These retirees found one of the oldest shipwrecks in the Great Lakes

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Retirees Find One of the Oldest Shipwrecks in Great Lakes

Three men have spent their retirement on an unusual project — hunting for shipwrecks.

And this summer, they definitely hit the jackpot with this find in Lake Ontario.

According to their website, Jim Kennard and his team located a 53-foot ship named the Washington in late June. It sank during a storm all the way back in 1803, which makes it the second-oldest confirmed shipwreck in the Great Lakes.

Of course, they were pretty excited about the discovery.

"You never know what you're going to find when you find a shipwreck like this because some of them really get damaged, very much so in a storm. But it's pretty much all there. The mast is still standing," Kennard told CTV.

SEE MORE: Watch Divers Explore A 1,600-Year-Old Roman Shipwreck

Researchers say this wreck could help them get a clearer picture of the kind of ships that sailed on the Great Lakes in that period.

An expert told The Wall Street Journal, "It just gives us a better understanding of what life on the Great Lakes was like at such an early time."

As many as 8,000 ships are believed to be at the bottom of the Great Lakes, including more than 600 just in Lake Ontario.

The team credited with this latest find says they go shipwreck-hunting about 15 times a year and have found hundreds of wrecks in various lakes and rivers.

But don't hold your breath if you want to know where the Washington's watery grave is. Kennard says they plan to keep its location a secret to protect it from divers who might want to salvage it.

Related: See more from the Titanic shipwreck:

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Titanic shipwreck found/artifacts
"Rust sickles", icycle-like structures of rust show the effect the years, underwater, have had as they obscure two portholes of the R.M.S. Titanic. This picture was taken by a manned submersible vehicle named Alvin, July 19, 1986. (AP Photo)
Dr. Robert Ballard, best known for his discovery of the Titanic, is speaks at the Mystic Aquarium & Institute for Exploration, Friday, Dec. 3, 2004, in Mystic, Conn. Items from Ballard's third expedition to the Titanic, are included in the exhibit, "Titanic, the Return to Titanic," which follows the Titanic from its launch in 1912 through its current condition. (AP Photo/Michelle McLoughlin)
This photo released in Washington on Wednesday July 30, 1986 shows a cargo crane extending beyond the starboard-side hull of the Titanic's stern section. The section was missing when the wreckage was discovered last September by a joint French-American expedition. The section was located during one of the many passes over the ship made by the remotely operated camera sled Angus. (AP Photo/Woods Hole Oceangraphic Inst.)
Professor Robert Ballard, professor of oceanography at the University of Rhode Island, points to his footage of the wreck of the Titanic that is part of the exhibition on display in the Belfast Building, Northern Ireland, Saturday, April 14, 2012. Ballard and his team discovered the wreck of the Titanic in 1985. (AP Photo/Peter Morrison)
The violin played by bandmaster Wallace Hartley during Titanic's tragic maiden voyage, during a preview to the media in Lurgan, Northern Ireland, Monday, Sept. 16, 2013. The violin will go on display to the public at Titanic Belfast on Wednesday. The instrument, which was discovered in an attic in North Yorkshire, England in 2006, and was earlier this year verified as that which second-class passenger Wallace Hartley played on Titanic's fateful night of April 14th, 1912. (AP Photo/Peter Morrison)
CHICAGO, UNITED STATES: Visitors look at a 13 ton section of the hull of the Titanic on display at the Titanic exhibit 18 February 2000 at the Museum of Science and Industry in Chicago. The exhibit features more than 200 artifacts recovered from the ocean floor. AFP PHOTO/TANNEN MAURY (Photo credit should read TANNEN MAURY/AFP/Getty Images)
Visitors touch a section of the hull from the Titanic on display at the Titanic exhibit 18 February 2000 at the Museum of Science and Industry in Chicago. The exhibit features more than 200 artifacts recovered from the ocean floor, including a 13 ton section of the hull. AFP PHOTO/TANNEN MAURY (Photo credit should read TANNEN MAURY/AFP/Getty Images)
Original china recovered from the wreck of the Titanic is on display in a water-filled tank at the Titanic exhibit 18 February 2000 at the Museum of Science and Industry in Chicago. The exhibit features more than 200 artifacts recovered from the ocean floor, including a 13 ton section of the hull. AFP PHOTO/TANNEN MAURY (Photo credit should read TANNEN MAURY/AFP/Getty Images)
LOS ANGELES, CA - OCTOBER 22: A Small porthole is seen at 'The Titanic Artifact Exhibit' at the California Science Center on October 22, 2002 in Los Angeles, California. The show begins February 9th 2002. (Photo by Michel Boutefeu/Getty Images)
Artifacts on display that were recovered from the Titanic (Photo by Gregg DeGuire/WireImage)
LOS ANGELES - FEBRUARY 6: A binocular from the Titanic is on display at 'TITANIC The Artifact Exhibit' at the California Science Center on February 6, 2003 in Los Angeles, California. The exhibition opens February 9, 2003. (Photo by Michel Boutefeu/Getty Images)
LOS ANGELES - FEBRUARY 6: Artifacts from the Titanic are on display at 'TITANIC The Artifact Exhibit' at the California Science Center on February 6, 2003 in Los Angeles, California. The exhibition opens February 9, 2003. (Photo by Michel Boutefeu/Getty Images)
LOS ANGELES - FEBRUARY 6: A gold wristwatch from the Titanic is on display at 'TITANIC The Artifact Exhibit' at the California Science Center on February 6, 2003 in Los Angeles, California. The exhibition opens February 9, 2003. (Photo by Michel Boutefeu/Getty Images)
LOS ANGELES - FEBRUARY 6: An artifact from the Titanic is on display at 'TITANIC The Artifact Exhibit' at the California Science Center on February 6, 2003 in Los Angeles, California. The exhibition opens February 9, 2003. (Photo by Michel Boutefeu/Getty Images)
LOS ANGELES - FEBRUARY 6: A pair of rubber shoes from the Titanic is on display at 'TITANIC The Artifact Exhibit' at the California Science Center on February 6, 2003 in Los Angeles, California. The exhibition opens February 9, 2003. (Photo by Michel Boutefeu/Getty Images)
LOS ANGELES - FEBRUARY 6: An artifact from the Titanic is on display at 'TITANIC The Artifact Exhibit' at the California Science Center on February 6, 2003 in Los Angeles, California. The exhibition opens February 9, 2003. (Photo by Michel Boutefeu/Getty Images)
LOS ANGELES - FEBRUARY 6: A pipe with sculpted bowl from the Titanic are on display at 'TITANIC The Artifact Exhibit' at the California Science Center on February 6, 2003 in Los Angeles, California. The exhibition opens February 9, 2003. (Photo by Michel Boutefeu/Getty Images)
NEW YORK - MAY 26: Name boards from a lifeboat on the R.M.S. Titanic are displayed May 26, 2006 at Christie?s in New York City. Part of the Ocean liners Furnishings and Art sale at the auction house, the two name boards, which survived the 1912 sinking of the ship, each have an estimated auction price above $40,000. The sale includes a total of ten lots of Titanic memorabilia and is scheduled for auction June 1. (Photo by Spencer Platt/Getty Images)
SAN FRANCISCO - JUNE 6: A pair of glasses is displayed in the Titanic: Aritifact Exhibition at the Metreon on June 6, 2006 in San Francisco, California. The exhibition opens on June 10, 2006 and will feature more than 300 authentic artifacts that have been recovered from Titanic's debris field. (Photo by David Paul Morris/Getty Images)
SAN FRANCISCO - JUNE 6: An artifact from the Titanic are displayed in the Titanic: Artifact Exhibition at the Metreon on June 6, 2006 in San Francisco, California. The exhibition opens on June 10, 2006 and will feature more than 300 authentic artifacts that have been recovered from Titanic's debris field. (Photo by David Paul Morris/Getty Images)
Assorted artifacts from 'Titanic: The Artifact Exhibition' (Photo by Frank Mullen/WireImage)
Assorted artifacts from 'Titanic: The Artifact Exhibition' (Photo by Frank Mullen/WireImage)
NEW YORK, NY - JANUARY 05: Recovered Titanic artifact on display at the Titanic Auction preview at the Intrepid Sea-Air-Space Museum on January 5, 2012 in New York City. (Photo by Charles Eshelman/FilmMagic)
NEW YORK, NY - JANUARY 05: Artifacts recovered from the wreck site of the RMS Titanic on display at the Titanic Auction preview at the Intrepid Sea-Air-Space Museum on January 5, 2012 in New York City. (Photo by John Lamparski/WireImage)
NEW YORK, NY - JANUARY 05: Recovered Titanic artifact on display at the Titanic Auction preview at the Intrepid Sea-Air-Space Museum on January 5, 2012 in New York City. (Photo by Charles Eshelman/FilmMagic)
A cup from the RMS Titanic is on display during a news conference by Guernsey's Auction House January 5, 2012 aboard the Intrepid Sea, Air & Space Museum in New York. Guernsey's announced the historic auction of the complete collection of artifacts recovered from the wreck site of RMS Titanic. AFP PHOTO/DON EMMERT (Photo credit should read DON EMMERT/AFP/Getty Images)
A pair of shoes recovered from the Titanic are seen at an exhibition at Marina Bay Sands ArtScience Museum in Singapore on April 2, 2012. The exhibition features about 275 artifacts recovered where 14 of which have never been seen before with realistic re-creation and personal stories of the maiden voyage which sank in 1912. RMS Titanic which tragically sank on April 15, 1912 will mark its 100th aniversary this year. AFP PHOTO/ROSLAN RAHMAN (Photo credit should read ROSLAN RAHMAN/AFP/Getty Images)
A five dollar bank note, series 1907, from the RMS Titanic Inc. is on display at Guernsey's Auctioneers & Brokers, Wednesday, April 4, 2012 in New York. The auction of more than 5,000 Titanic artifacts a century after the luxury liner's sinking has stirred hundreds of interested calls, with some offering to add to the dazzling trove already plucked from the ocean floor.(AP Photo/Mary Altaffer)
Full deck of cards is part of the artifacts collection of the Titanic is in a secret hiding place in Atlanta, Friday, Aug 15, 2008 being prepared for shipping to the Georgia Aquarium for the public to see later. This company is still in business today. (AP Photo/Stanley Leary)
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