- Ox Martin and his gang attract the attention of the Lone Ranger, when Martin's gang intercept a mail coach carrying a claim for a gold mine owned by Sam Dingle.
- Ox Martin, John Doucette, and his gang rob a stage to intercept a gold claim, leaving no survivors. He pays the men and breaks up the gang, but keeps one partner, Pinky, and sends him in to town to make the claim for themselves.
Later, the Lone Ranger, Clayton Moore, and Tonto, Jay Silverheels, find the site of the holdup. They discover the envelope from the gold claim, and go to visit the claimant, Sam Dingle.
At the Dingle home, Sam writes his daughter, a schoolteacher, a note saying he is going to visit the claim. Tonto goes with him while the Lone Ranger goes to town to register the claim.
In town, Pinky registers the claim and heads for the mine. The claim is mapped and logged into the registration book.
At the Dingle home, Dingle's daughter, Peggy, finds the note and heads for the mine.
In Town, the Lone Ranger arrives to register the claim, but the agent fetches the Sherriff, who tries to arrest him for claimjumping. The Lone Ranger locks the sherriff and the agent up in the back of the claims office, but leaves behind the envelope with the canceled stamp for them to find when they break out. He heads for the claim.
On the way to the claim, Peggy meets Martin along the way, and he tricks her into taking him along to the claim.
At the claim, Martin pulls a gun on Peggy and forces her in ahead of him. There are threats and a struggle, and Tonto throws a knife at him. He shoots Tonto and ties the other two up. He lights some blasting powder nearby.
On the way to the claim, the Lone Ranger catches up with Pinky and captures him, tying him up before riding on to the claim. He rides in just in time to rescue Dingle and Peggy, and remove the fuse. They assist him in taking care of the unconscious Tonto, who soon comes to. Soon, the sherriff arrives to take in the prisoners and straighten out the claim.
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