BIG UPDATE NEWS : on The Curse of Oak Island – Gold Smuggling, Keyholes & Hidden Treasure!

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This is a recap of The Curse of Oak Island: gold smuggling, keyholes, floods, and treasure.

Spoiler Alert:
Don’t read below if you don’t want to know what happened on The Curse of Oak Island, Season 5, Episode 14.

It looks like they’ve actually found some treasure on The Curse of Oak Island. Granted, the gemstone shown at the end of this week’s episode wasn’t a chest full of jewels, and it wasn’t in The Money Pit, but it’s a start. The new find, shown in the sneak peek for next week’s episode, came after a dramatic hour in which we found out more about what the medieval cross could be. A decorative keyhole was discovered, and the DMT shaft went the way of so many other shafts before it.

There are now just two more episodes left in Season 5 of The Curse of Oak Island, but there’s still time for something really big to come.

1. The medieval cross could have been used to smuggle gold
Last episode, historian Zena Halper speculated that the medieval cross found by Gary Drayton at Smith’s Cove could be a representation of the Punic and Phoenician goddess Tanit. This time, author and Knights Templar researcher Kathleen McGowan returned to the show to give her take. She told the team how she had spoken to Toby Dobler, the Grand Master of the Knights Templar in France, whom Marty Lagina and his son Alex previously met in Rennes-le-Château 3 years ago.

His take: he believes the cross may have been part of a necklace used to smuggle gold. A diagram he drew showed rhomboids, called “ptil,” which people would wear around their necks to look like jewelry, but were actually gold covered in lead. Templars reportedly used methods like this to smuggle gold out of Europe while facing persecution, and the cross could have been worn as part of the necklace.

Kathleen said of the cross: Toby was very excited when he saw this because the shape of the hole is the same shape used in the rhomboids that were found. His first thought was that this might have been part of a Templar necklace that was used to move gold.

If that was the case, where are the rhomboids? Jack Begley suggested they could still be in Smith’s Cove, an idea that went down well with Dave Blankenship. Could the cross have gold in it as well? That remains to be seen.

2. Canada’s name could have different origins
Along with the gold-smuggling theory, Kathleen also told the team about a town next to D, France, where Rick, Alex, and Peter Fornetti visited the Templar prison earlier this season. Its name is Sarlat-la-Canéda. It is generally believed that Canada got its name from the 16th-century French explorer Jacques Cartier, who reportedly began referring to the area using the Iroquoian word “Kanata,” meaning village or settlement.

But could the name have actually been brought over by members of the Knights Templar 300 years earlier? It’s theoretically possible, Kathleen said. If we’re looking at a different timeline, and we’re saying that the region was discovered much earlier, say 300 years earlier, then I think we have to start looking at possibly different origin stories for some of the etymology.

Marty said the theory was an interesting one and typical of those that come to light on Oak Island. He said, “It’s an interesting fact that this word Canada appears there. It’s one of the strange things about Oak Island that somehow you can make these quasi-coherent, quasi-logical connections to so many things that it just boggles the mind.”

3. They’re going to do more searching in Smith’s Cove
Before Kathleen left the island, Rick, Marty, and Gary Drayton took her to Smith’s Cove to show her where the cross was found. They revealed their plan to go over the whole area with Gary’s metal detector again. He’s previously searched it, but that was before the team’s digging operations in the cove last year, and the storms that battered the island over the winter—both of which may have uncovered new finds and could be why they found the cross.

There was also talk about using machinery on the beach in the future, as long as they can obtain the required permits and find a way to explore the area effectively when having to deal with the ocean and its tides.

Kathleen said, “There’s no doubt in my mind that there’s more here. That cross is so important, but I think it’s also the beginning, not the end.”

4. They find a lock plate, possibly from a chest
The most valuable person this season definitely has to go to Gary Drayton. Practically every episode, he has turned up something new, and this week, it was a decorative keyhole or lock plate. Marty noticed that the lock plate was asymmetrical, meaning it was likely manmade. It was found on Lot 8, the one immediately to the west of the Nolan family’s four lots (9 to 12), which Rick identified as an area that may yield significant finds after examining one of Fred Nolan’s maps.

5. They get footage of the bottom of the DMT shaft
The episode saw the team decide to put a camera down the DMT shaft to try to figure out exactly what the obstruction is that they previously hit, and which is stopping them from drilling further. To do that, they first had to pump water out from the bottom. They then called in remote camera specialists Tony and Nick Pevel, whose Spectrum 120 high-definition camera gave them a 360° view of the bottom of the shaft.

Rick was hoping to find wood, which would mean they could have hit a tunnel built by the original constructors of The Money Pit. What did they see? Annoyingly, not much. Rocks and sludge, mainly. From above, it looked like they could see a hard bottom, but it was hard to tell anything from the camera footage, and they didn’t really get much of a look because, just as Rick was suggesting getting eyes and boots down there, it flooded.

6. The DMT shaft floods
Just as they were looking at the footage from the bottom of the shaft on a screen, Alex Lagina suddenly noticed that the bottom of the steel casing was becoming visible as water started to seep in underneath, and then a deluge. The team rushed to pull the camera up as water flooded into the shaft, filling up to the water table in a matter of seconds.

Rick looked close to despair as he realized what had just happened. As fans of the show know, this is by no means the first time this has happened in The Money Pit area—it happened to the Onslow Company back in 1804, and it has happened plenty of times since.

Does this mean that the team hit one of the booby-trapped flood tunnels, which some believe were built to guard The Money Pit?