30 kilometres southwest of Halifax the british warship Fantome sank. Because Nova Scotia is the only province in Canada to allow treasure huntining the wreck is stirring up treasure hunters and critics to the law.

 Rightly so! This law is completely archaic and needs to be scrapped. It's a bad law and stops the protection of Nova Scotia's maritime cultural history. The Nova Scotia province apprenently has given an American  treasure hunting company a licence to salvage what it finds. 

 The Fantome is reportedly carrying silver, precious china and other items stolen from the White House by British soldiers  and sailors before they set the presidential mansion on fire.

 Darryl Kelman, president of the Nova Scotia Archaeology Society said "From the society's point of view, we'd prefer to see all archaeological sites treated the same, whether they're on land or under the water."

Currently the special places protection act only covers sites on land. Salvage firms don't take the time to properly document the site and information and evidence will be move, destroyed or simply go missing.  

This just released an hour ago:

TYRE, Lebanon (AFP) - Japanese archaeologists discovered a cave containing frescoed Roman tombs in southern Lebanon's ancient coastal city of Tyre on Monday, an official overseeing the excavation said. 

The three-metre by 12-metre (10-foot by 39-foot) cave contains six tombs from a Roman family, archaeologist Nader Siqlawi of the Directorate General of Antiquities told AFP.

"The walls at the entrance are decorated with frescoes of plants, animals and colourful birds, and parts of the floor are covered in mosaic," Siqlawi said.

Seven Japanese archaeologists from the Nara University Department of Preservation of Cultural Properties discovered the tombs in the rocky town of Burj al-Shemali on Tyre's eastern outskirts on Monday morning.

At the Beirut government's request, the Japanese university deployed teams of archaeologists and students to Tyre in 2008 to work in coordination with the Lebanese Directorate General of Antiquities.

Like many coastal cities across Lebanon, Tyre, 85 kilometres (53 miles) south of Beirut, contains relics dating back to the Phoenician and Roman eras.

Ok so I admit Nova Scotia isn't the current hotbed of Archeology.  Depends if your into arrow heads or not. If you are curious and want to take a look around to see what's happening check out:

http://museum.gov.ns.ca/arch/

The page doesn't seem to be updated much.  It's a shame because we have a fair share of shipwrecks along our coast.