I believe it was near or in water, but not buried from what I recall of Fenn's comments about its location (he said it was 'wet'). He said the location he chose

I believe it was near or in water, but not buried from what I recall of Fenn's comments about its location (he said it was 'wet'). He said the location he chose reminded him of a plateaued area with a waterfall that he found in the jungles of Vietnam, with a forgotten soldier's grave.