Plans to Salvage Two Shipwreck Sites Concurrently; Adding Additional
Salvage Equipment While in Port for Maintenance
6:00a ET January 27, 2010 (Business Wire)
Marine Exploration, Inc. (OTCBB: MEXP) and its Joint Venture Partner
Burt Webber’s Hispaniola Ventures, LLC announce their RV Hispaniola
expects to salvage two shipwreck sites concurrently. While the treasure
salvage vessel is in port for maintenance, contractors have been engaged
to add additional salvage equipment, replace zinc plating, and refurbish
fresh water makers. In early February, the Company plans to continue its
salvage at the proven North Coast treasure site off the Dominican
Republic. Another nearby proven site will be worked concurrently using
reef boats from the RV Hispaniola master vessel.
The objects recently found at the North Coast site include silver coins,
jewels, gold jewelry with pearls, a solid gold ring with diamonds, two
hand-held bronze cannons, numerous pistols and cannons, a bell from 1693
with the phrase ‘Soli Deo Gloria’, guild pewter plates, navigation
compasses, plumb lines for measuring depth, a pistol, sword sheaths,
ornaments, plates, silverware, sword handles, a device to measure the
ship’s speed, and bronze candlesticks.
Burt D. Webber Jr., famed diver that in 1978 discovered the Concepcion
in Dominican Republic waters, is currently the onsite Director of
Operations aboard the RV Hispaniola treasure salvage vessel.
About Marine Exploration
Marine Exploration, Inc. and joint venture partner Hispaniola Ventures,
LLC, headed by Burt D. Webber Jr., plan to continue the shipwreck site
survey and salvage and anticipate locating and recovering additional
historic shipwrecks with valuable artifacts and treasure. Working under
exclusive contract with the Dominican Republic, the Company has plans in
place to pursue multiple notable shipwrecks in Dominican Republic
territorial and jurisdictional waters. http://www.mexp.biz/






