3 Which she had gathered in a shady glade 4 Of the Riphaean hills, to her revealed

Riphaean hills > {The mountains in Scythia, i.e. northern Europe and
Asiatic Russia}

5 By errant sprites, but from all men concealed:

errant > wandering

6 The same she tempered with fine mercury,

tempered > blended mercury > (Formerly numbered among the five elementary "principles" of which all matter was said to be composed; also called "spirit". According to Paracelsus, mercury is one of three basic components of man. Mercury was also a symbol of sprightliness, volatility, and inconstancy)

7 And virgin wax, that never yet was sealed,

sealed > [used for sealing]

8 And mingled them with perfect vermilion,

vermilion > {Cinnabar, red crystalline mercuric sulphide, used in the manufacture of red sealing-wax: it is the ore from which most of the world's mercury is derived}