It lies in the southern half of geographic Strathcona Township with its primary inflow being Herridge Creek.

It represents a portion of the Lake Huron drainage basin, a large area where water drains into Lake Huron.

After Iceland Lake drains into Lake Temagami via the South Tetapaga River, the water drains through the Temagami River.

It then enters the Sturgeon River, which empties into Lake Nipissing.

This Northern Ontario geographical article is a stub.