The Money Pit
Oak Island Treasure - the world's greatest treasure hunt - Home. Oak Island Mystery. One can only wonder what would have happened if young Daniel McGinnis had chosen to go exploring somewhere else on that fateful day in the summer of 1795.
If he had, perhaps nobody else would have walked the woods on the eastern end of Oak Island for the next ten years. In that time, the clearing McGinnis found might have been reclaimed completely by the woods. In a forest, the thirteen foot-wide depression in the ground might never have been noticed. Thick, leafy branches might have obscured the old tackle block hanging from a branch directly over the pit. Without these markers, there would have been nothing to indicate that this was the work of man. Treasure: Oak Island. Imagine yourself walking through the trees of a wooded island rumored to hide buried pirate treasure.
Suddenly you come across a depression in the ground. It's roughly circular and there's a tree standing above it with a branch that has been cut and appears to have been used as a pulley. Oak Island. Oak Island is a 57-hectare (140-acre) island in Lunenburg County on the south shore of Nova Scotia, Canada.
The tree-covered island is one of about 360 small islands in Mahone Bay and rises to a maximum of 11 meters (36 feet) above sea level. Located 200 metres from shore and connected to the mainland by a modern causeway, the island is privately owned. Oak Island is noted as the location of the so-called Money Pit and the site of over 200 years of treasure hunting. Repeated excavations have reported layers of apparently man-made artifacts as deep as 31 metres (102 ft), but ended in collapsed excavations and flooding. Critics argue that there is no treasure and that the pit is a natural phenomenon, likely a sinkhole. The history of the island and the ongoing search for treasure are the subject of the reality television program The Curse of Oak Island, which premiered on the History Channel on January 5, 2014.