Business Insider reported that the discovered shipwreck was named Dmitrii Donskoii.

This is a cruise ship that is part of the Russian Baltic Fleet.

This fateful ship was carrying 5,500 barrels of gold coins and bars worth $133 billion when it was sunk during the Russo-Japanese War of 1905.

The shipwreck alone is considered a historical artifact valued at up to $8 billion.

Hundreds of billions of treasures were found at the bottom of the sea. Photo: Business Insider

Shinil Company announced that they found the rusted remains at the bottom of the sea, at a depth of about 430 meters and approximately 1 kilometer from the Jeodong-ri area on Ulleung Island.

Divers quickly took photographs of the ship’s stern with the words Dmitrii Donskoii.

In addition to the enormous amount of treasure, divers also discovered artillery. Divers also found 203mm artillery, 152mm long-range guns, many machine guns and other ordnance.

Currently, authorities still do not know whether the gold treasure is still intact or not, but the company has announced that it will donate 10% of the treasure’s total value of $133 billion to help turn Ulleung Island into an attractive destination. tourist. .