The Takatoot Lake occurrence is situated 800 metres east of Takatoot Lake, approximately 66 kilometres southeast Takla Landing.

The area is underlain by sediments assigned to the Carboniferous to Jurassic Cache Creek Complex in contact with volcanics of the Middle Triassic to Lower Jurassic Takla Group along a north- northwesterly trending section of the Pinchi fault zone. Locally, ultramafic masses, formerly assigned to the Middle Permian to Late Triassic Trembleur intrusions and now termed Mississippian to Triassic Oceanic Ultramafites, have been emplaced within these rocks.

Early reports describe cinnabar mineralization hosted by carbonatized serpentine within the Pinchi fault zone.

An examination of the area in 1983 was unsuccessful in locating the cinnabar showing, although minor chalcopyrite was noted in outcrop (Assessment Report 11698, page 1).