The Oak Island Mystery Has Been Solved 1 Hour Ago!!

Having just finished extending the Garden Shaft down to a total depth of 106 ft, over the course of the next few days, representatives from Dumis Contracting Limited will conduct a probe drilling operation to look for sections of the tunnel that may still be intact — and hopefully pinpoint the location of the possible treasure.

This is the story of Oak Island, a small piece of land in Nova Scotia that has captured the imagination of treasure hunters since the 1700s. People have long believed that Oak Island holds incredible treasures — everything from pirate loot and Shakespeare’s lost works to the Holy Grail and the Ark of the Covenant, possibly hidden by the Knights Templar.

But now, after centuries of speculation and countless expeditions, the mystery of Oak Island may finally be solved.

Early Excavation

Very little confirmed information is available about early treasure hunting on Oak Island, so most stories are based on word of mouth from the late 18th century. It was only many years later that publishers began investigating these stories.

The first printed story about treasure found by a settler named Daniel McGinnis appeared in 1857. Five years later, one of the original diggers gave a statement about the original story and the activities of the Onslow and Truro companies.

The earliest story by settlers, first recorded in 1863, involves a dying sailor from Captain Kidd’s crew. He claimed that a treasure worth £2 million was buried on the island.

Discovery in 1795

The most popular discovery story says that around 1799, Daniel McGinnis found a depression in the ground while searching for a farm location. Believing this depression matched the Captain Kidd story, he got help from John Smith and Anthony Vaughan. They dug and found flat stones 2 ft down. Later accounts mention oak platforms every 10 ft, but the earliest stories only talk about marks at these intervals.

The stories also mention tool marks on the pit walls, and that the soil was loose — unlike the surrounding ground. The three men reportedly stopped digging at 30 ft due to superstitious dread.

Another version of the story says all four people involved were teenagers and McGinnis first found the depression in 1795 during a fishing trip. This version ends with them giving up after digging as much as they could.

Onslow Company (1802)

Around 1802, a group called the Onslow Company reportedly sailed from central Nova Scotia to Oak Island to find hidden treasure. They dug down to about 90 ft, finding layers of logs or marks every 10 feet, as well as layers of charcoal, putty, and coconut fiber — and a large stone inscribed with symbols.

The pit then flooded with 60 ft of water for unknown reasons, and the excavation was abandoned after workers tried to recover the treasure by digging a tunnel from a second shaft that also flooded.

Truro Company (1849)

The last major company of this early period was the Truro Company, formed in 1849 by investors. They redid the pit to 86 ft, but it flooded again. They then drilled five boreholes into the original shaft. The drills went through a spruce platform at 98 ft, then hit layers of oak, some metal in pieces, another spruce layer, and clay for 7 ft.

Each time they hit the platform, they brought up metal, wood, and coconut fiber.

Another shaft was dug 109 ft deep northwest of the original shaft, with a tunnel branching off to intersect the treasure. However, seawater flooded this new shaft, and workers thought the water was connected to the sea because the flooded pit rose and fell with the tides.

The Truro Company then focused on excavating a nearby cove where they found a flood tunnel system. When they failed to stop the flooding, they dug one final shaft 118 ft deep with a tunnel under the original shaft. During this excavation, the bottom of the original shaft collapsed. It was later speculated that the treasure had fallen through the new shaft into a deep void, causing the new shaft to flood. The Truro Company ran out of funds and dissolved around 1851.

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