It certainly appears to be a T frame. The running board braces and battery box frame clearly identifiable along with the rear spring arch. Car or truck??? Is this in a river bed?
That's more than what's needed to start a new project!
There may be a whole car down there.
Reminds me of the joke about the hat found in the desert after the sand storm.....
Here in Minnesota, with the economy the way it is, you'd be lucky to get $10,000.00 for it. And of course it depends what years it was from. Is there a VIN stamped on it?