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http://sync.sympatico.ca/news/conten...nenabled=false MAN!! That's lots of silver!! A Florida pursuit organization has verified a breakthrough that's the material which wreck films are created?a WWII-era British cargo vessel the SS Gairsoppa holding gold valued today at significantly more than $200 million US known. Journey Marine Exploration says it's verified the location and identification of the wreck site?nearly 4,700 yards below the top of the North Atlantic, about 480 kilometers off the coast of Ireland in international waters. The Tampa organization, operating under contract for the British government, says study and official documents show the vessel was carrying eight million ounces of silver, including over three million ounces of personal silver gold covered from the government. If restored, it'd be the biggest known rare metal freight actually gathered after being dropped at sea. Mark Gordon, Odyssey leader and chief operating officer, says the region was situated having a program then, and named side-scan sonar visually examined in under 8 weeks from the start of-the procedure. "We have achieved the initial stage of the project - the identification and location of the goal wreck - and now we're hard at work planning the restoration phase," mentioned Andrew Craig, Odyssey senior project director. "Given the situation and alignment of the wreck, we're acutely confident our in the pipeline repair procedure is likely to be well-suited for your restoration with this gold cargo." The Empire Simba Gairsoppa was a 125.5-metre steel-hulled cargo vessel that was torpedoed in February 1941. This Year, the U.K. Government Department for Transport granted the repair agreement to Odyssey for the freight of the vessel. Save procedures focused for spring Under the salvage contract, Odyssey might keep 80 percent of the net restored price of the gold bullion restored under the agreement, while the rest will be got by the British government, the organization says. An Odyssey group performed remotely controlled vehicle functions, to examine the website. Pictures and the video obtained during the pursuit of the shipwreck were examined and examined to verify the identification of the shipwreck to be the SS Gairsoppa. The resulting data and journey were used to judge the health of the wreck and to start planning recovery procedures. It's thought all 85 males aboard died, including one officer who survived not exactly fourteen days in a lifeboat, following the vessel was torpedoed. "Even although documents show the lifeboats were launched prior to the vessel sank, unfortunately the majority of her staff didn't endure the long trip to shore," mentioned Neil Cunningham Dobson, Odyssey's primary maritime archeologist. "By finding this wreck, and telling the story of its decline, we pay homage to the courageous merchant sailors who lost their lives." Journey has started the means of building and indicating the various tools and gear for salvage operations, which will probably start this spring. "While many people may wonder concerning the possible difficulty of salvage at this level, we've already conducted a comprehensive evaluation of the greatest instruments and processes to perform this procedure and are confident the salvage is likely to be conducted effectively and on a regular basis," mentioned Greg Stemm, Odyssey's ceo. "Hundreds of modern cargo vessels such as this have now been restored because the century, some at depths of tens and thousands of yards. We were lucky to obtain the wreck sitting erect, using the supports readily available and available. This will allow us to sell cargo through-the hatches as might occur using a vessel alongside a cargo terminal." --i question who possessed the 3 million ounces of personal gold bullion the gov't insured?? --who knows what it will be worth once they eventually have it towards the surface??