- Deep Sea Minerals (CSE:SEAS) has filed an application with the US National Oceanic and Atmospheric Administration to explore for critical minerals in the Pacific Ocean under the Deep Seabed Hard Mineral Resources Act
- The subsea exploration and development company focuses on critical minerals relevant to the defense, industrial manufacturing, clean energy, advanced electronics and artificial intelligence supply chains
- Deep Sea Minerals stock has added 20 per cent since adopting the Deep Sea Minerals name in January 2026
Deep Sea Minerals (CSE:SEAS) has filed an application with the US National Oceanic and Atmospheric Administration (NOAA) to explore for critical minerals in the Pacific Ocean under the Deep Seabed Hard Mineral Resources Act (DSHMRA).
The application, filed by US subsidiary American Ocean Minerals, seeks an exploration license covering polymetallic nodules in the Clarion-Clipperton Zone southwest of Mexico and the United States, beginning with data collection and environmental assessment work.
According to the company’s Q1 2026 investor presentation, Clarion-Clipperton is estimated to contain at least 21.1 billion tons of dry polymetallic nodules spanning a more than 1 million square-kilometre mining area.
“This submission represents an initial step in the regulatory process under DSHMRA,” James Deckelman, chief executive officer of Deep Sea Minerals, said in Monday’s news release. “We have structured the application to align with NOAA’s requirements and to outline a phased approach that includes environmental data collection and ongoing evaluation. We look forward to NOAA’s review and to engaging as part of that process.”
NOAA will now turn its attention to reviewing the application, which will include space for public comments and interagency consultation.
About Deep Sea Minerals
Deep Sea Minerals is a subsea exploration and development company focused on critical minerals relevant to the defence, industrial manufacturing, clean energy, advanced electronics and artificial intelligence supply chains.
The deep-sea mining stock (CSE:SEAS) is up by 1.89 per cent trading at C$1.08 as of 11:50 am ET. The stock has added 20 per cent since adopting the Deep Sea Minerals name in January 2026.
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