The Toq 3 occurrence is located on the Toquart River, approximately 2 kilometres north of Toquart Lake.

Locally, veins of quartz, epidote and calcite, up to 30 centimetres wide, occur in intermediate volcanics of the Upper Triassic Karmutsen Formation, Vancouver Group. These veins carry blebs of chalcopyrite and traces of malachite and galena. One sample assayed 0.48 per cent copper (Assessment Report 18567).

The occurrence has been explored in conjunction with the nearby Lucky occurrence (MINFILE 092F 034). In 1991 and 1992, a zone of highly sulphidized felsic rocks was discovered using geophysical techniques on the TOQ grid. Between 1992 and 1994, Electrum Resources completed various programs of geochemical sampling. Between 1995 and 1997, Consolidated Logan Mines Ltd. optioned the project from Electrum and performed VLF-EM surveys and five diamond drill holes on the TOQ grid. Between 1999 and 2011, Electrum continued programs of prospecting, geological mapping and geochemical sampling.