Gamètì, according to the Prince of Wales Northern Heritage Centre means "rabbit-net lake".

[11] The area is within the traditional territory of the Tłı̨chǫ (Dogrib) First Nations and was a popular hunting camp prior to permanent settlement.

Gamètì was established during this time, although in more recent years it too has become a modern community with essential services of its own.

There is a daycare in the Gamètì and the Jean Wetrade School that provides education up to grade 12, along with a community learning centre.

Other services include a post office, a two-member RCMP detachment, a health centre, with one nurse and the Rae Lakes General Store.