The writer of the so-called "Peglar Papers" -- a cache of personal documents and letters found with the remains of one of the ships' stewards -- spoke of "the grave at Comfort Cove" (well, actually, as he preferred to write backwards, he spoke of "eht evarg ta Trofmoc Evoc"). A person of great importance was buried there, possibly Franklin or Crozier or one of the other officers. The name was borrowed, with what seems to us some irony, from the "Comfort Cove"on Ascension Island, which featured a graveyard adjacent to an isolated quarantine camp -- a site since re-dubbed more accurately as "Comfortless Cove." You can see images of it online, and they suggest not so much a place of refuge as one of (final) rest.
But where could this place be? No maps survive among the scraps of paper remaining to us, so it's impossible to know what names Franklin's men assigned to various land or water features. Still, if Franklin himself was buried there, then it must have been established by 11 June 1847. It must have been close enough to the ships that several parties -- those who were to dig the grave, and those who were to preside at and attend the funeral ceremony -- could reach the site. With "Erebus" and "Terror" still some distance NW of King William, this suggests a site nearer to Cape Felix than to Victory Point. I've been discussing this puzzle with Glenn M. Stein and others, and it seems to me one of those things that might best be solved by more heads than two. So let's have at it -- you can get a variety of free maps and satellite images from GeoGratis or (better yet) zoom in on Rupert Thomas Gould's invaluable Franklin search map of KWI from 1927; you can also look at the maps and reports prepared by David C. Woodman on his many search expeditions. What says the wisdom of the crowds?