Wreck of the Lady Elizabeth in Whalebone Cove near Stanley in the Islas Malvinas (Falkland Islands). Lady Elizabeth was an iron barque of 1,155 tons launched on 4 June 1879. On 4 December 1912, Lady Elizabeth left Vancouver bound for Delagoa Bay Mozambique, with a shipment of lumber. The ship encountered severe weather halfway through the voyage and was damaged just off Cape Horn. Four crew members were lost overboard, along with the ship’s two boats and part of her deck cargo. The ship began to sink but was able to get to Port Stanley for repairs. After she was examined, Lady Elizabeth was condemned (declared unseaworthy) because of the damage. On 17 February 1936 her mooring lines broke during a storm and she drifted to where she now lies in Whale Bone Cove in Puerto Argentino.