The ship was discovered in the waters off South Carolina's coast this past weekend

Jun 6, 2013 09:13 GMT  ·  By

As it turns out, US explorers have had a rather busy weekend. Long story short, they might have discovered impressive amounts of gold resting at the bottom of the ocean in the waters off South Carolina's coast.

For the sake of accuracy, it need be said that they didn't actually find any gold in these waters, at least not for the time being.

What they did find were the remains of a ship dating back to the 19th century, which they say used to be involved in smuggling activities.

Since the crew aboard this ship were particularly fond of smuggling gold and guns, the explorers suspect that noteworthy amounts of this precious metal are still hidden inside the shipwreck or perhaps buried in the sand close to it.

The Examiner reports that, according to the US explorers now causing all this media stir, the boat they got to closely analyze is the SS Ozama, which historical records say sank back in the 1890s, not very far from Cape Romain.

The same source quotes Dr. E. Lee Spence, who told the press that, “We have positively identified the vessel through the engine type, length, width, type of decking and other construction features, as well as its location, which matches perfectly with historical accounts.”

Interestingly enough, the finding of this shipwreck was not so much a discovery as it was a re-discovery. Thus, researchers first came across this ship's remains in the late 70s.

At that time, the shipwreck failed to impress those who had the chance to have a look at it.

Since identifying it turned out to be a futile endeavor, explorers soon found other things to bother themselves with and the ship was forgotten.

The US explorers say that they have thus far managed to retrieve some unbroken china from the ship, and that they plan on visiting it again as soon as possible.

Sadly, even if gold is hidden inside this shipwreck, the precious metal will most likely have to be turned in to the US government.