Salvage Update 2 – December 2018

Progress over the last 10-days on site has been good with marked improvement in the hull plate removal rate and excavations of overburden. Perseverance and determination are the two words that spring to mind when it comes to this wreck as BGL has worked its equipment...

Salvage Update – December 2018

Britannias Gold – Salvage Update 05/12/2018 Progress at site since our last update has been satisfactory given the conditions we have been working in and the continuing removal of hull plate has proven to be time consuming and difficult. As mentioned in our last...

Salvage Update 3 – November 2018

Following on from our last update distributed on the 12/11, the offshore team has continued operations in a bid to remove the hull plating above the desired strong room location. This has proven particularly difficult due to the plates physical properties which after...

Salvage Update 2 – November 2018

Salvage Programme Progress Report 2 It has been a challenging week with repeated visits from Irish Navy, Air Force and Coast Guard questioning our activities. Although BGL is legally within its rights to undertake salvage operations within international waters, the...

Salvage Update November 2018

Current Salvage Operation Update 1 On arrival at site, BGL conducted as-found surveys of the target to confirm findings of the survey visit in April. There were no changes which allowed for preliminary salvage operations to commence in the form of grab and ROV cutting...

Salvage Update October 2018

25th October 2018 Britannia’s Gold Limited: Progress Statement Shareholders will recall that we delayed our intended salvage programme to take advantage of lower salvage vessel charter rates that were expected to prevail in Quarter 4 this year. There has been greater...

Salvage Update June 2018

SALVAGE UPDATE The Board of BGL is very aware of the recent lack of information regarding its current status and salvage plans. The purpose of this note is ideally to allay any concerns shareholders might have and to indicate the current operational thinking. I go...

Article: GOLD HUNTERS IDENTIFIES $750M OF LOST CARGO

Gold hunters' OSV identifies $750m of lost cargo Survey by Ostensjo ship pinpoints World War wrecks that will yield treasure. June 14th, 2018 06:12 GMT by Gary Dixon Published in TRADE WINDS – OFFSHORE A UK company's offshore support vessel (OSV) will soon be heading...

Survey Update April 2018

Britannia’s Gold returns today from a very productive survey programme in the North Atlantic. For this exercise, BGL chartered the Norwegian state of the art survey vessel ‘EDDA FONN’. The objective of the programme was to locate, identify and survey five new target...

Exclusive Share Offer_April 2018

BRITANNIA'S GOLD SHARE OFFER As previously communicated, Will Carrier and his team set sail on Wednesday April 4th to carry out a comprehensive survey of 5 potential target wrecks. Progress to date has been so good that with the survey now already being conducted on...