You have found a water node. You can build a well on water nodes.
You will probably have to explore further in whichever direction you wish.
Continue prospecting until you find ore node -

- ore node.jpg (3.36 KiB) Viewed 1665 times
You MAY find a copper node -

- copper node.jpg (3.33 KiB) Viewed 1665 times
Information on prospecting and nodes can be found here:
http://salemwiki.info/index.php/ProspectingOnce you have found a node on which you wish to build a Mine Entrance, see this thread for guidance on flattening and/or converting the area to dirt:
http://forum.salemthegame.com/viewtopic.php?f=5&t=8833If you are using the Ender or Latikai client, you can edit the radar.xml file to have ore and copper nodes displayed on the in-game radar. Check out these posts:
Radar Config for Copper and Ore nodes
https://forum.salemthegame.com/viewtopic.php?f=5&t=6181&start=10#p74224General Tips for radar.xml config
http://forum.salemthegame.com/viewtopic.php?f=11&t=4734Happy Salem!