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Silver Worth $19 Million Found at Sea

Company locates ship 8,000 ft. underwater

On Monday, a Florida-based deep-ocean recovery team announced the discovery of a British ship torpedoed in the North Atlantic during World War One that holds $19 million in silver. The Odyssey Marine Exploration corporation found the SS Mantola 8,000 feet underwater, 94 years after it was sunk by a German submarine. The discovery is the second major salvage contract announced by Odyssey this year. Last month, the company discovered another British wreck carrying silver valued at more than $220 million. Salvage operations for both wrecks will begin in 2012. 

Read more at the Associated Press

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Filed To: News