Colombia is making progress in salvaging the San Jose, a centuries-old Spanish ship believed to be carrying $1 billion worth of gold, silver and gems, the country's president said Wednesday. The ship, which sank in 1708, was found in 2015 by the Colombian navy and the country’s archaeology institute near the port of Cartegena. A British warship attacked the San Jose, causing it to sink. The San Jose was part of the fleet of King Philip V, who fought the English during the War of Spanish Succession and around 600 people died in the ship wreck, Reuters reported. Santos said the Colombian government will accept further offers to recover the ship and a museum will be built to showcase the artifacts.

Source: Fox News July 06, 2017 14:00 UTC