By Anthony J. Pallante
From Page 9
April, 2001 issue of Lost Treasure
Copyright © 2001 Lost Treasure, Inc. All rights reserved.
Spanish Treasure

There is a suspected Spanish treasure buried somewhere along the Huerafano River just south of Pueblo. The Arapaho and Cheyenne, who inhabited the area prior to the arrival of Europeans, learned early on the folly of attacking the interlopers in their fortified presidios. Encased in their armour and massed in close behind the stockaded walls, the Europeans were practically invincible.

However, the Spaniards were vulnerable when strung out through the narrow mountain passes, particularly when shepherding heavy loads of gold, which they were loath to abandon. The Indians took full advantage of this and the Conquistadors soon learned that the most dangerous task was getting their gold safely back to Mexico.

The Huerafano River gold was hidden by members of a Spanish treasure train descending from the Sangre de Cristo Mountains. As was usually the case, by the time the decision to cache the gold was made, the situation was already desperate and only a few of the Spaniards survived. This was a frequent occurrence and, unless the shipment was an unusually large one, Spanish officials usually wrote off the loss as the fortunes of war.

Please Note: It is the responsibility of the treasure hunter to gain permission before detecting.


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Florin, Lambert. "Ghost Towns of the West." Promontory Press, 1993.

Penfield, Thomas. "Lost Treasure Trails." Grosset & Dunlap, 1969.

Terry, Thomas P. "U.S. Treasure Atlas," Specialty Pub., 1985.
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