Thursday, August 22, 2013

The Oak Island Money Pit

Oak Island is approximately 140 acres in size and located just off the southeast coast of Nova Scotia. It is one of many small islands in the area and is now linked to the mainland via a narrow causeway.
In 1795 Daniel McGinnis and a friend noticed a circular depression as if a pit had been dug and then filled in again. Believing something of value may have been buried there they dug to a depth of 9.1 metres. Initially they discovered a layer of flagstones followed by traces of pickaxes on the rocks.

Some stories say they found platforms of logs approximately every 3 metres. They failed to find anything of value but the story spread and was quickly linked to the missing treasure of Captain Kidd and even the notorious Blackbeard - Edward Thatch (Teach).
Over the following centuries the pit has been excavated many times and prospectors have even included an American president, Franklin D. Roosevelt. It has not been an easy task and the pit is claimed to be 'booby trapped" and has regularly flooded. The best clue found so far was a code inscription on a flat stone which, when translated, apparently stated: "Forty feet below, two million pounds lie buried."


The deepest excavations reached 72 metres and over the years at least six people have died trying to find whatever is buried on Oak Island.