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...

Salvage Update January 2018

RISK ANALYSIS, PROJECT PLANNING AND OPTIMISATION Recent announcements by the company have alluded to BGL reassessing salvage and vessel solutions prior to renewing its cargo recovery activities later this quarter. This also involves detailed evaluation of existing and...

Happy New Year

Dear Shareholders, Friends and Team Members, The Directors of Britannia's Gold Ltd would like to wish all a very Happy New Year and look forward to 2018 being a year of substantial activity. We would hope to bring you details of planned salvage programmes early in the...

December Shareholder Update

Dear Shareholder, As announced last week, you will be aware the initial salvage programme was suspended and is  to be continued as early as possible in 2018. This followed a deterioration in weather conditions and the discovery of munitions on board. We were aware...

Salvage Update December 6 • 2017

SALVAGE UPDATE BRITANNIA'S GOLD   Security and Safety issues... BGL wishes to inform shareholders that owing to operational and security issues, the salvage vessel is returning to port today with the current salvage programme being suspended. The operational...

Salvage Update November 30

STATISTICS & NEW INTEL! The team have now been operational on site for a total of 25 days, within this short period of time they have amassed the following impressive statistics from their 800m² work area; Over 1300 Successful Grabs made to date Estimation of...

Salvage Update November 22

CONTINUED OPERATIONS IN FAIR WEATHER Over the past week the team have made good progress at site helped by good weather conditions and excellent equipment reliability. The initial uncovering and breaching of the top deck did however uncover a shipwreck in total...

Salvage Update from Will & Team

"Good progress at both prospect areas..." “The Salvage vessel has now been back on site for 4 days; arriving as the weather fell back into parameters. After the ships Dynamic Positioning was (DP) set-up we were able to return immediately to subsea operations as...