Talisman depicting a blue ancient dragon. Boosts magic damage negation. The ancient dragons, who ruled in the prehistoric era before the Erdtree, would protect their lord as a wall of living rock. And so it is that the shape of the dragon has become symbolic of all manner of protections.

Where to Find the Spelldrake Talisman

You get the Spelldrake Talisman as a reward for defeating the Runebear boss in the Earthbore Cave dungeon, in Weeping Peninsula.