Someone will have to make a Navigation roll at night once the stars are out so we know 100% where we are. But from the sounds of things, this is a desolate rock off the coast of Norsca and it's so cold that we have to make toughness checks not to freeze to death. Nevermind the fact that it'll get raided pretty quickly once word spreads that the Big Kahuna of the place (the wizard) got jointed, but now its occupants are mostly defenseless refugee's/kids, it'll be ripe pickings.
So I reckon that, if we're successful, we plunder it and carve off as much marble as we can and then burn the place down and set sail for the closest civilized land.