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History of Laguna de Guatavita

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Conquistadores Lázaro Fonte and Hernán Perez de Quesada attempted (unsuccessfully) to drain the lake in 1545 using a "bucket chain" of labourers. After 3 months, the water level had been reduced by 3 metres, and only a small amount of gold was recovered (with a value of 3000 - 4000 pesos [approx. 100,000 USD today {a peso or piece of eight of the 15th century weighs .88oz of 93% pure silver}]).

A later more industrious attempt was made in 1580, by Bogotá business entrepreneur Antonio de Sepúlveda. A notch was cut deep into the rim of the lake, which managed to

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