Seafarer Exploration Corp. Discovers Silver Treasure Coins at Salvage Site

13 Sep 2011 12:09 PM | Anonymous

Seafarer Exploration Corp. Discovers Silver Treasure Coins at Salvage Site

TAMPA, FL, Sep 13, 2011 (MARKETWIRE via COMTEX) -- Seafarer Exploration Corp. /quotes/zigman/519398 SFRX +3.13% , a company focused on the archaeologically-sensitive exploration and recovery of historic shipwrecks, announced today that it has recently discovered a few small silver coins and pieces of coins off of Juno Beach, Florida. Seafarer has also located other interesting artifacts in the area. Seafarer, along with Tulco Resources, Ltd., has a three year permit from the State of Florida Bureau of Archaeological Research to perform recovery operations in a specified permit area off of Juno Beach.

Rachel Murrell, a diving archaeologist for Seafarer who found three of the silver coins, said, "Since receiving our salvage permit, we've approached the site from a different angle with different salvage techniques and it is beginning to pay off. We have been able to overcome obstacles and have discovered some incredible artifacts including several coins and coin pieces. I am excited to see what else our salvage site will yield in the future."



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