Red Bay is a fishing village in Labrador, notable as a significant underwater archaeological site in the Americas.

Several whaling ships, both large galleons and small chalupas, sank there, and their discovery led to the designation of Red Bay in 2013 as a UNESCO World Heritage Site.

Good evidence of Basque whaling expeditions was found; in Red Bay, this included many whale bones on the beaches, large numbers of clay roofing tiles (the remains of buildings put up by the whalers) and burnt animal fat associated with stone foundations.

[3]: 2-8, 102-103 Underwater archaeological work started in 1978 and on the third day of diving, the wreck site numbered 24M was located north of Cox Hill on Saddle Island.

The site slopes; the stern was in 7 metres (23 ft) of water and the bow in about 12 m. It is likely that the ship dragged her anchor in a north-westerly storm at the end of the whaling season when she was loaded with barrels of whale oil and nearly ready to make the transatlantic passage back to her home port.

[3]: 2–8, 102–103 The entire hull structure, artefacts and other finds were mapped in situ, excavated and then archaeologically recorded in detail on land.

Therefore, they were returned to the water, being stored in a carefully designed environment which replicates the anaerobic conditions in which the wreck had remained preserved prior to excavation.

The reburial site is regularly monitored to confirm the effectiveness of the continued preservation of the wreck timbers.