Baguio Yamashita Treasure Hunt Continues

March 15, 2017 – Several years later since Roger Rogelio Roxas excavated a large pile of treasure deposit somewhere around the area of the Baguio General Hospital (BGH), the City Council just recently gave permission to another treasure hunter Eliseo Cabusao Jr. Although, his mission is not to recover those treasures left behind by Roxas but to uncover another treasure deposit from a different site which is at the Baguio Convention Center (BCC).

Cabusao is strongly confident that buried somewhere around the premises of the BCC is a hidden Yamashita treasure.

The meeting between Cabusao and the City Council was a closed door which means, there were parts of their discussion that is not intended to be disclosed to the public.

Both parties came to an agreement but with some conditions involve. It is actually a set of conditions made more on the side of the City Council because what all Cabusao want was simply their permission to excavate the BCC site.

Cabusao has been granted the permission to excavate a hidden Yamashita treasure at the BCC provided that he allows the city government to watch or observe their progress on the actual site. If it happens that the item has been recovered, the city must be given a share from the loot.

This is how they divided their shares. The city government takes a greedy 35 percent and another 30 percent cut which will go to the National Government or specifically, the Philippine National Museum. The remaining 35 percent is what goes to Cabusao. Anyway, this could still be the best opportunity for Cabusao whereas, “it’s far much better to have something than nothing”.

Despite the permission given by the City Council to Cabusao, it doesn’t mean that he can work on the site for as long as he want. He was granted only sixty days to uncover the treasure. According to Cabusao, the deposit consists of truckloads of gold which indicates that it is a large deposit. This means that it is not an easy task to dig and find those items with a limited time of recovery.

In order to minimize the financial cost of the operation, Cabusao came up with an idea to simply drill a 10 centimeter hole on all of their prospected spots. As it gets deeper, they will increase the size of the hole to 30 centimeters then up to 80 centimeters on each stages depending on their observation if they seem to hit the right spot.

If it happens that they manage to hit the item, they will start the excavation process. But if none got hit, they will fill up the holes and fix the minor damages they incurred.

Cabusao’s Basis for Existence of the Hidden Yamashita Treasure

According to a source which is an online news article, Cabusao claimed that he came to know an old man who was a Japanese Soldier of the Imperial Army back in WW2. As a part of the JIA, he was assigned as one of the soldiers who helped buried truckloads of gold near the BCC lot. For some unknown reason, he told about it to Cabusao.

Of course, Cabusao cannot just rely on what the old man revealed to him. So he conducted several various methods of assessments on the site such as scanning and detecting to confirm if something is really buried on that place. The result of his assessments had even strengthen his level of confidence to pursue on recovering the treasure. And gladly, the City Council just gave him the permission to dig on a government property area.

What are the odds of Cabusao being able to recover the hidden treasure?

In my own opinion, I think “luck” plays an important role in recovering the buried treasure here due to their method which is by drilling holes. There are actually chances that they will miss their target. Unless, they are planning to drill a lot of holes around the area.

The use of scanners, electronic detectors or any other tools for pin-pointing the exact location of the deposit can also be inaccurate due to some varied reasons. If you have your own metal detector designed for deep penetration, you surely already have experienced a lot of “false signals” which is so pretty annoying. I mentioned this because it’s one of the aspects that motivated Cabusao’s confidence on his assessments to dig his prospected area.

My point here is that, rather than drilling they should immediately “start digging”. They should open up the surface and dig a large hole good enough for the crew to go down at deeper depths.


You have to know that by simply observing the soil, it can give you some good hints so as the rocks. Aside from the soil and rocks, you may also encounter various foreign objects such as glass bottles, metal scraps, tools and even human/animal skeletons. All of these are signs telling you that the portion you dug has been dug before and they are often clues that provide information as to where the deposit is located.

The scanner or electronic detector may also come into play by re-scanning the surface of the site for every level of depth that has been reached.

You might say, “This will cost Cabusao a lot of money for this project”.

It is indeed a very costly project and unfortunately, it is always the risk that a treasure hunter financier is willing to take. A well-funded financier will most likely offer the City Government a full renovation of the BCC. But of course, the share percentage will be different and its completion will take a much longer period of time.

Moreover, I do have a fellow treasure hunter who supported the existence of a hidden Yamashita treasure at the BCC. He mentioned about it just a few years ago but given the situation which is situated on a government property, we did not pursue it.

To tell you more about the site, BCC is one among the popular ghost hunted places in the Philippines. Numerous reports from different individuals shared their experiences of creepy and violent spirits around the place. What I think is that, they are troubled spirits guarding the treasure.

View Comments (39)

  • Anonymous says:
    • Domingo Chillag says:

      Hello, do you have information if from Baguio or Benguet where Gen. Yamashita and his men move or route? Is it from Baguio going to Ifugao or going to Bontoc?

    • Based on the information I got, they traveled both places - Ifugao and Bontoc. They were running away from the Allied and Filipino forces which requires them to constantly move from one place to another which explains why and how.

      There is actually a mother map which is a map of the entire Philippines showing all treasure deposits buried and hidden on the land. Unfortunately, I only had a short glimpse of it. And based on what I had seen, almost every region of the country have deposits on it.

  • Anonymous says:
    • Tony Wells says:

      Sorry to disagree with you but since this treasure is located in an underground tunnel, if they just start digging they will NOT encounter various foreign objects such as glass bottles, metal scraps, tools and even human/animal skeletons. Why? Because, the soil on top of the tunnel has never been disturbed because that's not how the treasure was placed there in the first place.

    • I never expected that the great Tony Wells visited my blog and left a comment. You are the real legend of Yamashita Treasure hunting here in the Philippines.

      Thanks for sharing your priceless opinion with regards to this topic.

  • Anonymous says:
    • Anonymous says:

      Good Day Sir Elmo, I do strongly agree with your assessment of the project. Perhaps Mr. Cabusao will not rely only to EMD and history, he may also use natural dowsing and spiritual guidance. Thank you for posting this story on your site. More power...

    • I agree, especially that the place is haunted by violent spirits. If I am Mr. Cabusao, I think I should first deal with the ghosts. I heard that these entities can even move objects especially when they got mad and aggressive.

  • Anonymous says:
    • Good day to you Sir Elmo,

      We found a rectangular concrete cement 3 ft below the ground when we are digging for fish pond purposes. The size are 1.5 X 2 X 6 ft (H x W x L). Very Hard, Very heavy. Location Davao Del Norte, beside Bingcongan river.

      Did you have any idea where is the weakest part to break of this cement Sir?

    • That rectangular concrete is a very interesting find especially that you found it at a very strange place. But, I am so sorry to say that there is no weak portion of this kind of object which allows you to easily break it apart.

      It is really hard to break deposits enclosed inside concretes because they are commonly hidden or buried at shallow depths. The concrete is made out of Japanese Bunker Grade II Cement. It is so hard that even explosives won't work against it.

      We actually use a commercial product to deal with these kind of objects which is "Dexpan". Unfortunately, there is a problem with the availability of this product here in the Philippines. Anyway, I think there are other alternatives or similar version of this product.

      If the use of such commercial product is not possible on your part then I suggest the Fire Method. Burn the rectangular concrete overtime until it cracks.

  • Anonymous says:
    • Anonymous says:

      I was with a former Japanese soldier in the early 1990's and he was around 80 yrs old then. I was his designated driver then and one of the areas we visited then was the Baguio Convention Center. He constructed a German Stick hand held detector we can use on suspected treasure sites around the City. Cabusao's suspected treasure area within the Convention area is more or less 100 meters OFF from the REAL area where the treasure is sitting. This Jap really knows where the entrance to the tunnel is, we went straight to it and had it detected... and SURELY got a positive detection.

      I recently passed thru the area and the tree that I used as a marker for me to remember the exact opening of the tunnel is gone... but still do remember exact area... lots of sites shown to me as we drove, and the biggest treasure site according to him is along Asin road, and the entrance is under a pool/stream of running water which they diverted when they hid the loots underneath... not able to get inside the cave as the water stream was strong then. I know lots but keeping quiet...

    • The information that you provided here is very interesting. If Mr. Cabusao reads my blog and your comment, I am sure this will help him out and give more motivation to work on his project.

      I guess searching for the entrance of the tunnel is a better option than drilling.

      Anyway, I have a strong feeling that Mr. Cabusao will fail on his quest due to the given limitations by the local government. This gives others the opportunity to recover the treasure.

  • Anonymous says:
    • Anonymous says:

      Good day Sir Elmo. I encountered some uncommon signs near the ocean on my site, there's a huge stone shaped like a ship and its pointing at the enclosed cave I found. Does it mean my site is positive or something?

    • I think that your site needs more exploration especially the enclosed cave. Try searching for more signs around it.

  • Anonymous says:
    • Anonymous says:

      This will cost him great amount of money and he is very far from the target area. I think I'm morally bound to help but I don't know how.

    • I guess, you should try to visit Baguio and head to the Convention Center where I believe, they are still working on it.

  • Anonymous says:
    • Good day to you Sir Elmo, I am Rico who found the rectangular concrete cement stated on my previous comment. We manage to turned upside down the concrete cement by using two 5-tonnes chained blocks, unfortunately we found the bottom of the said concrete has a hole and nothing inside.

    • My suggestion is to break that rectangular concrete to find out what is inside of it.

  • Anonymous says:
    • Anonymous says:

      We found a bottle and it has a company name. The marking on it is s.f.p.g. Below them is a big letter A. I tried searching it on the internet about this bottle and I found out that it was manufactured on the year 1890-1914.

    • They are considered as object signs provided that you will encounter more of them are you continue digging further. In most cases, you should follow these bottles which may take you into the deposit.

  • Anonymous says:
    • Anonymous says:

      Hello Sir, I am pretty sure your knowledge is more than most on locations and findings with the Japanese, might you share if you have any information of such in the Nabunturan area?

    • Nabunturan, Compostela Valley. Yes, some of my fellow treasure hunters have their own projects on that region.

Related Post

This website uses cookies.