Description: In 1795 Donald McInnis discovered an artificial circular depression on the south eastern end of the island with an adjacent tree which had a tackle block on one of its overhanging branches. McInnis and 2 friends excavated the depression and discovered a layer of flagstones. As they continued digging, they found a layer of flagstones every 3 m (10 ft). They stopped digging at 10 m (30 ft).
Many people started to continue the excavation... every 3 m another layer of flagstones. At about 27 m (90 ft) suddenly the 'money pit' was flooded up to level of 10 m. The man abondoned the excavation.
Many men and companies followed. Nobody was able to reach the 'treasure'. Nobody was able to solve the mystery of Oak Island. It is assumed, that the treasure of Captain Kidd, the famous pirate, is hidden there. But some scientist want to know that it's the
- British war fund of the Independence War
- lost scripts of Sir Francis Bacon proving that Bacon is the author of Shakespeares works
- treasures of Louisburg
- treasure of Tumbes
- treasure of the Templars
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