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Saturday, November 8, 2025

11/8/25 Report - Old Lescarbot Map from 1609. Odyssey Marine Explorations and Deep Sea Mining. New Gold Rush.

 

Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.



A few times in the past month, I mentioned the Acadians and Mi'kmaq peoples in relation to Oak Island.  The above is a 1609 map for the Annapolis Basin. It shows evidence of plenty of activity in the general area of Oak Island centuries ago. 

 Below is an interesting picture of some of the things going on there.





And here is a link where you will find a lot of information about mining on Nova Scotia, which begins as early as the 1600s.


You'll see that there was a lot of mining of different sorts. There was coal mining, but also gold mining, with finds being made over much of the area.

Have you seen any of that kind of stuff show in the picture above on Oak Island?  Remember the railroad spike and old cut timbers, etc. etc.

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In recent years the high gold prices have started a new gold rush.  Here is a link to a nice video about that.

Record prices spark modern-day gold rush | Watch

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Odyssey has made headlines by finding the most famous shipwrecks in history. From a Civil War-era treasure ship to a World War II-era silver-laden steamship to Punic vessels dating before Christ and hundreds of other exciting ships with intriguing stories in between. We successfully found more shipwrecks than any other organization in the world. Still, we realized other treasures on the seafloor were more valuable to society and the world economy.

In 2009, Odyssey embarked on a transformative journey by exploring the potential of critical mineral resources in the ocean. These subsea mineral projects have the potential not only to revolutionize our company but also to offer a clean, sustainable, and economical solution for harvesting essential resources, ultimately making a global impact.​...

You might remember Odyssey Marine Explorations' Black Swan project and salvage work on the SS Republic.  Now they are focusing their advanced deep-water salvage and mining technologies to recover valuable minerals on the seafloor.


The proposed area, located within the U.S. Outer Continental Shelf (OCS) off the Mid-Atlantic coast, is prospective for heavy mineral sands (titanium, zirconium, and rare earth elements) and phosphate, with beneficial sand co-products that can support beach renourishment and coastal-resilience projects. These materials are essential to modern life — from defense systems and domestic manufacturing to fertilizers and coastal infrastructure.

If BOEM grants the requested lease sale at the conclusion of its process and Odyssey attains the development rights, Odyssey’s project will begin with the collection of comprehensive environmental and geological data to guide responsible resource assessment and project design. If the project advances to recovery, operations will utilize shallow-water dredging, a well-established and extensively studied method already used regularly worldwide for navigation, and coastal resilience, implemented in ways that mitigate potential impacts. Odyssey carefully selected the proposed lease area to avoid sensitive habitats, marine protected areas, active maritime zones, as well as to respect conservation areas...

Here is the link for more about that.

Mid Atlantic Project | Odyssey Marine

This is not a recommendation, but their common stock (OMEX) did very well yesterday.

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Surf Chart from SurfGuru.com.

We are still having some pretty nice high tides.

I still have to add to my series on how coins move.

Good hunting,

Treasureguide@comcast.net