Blue Water Ventures International (BWVI) is launching the Paddle Wheeler Project off the coast of the Carolinas.
The company has discovered through its recent satellite research, certain yet to be identified underwater anomalies. Company divers will investigate targets found by the survey team during the 2017 dive season.
BWVI said it has purchased certain information from commercial spear fishermen about various shipwrecks they have located over the years.
“Descriptions of the wrecks indicate that they could be quite valuable. Since we have the locations we do not need to invest in expensive, high-risk searches for the wrecks, we simply need to perform onsite investigations,” BWVI said.
Due to the high numbers of shipwrecks lying in the waters of North and South Carolina it is likely that advanced survey systems will locate other shipwrecks not included in the information provided by the spear fishermen. These shipwrecks were scanned using a satellite based remote sensing technology which produced positive indications for gold.
Further details relating to the Paddle Wheeler Project will be announced as they develop.