ID a movie (western, hunt for treasure or a gold mine)

It’s not Treasure of the Sierra Madre or Lust for Gold.

Someone in the Classic Movie Fans Yahoo group is trying to ID this for a friend. The friend thinks the movie was from the 30’s or 40’s. He doesn’t recall any of the actors’ names or character names.

The movie sounds familiar to me too.

Googling “movies with treasure hunts” and “movies with gold mines” didn’t help.

MacKena’s Gold 1969 with Gary Cooper?

Good guess! That was suggested and he said no, because it’s too recent. Also, he says there were no women in the movie he saw (there’s a romance in McKenna’s Gold) and no one survived.

I’m thinking the guy maybe has his movies mixed up. McKenna has the shadow thing going for it, and Sierra Madre has the gold-seekers fighting and killing each other.