The lake is part of the Woody River Block of Porcupine Hills Provincial Park[2] and is situated in boreal forest[3] surrounded by hills, other small lakes, and muskeg.

[5] To the east of the lake is Spirit Mountain,[6] which rises almost 800 metres (2,600 ft) above sea level.

Prior to the formation of Porcupine Hills Provincial Park in 2018, the park on Smallfish Lake was part of a provincial recreation site called Woody River Recreation Site.

At this site there is a small campground, boat launch, picnic area, fish cleaning station, and lake access.

[8][9] Fish commonly found in the lake include walleye, perch, white sucker, and northern pike.