Rick Lagina: We Found Gold & Silver On Oak Island in Season 12

The latest discoveries on Oak Island are stirring up excitement! After years of tireless searching, the crew has uncovered valuable pieces of treasure that may finally confirm the island’s legendary history. The finds include both gold and silver, and there’s growing speculation about whether these discoveries are linked to the mysterious treasure buried on the island.

One major breakthrough came when the team collaborated with Deas Contracting to rebuild the 18th-century garden shaft, believed to be the original location of the treasure. As they dug deeper, they encountered a collapsed tunnel and traces of gold, silver, and other metals, reinforcing the idea that the treasure could still be hidden there. However, things took a dramatic turn when their drilling caused a water leak, flooding the area. This disaster, though, only seemed to validate the existence of the island’s legendary flood tunnels—believed to be intentionally created to protect the treasure from previous treasure hunters.

The team has also made significant discoveries in Lot 5, where ancient artifacts ranging from the 1200s to the 1700s have been found, including a William III shilling silver coin. They’ve also uncovered Roman coins and barter tokens, leading to speculation about the involvement of the Knights Templar, Spanish explorers, and even figures like Sir William Phips, a 17th-century English politician. These findings suggest a complex and multi-generational effort to hide treasure on Oak Island.

One of the most exciting discoveries was a coin cut into pieces—likely Spanish silver—indicating the presence of pirates or military figures who would have used these coins as currency during the colonial era. A detailed scan of a similar silver coin found on the island revealed markings that confirmed its English origin, dating back to the 1690s, providing further evidence of British military involvement on the island.

The team’s efforts, particularly in Lot 5, are increasingly pointing toward a treasure that might still be hidden on the island, with all clues and historical research suggesting that the treasure was well-guarded and perhaps even concealed by the British military or other covert forces.

With each new discovery, the team’s belief that they are on the verge of solving Oak Island’s mystery grows stronger. While they haven’t yet found the fabled treasure, the evidence continues to mount, fueling hopes that they might one day unlock the secrets of Oak Island.

What do you think? Could Oak Island finally reveal its treasure, or is there still more to uncover? Let us know your thoughts in the comments!