1. Talk to Elder Keef in the elder building in the southwest of the Dwarven Village. 2. Hunt Blade Bats (level 10 passive) and Barbed Bats (level 12 passive) and collect collect 100 Bat Fangs. You can find them in the mine, or you can use the gatekeeper to goto the Dwarf Coast. There are Barbed Bats immediately to the west, and Blade Bats a little farther west. 3. Give the fangs to Elder Keef. Note that if you wish to do the lvl 15 quest, you MUST keep the ring. Reward: The first time the reward is 60 SP and a Ring Of Racoon. If repeated you get 60 SP and 2400 adena.