Originally posted by mirina82:

Originally posted by GunsForBucks:

You must equip it. <just in case>
It should only ping when close to a node.<or something of value buried>

If it won't work just make sure you are at a high enough altitude and look for 3 way humps in the snow and just dig.

yep, it was equiped.
thank you for the hint! I'll try different mountains.

Cheers!
If you find stone golems you can be 95% sure there is silver around... certainly at that altitude or higher.