Brazilian shipwreck may be Spanish colonial supply ship

In 2005, a team of divers with the Barra Sul Project discovered the remains of a ship off the coast of Santa Catarina in Brazil. Now they believe that vessel may have been a lost supply ship sent by Spain to build two forts on the Strait of Magellan.

The divers have so far retrieved a stone with "a high-relief shield of two lions and two castles with a Portuguese symbol in the center," as well as a triangular plaque dated 1582. New dives in 2012 hope to recover a cannon.