Attempt To Retrieve Remainder Of Gold On Sunken Niagara
(P.A.) Wellington, June 25 An attempt will be made this summer to retrieve two-thirds of £150,000 worth of gold bullion remaining > the sunken Niagaia, if a Sydney syndicate of five prepared to undertake the work can be assured of a reasonable return on their capital. Mr. J. E. Johnstone, who was chief diver during the operations which recovered nearly £2,400,000 worth, or 94 per cent, of the Niagara’s gold, is in New Zealand to estimate the position and report on the prospects. The necessary capital, personnel and equipment, it was stated today, are available.
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Wanganui Chronicle, 26 June 1948, Page 5
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103Attempt To Retrieve Remainder Of Gold On Sunken Niagara Wanganui Chronicle, 26 June 1948, Page 5
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