Canadian divers help find Russian ship that sank 113 years ago – and it could be full of gold – by Tyler Dawson (National Post – July 19, 2018)

Reports say there were some 5,500 boxes, containing gold coins and bars, aboard Dmitrii Donskoi that would now be worth $170 billion

It took a couple days of scouring the ocean floor, but a team of Canadian explorers with a Vancouver-based undersea technology firm has helped discover a long lost Russian navy ship, sunk 113 years ago, and, according to the rumours, with billions of dollars of gold aboard.

On Tuesday, the Shinil Group in South Korea announced that over the weekend it had found the Dmitrii Donskoi, a czarist-era Russian cruiser that was scuttled following the Battle of Tsushima in May 1905, a major naval battle during the Russio-Japanese War.

Phil Nuytten, the founder and president of Nuytco Research Ltd., said his team has plenty of experience diving to wrecks, from the Lusitania — sunk by a German U-Boat off the coast of Ireland in the First World War — to the Edmund Fitzgerald, which sunk during a storm on Lake Superior in 1975. Nuytten’s crews were just in Antarctica and Brazil, diving at the mouth of the Amazon.

It only took two days for his five-person team to discover the wreck, but that was because the international team of experts from Britain, Korea and Canada already had a relatively good idea of where she had gone down, Nuytten said.

The ship was, in the end, found a little more than a kilometre off the South Korean island of Ulleungdo; the stern was found at a depth of 380 metres and the bow at a depth of 430 metres.

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