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Thirty Years of Efforts Millions of dollars have been spent and lost to try and find the very bars that are in a bank in El Paso, Texas. The latest tale while it is true and the fight over it still goes on because of greed. In 1972, two gentlemen by the names of Thayer Snipes and Troy Jacobsen flew over the Caballo Mountain area with a heat sensing device and noticed a large deposit of heavy non-ferrous metal was indicated in an area east of Caballo Lake. Thayer brought Nick Fleming to the area in 1990, and told him about the earlier flight. Nick came back with Gary Hewitt and Paul Vlaardingerbrock in late 1992 and ran surface tests with an EM-83 Pulse induction Unit over three sites in the area and videotaped the test results. They pinpointed the area for Nick to continue his search. Nick came back to the site during late "92 and early 93 locating and exploring several caves in the area. In April 1994, he found the entrance to the cave containing the treasure trove of miner's dore' bars. He paced off and otherwise calculated the size of the stack to be approximately five feet high, thirty feet wide and fifty feet long, stacked similar to a pallet of bricks. He also noted what appeared to be a small tunnel, which may lead to other caves. After some personal research as to the proper course of action, Nick returned to file a Treasure Trove Claim at the Truth or Consequences Courthouse, in New Mexico, on July 23, 1993. During one of his visits to the site, Nick met the Sanders Brothers on the road to the mine that they were working. In the ensuing conversation, it was decided that they could work together to retrieve the treasure and split the proceeds one third each, to Nick, Mrs. Drolte and the Sanders Brothers. Richard W. Darnell, the attorney for Mrs. Drolte and the Sanders Brothers came up that afternoon and worked out some of the details for an agreement. None of the others were aware that at the time that Nick had already filed the Treasure Trove Claim.
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