Wednesday 13 December 2017

Irish seabed gives up €26m in silver

Breda Heffernan

Breda Heffernan

TREASURE hunters have released photographs of the massive €26m haul of silver bullion recovered from the wreck of a cargo ship that was sunk by the Nazis off the Irish coast more than 70 years ago.

In a new world record for the deepest and largest recovery of precious metal from a shipwreck, Odyssey Marine Exploration raised 1,574 silver bars – or 61 tonnes – from the remains of the SS Gairsoppa, which lies three miles below the surface of the north Atlantic.

The British cargo ship was torpedoed by a German U-boat in 1941 and lies on the seabed around 300 miles south-west of Galway.

Odyssey discovered the wreck in 2011 and last summer recovered nearly 48 tonnes of silver. Added to the latest haul, which was recovered earlier this month, the company believes it has now removed 99pc of the silver believed to be on the ship.

It was given a salvage contract by the UK's Transport Department and will get to keep 80pc of the value of the silver.

Irish Independent

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