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Oak Island

Oak Island, a small island right off the shore of Nova Scotia, Canada. Named for the trees which inhabit the island, it is well known in circles of the mysterious and occult as the home to the infamous Money Pit. The pit was found in 1795 after lights where seen coming from the island. A large depression was found where the lights were thought to originated from, and excavation of the area began soon afterward.

Excavations of the site reveal an area of ground with a layer of flagstone a few feet below the surface, followed by soil and rock separated by layers of logs every 10-feet. The bottom of the pit has yet to be excavated, however, strange objects have already been found: coconut fiber mats; a bizarre stone stone excavators have drilled though but have yet to removed the artifact; and a large stone bearing an inscription of symbols, translated as saying "forty feet below, two million pounds lie buried." Cameras sent down have captured pictures of weird tools.

Theories of what could be down there: pirate treasure; holy relics brought from the fleeing Templars in 1307, such as the Holy grail or the Ark of the Covenant; or nothing at all. regardless of what could be down there. In 2011, The new Oak Island Treasure Act came into effect allowing for treasure hunting to continue on the island under the terms of a licence issued by the Minister of Natural Resources.