The department issued three treasure-trove licenses in April, with the rights to explore the Borehole 10X lot going to Oak Island Explorations Ltd.
- a company Mr. Blankenship
used to direct with fellow treasure hunter David Tobias.
The two parted ways when Mr. Blankenship's
interest in Borehole 10X grew, while Mr. Tobias remained focused on the famed money pit site.
"They never got that far with the money pit, with any of the shafts," Mr. Blankenship
said in a phone interview earlier this week, adding that Borehole 10X revealed more positive evidence in two centuries of searching than any other shaft on the island.
"There was a conflicting application submitted by Mr. Blankenship, which covered area held by Oak Island Explorations," explained Rick Ratcliffe, the province's registrar of mineral and petroleum titles.
Mr. Ratcliffe explained that the property owners must give permission to treasure-trove applicants - Oak Island Tours
gave permission to Oak Island Explorations
, not to Mr. Blankenship
But Mr. Blankenship said he's frustrated because, although he is no longer a partner in Oak Island Explorations, he is vice-president of Oak Island Tours - which owns a large chunk of the 32-hectare island, including the Borehole 10X property.
and Mr. Tobias combined own 23 lots on Oak Island
"And they still saw fit to give the new treasure-trove license to my partner.
"Mr. Tobias cannot unilaterally give permission," Mr. Blankenship
"The president has the casting vote at a meeting, but no meeting has been held," Mr. Blankenship