National Museum Of The Philippines News

ORRV Discovers Two Shipwrecks In The Philippines

PEORIA, IL -- (PR Newswire) -- April 29, 2011 -- Oceanic Research and Recovery Inc. (PINKSHEETS: ORRV), a marine salvage and exploration company, today announced that team members have discovered two shipwrecks in the Philippines. Preliminary investigations indicate that at least one of the ships located is believed to be a Manila Galleon that was outbound from Manila to Acapulco, Mexico. The second wreck is believed to be an inbound Manila galleon which would be carrying silver and gold to be traded for oriental goods…