Oak Island Discovery At Smith’s Cove Might Reveal The Treasure

The lost treasure of the Knights Templar and pirates buried gold deep underground, and the Vikings sailed there before Columbus, according to legend. However, new evidence suggests that the Romans may have also been on Oak Island.

The search for these artifacts was difficult and nearly cost a man his life. One of the biggest mysteries of all is Borehole 10X, a deep, dangerous water-filled shaft that has been the focus of treasure hunters for decades.

1980s Dan Blankenship is one of Oak Island’s most devoted because Borehole 10X is 235 ft deep and begins with a 181 ft vertical drop through a reinforced steel and concrete shaft. It was not an easy excavation, despite searchers’ belief that it could lead to whatever was very deep down. It narrows into a tunnel that is barely 27 inches wide, 44 tons long, and completely obscured by murky water with no light.

Two professional divers, Harvey Morash and Michael Garts, were brought in to investigate 10X by the Lagina brothers. They were aware of the risks but were unprepared for what transpired. Michael would act as a safety diver while Harvey descended, and the crew on the surface would stay in touch through an underwater communication system.

However, things started to fall apart a few minutes into the dive with no signal or voice. The team on the surface had no idea if Michael was safe. They tried to call his name but could not find him. They tried tapping on the pipe to send signals, but no sign of him. The surface team was in a panic.

In summary, Oak Island has been a mystery for centuries, with legends suggesting Vikings sailed there before Columbus, the lost treasure of the Knights Templar, and pirates buried gold deep underground. The mysterious Borehole 10X remains a mystery, and the Lagina brothers’ plan to explore it was not well prepared for the risks involved.

Marty and Rick were working on the southern portion of the swamp when they discovered a wooden structure that was concealed beneath a stone road. The craftsmanship reminded them of old cabins where every piece had a place. The connections between the swamp, the garden shaft, and the hidden road appeared to be linked.

However, the most important aspect they were still missing was that they did not fully understand the tunnels, wooden structures, and odd arrangement of the swamp. All of these elements pointed toward something more than just pieces of wood or random artifacts.

Upon embarking on a treasure search, Rick and his team realized the Money Pit was not merely a simple quest, but rather a war against time, nature, and an unknown power. The Money Pit had always been known for its hidden treasures and daring exploits, but now they discovered something darker and more mysterious within it.

As they dug deeper, they encountered objects and structures that didn’t fit with the area’s known history. The team often discussed the day’s finds with a mix of excitement and apprehension as they pondered the origins of the road and the purpose of the hidden structures.

As a result of the harsh weather conditions and the challenging terrain, the stakes became higher. A looming sense of interfering with something that should remain untouched added to the weight of their work.

In 2006, Rick and his brother Marty purchased 50% of Oak Island Tours, Inc., the company that owned the majority of the island. Rick’s childhood fantasy led him to become a treasure hunter, and his passion for history and the desire to learn more about the past never left him. He wanted to do things the right way — no shortcuts and no reckless movements. This wasn’t just about finding riches; it was about comprehending the past and piecing together a forgotten story.

Rick tackled the hunt with resolve and a sense of determination that had been building for decades. A new set of questions regarding the island’s history was brought to light when an old shoe bottom with metal studs made using conventional methods was found.

Marty and Rick Lagina, along with their colleague Craig Tester, concentrated their efforts on the southern portion of the swamp, where they discovered a concealed wooden structure hidden beneath a stone pathway. This structure resembled the construction of a log cabin with additional wooden supports and underbrush, which suggested construction may have been abruptly halted.

The team was eager to learn more about the historical significance of the site and the lives of those who had once called it home.

Gold digging is known to be a good way to make money. But as miners go deeper, they find things other than gold. Some of these things are as useless as metal bits, while others are as valuable as gold itself.

Let’s look into how Parker Schnabel finds mammoth tusks while he’s looking for cash. Parker Schnabel is used to getting his hands dirty. He began working at the family mine as a youngster. Beginning with the second season of Gold Rush, the young man took over the family mines and has since become one of the most famous gold miners.

Other mine bosses have a hard time, but Schnabel seems to have the Midas touch. His team pulls thousands of ounces of gold every season, worth hundreds of thousands of dollars. After 10 episodes on Gold Rush, Parker has saved up wealth estimated around $10 million.

However, he has found more than just gold. In an interview with The Maelstrom, Parker talked about one of the most important non-gold finds — a pair of well-preserved woolly mammoth teeth. These tusks, buried in permafrost, remained intact despite their age.

Some of them were found in perfect shape. In Alaska, mammoth tusks — made of ivory — are rare but incredibly valuable, with some worth over $1 million each.

Schnabel says he won’t sell the tusks. To do so would require many permits. Instead, he plans to keep them. He thinks they’re “really cool” and shouldn’t be sold.

A year later, Mr. Oats did the same and became a gold prospector. They went to Molly Ghoul in 1862 and lived there for seven years. In 1864, they struck gold — a massive gold nugget wrapped in quartz found in Bulldog Gully.

The nugget was so heavy that the pick handle broke. He used a crowbar to remove it. Weighed at the London Chartered Bank in Denali, the nugget was broken up immediately. Today, a replica exists in the Denali Museum.

Miners across Oak Island have uncovered gold-plated buttons, silver coins, and gemstones. The team remains committed to discovering the truth. In 2018, a stunning artifact was found on Lot 21 believed to be 500 years old.

The next day, archaeologists Lars Nean and Emma Culligan joined the team to examine a glass-like gem near Lot 5. The artifact had a significant amount of lead, unusual in modern glass. Known as “paste,” it is made of ground-up flint glass.

Marty noted a stick wedged between a boulder and sediment — suggesting intentional manipulation of water flow. Dr. Spooner and Billy theorize the swamp may have been artificially engineered, possibly by the Knights Templar.

They found cut wood and plan to carbon-date it. The next morning, more trees and stumps were found, which may indicate unnatural swamp formation.

Billy and Rick discovered a circular stone formation, believed to be quite old. Though no metals were found, they think people were present earlier than previously believed. The wooden board they found was cut, and some showed large axe strokes — potential candidates for C-14 testing.

Fred Nolan had discovered uniform wooden stakes carbon-dated to the 1500s. The team believes they may have found similar stakes marking treasure locations.

Rick recommends waiting for Dr. Spooner to core the site before taking further action.

Rick has now paid off his royalties and feels confident. Even though they started the season late, his team is operating at full capacity. His goal of 1,000 ounces of gold is more urgent than ever.

Their latest cleanout measured 82.37 ounces — over $144,000 in value at $1,750 per ounce — Rick’s biggest haul of the season.

Despite early setbacks, Rick’s theory proved right. He believes there’s more gold on the property. The season may go smoothly if results like this continue.

But cold weather is setting in. It’s only September, and snow has begun to fall, disrupting operations. Rick’s wash plant “Rocky” has shut down because of freezing water — a major obstacle just after their most successful week.