sub-Antarctic islands

Fourth voyage in hunt for gold

By Paul Easton

A maritime entrepreneur - and 50 friends - is steaming for the Auckland Islands for a fourth attempt to find gold from a ship that sank 142 years ago.

The General Grant foundered on the remote sub-Antarctic islands on May 14 1866, along with its cargo of gold.

The group left Bluff on Friday, led by Bill Day, of Wellington, who has tried to find the wreck of the General Grant three times.

Over 20 other salvage attempts have been made since 1866.

Mr Day said the trip was as much about showing friends and family the beauty of the islands and sub-Antarctic region as finding gold. "It's such a majestic place.

Having said that, there are definitely a couple of sites I want to check out."

The General Grant had 2576 ounces (73kg) of gold on its manifest, worth around $2.4 million today.