It is based from the axe you start with in The Forest PC game.
Dmg 11.7 Critical Dmg 40.22 Mini Crit Dmg 17.15 On Armor Diamond Takes Mini crits On Armor Iron Takes Normal Dmg On Armor Gold Takes Critical Dmg And 22.40 Healing (From Iifestal) On Armor None Takes Critical Dmg 40 As Gold You Armored Takes Speed 20