This time Tom Swift is off to Alaska to hunt for the valley of gold. His friend Abe Abercrombie, an old miner, claims to know approximately where it lies: "up where the icebergs and caves of ice are." But he needs Tom and his airplane to help him locate the exact spot. Unknown to Tom, his chief rival, Andy Foger, gets wind of the project and vows to beat Tom to the prize. Unknown to both are the Alaskan natives who will kill to protect their gold...