I know this is totally stupid, but I need help with the first part of the hunt. Didn't finish on merc level, but would like to now. I initiated the quest and have found part 2 (according to posts here). Where did I miss the first part?
You can find a walkthrough for the quest [url="http://www.gamebanshee.com/dungeonsiegeii/walkthrough/derustreasurehunt.php"]here[/url].
SWC
Sir Edmund:"Should you obey the lord who asks you to put a village of innocents to the torch? Is that chivalrous? Is it noble?" Me:"It's a great way to get promoted, I know that much."