Deep Blue Marine Inc. (OTC: DPBM)
KEY WEST, Fla.–(BUSINESS WIRE)–Deep Blue Marine Inc. (DPBM) is pleased to announce that the company is ready to start the 2007 dive season, and boats will return to the Woman Key Site as soon as the current low pressure system leaves and the weather changes. Divers plan to continue exploring the sonar hits and also to do much more extensive work in the proven areas this season. These areas include but are not limited to:
1) Large possible ballast pile located by sonar
2) Ballast field located by Taz
3) High probability recovery site located by Old Charter Salvage
(under contract to Deep Blue)
4) Wide sweep inspection of anchor and cannon ball sites located by
Billy
5) Wide sweep inspection of area where Ed and Gary found silver coin
6) Surface and sub bottom search of the Kirby site located by Billy
7) Search of 2,500 sonar hits in a 15 square mile plus area.
Each area and search is mapped, profiled and prepared prior to excavation. If an artifact is found we then record its location in comparison to the information already recorded and add it to the scatter trail. If the artifact is of historical importance, we bring it to the surface and clean it and restore it as much as possible. Larger items such as the anchor, are left on the bottom because we are not in the position to restore it properly yet. The anchor would suffer permanent damage. We must build a large enough holding tank to treat the anchor; the process to restore it will take about two years. Ferrous and even some non-ferrous artifacts must under go electrolysis to remove salts and minerals that have impregnated the metals; an anchor or a cannon that has been in the water as long as this will take about two years to restore. This anchor was cast in about 1500-1600. This is much too valuable an artifact to be handled wrong. Many times people bring them up and do not restore them properly, and the artifacts then peel, split and rust away in a matter of a few years. You can see these mishandled artifacts sitting in parks and outside restaurants all over the country. Salt water recovery requires greater care than most people are willing to give. For that reason we will not bring the larger items up until they can be handled properly.
Wilf Blum, president of Deep Blue Marine Inc., said, “We have a lot to do this year on this site, and also we have some possible misunderstandings to clear up. The ballast pile we announced last season is more like a trail. We had originally announced that it was 135 feet long, but that is not the case. The main pile that we identified on sonar is not far from the anchor, and consists of ballast and dead and live coral; it is fairly large in size and does show up well on sonar. However, Taz located ballast that is spread out over a very large area, with stones being found in groups and clusters that extend for several hundred square feet and all seem to be headed in one direction. I’m personally sorry if this has mislead anyone into thinking that there was a large pile of stones filled with gold and silver bars; as the president of the company it is my responsibility to make sure the information sent out is easily understood and able to be interpreted by the public. Some times when ballast was loaded the larger pieces of treasure were loaded under it, things like gold finger bars and larger silver bars, some companies found ballast piles that yielded silver bars that weighed as much as 87 pounds. We do not know for sure what this area will contain, but I’m concerned that the importance of this find has been over looked by myself, and I want to spend more time there. The fact is there is a large amount of ballast in this area. We also want to spend more time on the anchor site, the cannon ball area, and the Kirby site. Each of these areas has a lot more information in them than we have found so far.”
For more information on Deep Blue Marine Inc. (DPBM), www.alldeepblue.com
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “forecasts,” “potential,” or “continue,” or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact:
Deep Blue Marine Inc.
Wilf Blum, 801-201-4691
Source: Deep Blue Marine Inc.
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