New geological, mineralogical, geochemical, and geochronological data have been obtained for Li-bearing pegmatites from the Tochka deposit located within the Karagoin–Saryozek zone in East Kazakhstan. Earlier, the exploration works in this zone were carried out to detect only Ta and Sn mineralization, but other ores (including Li) were not considered. The estimation of lithium resources in pegmatites from the area was methodologically imperfect. Previously, it was believed that the formation of rare-metal pegmatite veins was associated with Late Carboniferous Na-granites. The obtained geological observation confirms that the ore-bearing rare-metal pegmatites at the Tochka deposits cut the Late Carboniferous Na-granites and do not cut the Early Permian Kalba granites. The associations of the accessory minerals in host hornfels, Na-granites, and rare-metal pegmatites are different and the accessory minerals in pegmatites are similar to the accessory minerals in the Kalba granites. Geochemical data show that the behavior of rare elements (Ba, Th, HFSE, and REE) and the levels of accumulation of rare metals prove that pegmatites are similar to the product of the differentiation of the granitic magmas of the Kalba complex. The 40Ar/39Ar muscovite age of the Tochka pegmatites (~292 Ma) fits the age range of the Kalba granite complex. Based on the main principles of the generation of rare-metal pegmatites, the Tochka pegmatites formed during the fluid–magmatic fractionation of magma in large granitic reservoirs of the Kalba complex. The Karagoin–Saryozek zone—located between several large granite massifs of the Kalba complex where host rocks play a role as a roof—may be very promising for rare-metal pegmatite mineralization.