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Remains of 2,500-Year-Old Mill Discovered in Italy They believe it is the earliest olive oil mill found in Magna Graecia, a region that encompasses most of Italy s southern coastline, where ancient Greek colonists arrived 3,500 years ago. Photo: Lucano Agency for Development and Innovation in Agriculture Feb. 12, 2021 An ancient olive oil mill dating to the 4 th century B.C. has been uncovered during archeological excavations in the province of Matera. Located in the Basilicata region in southern Italy, the archaeologists said that the finding is sensational due to both its structure and age. ....