Fabled 19th-Century Shipwreck May Hold Gold Treasure

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Underwater archaeologist E. Lee Spence with two portholes from the SS Ozama, found off the coast of South Carolina.
(Image credit: E. Lee Spence)

The wreck of a fabled 19th-century gunrunner that may also contain a treasure in gold has been identified off the coast of South Carolina.

The SS Ozama, a 216-foot-long (66 meters) iron-hulled steamship, had a colorful history, according to Discovery News. Launched in Scotland in 1881 as the Craigallion, the ship was active in the Caribbean Seas and helped build the Panama Canal.

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Marc Lallanilla
Live Science Contributor
Marc Lallanilla has been a science writer and health editor at About.com and a producer with ABCNews.com. His freelance writing has appeared in the Los Angeles Times and TheWeek.com. Marc has a Master's degree in environmental planning from the University of California, Berkeley, and an undergraduate degree from the University of Texas at Austin.