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Twenty feet underwater – but still visible from the surface in Tobermory – are the remains of the Sweepstakes, a 119-foot Canadian schooner that was used to transport coal. Built in 1867, after 18 years of service she was damaged near Cove Island and towed by tugboat to Big Tub Harbor in Fathom Five National Marine Park. The damage occurred in August 1885 but was not repaired quickly enough, so the ship sank in the harbor in September of the same year.

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