“There used to be a shed inside the old fence, in a sort of an outside yard,” Ben remarked, “but they both fell down years ago.”

“That so?” Mundon replied, as he stooped and carefully examined the ground. “Yes, here’s the posts the shed rested on. We’ll excavate five or six feet deep here, on the site of the old shed. It’s bound to pay us fur our trouble.”

“After it’s been all these years on the open beach?”

“What’s that got to do with it? Nobody’s ever mined here. It stands to reason that they’d hev stored more val’able stuff in the shed than they would in the open. And there’s the signboard, a-tellin’ us that these dumps are waste bullion.”

During the weeks that followed their return to their claim the partners worked industriously. They sifted the result of their labors in three dumps, graded according to value. The first was coarse base bullion, which assayed at two hundred dollars a ton. One piece, the largest, weighed about twenty pounds; the smallest pieces were the size of peas. The second pile consisted of fine bullion, its component particles ranging in size from a pea to a pinhead. This assayed at one hundred and fifty dollars a ton. A third pile averaged from seventy-five dollars to one hundred dollars a ton. The total product of this, representing a week’s work, they estimated to be about seventeen hundred dollars.

The site of the old shed was excavated, and water was brought to the spot in a flume; for Mundon thought best to wash the ground in a rocker before putting it through the “jigger.”

The result amply repaid them for their trouble.

“This beats me! Rockin’ on the beach of San Francisco and makin’ our two and three hundred dollars a day,” said Mundon, one day as they were digging several feet below the surface.