[2] After taking on supplies in Havana, Cuba the heavily laden El Salvador headed for Cadiz with six other Spanish ships on August 7, 1750.

Around noon on August 25 the El Salvador and the six other vessels in the fleet were caught in a hurricane Northeast of present-day Cape Canaveral, Florida.

[4] Archival documents confirm that most of the treasure aboard the other Spanish ships was salvaged but that El Salvador’s cargo of gold and silver was never recovered.

The permit allowed the company to retain 75% of all treasure and cargo it recovers from the El Salvador site with the remaining 25% going to the State of North Carolina.

[10][11][12][13] On February 23, 2023 the judge in the case issued a ruling in favor of Intersal which granted them permission to proceed to a jury trial set for November 4, 2024.