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Originally posted by curme
I tried finding info too, it has always fascinated me. But I think if anything is valuable there, it's been destroyed by the drilling. Didn't they find a piece of gold on a drill bit? If anything was in a watertight chest, it's waterlogged now!
Originally posted by Bluecollar
I've found an amazing article summarizing everything to do with oak island:
Its chocked Full of references as well.
He said the common problem with countless digs before has been water - all previous efforts to recover any treasure have been flooded out.
The latest plan is to drill a series of holes a metre apart in a ring 30 metres in diameter. At the centre is the so-called money pit, where many Oak Island buffs believe the treasure is stashed.
Mr. Wonnacott said a pipe header system would be installed in the holes and chilled brine would be pumped in, creating a ring of frozen soil down about 60 metres to bedrock.
"We want to be sure that whatever is in the money pit is inside that frozen ring, and we think we've got the correct location for the shaft to do it."
After the ring is excavated it would be lined with a steel shaft.