In 1511–1512, Portuguese captains João de Lisboa and Estevão de Fróis reached the River Plate estuary in present-day Uruguay and Argentina, and went as far south as the present-day Gulf of San Matias at 42°S (recorded in the "Newen Zeytung auss Pressilandt" meaning "New Tidings from the Land of Brazil"). The expedition reached a cape extending north to south which they called Cape of "Santa Maria" (Punta del Este, keeping the name the Cape nearby); and after 40°S they found a "Cape" or "a point or place extending into the sea", and a "Gulf" (in June and July). After they had navigated for nearly to round the cape, they again sighted the continent on the other side, and steered towards the northwest, but a storm prevented them from making any headway. Driven away by the "Tramontane" or north wind, they retraced their course. Also gives the first news of the "White King" and the "people of the mountains" to the interior (the Inca Empire), and a gift, an ax of silver, obtained from the Charrúa natives on their return ("to the coast or side of "Brazil""), and "to West" (along the coast and the River Plate estuary), and offered to King Manuel I. Christopher de Haro, a Flemish of Sephardic origin (one of the financiers of the expedition along with D. Nuno Manuel), who would serve the Spanish Crown after 1516, believed that the navigators had discovered a southern "strait" to west and Asia.