A long-lost gold treasure, believed buried in the sand dunes of the fabulous Walking Hills, attracts adventurers Jim Carey, a rancher; Shep, rodeo rider wanted for murder; Old Will; Chalk; Frazee, a detective hunting Shep; Johnny, a cowboy and Josh, an entertainer. Uninvited, Chris Jackson (Ella Raines, loved by both Jim and Shep, joins the treasure-hunters. Hard work, suspicion, danger and intrigues and hatreds culminate in a grim fight with shovels, and a raging desert sand-storm leads to the conclusion.