This prominent peak is situated 13 km (8 mi) southeast of Kaslo on the eastern side of Kootenay Lake.

[4] It is part of the Purcell Mountains and the nearest higher neighbor is Mount Baldr, 5.5 km (3 mi) to the northeast.

[2] Precipitation runoff from the peak's slopes drains west to Kootenay Lake via Loki and Bernard creeks.

The mountain is named for Loki, a mischievous character in Norse mythology able to change his shape and engage in sight-deceiving magic.

[4] Dawson applied names derived from Scandinavian mythology to several of the mountain ranges and peaks in Southern Kootenay.