Vaygach Island is mainly formed of argillaceous slates, sandstone, and limestone. There are many rivers about in length, swamps, and small lakes on the island. For the most part it consists of tundra. Slight rocky ridges run generally along its length, and the coast has low cliffs in places. The island consists mostly of limestone, and its elevation above the sea is geologically recent. Raised beaches are frequent. The rocks are heavily scored by ice, but this was probably marine ice, not that of glaciers. The only settlement on the island is Varnek.