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Mistwood Ruins
Just southwest of the Map Stelle, you'll soon find the Mistwood Ruins hidden among the trees and vegetation. A ghost NPC will lead you to these ruins if you examine the spectral candelabra near the watering hole.
This ghost NPC often disappears but will leave glowing footsteps that you can follow. Directly following his tracks can lead you too close to the Runebear that's scratching the tree, so we recommend following him from the opposite side of the main road until you pass the Runebear.
There is another Runebear sleeping inside the ruins, blocking the entrance to the underground cellar. While you can use your summoning ashes to fight them, you can roll down to the basement after attacking them—the Runebear won't be able to follow you down there. Go ahead and loot the Axe Talisman; and make your way out safely.
In addition, the Mistwood Ruins are the starting point for Blaidd Questline. You may hear a distinct howling as you explore the ruins - and it's coming from a character perched on top of the ruins above you. In order to get him down, you may want to check in with Merchant Kale back in West Limgrave's Church of Elleh - he may know just the thing.