For over two centuries, the name William Kidd has been synonymous with the “buried treasure” archetype. While skeptics dismissed his hidden cache as the stuff of nursery rhymes and maritime folklore, the “Fellowship of the Dig” has just delivered a staggering rebuttal.
This week, in a breakthrough that will be remembered as the greatest archaeological discovery in Canadian history, Rick Lagina and world-renowned metal detection expert Gary Drayton have uncovered what appears to be the long-lost hoard of Captain Kidd.

The discovery occurred in a subterranean stone-lined vault discovered near the western drumlin—an area Gary Drayton had long suspected held a “significant metallic signature.” The haul, a glittering collection of gold bullion, silver coins, and high-status jewelry, matches the historical manifest of Kidd’s final, most notorious piratical voyages.
A “Top-Pocket” Find of a Lifetime The discovery began late Tuesday afternoon during a tactical sweep of a newly cleared sector of the island. Gary Drayton, using his specialized Minelab equipment, received a signal so strong and clear that it initially threatened to overwhelm his sensors. “I’ve found gold on this island before—a button here, a link of chain there—ưng this is different,” Gary remarked, his voice thick with adrenaline as he brushed away centuries of damp earth. “We’re looking at a concentrated deposit. This isn’t a lost item; this is a deliberate, massive hoard.”

As Rick Lagina assisted in the manual excavation, the soil gave way to a rotted wooden chest reinforced with hand-forged iron straps. When the lid was finally pried open in the presence of the full Fellowship, the dim Atlantic light caught the unmistakable yellow luster of 22-karat gold.
The Contents of the Vault Archaeologist Miriam Amirault and data analyst Emma Culligan have begun the painstaking process of cataloging the artifacts. Preliminary assessments suggest the hoard is a “time capsule” of early 18th-century piracy:
The Gold Bullion: Several heavy, unrefined gold bars were recovered, some bearing the distinct stamps associated with the East India Company—assets Kidd was famously accused of plundering.
Spanish Reales and French Louis d’or: Thousands of silver and gold coins were found in leather satchels, representing a diverse “pirate’s currency” from across the Atlantic world.
High-Status Jewelry: The most breathtaking piece is a heavy, gem-encrusted crucifix and several emerald-set rings, believed to have been taken from the Quedagh Merchant, the Armenian ship that served as Kidd’s final, fatal prize.
Rick Lagina’s “Wonderful Story” For Rick Lagina, the discovery of Captain Kidd’s treasure is the culmination of a lifelong obsession that began with a Reader’s Digest article in 1965. While the search has often been defined by industrial drilling and high-tech Muon Tomography, Rick noted that this find feels profoundly personal.
“We’ve always said there was a ‘wonderful story’ to be found here,” Rick said, looking at the silver coins. “Captain Kidd was a man caught between the world of privateering and piracy. This hoard tells the story of his desperation and his hope to one day return for what he had earned. Today, we finally finished that story for him.”
Impact on the Oak Island Mystery The presence of Kidd’s treasure on the island provides a missing link in the Oak Island timeline. It suggests that the island was a known “safe harbor” for those operating outside the law long before the Money Pit was officially discovered in 1795. Marty Lagina, though ever the pragmatist, was visibly moved by the sheer economic and historical scale of the find.
“This isn’t just about the gold value, which is astronomical,” Marty noted. “It’s about the validation of the search. We’ve proven that the ‘impossible’ is possible.” The Road Ahead As the Season 13 finale approaches, the team is working with the Nova Scotia Department of Communities, Culture, and Heritage to ensure the treasure is preserved.
With the discovery of Captain Kidd’s Hoard, alongside the ancient stone tomb and the Quartz Chrono-Disc, Oak Island has officially shed its reputation as a “money pit” and established itself as the world’s premier archaeological vault. The quest for the Templar Cross and the Lost Manuscripts continues, but for now, the Fellowship can finally say they have found the gold. Captain Kidd’s secret is out.