During World Wars 1&2 the British Government shipped gold bullion to pay for munitions and goods. The estimated present day value of these shipments is circa 300 Billion pounds. During both wars, some 7500 merchant ships were sunk and our research has identified more than 700 to have been specific gold & silver carriers.

Britannia’s Gold Ltd. has been established to finance the recovery of targeted cargoes and return them to the UK for the benefit of the Government, Investors and Merchant Marine Charities.

During World Wars 1&2 the British Government shipped gold bullion to pay for munitions and goods. The estimated present day value of these shipments is circa 300 Billion pounds. During both wars, some 7500 merchant ships were sunk and our research has identified more than 700 to have been specific gold & silver carriers.

Britannia’s Gold Ltd. has been established to finance the recovery of targeted cargoes and return them to the UK for the benefit of the Government, Investors and Merchant Marine Charities.

We know where the wrecks are

Spending over 25 years in both maritime and financial institution archives, both home and abroad, has given us a database of unique intelligence as to wreck location and cargo content.

We know how to bring it home

Our hand-picked IDM International Search & Salvage teams has the combined experience and resources to oversee and manage the recovery of the gold and bring it to the surface.

We know what to look for

Our extensive research identifies vast quantities of gold and other precious metals waiting recovery from the seabed.

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Today we are preparing to go to sea and soon we will invite the public to participate in a unique investment opportunity.

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We know where the wrecks are

Spending over 25 years in both maritime and financial institution archives, both home and abroad, has given us a database of unique intelligence as to wreck location and cargo content.

We know how to bring it home

Our hand-picked IDM International Search & Salvage teams has the combined experience and resources to oversee and manage the recovery of the gold and bring it to the surface.

We know what to look for

Our extensive research identifies vast quantities of gold and other precious metals waiting recovery from the seabed.

Sign Up

Today we are preparing to go to sea and soon we will invite the public to participate in a unique investment opportunity.

Stay informed!

27 Terabytes of data has been cross-referenced, checked and confirmed to give us the locations.

Britannia’s Gold Ltd has exclusive access to four dedicated research teams located in UK, USA and Canada. The teams have spent some 25 years accumulating and digitizing over 8 million documents which provide substantive evidence as to which sunken ships carried the valuable cargoes. Records of these shipping losses are scattered globally throughout Government archives, Maritime Museums, Banks and National Record Offices, both public and privately sealed, to which our research teams have been granted access. Widespread research is a daily activity with current knowledge being frequently further validated and previously unknown and additional targets continually being brought to light.

Our Search & Salvage team is ready to go to sea.

From our vast research database, we have access to invaluable information such as cargoes, wreck locations, water depths and legal ownerships. The circumstances of the sinking and location of the wreck are often further confirmed by inquest documentation and survivor accounts. Target wrecks have been grouped in clusters which allows for proximity survey and salvage operations, single mobilisation and demobilisation of survey and salvage vessels. Modern technologies such as GPS and side scan sonars provide pinpoint accuracy of target’s position. When retrieving cargoes we will use state-of-the-art Remotely Operated Underwater Vehicles and other robotic tooling systems to efficiently and surgically extract and retrieve precious cargo from the hulls of the wrecks.

SURVEY OPERATIONS IN MORE DETAIL

For Britannia’s Gold to examine and analyse the chosen shipwrecks to ensure safe and efficient forward planning of the salvage campaign, there is a requirement to pre-survey each shipwreck to assess and provide for;

a) Correct identification of targeted shipwrecks
b) The current state of deterioration of hulls and superstructures
c) Confirmation of salvage priority
d) The need for a hazardous operability (HAZOP) and hazard identification (HAZID) studies to be undertaken prior to salvage operations commencing
e) Salvage procedures to be drawn up in advance of the salvage campaign ensuring a systematic approach to recoveries and maintain safe and efficient operations

SURVEY EQUIPMENT TO BE USED COMRPISES OF

State of the art, purpose built Dynamically Positioned (DP) survey vessel, equipped with side scan SONAR, Work Class ROV, Observation ROV, multibeam and possibly manned submarines, all of which are operated by a team of highly trained professionals.

SALVAGE OPERATIONS IN MORE DETAIL

Each individual target is assessed upon its research, survey results, geographical position and the environmental conditions within which it lays. The targeted wrecks are not designated War Graves. However, all will be treated with respect and those wrecks known to be sensitive and specifically, to have carried evacuee children, will be avoided at all costs. As a mark of respect, a commemorative plaque will be placed at each shipwreck location upon completion of the teams operations.

Britannia’s Gold Ltd wishes to bestow the utmost respect upon the shipwrecks on which they intend to conduct salvage operations; wherever possible, surgical extraction techniques will be utilised over and above more robust methods of accessing the cargoes.

VESSELS AND EQUIPMENT TO BE USED COMPRISES OF

Salvage vessels using advanced DP (Dynamic Positioning) systems in order to maintain any given position and precise manoeuvrability.

High capacity commercial offshore cranes with Active Heave Compensation using Motion Reference Units to determine the vessels motion, and to keep a load held by lifting equipment motionless in relation to the seabed. Work Class Remote Operated Vehicles equipped with 7 function manipulator and 5 function grabber arms, they are able to carry out a great multitude of seabed operations at depths in excess of 5000 meters.

Underwater cameras equipped with HD colour and SIT black & white cameras as well as ‘real time’ 3D SONAR that allow the operators to see clearly through turbid waters and allow for the accurate positioning of salvage equipment on the shipwreck.

Many billions worth of gold and other precious metals lie waiting on the seabed.

To pay for munitions and goods in both World Wars, the British Government shipped gold bullion worldwide with an estimated present day value of circa £300bn. The majority of these gold shipments were carried by the merchant fleet under Government direction. During both wars, some 7500 merchant ships were sunk with great loss of life. Of the 7500 ships lost, this research has identified more than 700 to have been specific gold & silver carriers. During World War 1, the Bank of England shipped gold worth £125bn and during World War 2 gold worth £175bn (at 2016 prices). These figures do not include other substantial shipments of precious metals, gems and gold owned or controlled by Joint Stock Banks.

Long experience and broad competence on all hands form part of Britannia’s Gold Ltd.

Britannia’s Gold Ltd. has been established to finance the recovery of targeted cargoes from designated gold and silver carriers and return them to the UK for the benefit of the Government, Investors and Merchant Marine Charities

IDM SEARCH & SALVAGE TEAM

Benton Wilcoxon

CEO IDM Exploration LTD

Mr Wilcoxon leads the financing, administration and landside operations of IDM Ltd. He is an experienced founder and CEO of several advanced materials and processes technology companies that have established significant markets worldwide. He is currently involved in commercializing novel high performance nano-structured titanium metal products for use in subsea equipment and the oil industry. He has also been responsible for both funding and co-ordinating the research effort and will be responsible for the latter within IDM and Britannia’s Gold Ltd.

Captain Mark Martin

Salvage Master & Offshore Manager

Mark is an accomplished marine manager with an excellent knowledge of marine survey systems and deep water salvage and recovery techniques, having started his career as a submariner on USS Dolphin, the world’s deepest diving submarine. He subsequently spent 5 years at Odyssey Marine Exploration, managing expeditions that discovered Black Swan, HMS Victory, SS Republic and five WW11 German U-boats. He has conducted numerous other expeditions in the Atlantic, Western Approaches, Caribbean and Mediterranean, operating in depths from 300FSW to 17,000FSW.

Seb Lacombe

Salvage Master

Seb, a fully qualified marine engineer, has huge knowledge of the marine oil and gas industry as well as shipwreck survey and salvage enabling him to design and implement subsea salvage systems such as electro-mechanical grabs and Remote Operated Vehicle tooling skids for use on recovery projects. Seb has been involved in search, identification and survey operations utilising side-scan and acoustic multi-beam survey systems as well as several successful recovery operations.

DIRECTORS BRITANNIA’S GOLD LTD

Will Carrier

Operational Director

Will has spent over 30 years working in the marine subsea industry, both operationally and as business development consultant to corporate level. His broad spectrum of expertise encompassing relevant legislation, HSEQ and maritime contracting both on and offshore gives credence in his ability to manage and develop the operational aspects of the business.

Will has been involved in some of the world’s largest and most challenging marine engineering and oilfield subsea construction and decommissioning projects, including the Piper Alpha disaster, the recovery of the Kursk and the salvaging of the Francois Vieljeux.

More recently, Will has conducted preliminary survey expeditions on various wrecks BGL has identified as targets using state of the art vessels equipped with the latest in marine survey technology.

Philip Reid

Executive Chairman

Mr Reid is currently Chairman of the Angel Business Club and has over 35 years of experience in financial services specialising in the development and funding of early stage companies. He was a Chief Executive of the National Research Development Corporation, a Government backed venture capital organisation which oversaw the exploitation of many of the UK’s leading industrial innovations. He was later a Senior Vice President of Merrill Lynch, co-Founder of Custom House Asset Management in Dublin and in recent years has been Chairman of some five AIM or Plus Listed public companies.

Nigel Blincow

Finance Director

Mr Blincow has been involved in shipping for most of his career, initially as an auditor, and for the past 23 years as a CFO in ship management overseeing a fleet of product carriers. He has experience in treasury and banking together with company structuring, budgeting, cash flow reporting, accounts preparation and liaison with auditors and banks.

Mauricio Garrido

Non Executive Director

Mauricio has been actively involved since 1990 in responding to more than 350 major global ship and cargo salvage incidents, first as Casualty Surveyor for Scandinavian Hull and Liability insurers and later as Salvage Master for international salvage companies including Resolve Marine and Titan Maritime.

Since 2008, Mauricio has been President of Houston based T&T Salvage where he manages global operations in response to salvage, wreck removal, oil spill and other maritime and energy sector emergencies.

Mauricio maintains an active relationship with the US Coast Guard and was the US appointed technical co-ordinator for salvage following Hurricane Katrina. As a past President of the American Salvage Association, he brings a wealth of expertise to BGL

Brought to you by Britannia’s Gold Ltd
Address: Bond House • Woodstock St • W1C 2AN • London • UK • info@britanniasgold.com
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