The Nugget Creek copper anomaly is located on Nugget Creek, approximately 2.5 kilometres southeast of Toquart Lake.

The area is underlain by metavolcanic rocks of the Upper Triassic Karmutsen Formation, Vancouver Group. These consist of massive mafic flows that may be amygdaloidal, fine grained or brecciated. Dikes and/or sills of granodiorite, feldspar porphyry and quartz feldspar porphyry outcrop in the area and likely belong to the Early to Middle Jurassic Island intrusions.

The anomaly has been explored by Electrum Resource Corporation in conjunction with the Lucky occurrence (MINFILE 092F 034), since the early 1990‘s.

Locally, small mineralized outcrops of pyrite and chalcopyrite in Karmutsen basalts, common mineralized float, and geochemical indications in stream sediments and soil samples have been identified.