Management of virtual target storage resources by use of an access control list and input/output queues

Provided are a computer product, method, and system to virtualize target system storage resources as virtual target storage resources. Target storage resources available at a target system are discovered over a network. A configuration is determined of virtual target storage resources mapping to the target storage resources for a host node. The configuration is registered with a virtual target. The configuration maps the virtual target storage resources to the target storage resources at the target system and an access control list of the host node allowed to access the virtual target storage resources. A query is received from the host node for the target storage resources the host node is permitted to access according to the access control list. Host discovery information is returned to the requesting host node indicating the virtual target storage resources the requesting host node is provisioned to access from the virtual target.