The person alleged to have owned the mine apparently does not think it's a rumor
"Well, according to Errol Musk, the unsurprisingly eccentric — and in one major way, extremely creepy — father of Elon, the mine definitely exists. And come to think of it, he'll take that Dogecoin, thanks!
"When I read that, I wondered, 'Can I enter, because I can prove it existed," Errol told The Sun in a new interview, referring to his son's Dogecoin tweet. "Elon knows it's true. All the kids know about it."
https://www.snopes.com/news/2022/11/17/elon-musk-emerald-min...