The Mystery of Oak Island Finally Revealed, but Not Without Major Cost

Man-Made Beach

The hole came to be known as the “Money Pit.” The crew was at an impasse, though–they couldn’t drill any deeper without trying to finally drain the water completely. However, someone noticed water emerging from underground at the beach at low tide. Turns out, the entire beach was man-made. Someone had also built a dam to try to wall off the influx of water into the hole. A storm came and destroyed the dam, so Truro gave up…

 

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