Farsighted Falcon, chief of the Lakota, seeks refuge in the Black Hills with his wife Blue Hair and two warriors, sole survivors of their tribe. When they are attacked by the outlaw Bashan, Falcon strikes out for the town of Tanglewood to take on Bashan's boss, mining magnate Harrington.

In the latter half of the 19th century, gold is discovered in the Black Hills, sacred land of the Lakota people. Gold diggers, profiteers and adventurers flock to the region. Among them is the hard-hearted land speculator Bludgeon, who tries to expel the Lakota using brutal methods. Lakota warriors retaliate, and soon the gold diggers' town becomes a battlefield.

Chingachgook, a Mohawk-born Delaware warrior, strives to rescue his wife Wahtawah from the clutches of an enemy camp of Huron. Joined by his trusted huntsman Deerslayer, the two confront racist pioneers and brutal British soldiers in their quest. Deerslayer catches the desire of Judith and thus the jealousy of her suitor, Harry. The action of the story functions like a seesaw, characters continuously traveling back and forth between a house on the lake and the Huron camp until the violent climax.

As American settlers encroach on the lands of the Lakota people, Tokei-ihto witnesses the murder of his father at the hands of Red Fox, who wanted information on where the tribe finds its gold. Two years later, at the height of the Great Sioux War, Tokei-ihto and Red Fox meet again.

This film is one of the most popular pictures of Slovak cinema and relates the story about the legendary folk hero and brigand Juro Jánošík [1688-1713] and the social situation in Slovakia of the late 17th and early 18th centuries. The first part talks about Jánošík's childhood, studies and return to his native village. In the second part Jánošík leaves for the hills, where he organizes his band of brigands and starts an anti-feudal resistance. The film concludes with Jánošík's execution.