10 years have passed since Jim Hawkins sailed with Long John Silver. Jim is the newly appointed agent to a Jamaican plantation.But with the reappearance of Long John Silver and yet another map of Treasure Island, plans for their voyage are altered.

The Crew gets wind of the treasure and sets about on a mutiny scheme. Long John and Jim Hawkins are set adrift in a small boat.

Jim Hawkins and Long John Silver, having been set adrift, reluctantly approach an island paradise reputedly overrun with madmen.

Danger befalls Jim and Long John when they are captured by Spanish soldiers. After a daring escape, they head for their initial destination, Jamaica, where they first confront the island's corrupt and power hungry governor.

Jim Hawkins is wrongly accused of murder by corrupt Jamaican leaders. Forced to flee the law, he discovers that the island's corruption extends even to its governor. With help from some surprising new allies, he escapes the island but is forced to surrender his map to Jamaican enemies.

On board his escape vessel he comes face to face with Long John Silver again. Leaving Silver off on an island of pirates, the ship is waylaid when all its passengers are captured and taken prisoner.

They set sail and Silver discovers that his plan failed.Tricked, he ends up in irons with Jim.

Long John Silver rescues Jim from prison; during their escape, Silver is determined to steal a huge amount of gold.

The escapees reach Treasure Island, where double dealing abounds before the climax of their arduous search.