‘A Huge Win’: ‘Curse of Oak Island’ Team Believes They’ve Finally Zeroed In on the Money Pit

A new ‘Curse of Oak Island’ episode delivers what Rick Lagina calls ‘a huge win’ as the team believes they’ve finally narrowed in on the Money Pit.

After more than a decade on the air and centuries of speculation surrounding Oak Island, the team behind The Curse of Oak Island may be closer than ever to pinpointing the legendary Money Pit.

In tonight’s new episode, titled “A Fort Knight,” the Lagina brothers and their team investigate a possible connection to the Knights of Malta, while new drilling at the Money Pit site delivers what Rick Lagina himself calls “a huge win.”

The episode centers on renewed activity at the Money Pit, where engineer Craig Tester joins diver Alex Lagina, surveyor Steve Guptil, Oak Island historian Charles Barkhouse, and geologist Terry Matheson to examine underground anomalies that could finally clarify where the original shaft was located.

“We do know, relatively speaking, the positions of the various shafts vis-a-vis the Money Pit,” Marty Lagina explains as the team begins its work.

Rick Lagina, who has long emphasized patience and precision over speculation, stresses the importance of aligning historical clues with modern data. “We need these interlocking pieces. Nine goes to two, two goes to X marks the spot. We use that as stepping stones to get to where we really want to go, and that is, where is the original Money Pit?”

That careful approach appears to pay off when drilling reveals what may be the edge of a man-made shaft.

“Wow. Oh, that’s a shaft. All right. Wow. Did we ever catch the edge of some beautifully stacked timbers there,” Matheson reacts.

Barkhouse agrees with the assessment, noting the depth and structure of the find. “We are in a shaft. There’s no question about that. This is definitely not a tunnel. For one thing, it’s too close to the surface. If you’re going to do a tunnel, you’re going to do much deeper in the ground. So we’re definitely in a shaft. There’s no question about that.”

For Tester, the moment marks a potential turning point. “Well, that’s good news. You go through periods where you just don’t have any luck on the island. And so when you start hitting a shaft and hitting it right away, when you have more work to do, but at least we know where it’s at. And if this is shaft two, we know that we’re finally honing in on where that Money Pit actually was.”

The team debates next steps, but Rick makes the call to keep pushing forward. “Well, here’s the thing. It’s an easy call. Keep drilling. Keep drilling until you run out of wall. and then a decision has to be made—north, south, east, west—but we should punch another hole.”

The narrator underscores the stakes, explaining that confirming all four walls of the shaft could finally orient the team to the original Money Pit, believed to be just 14 feet away.

“If this is the shaft, that’s greatness, but we can’t prove it yet,” Rick admits. “Am I hopeful? Yes. Do I want it to be there? Yes. But you have to have more proof. It’s all exciting. I mean, this is a… It’s a huge win. Keep drilling.”

Fans watching the preview on Facebook are already reacting. “Secrets are slowly being uncovered, and they are getting closer and closer. It’s really fascinating to see what’s happening in the depths of this area,” one viewer wrote, while another added, “I like the other parts of the island better. More going on.”

The episode also revisits last week’s major chain discovery on Lot 8, where metal-detection expert Gary Drayton and operations manager Scott Barlow uncovered a forged iron chain that laboratory analysis suggests could date back to the 1500s or 1600s, adding yet another tantalizing layer to Oak Island’s long-running mystery.

Whether tonight’s drilling confirms the team’s hopes remains to be seen—but for now, the search appears closer than ever.