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

Oak Island Treasure: The Discovery That Changes Everything

After years of tireless effort, the Lagina brothers and their dedicated team have finally struck gold—and silver—on Oak Island. For decades, this mysterious island has captivated treasure hunters and historians alike, with its famous “Money Pit” believed to conceal an extraordinary fortune. But could the finds discovered by the Lagina crew now be part of this long-lost treasure, or is Oak Island hiding an even greater secret?

Recent discoveries have set the stage for some astounding revelations. During their latest excavation, the team uncovered significant traces of gold and silver. Among these was a rare William III Shilling silver coin, which was an exact match for those from the late 17th century. This find may hold the key to unlocking the mystery of who buried their treasure on Oak Island centuries ago.

The journey to this breakthrough moment began when the Lagina crew partnered with Dumas Contracting Limited to rebuild the 18th-century “Old Garden Shaft,” which is thought to be one of the original locations for the hidden treasure. Their efforts to uncover the secrets beneath the island intensified when they discovered a collapsed secret tunnel just below the shaft. What made this tunnel even more intriguing was its direction: it ran west, toward the area known as the “Baby Blob,” which had previously shown high traces of precious metals.

But their excitement was short-lived. While drilling horizontally in an attempt to pinpoint the treasure’s location, they accidentally triggered a leak of ocean water—flooding the tunnel and damaging much of the crew’s progress. This setback only deepened the mystery, as the crew speculated that they had triggered one of Oak Island’s notorious flood tunnels, designed to protect the treasure from would-be robbers.

Despite this disaster, the crew remained optimistic, as the event confirmed much of the local lore surrounding the island’s history. They concluded that the rapid flooding could only be explained by intentional actions taken to thwart treasure hunters. It was now evident that the stories of Oak Island’s complex network of booby traps were not just tales—they were real.

The team’s investigation also extended to Lot 5, a four-acre parcel of land bought a few years ago by Rick, Marty, and Craig from the estate of Robert Young. This area has proven to be a treasure trove of artifacts, ranging from ancient coins to tools dating back to the 1200s. Among the most significant finds were four Roman coins, leading the crew to speculate that the island’s mystery may have ties to ancient civilizations.

The connection to the Knights Templar has also deepened with the discovery of a lead cross found in Smith’s Cove, along with other items such as iron tools linked to Sir William Phips, a 17th-century English politician. These discoveries led to theories that a hoard of Spanish silver, hidden during the 17th century, could lie somewhere in the Money Pit.

One of the most intriguing elements uncovered was an enormous stone structure near the shoreline—larger than anyone could have imagined. Archaeologists have been working carefully to uncover its true nature, preserving the context of their findings. Preliminary analysis suggests that the structure spans multiple generations, indicating that those behind the creation of Oak Island’s treasure may have lived and worked on the island for centuries.

In Lot 4, the crew has also found remarkable items, including 14th-century barter tokens and 17th-century tools. One of the most exciting finds was a “cut coin,” believed to be of Spanish origin. These coins were traditionally cut by military or pirate groups to use as a form of currency during the 18th century, further linking the island to its pirate lore.

Back at the Oak Island lab, the coin was analyzed using a CT scanner to reveal intricate details. The results showed faint engravings, including the inscription “GV” and marks that matched a William III Shilling. This English coin, while not part of the Spanish treasure the team had hoped for, provided strong evidence that the island may have been inhabited or visited by English forces in the 1600s.

Doug Crowell, an Oak Island historian, reminded the team of an old book, Oak Island and Its Treasures, which detailed covert operations by the British military to recover treasure buried by Sir William Phips in the late 1600s. The discovery of this coin might be proof that English soldiers were once stationed on Oak Island.

As the team continued their search, they began to believe that the treasure they were looking for was not only still on the island but might have been hidden in plain sight all along. With the latest discoveries and advancements in technology, including the use of ground-penetrating radar, the team has uncovered a network of tunnels beneath the island, forming a precise geometric pattern that matches symbols found in ancient Templar texts. This discovery links Oak Island’s mystery to the Knights Templar, the medieval Christian military order.

But the surprises don’t end there. Researchers recently unearthed ancient writings buried in airtight containers. These writings, in a previously unidentified language, could hold the key to understanding the true purpose of the tunnels and their connection to the Templars.

What started as a treasure hunt has now become a race to uncover the hidden history of Oak Island. As the team digs deeper, they continue to make remarkable discoveries that offer more questions than answers. Could the legendary riches of the Knights Templar be buried beneath Oak Island? And what else might the island’s mysterious symbols and ancient writings reveal about its true past?

Each new discovery only deepens the mystery surrounding Oak Island. The quest for treasure is far from over, and with each step, the crew gets closer to uncovering the secrets that have remained buried for centuries. Will they finally discover what lies beneath? Only time will tell.