Kolchak’s gold in a Russian bank Kazan in 1918 before being moved onto the Lake Baikal train
A RUSSIAN mini-submarine may have found billions of pounds worth of lost gold in a Siberian lake, it was revealed yesterday.
Explorers have long searched for lost Tsarist treasures dating from the Bolshevik Revolution, when forces loyal to the deposed royal family fled the advancing Red Army.
Legend has it that 1,600 tons of gold – which could now be worth billions of pounds – was lost when anti-Communist commander Admiral Alexander Kolchak’s train plunged into Lake Baikal, the world’s oldest and deepest freshwater lake.
Last year, parts of a train and ammunition boxes were found.
And in recent days, the Mir-2 submersible has discovered “shiny metal objects” 1,200 feet below the surface at Cape Tolstoy. “Deep-sea vehicles found rectangular blocks with a metallic gleam, like gold,” said one source.
Explorers attempted to grab hold of the blocks with a manipulator arm but failed because of loose gravel on the bottom of the lake. Sources say that the submariners know the exact spot and are planning a new mission to determine if they have found the gold.
The Moscow News independent newspaper yesterday ran a story on the find, with the headline: “Lost gold of the Whites found in Baikal”. The story described the lost gold as “one of the great mysteries” of the Russian Revolution.