Race for Russian warship's '5,500 boxes of gold' - rumoured to be worth US$133 billion
by South China Morning Post 22 Jul 2018 02:46 UTC
There are reports that the Dmitri Donskoi was carrying gold: funds that the Russian fleet needed to pay for fuel, port fees and crew © Handout
Divers off the South Korean island of Ulleungdo have discovered the fabled wreck of the Dmitrii Donskoi, a Russian warship that was sunk in 1905 and is rumoured to still contain 5,500 boxes of gold bars and coins said to be worth US$133 billion.
The badly damaged Russian Imperial Navy cruiser was located by manned submersibles at a depth of 434 metres about 1.3km off Ulleungdo on Sunday morning.
The Seoul-based maritime salvage company Shinil Group has been searching for the precise site of the wreck for several years and put together a team of experts from South Korea, China, Britain and Canada for this year's effort.
To read more please go to the original article.