The Colombian government has disallowed any more draining attempts.
|Laguna de Guatavita is located in the municipality of Sesquilé, in the Cundinamarca Department of Colombia, 35 miles north-east of Bogotá.|
Laguna de Guatavita was one of the sacred lakes of the Muisca, and a ritual conducted there is thought to be the basis for the legend of El Dorado. The lake is where the Muisca celebrated a ritual in which the Zipa (named "El Dorado" by the Conquistadores) was covered in gold dust, then venturing out into the water on a ceremonial raft made of rushes, he dived into the waters washing off the gold.
|Conquistadores Lázaro Fonte and Hernán Perez de Quesada attempted to drain the lake in 1545 using a "bucket chain" of labourers. After 3 months, the water level had been reduced by 3 metres, and only a small amount of gold was recovered.|
In 1580 Antonio de Sepúlveda had a notch cut deep into the rim of the lake, which managed to reduce the water level by 20 metres, before collapsing and killing many of the labourers. Various golden ornaments, jewellery and armour were found. Sepúlveda died a poor man, and is buried at the church in the small town of Guatavita.