Glitter Gulch, once a roaring gold mining center, has fallen on hard times. The villainous banker, Smedley Pewtree, is forcing the few families left to pay up or get out. During a fierce blizzard, the town’s populace crowds into the eerie and deserted Nugget, a former gambling palace reputedly haunted by the spirits of long-departed miners. Actually, the true scoundrel is revealed as none other than young Rock Quarry, the handsome cowboy who suspects the presence of an undiscovered gold vein and wants to rid the town of everyone before they discover the truth.