The Ormond 3 occurrence is located on the eastern side of Flores Island, near a small lake and creek that flows into the south western end of Matilda Inlet.

The area is underlain by metamorphosed, locally foliated volcanic rocks, volcanoclastics and minor bands of garnetized limestone and chert of the Paleozoic-Mesozoic Westcoast Complex occur near diorite of the Eocene Catface Intrusions.

The Minister of Mines Annual Report for 1916 describes the mineralization as occurring in a garnet-epidote-calcite-quartz breccia hosted by porphyritic igneous rocks. The Minister of Mines Annual Report cites 5.0 per cent copper and 102.8 grams per tonne silver.

Locally, as identified from old trenches, massive dark green mafic volcanics with occasional felsic breccia fragments of the Paleozoic-Mesozoic West Coast Complex host massive lenses, fracture fillings and disseminations of pyrite, pyrrhotite and chalcopyrite, with secondary azurite and malachite. The zone is exposed over a strike length of approximately 35 metres and from a few metres to 30 metres in width. Along strike to the west the zone is reported to be covered by overburden. In 1981, a sample assayed 6.07 per cent copper and 126.9 grams per tonne silver (Assessment Report 9658).

The occurrence has been explored intermittently since its discovery in 1902. In 1962, Van-West Minerals completed a induced polarization survey on the area as the Contact and Ormond claims. In 1969, Falconbridge completed a program of silt and soil sampling and the area as the Flo group. In 1979 and 1981, Clear Mines completed programs of geological mapping, rock and soil sampling and airborne geophysical surveys on the area. In 1987 and 1988, Parallax Development completed programs of geochemical sampling, geological mapping, an induced polarization survey and twenty-eight diamond drill holes, totalling 2538.1 metres on the area as the Contact and Au claims.