TAMPA, Fla., Dec. 10, 2020 /PRNewswire/ — Seafarer Exploration Corp. (OTCQB: SFRX) – Seafarer Exploration Corp. is announcing that we have discovered a large concentration of colonial era shipwreck material in Area 2 off Melbourne Beach, Florida. The historic period shipwreck material comprises a variety of artifacts situated within a concentrated area and includes standing rigging, ships fittings, rope and wood fragments. The historic artifact area is still under investigation and could either be part of the historic material previously found over the past few years or a second historic shipwreck entirely. Currently there is not enough information to precisely determine the provenance of the artifacts. In accordance with the current site permit, the site has been reported to the Florida Bureau of Archaeological Research (FBAR) and we have temporarily paused bottom-disturbing activities within 50 meters of the location containing the artifacts in order to preserve the archaeological site context until a continued site exploration plan can be submitted to the FBAR. Once submitted, the site can be more extensively explored. In the meantime, Seafarer Exploration will continue to archaeologically investigate this area as well as explore other locations of interest in Area 1 and Area 2.

According to the project archaeologist, Dr. Robert H Baer, “The Seafarer Exploration discovery possibly dates from the mid – 1600s to the period ending before the Industrial Revolution – no later than 1800. The type and orientation of the artifacts on the ocean floor is indicative of materials used to construct a colonial period sailing vessel that came to rest on the ocean floor where it decayed leaving a fairly compact scatter pattern. The location and depth would have also minimized scatter from storms and near-shore surge. This is unlike other sites which can be scattered for miles.”

The work product described here was performed under the authority of an exploration permit from the State of Florida FBAR.

About Seafarer Exploration:

Seafarer Exploration Corp. is a publicly traded underwater salvage and exploration company traded under the symbol SFRX. The principal business of the company is to develop the infrastructure necessary to engage in the archaeologically-sensitive research, documentation, exploration, recovery, and conservation of historic shipwrecks. The company has secured multiple sites it believes contain historic and valuable shipwrecks. The company will use accepted archaeological methods to properly document, research and recover portions of the wrecks. Seafarer employs scientists and historians and is committed to preserving the cultural and historical significance of every wreck it finds.


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