The Toqui Formation is a rock formation in the Aysén region of Southern Chile, near the town of Mallín Grande, about 80km West of Chile Chico.
The Toqui Formation contains fossils from the Late Jurassic period, most famously the numerous specimens of Chilesaurus diegosuarezi, but also other dinosaurs that are not yet named.
Toqui is a Mapudungun word meaning "axe" or "axe-bearer". It was a title used by the Mapuche people, and was given to people who were chosen to be leaders in times of war.