The resting place of Australia's first submarine may have been found off the coast of Papua New Guinea. HMAS AE1 was lost at sea in September 1914 along with its 34 crew members and last made contact off the coast of the Duke of York Island - an eastern island of the nation. Retired Rear Admiral Peter Briggs told news.com.au a wreckage resembling that of the missing submarine had been found close to where it had been seen before it disappeared near Rabaul. Scroll down for video The resting place of Australia's first submarine may have been found off the coast of Papua New Guinea
@highlight
HMAS AE1 was lost off the coast of Papua New Guinea in September 1914
@highlight
A cylindrical object, Y1, was located by the Australian Navy's HMAS Yarra
@highlight
Found was made in September off the coast of Rabaul in the nation's east
@highlight
It is thought the AE1 sank after hitting unchartered reef and took on water
The dimensions of the @placeholder were 55.17 metres long, 6.86 metres in width and 6.86 metres high from its keel to the top of the coning tower.