Doug Davidge of the Yukon Transportation Museum in Whitehorse found the gold rush time capsule during a sonar survey. He has been looking for it on and off since the 1980s

The steamboat was built in San Francisco, taken apart in Skagway and hauled over the mountains to Lake Laberge.

"The discovery has been reported to the Canadian government and the Yukon government, and the winter ice has once again sealed the grave of A.J. Goddard.

A return expedition to continue the study of the wreck is planned for 2010, when the team will document the wreck further and probe its interior for further revelations about life on the gold rush frontier," the institute said.

More info in the upcoming issue of X-Ray Mag.