“Odyssey is conducting the Gairsoppa project under contract with the UK Department for Transport”

As the Guardian reports, US company Odyssey Marine Eploration have announced the recovery of “approximately 48 tons of silver bullion from a depth of approximately three miles” from the SS Gairsoppa, 300 miles off the Irish coast. According to Odyssey Marine This initial recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, totals 1,203 silver bars or approximately 1.4 million troy ounces of silver and has been transported to a secure facility …

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Odyssey Marine surrenders ‘Black Swan’ treasure to Spain

It looks as if the 5 year legal battle between US company Odyssey Marine Exploration and the Spanish government over the ‘Black Swan’ treasure is finally coming to an end.  As I mentioned previously Browsing through the Odyssey Marine press archive brings an update on their previous big find.  Also mentioned in my earlier post  Odyssey is currently being sued by the Spanish government over a previous treasure of “17 tonnes of silver coins plus a few hundred gold coins”, …

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