The First Excavations at Oak Island

We ’ve already cite young Daniel McInnis ’s find . But in verity , well-nigh every detail of this early account is turn over , including the spelling of his name , his age at the time of discovery , whether he was in the beginning draw to the island by observing lights , and whether he discovered a tackle pulley block or a sawn - off tree limb . The motion multiply when considering what McInnis and others allegedly found on Oak Island .

The following is a generalfolkloreversion of what happened according to Bobby Restall , Robert ’s son . McInnis and two friends started digging and find a layer of flat Lucy Stone two feet down . At 10 feet down , the friends find a bed or platform of oak logs . They found two other such platforms at 20 and 30 foot down . Although convince this was a man - made pit , the men realized they needed assist to continue . They refilled the pit , later love as the " Money Pit , " and did n’t come back until nine years later , when they dumbfound together with other investor and form the Onslow Company , so they could come back to the Money Pit with manpower and machine .

While digging , the team retrieve charcoal , coconut tree fibre and putty . Coconut fiber was an specially surprising discovery , as coconut tree is n’t native to Nova Scotia or anywhere near it , but the fiber was commonly used on ships as a packing material . The grouping of gem - seeking friends also scratch oak platforms every 10 feet until at last , at 90 foot , they happen a flat endocarp with an encoded dedication they could n’t read at the meter . They cover digging .

At 98 feet , they hit another oak tree chopine and quit work for that day . By morning the pit was half filled with water . Bailing and pump the water was vain , and the squad had to give up . purportedly , the discoverers soon brought the stone to a professor in Halifax , who take the inscription on the stone read , " Forty feet below two million pounds are swallow " [ reference : Fanthorpe et al . ] . The company return the next yr to tunnel under the Money Pit , but they hit water system again when burrow .

Was this a natural television channel of water or had the diggers bump off an engineered pinhead gob ? Treasure hunters still debate this . The next find take place more than four ten later .