![]() The drilling produced some encouraging results.įirst Hints of Treasure 7th century Spanish coins found at one time or another at the Money Pit.Īt 98 feet the drill went through a spruce platform. Deciding to try to figure out what was buried before attempting to extract it, Truro switched to drilling core samples. They quickly dug down to 86 feet only to be flooded. In 1849 the next company to attempt to extract the treasure, The Truro Company, was founded and the search began again. This discovery however is only a small part of the intricate plan by the unknown designers to keep people away from the cache. As quickly as the water could be pumped out it was refilled by the sea. The Onslow Company had inadvertently unplugged a 500 foot waterway that had been dug from the pit to nearby Smith’s Cove by the pit’s designers. The Booby Trap Another aerial photo showing the location of the dig.Īs it turns out, an ingenious booby trap had been sprung. Again the water flooded in and the search was abandoned for 45 years. From there a tunnel was run over to The Money Pit. Pumping didn’t work, so the next year a new pit was dug parallel to the original down to 100 feet. By the next day the pit was filled with water up to the 33 foot level. Note: For more information about the stone inscription and to try your hand at translating the stone’s inscription go here.Īfter pulling up the layer of oak at 90 feet and continuing on, water began to seep into the pit. Besides the boards, at 40 feet a layer of charcoal was found, at 50 feet a layer of putty, and at 60 feet a layer of coconut fiber.Īt 90 feet one of the most puzzling clues was found – a stone inscribed with mysterious writing. They continued down to 90 feet, finding a layer of oak logs at every 10 foot interval. They quickly got back to 30 foot point that had been reached 8 years ago. Along with The Onslow Company, formed for the purpose of the search, they began digging again. It took the three discoverers 8 years, but they did return. A topographical surbey photo of Oak Island. ![]() ![]() Not being able to continue alone from here, they went home, but with plans of returning to search more. Again at 20 feet and 30 feet they found the same thing, a layer of logs. At 10 feet down they ran into a layer of oak logs spanning the pit. Two feet below the surface they came across of layer of flagstones covering the pit. Over the next several days McGinnis, along with friends John Smith and Anthony Vaughan, worked the hole. Having heard tales of pirates in the area he decided to return home to get friends and return later to investigate the hole. Standing over this depression was a tree whose branches had been cut in a way which looked like it had been used as a pulley. One summer day in 1795 Daniel McGinnis, then a teenager, was wandering about Oak Island, Nova Scotia (see Geography) when he came across a curious circular depression in the ground. ![]()
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