Joe Rogan makes a great observation of the treasure on his podcast show. It’s believed that each time the shaft would flood or collapse, the treasure would be pushed further below the surface. Unfortunately, the water table on the island has prevented many a team from completing their mission, as shafts would regularly flood. You’ll notice that excavations have continued for Centuries and have covered over 100 feet in depth. Oak Island Treasure Search Timeline, Credit: PokCas (Click to Expand) Below is a timeline indicating just how many companies and private hunters have officially searched for the alleged loot. During this time the Oak Island Treasure has yet to be found. The Chase to Find Oak Island TreasureĪs mentioned before, the excavation site at Oak Island has changed hands many times. Even with such a great loss, the hunt for the bounty still continues to this day. Thereafter, his son and two others lost their lives trying to recover his body. During the dig, Restall entered a tunnel unaware that it was filled with gas, and lost consciousness. Shortly after 1959, Robert Restall, his son (Robert Jnr), and a team of workers took hold of the Money Pit. The next four men to lose their lives are all connected to the same incident. The second was claimed in 1897 when a digger working for an unnamed group fell to his death in one of the holes. A mechanical pump that was used to drain seawater from the shaft exploded, killing an unnamed laborer. The very first life was claimed in 1861, during the time that the Oak Island Association had a claim to the excavation site. Instead of warding off any potential seekers, this fact has only fueled exploration. With six having already been claimed by the hunt, many believe the find is close. The age-old curse says that seven men must die before the island reveals its legendary yield. What’s more, is that the island is shrouded in an ancient curse which some of the more superstitious hunters anticipate will lead to one more death below the surface of Oak Island before the treasure is found. The site of the original Money Pit, 36 feet above sea level – Source: Nova Scotia Archives THE CURSE OF OAK ISLAND’S TREASURE However, overcoming boobytraps, flooding tunnels, and other intrepid dangers, is proving to be a massive obstacle. The Oak Island Treasure found so far has left hunters with the hope that a massive bounty still awaits them. As such, the excavation site’s nickname, Money Pit, is appropriate for more than one reason. The Island has changed hands multiple times over the centuries, as treasure hunters have exhausted much time and finance to chase after what is hidden in the heart of the Island. Little did McGinnis realize that what he had stumbled upon would turn out to be one of the world’s most enduring, expensive, and laborious treasure hunts of all time. It didn’t take much convincing for treasure hunters to tie the alleged pirate treasures to the site. McGinnis’ find revealed a man-made shaft that had been engineered of tree logs and landfill. From Spanish military booty to Shakespeare’s lost manuscripts, and Knights Templar treasures – conspiracies are rampant about what mysterious treasures actually lay hidden beneath the earth’s surface. Since then, the Island has become the home to multiple legends and stories. It had been rumored that the notorious pirate, Captain Kidd, had left his accumulated loot worth £2 million (at the time) somewhere in the region. In 1795, a man by the name of Daniel McGinnis came across traces of hidden treasures on Oak Island, in Nova Scotia, Canada. Oak Island Treasure Found – What is the Backstory? While these coveted treasures remain yet unfound, some peripheral riches have been discovered, along with possible traps, evident clues, and other significant pieces of interest.Įveryone loves an authentic pirate tail, and the mystery surrounding Oak Island has certainly caught the attention of avid treasure hunters for centuries now. These are just some of the priceless artifacts rumored to lie at the bottom of what is now termed “The Money Pit” on Oak Island. Pirate’s treasure, Shakespearian manuscripts, the Holy Grail, and the Ark of the Covenant.
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