Clues have taken our heros to a treasure of silver arrows. Clark and Tumbleweed continue to explore the cave, while Jimmy and Mary have found a dusty portrait with eyes that follow them. Back at the ranch, we learn that the old prospector, Hopeful Jake is recovering from his injury.
The old timer admits that he has been hiding a man in Dead Man’s Gulch. As Mary and Jimmy learn the details, we fade to Clark and Tumbleweed.
In the cave, Clark and Tumbleweed keep at trying to figure out the cryptic message of the last arrow. A comotion draws them away, and they find Art Cummings with Jimmy. The old man is the Silver Arrow, and Clark promises to help him find his treasure. With the secrets reveaoled, everybody says their sad farewells, and leave their fun times behind them.