Colombia has found the wreck of a Spanish galleon that was sunk by the British in the Caribbean over 300 years ago carrying gold & precious stones thought to be worth billions.
Treasure hunters had searched for the ship for decades, & although they found plenty of other wrecks, the San Jose's final resting place had remained a mystery until now.
Colombian PresidentÂ Juan Manuel Santos proudly declared: "This is the most valuable treasure that has been found in the history of humanity."
The San Jose was sunk in June 1708 near the Islas del Rosario, off the coast of Cartegena, during combat with British ships attempting to take its cargo, part of the War of Spanish Succession.
The galleon was the main ship in a treasure fleet carrying gold, silver & other valuable items from Spain's American colonies to King Philip V.
It is believed to have been carrying 11 million gold coins & jewels that could be worth billions of dollars if ever recovered.
Only a handful of the ship's crew of 600 survived when the San Jose sank.
A team of Colombian & foreign researchers, including a veteran of the group that discovered the wreck of the Titanic in 1985, studied winds & currents of the Caribbean 307 years ago & delved into colonial archives in Spain & Colombia searching for clues.
Experts confirmed that they found the San Jose on 27 November "in a place never before referenced by previous research," President Santos said.
At least five other shipwrecks were found when searching the ocean floor.
The experts confirmed that they located the San Jose, which was lying on its side, because the ship was carrying unique bronze cannons with engraved dolphins.
Source: “Sky News”