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Press Release
Exquisite Gold Chalice Discovered in Florida Straits.
Judge Adjudicates Santa Margarita Shipwreck Treasures
The motion of adjudication of articles of salvage was approved by Judge King.
Shipwreck Treasures Divided
Today, the Santa Margarita treasure was formally divided between joint venture partners Motivation, Inc., and Blue Water Ventures Key West.
   Blue Water Ventures of Key West, Inc. Presents:

The Santa Margarita Project

Welcome

In the year 1622, a treasure galleon carrying the wealth of the “Indies” was destroyed in a violent storm. All possible means were attempted to locate and reclaim her riches. After some initial success, salvage was ultimately thwarted by rapidly shifting sands and savage currents. The fortunes of the 1622 Fleet shipwreck Santa Margarita were abandoned and left to their fate in the waters of the Florida Straits.

Today, Blue Waters Ventures Key West has launched our third consecutive season of search and recovery of the Santa Margarita shipwreck. We know from archival records that no less than 800 ounces of registered gold, 145 silver bars weighing between 80 and 100 pounds each, and more than 80,000 silver coins from the Santa Margarita still await discovery. And that is just the documented treasures…

Because the Santa Margarita was battered and broken apart in the storm, its cargo was distributed over an extensive area and now lies scattered and hidden.

W. Keith Webb
President and CEO
Blue Water Ventures Key West
With a world-class team of historic shipwreck search and recovery experts and cutting-edge technology, Blue Water Ventures Key West has all ready recovered multi-millions in treasures and brought to light a treasure trove of historic information.

My project team and I invite you to share the adventure as we continue to search for and discover the treasures of the Santa Margarita.
W. Keith Webb            


Blue Water Ventures of Key West is a Florida corporation and enjoys a joint venture partnership with the Mel Fisher company, Motivation Inc., to survey and excavate the treasures of Santa Margarita. Many thanks to Mel Fisher's Treasures and The Mel Fisher Maritime Heritage Society for allowing us to use some of their photographs, material and links. We would also like to thank John Whitesel from Black Laser Learning for the animation of the Santa Margarita during the 1622 hurricane.


 
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