This spot along the Madison River matches the discovery photos of where Forrest Fenn's treasure chest was once hidden. Jack didn't leave anything behind so there's nothing to see here anymore besides fallen trees.

I generally followed the clue interpretations and methodology presented by Vertigo:
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The epilogue of Daniel Barbarisi's book outlines a similar solve presented by Cynthia Meachum:
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Additional evidence for Nine Mile Hole being the Forrest Fenn treasure hunt solution:
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