What you get
Everything below comes on a successful try; a failed try gives nothing.
Loot
| Item | Amount | Chance |
|---|---|---|
 Tinder | 1 | 1 in 195.17% |
 Fragile Totem | 1 | 1 in 195.17% |
Odds and speed
Each tier of axe above the first adds 5 points to the chance of a success.
| Tool | Success per try |
|---|---|
 Copper Axe | 100% |
 Iron Axe | 100% |
 Steel Axe | 100% |
 Morion Axe | 100% |
A tool above the required tier also gives free successes: each tier over the requirement gives one success that does not count toward emptying the spot.
You can also hit it with an axe as your weapon. Every 10 damage counts as one success, with no chance to fail. A hit with the lowest tier does 30 damage (45 with a heavy attack), and up to 51 with a much better tool and 10 levels to spare.
Rules in full: how gathering works.
Where to find it
It is not in the world at the start. It appears with one of these:
Build a Smelter from the Ruins (stage 2), while it runs