It's mostly rocky and its peak is accessible by road. It's the location of a Pandak "Baby" Panay Statue, which appears and is torn down during the mission "O Panay Redentor". The top of the mountain also has a stunt-ramp to jump with vehicles. Its top reaches to 370 meters above sea level (As confiremd by parachute climbing).
The mountain's name is a reference to the Corcovado Mount above Rio de Janeiro, along with the statue of Pandak Panay being the equivalent of the Christ Redentor.
It's located in Selatan Archipelago at about X:21160; Y:29620.