Prskalo is located in the area of the village of Resavica, well known for its coal mine. On the left side of the waterfall, there is a narrow path, that leads to the spring of the river Nekudovo. The spring is 50 m away from the waterfall. Under a huge rock, at the bottom of the canyon, the river Nekudovo sinks.

The waterfall originates from a small river named Vrelo, the right tributary of the Resava river. It's located at more than 1,000 feet (380 meters) above sea level and is 82 feet (25 meters) tall. The waterfall is one of the largest in all of Serbia and was formed due to natural sinter (tufa) accumulation. A shallow pond with crystal clear turquoise water forms at the foot of the falls, surrounded by tufa blocks.

The spring is not only a source of Vlach myths and legends. It's also an ecological oasis. The hypnotizing turquoise water is surrounded by plants, their branches descending into the cold water like the arms of great forest guardians. Above the lake rises a picturesque cave, fulfilling the fairy tale-like backdrop.