Nearly forgotten piece of B.C. maritime history now front and centre after the Pacific, believed to contain millions in gold, was discovered
The 41-year-old businessman had established the first sawmill on the north shore of Burrard Inlet on Tsleil-Waututh lands and had made a lot of money since arriving in New Westminster in 1861 from the U.S.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
A piece of wood bearing the signature of Sewell Moody with the words “All Lost” that was recovered from a beach in Victoria in December 1875 following the wreck of the Pacific with the loss of at least 350 lives.Six-weeks later, that board washed up on the beach just below Beacon Hill near Victoria, close to where Moody had been living at the time, and was found by government workers still checking the beaches daily for bodies from the wreck.
The U.S.-based consortium that located the Pacific — Rockfish Inc. — filed papers in the U.S. District Court in Seattle in November stating the wreck was at a depth of around 500 metres off Cape Flattery on the tip of the Olympic Peninsula.Article content The company is having built in Mexico a 75 by 30 metre structure that will be placed around the wreck as a base for the salvage effort. Underwater robotic equipment will then be used to move aside the clay cover and start extracting artifacts.This advertisement has not loaded yet, but your article continues below.At the time of the sinking, there was an estimated 4,000 ounces of gold on board, now worth around $10 million, most likely in the form of assayed gold bullion.
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