and increasingly ‘springy’ riser experiencing axial resonance caused by wave induced vessel heave motions being close to the riser resonant period. This can lead to snatch loading and fatigue failure in the riser.The presentation will discuss the above design issues, analysis requirements and provide guidance on pump/riser selection. Solutions to mitigate the resonant response issues will also be proposed.."

Jan 1, 2017

By Harald Brekke

On 13 July 2000, the ISA adopted the Regulations on Prospecting and Exploration for Polymetallic Nodules in the Area. The first contracts for such exploration were issued by the ISA the same year. The duration of exploration contracts is 15 years, after which the contractors are expected to go into exploitation. In 2013, ISA with the LTC initiated the process for developing the regulations for exploitation, and are currently working on the first draft to put forward for the Council. In the meantime, the first seven exploration contracts have expired, and been given five years extensions in order for the contractors to get ready to apply for exploitation contracts. According to the current draft of the exploitation regulations, an application for an exploitation contract shall be accompanied by all data acquired during the exploration phase, a mining plan, a financing plan, and a set of environmental plans (i.e. an environmental impact statement, an emergency response and contingency plan, environmental management and monitoring plan, and a closure plan). All of these plans have to be based on substantial scientific and technical data and information. The mining plan requires geoscientific data regarding the mineralogy and grade of the nodules, and the physiography of the mining site as a basis for the consideration of critical aspects, inter alia for making reliable resource estimations, design the mining operations, and forecast revenues. The environmental plans require the input of a substantial set of bioscientific data and information on the exploitation technology in order to establish base-lines, and monitor and evaluate the effects of the mining operations. Under the exploration contracts, such scientific data have been acquired and reported on an annual basis to the ISA. Some testing of mining equipment and experiments on the extraction of metals have also been performed by some contractors. These scientific and technical data from the exploration phase will be the basis for the for the preparation of the studies, plans and documents required for the applications for exploitation. No time frame is specified for the preparations of an application but it must be assumed to take place before the expiration of the exploration contract.

Jan 1, 2018

By Alexander Malahoff

Six active Kermadec Arc submarine volcanoes located between 34°S and 36°30?S were mapped and sampled by an interdisciplinary inter-institutional research team between April and July 2005 using submersibles Pisces V and Pisces IV aboard the mother ship the RV Kai?mikai-O-Kanaloa. The purpose of the expedition was to study the relationship between hydrothermal activity, formation of hydrothermal mineral deposits and the biodiversity of life associated with the hydrothermal vents. Of the volcanoes examined, all showed evidence of hydrothermal activity, plume production and helium anomalies. Only two of the volcanoes, namely Brothers and Clark, showed chimneys and surficial poly-metallic sulphide deposition. Hydrothermal venting at a water depth of 1700 meters within the base of the northern wall of the summit caldera of Brothers Volcano has produced a field of chimneys, some of them 5 metres high with black smokers venting. Temperatures of 300°C were measured within the active vents. Clark Volcano has a double cone summit at a water depth of 875 metres. The shallowest cone has a near-summit hydrothermal vent field with 5-meter high venting chimneys and smaller structures around the periphery. Water temperatures of 200°C. Geochemical and petrological analysis of the massive poly-metallic sulphide samples taken from Brothers and Clark show a diversity of mineralogy. This diversity is clearly a function of hydrothermal water temperature. Chimneys sampled from Brothers are pyrite and sphalerite dominant with lesser chalcopyrite. Sulphides from Clark Volcano tend to be barite rich with lesser sphalerite and pyrite. Sulphides from Brothers Volcano have a range in gold composition of 4 to 58 ppb with silver composition of up to 38 ppb. A mineral formation model for the volcanoes suggests hydrothermal fluid boiling within the volcanic edifice for those volcanoes with shallow summits and massive sulphide deposition with the edifice as well. Surficial deposits include native sulphur and lower temperature oxides. Only the deeper water Brothers Volcano shows massive sulphide deposition along the marginal faults of the caldera floor.

Jan 1, 2005

By R. D. Hamer

"The Atlantis II Deposit comprises metalliferous sediments (Zn+Cu+Ag+Au) accumulating in a composite, axial basin, 2,000m beneath the surface of the Red Sea. The basin contains warm, highly saline water. It is located approximately half way between Jeddah and Port Sudan within the Exclusive Economic zones of Saudi Arabia and Sudan. The Deposit was discovered in 1963 and evaluated by drilling in the 1970s and 1980s. This phase defined an initial resource of approximately 90Mt. More recent estimations have refined this figure to an Inferred Resource of approximately 80Mt (CIM compliant).The Mining Licence to develop and extract the Atlantis II Deep Deposit was granted to Manafai International Trade in 2010 by the joint Saudi-Sudanese Red Sea Commission. Manafai is poised to embark on a renewed phase of exploration and evaluation, including the completion of a Definitive Feasibility Study (DFS) and leading to the successful exploitation of the Deposit in a safe, environmentally sound, economically viable and socially responsible manner.The Deposit is forming in a complex basin adjacent the median rift, where sea floor spreading has operated during the last 5Ma. It is a Hydrothermal-sedimentary Deposit. The mineralised sedimentary rocks rest directly on sea floor basaltic rocks. They are produced by the exhalation of metal-rich, hydrothermal brines from fissures associated with the central rift and cross-cutting fracture zones. Up to 25m of metal-rich sediments have accumulated over an area exceeding 57km²."

Jan 1, 2017