Treasure Hunters Comb Lake Baikal
for Kolchak's Gold

Expedition members think they may have found the gold that admiral Kolchak seized during the Civil War almost a century ago

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The Russian Empire's lost gold may be buried at the bottom of Lake Baikal.

That is the guess of an underwater research expedition, after it caught sight of something shiny.

Expedition members think they may have found the gold that admiral Kolchak seized during the Civil War almost a century ago.

This was part of the country's gold reserve and amounted to more than 180 tonnes of gold.

All trace of the hoard was lost after a train crash in the region of Lake Baikal.

Last year, researchers found the remains of a train carriage. Currently, the deep-water sub "Mir" is exploring the site.

It is still unclear if the find is the real thing or not. Some believe the gold reserve is being kept in Japanese and British banks.

Scientists say there is no evidence that any treasures are hidden in the lake.

"This would be totally unscientific to comb the whole lake without any proof or documents hinting that the treasure was buried there,” Anatoly Sagalevich, head of the Baikal expedition, was quoted as saying by Izvestia newspaper. “In fact, we have found much more than Kolchak’s gold – the giant solid gas hydrate deposits. In the future, these could be used as alternative fuel – without any harm to the lake.”

Source:Russia Today
30 August, 2010