Rescue operation to search for the 46 missing sailors is still underway Saturday, Yonhap News Agency reported.
"Many of the missing people might have been trapped inside the sunken ship," JCS (the Joint Chief of Staff) spokesman Lee Ki-Sik told a parliament committee.
So far, 58 out of the 104 crew members aboard the 1,200-ton ship that sank off the west coast of the Korean Peninsula have been rescued, with two of them hospitalized for minor cerebral hemorrhage, the agency said.
The ship "Cheonan" went down off the South Korean island of Baekryeongdo off the west coast around 21:45 p.m. Friday local time (12:45 GMT Friday), with an explosion in the back of the ship, and another South Korean naval vessel fired at an unspecified target toward the north in response.
The vessel could be carrying French-made Exocet and U.S.-made Harpoon anti-ship missiles as well as torpedoes and other weaponry.
Navy and the National Maritime Police Agency have sent nine ships and a helicopter to the waters near the Baehryeongdo, and planned to mobilize Navy's all rescue force to search for the missing.
The militaries will send divers to help find out whether the ship-based artillery shells or external attack caused the explosion, but authorities said they cannot reach any conclusion until the sunken ship is recovered and examined.
A U.S. State Department spokesman said his country is closely following the development of the incident.
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