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Lost mine or treasure

Montezuma treasure at Kanab

Utah · Johnson Canyon and Three Lakes, near Kanab (Kane County, UT)
Satellite view of Montezuma treasure at Kanab
Satellite view of this location, not a photograph of the subject · Imagery © Esri

A documented treasure hunt that emptied a town

In the 1920s a prospector named Freddie Crystal rode into Kanab with a map he said traced Aztec treasure north after the conquest, and the whole town moved into Johnson Canyon and tunneled the sandstone for two years. They found ancient steps and sealed passages, and no gold. The legend has since attached itself to the drowned ledges of Three Lakes pond, where dive attempts still get talked about and permission never comes.

Where it is

Johnson Canyon and Three Lakes, near Kanab (Kane County, UT)
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The source

https://en.wikipedia.org/wiki/Montezuma%27s_treasure

Nearby

Other places on the map within a couple of hours of here.