TSX.V:GBR | OTC: GTBDF TSX.V:GBR | OTC: GTBDF Advancing High Grade Gold Assets in Red Lake, Ontario Corporate Presentation, September 2018
Forward Looking Statement TSX.V:GBR | OTC: GTBDF Except for historical information contained herein, this presentation may contain forward-looking statements including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherit risks and uncertainties. Although Great Bear Resources Ltd. (GBR) believes that such expectations are reasonable, there can be no assurance that such expectations will prove to be correct, and therefore actual results may differ materially from those currently anticipated in such statements. You are cautioned not to place undue reliance on any such forward looking statements, whether made in this presentation or in any question and answer period related to this presentation. Qualified Person R. (Bob) Singh, P.Geo, is the Qualified Person as defined by NI 43-101 standards responsible for reviewing the technical content of this presentation. 2
Red Lake: High grade from surface gold TSX.V:GBR | OTC: GTBDF Northwest) 3
Dixie Project, Red Lake, Ontario TSX.V:GBR | OTC: GTBDF • Great Bear buying 100% interest for remaining cash payments of $150,000 spread over 4 years • Expanded land package to 13,000 Ha • Great Bear owns NSRs on project • High grade, from surface gold with road access in Red Lake district 4
Dixie Project, geology & location TSX.V:GBR | OTC: GTBDF • Similar geological setting to the active mine and exploration projects (Mafic-Felsic sequences) within the Red Lake Greenstone Belt (RLGB) • Zones occur in folded and thinned areas of the greenstone, near sedimentary sequences (unconformity). Dixie property lies in transition zone between the RLGB and the Birch-Uchi greenstone belt 5
High grade gold mineralization TSX.V:GBR | OTC: GTBDF • Historic drilling tested numerous zones and Dixie Project – Historic Drilling intersected significant gold mineralization including the Hinge Zone, Dixie Zone (formerly From To Width Gold Hole Area (m) (m) (m) (g/t) called the 88-4) and the south limb. DC-10-07 181.83 182.30 0.47 163.75 Hinge Zone DC-10-07 and 201.12 203.12 2.00 32.65 Hinge Zone • Drilling targeted geochemical anomalies, DC-10-07 including 202.12 203.12 1.00 61.97 Hinge Zone geophysical anomalies (ground mag and IP). DC-10-07 and incl. 199.30 203.12 3.82 17.22 Hinge Zone DC-08-01R 127.60 129.80 2.20 17.20 Hinge Zone DC-08-01R Including 127.60 128.90 1.30 22.93 Hinge Zone • Only limited drilling targeted down-plunge high DC-18-07 156.83 158.17 1.34 7.04 Hinge Zone grade mineralization. DC-18-07 Including 157.80 158.17 0.37 24.41 Hinge Zone DL-04-06 333.33 345.67 12.34 7.54 Dixie Zone DL-04-06 Including 335.42 342.49 7.07 12.26 Dixie Zone DL-04-06 and incl. 335.42 336.88 1.46 40.27 Dixie Zone DL-89-9 49.83 52.66 2.83 15.56 Dixie Zone DL-89-9 Including 51.48 52.66 1.18 30.58 Dixie Zone DL-11-05 132.2 138.5 6.3 10.78 Dixie Zone DL-11-05 including 134.7 138.5 3.8 14.76 Dixie Zone DL-11-05 and incl. 135.8 137.00 1.2 30.48 Dixie Zone DL-03-08 123.80 129.05 5.25 7.44 Dixie Zone DL-03-08 Including 124.36 129.05 4.69 8.09 Dixie Zone DL-03-08 and incl. 127.19 127.76 0.57 39.70 Dixie Zone DL-03-08 and incl. 127.19 129.05 1.86 14.64 Dixie Zone DL-04-04 Including 229.07 232.15 3.08 13.63 Dixie Zone DL-04-04 and incl. 230.05 232.15 2.10 18.46 Dixie Zone DL-04-04 and incl. 230.82 232.15 1.33 23.32 Dixie Zone DC-04-07 216.00 218.00 2.00 5.02 South Limb DC-04-07 including 217.00 218.00 1.00 9.01 South Limb 6
Great Bear Drilling 2017 TSX.V:GBR | OTC: GTBDF Dixie Project – 2017 Drilling by GBR • In 2017 Great Bear drilled a high grade gold zone at the Dixie Project with intercepts as high as 16.84 g/t From To Width Au Au over 10.4 metres Hole Number (m) (m) (m)* (g/t) • 1,000 metres in 8 drill holes 136.4 141 4.6 4.07 DL-001 • Identifies structural control to the gold mineralization including 140.5 141 0.5 10.5 122 128.5 6.5 1.33 • Identifies widespread silica/sulphide replacement DL-002 including 124.5 125.7 1.2 3.06 along structure – host to high grade gold 53.25 67 13.75 2.11 DL-003 including 60.3 61.3 1.00 6.35 • Gold occurs in multiple rock units and is not restricted 56.2 62.5 6.3 5.56 to a particular lithology or vein set DL-004 including 59.5 60.5 1.00 8.33 162.6 173 10.4 16.84 including 164.6 172.45 7.85 21.53 DL-005 and including 170.75 172.45 1.7 82.54 and including 171.4 172.45 1.05 130.1 64.6 73.95 9.35 1.56 DL-006 including 72.1 72.8 0.7 3.66 74.8 82.9 8.1 1.6 including 77.3 78.3 1.00 5.23 DL-007a and 89.8 116.3 26.5 1.3 including 97.3 100.3 3.00 5.25 175.5 182 6.5 1.09 DL-008 including 181.4 182 0.6 7.12 7
Great Bear Drilling 2018 TSX.V:GBR | OTC: GTBDF 2018 Highlights: Dixie Project – 2018 Drilling by GBR Vertical From To Width Gold Drill Hole Target Depth (m) (m) (m) (m) (g/t) • Drill results from 10 drill DNW-001 37.8 52.6 58.2 5.6 3.52 DNW-001 including 56.8 58.2 1.4 12.74 holes as of June DNW-001 and including 56.8 57.3 0.5 23.3 1.6 km Step-Out DNW-001 and including 57.7 58.2 0.5 12.2 DNW-002 55.3 67.5 69.7 2.2 3.86 • 3,000 metres in 15 DNW-002 including 68.7 69.7 1.0 8.28 drillholes DNW-003 117.1 152.8 154 1.2 1.33 850 m Step-Out DL-011 232 279 284.85 5.85 2.25 DL-011 including 280.5 281.5 1.0 5.36 DL-011 and including 283.9 284.85 0.95 4.93 DL-012 115.6 133.5 143.5 10 2.29 Main Drill Area DL-012 including 140 143.5 3.5 4.25 DL-012 and including 142.5 143.5 1.0 9.65 DL-012 and including 142.5 143.5 0.5 12.1 Note: Drill location and gold DL-013 39.5 47.7 88 40.3 1.73 interval start depth are DL-013 including 47.7 50 2.3 6.01 DL-013 including 58 70.3 12.3 3.13 provided. All intervals are DL-013 including 60.15 62 1.85 5.85 drill indicated core length DL-013 including 67 69 2.0 6.38 Near-Surface of DL-014 52.1 57.5 65.9 8.4 1.9 and do not represent Main Drill Area DL-015 56.7 63 70.9 7.9 2.69 true thicknesses. DL-015 including 67.8 70.3 2.5 7.17 DL-016 52 68 86.5 18.5 1.09 DL-016 including 83.1 86 2.9 2.84 DL-016 and including 84.6 85.5 0.90 4.01 DL-017 139.5 140.3 0.80 10.50 Main Drill Area 8
Great Bear Drilling 2018 TSX.V:GBR | OTC: GTBDF 2018 Highlights to date: Drill Hole From (m) To (m) Width (m) Gold (g/t) 118.3 141.15 22.85* 19.33 Drill results from new including 124.8 141.15 16.35 26.91 discovery holes DHZ-003 including 124.8 137.10 12.30 34.00 including 132.05 137.10 5.05 51.39 announced Aug 22 in Hinge including 127.10 128.10 1.00 112.63 Zone the Hinge Zone: 124.50 131.50 7.00 44.47 including 124.50 128.30 3.80 81.09 DHZ-004 including 124.50 126.50 2.00 143.25 DHZ-003 including 125.50 126.50 1.00 224.03 16.35 m of 26.91 g/t Au DHZ-004 Drill Hole From (m) To (m) Width (m) Gold (g/t) Comment 7.00 m of 44.47 g/t Au 188.50 198.00 9.50 3.60 DL-021 including 193.00 198.00 5.00 5.48 Main DLZ including 194.65 195.15 0.50 19.03 All intervals are drill 73.25 76.45 3.20 1.71 DNW-004 including 75.95 76.45 0.50 9.02 indicated, as there has Northwest DNW-005 83.40 84.40 1.00 1.22 Step-out been insufficient drilling DNW-006 60.00 62.00 2.00 0.53 DNW-007 93.30 94.70 1.40 0.21 in the Hinge Zone to define true thicknesses. *The interval contains a 2.75 m section of 0.02 g/t gold from 129.00 m to 131.75 m. 9
Great Bear Drilling 2018 in Progress TSX.V:GBR | OTC: GTBDF 2018 Highlights to date: 5,000 metres in 23 holes, Dixie Limb Zone now 2.3km strike. Total drilling with historic: 30,000 metres in 198 holes Hinge Zone DHZ-003 16.35 metres of 26.91 g/t Au -- Incl. 5.05 m of 51.39 g/t Au --and Incl. 1.0 m of 112.63 g/t Au DHZ-004 (15 m vertically below DHZ- 003) 7.00 m of 44.47 g/t Au -- Incl. 2.00 m of 143.24 g/t Au, -- Incl. 1.00 m of 224.03 g/t Au DHZ-002 17.18 g/t Au over 1.7m -- Incl. 46.3 g/t Au over 0.60m DHZ-001 10.15 g/t Au over 1.25m Hanging Wall Zone DL-009 12.41 g/t Au over 1.5m -- Incl. 30.20 g/t Au over 0.55m DLZ 1.6km Step Out DNW-001 12.74 g/t Au over 1.7m 10
Cross Section of Dixie Limb Zone TSX.V:GBR | OTC: GTBDF Cross section through the Hinge Zone, showing drill results to-date. Looking East. Note: Historical drill core includes unsampled intervals where indicated. Interpreted mineralized zone boundaries are shown. 11
Dixie Project geology & structure TSX.V:GBR | OTC: GTBDF Visible gold in DHZ-003 DHZ 003 alteration, annotated Visible gold in hole DL-009 at the rhyolite contact 12
New airborne geophysics TSX.V:GBR | OTC: GTBDF Airborne magnetic data highlights known zones and continuity of known zones into areas were historical drilling has identified gold mineralization 13
Dixie Project gold zones plan map TSX.V:GBR | OTC: GTBDF Key geological controls recognized in 2017 drilling, core-relogging and 3D geological modelling Interpretation suggests multiple parallel zones with fold relationships. Historic work focussed primarily on iron formations and quartz veins – current work will focus on structure and hydrothermal replacement zones 14
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