The wreck of the last ship belonging to Sir Ernest Shackleton, a famous Irish-born British explorer of Antarctica, has been found off the coast of Labrador in Canada, 62 years after it went missing. The wreck was found by an international team led by the Royal Canadian Geographical Society.

The Quest was found using sonar scans on Sunday evening, sitting on its keel under 390 meters (1,280 feet) of churning, frigid water, the society said. Its towering mast is lying broken beside it, likely cracked off as the vessel was sucked into the depths after it struck ice on May 5, 1962.

“I heard that some Americans were interested in finding Quest, and I just had this picture in my mind of a few billionaires on yachts, up in the Labrador Sea,” John Geiger, leader of the Shackleton Quest Expedition and the chief executive of the Royal Canadian Geographical Society, told an audience at the Memorial University’s Marine Institute in St. John’s, Newfoundland, on Wednesday.

“We’ve done it the right way. It’s not about anyone’s ego, it’s about telling great stories and celebrating some of the finest human attributes,” Geiger said.