Near term updates are expected to continue, the company noted.
Mark Goldberg, CEO Marine Exploration notes, "Like the Nuestra Senora de la Concepcion, one of Burt Webber's prior finds, the initial indications are that this new shipwreck site contains partial remnants determined to be from the 1700s. At this time, the site is secure and the location is not being made public. Our research vessel, R/V Hispaniola, is on the way back to port with the treasures. The Company will have photographs and videos of the artifacts available to its investors in the near future."
Marine Exploration, Inc. and joint venture partner Hispaniola Ventures, LLC, headed by Burt D. Webber, Jr., expect to continue the surveys and anticipate locating and recovering 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.
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