Tuesday, September 27, 2011

Treasure worth £150m found in Atlantic shipwreck

A SHIPWRECK holding silver worth £150million has been discovered in the Atlantic – the largest amount of precious metal ever found at sea.

About 200 tons of the bullion sank off Ireland with British cargo steamer the SS Gairsoppa when it was hit by a German torpedo in 1941.

But it has now been found by US treasure hunters awarded a contract to conduct a search by our Department for Transport.

They will now attempt to salvage the silver and will have to hand 20% of its value to the British Treasury.

The US team lowered a robot 2.9 miles to the seabed and it found a gaping hole in the side of the ship where the torpedo had struck 70 years ago.

Read more: http://www.mirror.co.uk/news/top-stories/2011/09/27/treasure-worth-150m-found-in-atlantic-shipwreck-115875-23448625/#ixzz1ZAhmu68V

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