Barton's mine foreman is receiving gold bullion from gangsters in the East, putting it through the mine's smelter, and then shipping it out. When Barton finds out, Murdocks men make him a prisoner. Arriving at the same time, Alamo hears the story of the Masked Phantom and then becomes that Phantom fighting Murdock and his men and attempting to find Barton.

• B.F. Zeidman Productions Ltd.
• Monte Rawlins
• Betty Burgess
• Jack Ingram
• Art Davis
• Dot Karroll
• Sonny Lamont
• Matty Kemp
• George Douglas