Money Pit gets it's name from the legends of lost Spanish gold in the area; although there is no mineralization or any history of Spanish mining in this cave, there have been recent workings of people trying to excavate here and there.
The entrance drops 10-12 feet into a small room.
Shane Coles climbing down into the entry. For inexperienced climbers we recommend using a rope to descend this pit.
From the small room at the bottom of the entry pit there is a small hole that corkscrews down into the fissure before it opens up.
This is looking down the fissure just after the corkscrew passage.
This is looking down the fissure just after the corkscrew passage.
Descending into the main portion of the cave there is an old rope ladder with wood rungs. The walls are very wet and the rope and wood have become very water logged, so I don't know how much longer this set up will be stable enough to use.
From the floor of the pit the cave cuts back under where the ladder is and there is another pit. Since I didn't bring my gear down this one I was not able to explore it any further. Down-climbing this one is probably possible, but since no one else was in there with me I decided not to attempt it. We will have to try it again on another trip.