Dmitrii Donskoi, which went down during 1904-1905 Russo-Japanese war, has 200 tons of gold, says company claiming to have found it

A South Korean company’s claim to have found a sunken Russian warship has triggered a frenzy amid speculation the ship was carrying an enormous amount of gold when it sank 113 years ago.

The Seoul-based Shinil Group said its divers discovered a wreck it identified as the 6,200-ton Dmitrii Donskoi, which went down during the 1904-1905 Russo-Japanese war off an eastern Korean island. The company speculated about 200 tons of gold bars and coins that are worth 150 trillion won ($132bn) would probably still be aboard the ship.

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