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On Ivanwood Marsh - Opening Shore location there is a fake grave with notes on how to find a real one:
"Further west and then south is the way." also it says that the way is hidden - "Don't trust your eyes".

There is another note further in game about hidden stash in wood near the river, I think it's the same location.

I've run across all the screens and can't find it. Could someone help me?

P.S. And maybe it's a stupid question but how do I know where is south if there is no compass?
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Found it!

Read message through one more time and noticed it saying `further west`, so I was already going west that gave me a direction :)