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Advancing High Grade Gold Assets in Red Lake, Ontario Corporate - - PowerPoint PPT Presentation

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


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Advancing High Grade Gold Assets in Red Lake, Ontario

Corporate Presentation, September 2018

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Forward Looking Statement

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

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Red Lake: High grade from surface gold

Northwest)

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Dixie Project, Red Lake, Ontario

  • 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

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Dixie Project, geology & location

  • 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

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High grade gold mineralization

  • Historic drilling tested numerous zones and

intersected significant gold mineralization including the Hinge Zone, Dixie Zone (formerly called the 88-4) and the south limb.

  • Drilling targeted geochemical anomalies,

geophysical anomalies (ground mag and IP).

  • Only limited drilling targeted down-plunge high

grade mineralization.

Hole From (m) To (m) Width (m) Gold (g/t) Area 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 DC-10-07 including 202.12 203.12 1.00 61.97 Hinge Zone 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 DC-18-07 156.83 158.17 1.34 7.04 Hinge Zone 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

Dixie Project – Historic Drilling

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Hole Number From (m) To (m) Width (m)* Au (g/t) DL-001 136.4 141 4.6 4.07 including 140.5 141 0.5 10.5 DL-002 122 128.5 6.5 1.33 including 124.5 125.7 1.2 3.06 DL-003 53.25 67 13.75 2.11 including 60.3 61.3 1.00 6.35 DL-004 56.2 62.5 6.3 5.56 including 59.5 60.5 1.00 8.33 DL-005 162.6 173 10.4 16.84 including 164.6 172.45 7.85 21.53 and including 170.75 172.45 1.7 82.54 and including 171.4 172.45 1.05 130.1 DL-006 64.6 73.95 9.35 1.56 including 72.1 72.8 0.7 3.66 DL-007a 74.8 82.9 8.1 1.6 including 77.3 78.3 1.00 5.23 and 89.8 116.3 26.5 1.3 including 97.3 100.3 3.00 5.25 DL-008 175.5 182 6.5 1.09 including 181.4 182 0.6 7.12

  • In 2017 Great Bear drilled a high grade gold zone at

the Dixie Project with intercepts as high as 16.84 g/t Au over 10.4 metres

  • 1,000 metres in 8 drill holes
  • Identifies structural control to the gold mineralization
  • Identifies widespread silica/sulphide replacement

along structure – host to high grade gold

  • Gold occurs in multiple rock units and is not restricted

to a particular lithology or vein set Dixie Project – 2017 Drilling by GBR

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Great Bear Drilling 2017

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2018 Highlights:

  • Drill results from 10 drill

holes as of June

  • 3,000 metres in 15

drillholes Note: Drill location and gold interval start depth are

  • provided. All intervals are

drill indicated core length and do not represent true thicknesses.

Dixie Project – 2018 Drilling by GBR

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Drill Hole Vertical Depth (m) From (m) To (m) Width (m) Gold (g/t) Target DNW-001 37.8 52.6 58.2 5.6 3.52 1.6 km Step-Out DNW-001 including 56.8 58.2 1.4 12.74 DNW-001 and including 56.8 57.3 0.5 23.3 DNW-001 and including 57.7 58.2 0.5 12.2 DNW-002 55.3 67.5 69.7 2.2 3.86 DNW-002 including 68.7 69.7 1.0 8.28 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 Main Drill Area 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 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 DL-013 39.5 47.7 88 40.3 1.73 Near-Surface of Main Drill Area DL-013 including 47.7 50 2.3 6.01 DL-013 including 58 70.3 12.3 3.13 DL-013 including 60.15 62 1.85 5.85 DL-013 including 67 69 2.0 6.38 DL-014 52.1 57.5 65.9 8.4 1.9 DL-015 56.7 63 70.9 7.9 2.69 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

Great Bear Drilling 2018

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Drill Hole From (m) To (m) Width (m) Gold (g/t) DHZ-003 118.3 141.15 22.85* 19.33 Hinge Zone including 124.8 141.15 16.35 26.91 including 124.8 137.10 12.30 34.00 including 132.05 137.10 5.05 51.39 including 127.10 128.10 1.00 112.63 DHZ-004 124.50 131.50 7.00 44.47 including 124.50 128.30 3.80 81.09 including 124.50 126.50 2.00 143.25 including 125.50 126.50 1.00 224.03

2018 Highlights to date:

Drill results from new discovery holes announced Aug 22 in the Hinge Zone: DHZ-003 16.35 m of 26.91 g/t Au DHZ-004 7.00 m of 44.47 g/t Au All intervals are drill indicated, as there has been insufficient drilling 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.

Great Bear Drilling 2018

9 Drill Hole From (m) To (m) Width (m) Gold (g/t) Comment DL-021 188.50 198.00 9.50 3.60 Main DLZ including 193.00 198.00 5.00 5.48 including 194.65 195.15 0.50 19.03 DNW-004 73.25 76.45 3.20 1.71 Northwest Step-out including 75.95 76.45 0.50 9.02 DNW-005 83.40 84.40 1.00 1.22 DNW-006 60.00 62.00 2.00 0.53 DNW-007 93.30 94.70 1.40 0.21

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10 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

Great Bear Drilling 2018 in Progress

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Cross Section of Dixie Limb Zone

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.

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Dixie Project geology & structure

DHZ 003 alteration, annotated Visible gold in DHZ-003 Visible gold in hole DL-009 at the rhyolite contact

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New airborne geophysics

Airborne magnetic data highlights known zones and continuity of known zones into areas were historical drilling has identified gold mineralization

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Dixie Project gold zones plan map

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

  • n iron formations

and quartz veins – current work will focus on structure and hydrothermal replacement zones

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Long Section

  • Great Bear carried out

significant data validation, 3D modelling, core re- logging and sampling prior to initiating the drill program.

  • Long section looking

northeast shows four steeply plunging higher grade gold zones which are

  • pen at depth and along

strike

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Long Section

At scale side by side comparison of the McVeigh Zone at Madsen

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On Strike Potential

Airborne Geophysics and 3D modeling

  • 3D perspective view

looking northwest shows strong correlation between known mineralized zones and geophysical response. Several km’s of strike length undrilled. Depth potential is not tested. Fold hinge depth is untested.

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Geochemical data

  • Great Bear completed

near total digestion ICP work on all core

  • samples. In 2017

100% of the drill core was sampled.

  • Multi-element data

collected by Great Bear in 2017 suggest at least two different rock units are altered and contain

  • gold. Mafic and

Sedimentary rocks identified in both hand sample and geochemistry appear to be altered and mineralized.

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West Madsen project, Red Lake, Ontario

  • Great Bear buying 100% interest for

remaining cash payments of $124,000 spread over 4 years & 100,000 common shares

  • Expanded land package to 3860 Ha
  • Great Bear has purchased all

royalties for 200,000 commons shares

  • West Madsen on strike

to Historic madsen and Starratt-Olsen mines, directly contiguous to Pure Gold’s Madsen property

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West Madsen project (100%)

Within Greenstone belt host to the adjacent historical Madsen and Starratt-Olsen mines Recent eastern expansion of Block A of 725 ha to 2725 hectares for all West Madsen claims Results from neighboring Pure Gold’s Madsen include: Pure Gold’s Wedge Zone (adjacent to GBR’s West Madsen Block “A”)

  • 33.3 g/t Au over 8.3m
  • 21.3 g/t Au over 10.3m
  • 22.5 g/t Au over 2m
  • 15.1 g/t Au over 5.4m
  • Incl. 69.2 g/t Au /1m
  • 9.8 g/t Au over 3m

Other Pure Gold Zones

  • 28.2 g/t Au over 7m
  • 26.4 g/t Au over 12.7m
  • 27.1 g/t Au over 5.8 m
  • 126.6 g/t Au over 3.7 m
  • 34.0 g/t Au over 11.0 m
  • 25.4 g/t Au over 8.0 m

Pure Gold’s Wedge Zone

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Exploration Program

Great Bear controls 13,000 hectares in Red Lake across two properties. 100% earn in – royalty free – remaining payments of $150,000

  • ver 4 years.
  • 2017 – 1,000 metres

drilled (8 holes), airborne geophysics

  • ver entire property,

mapping, prospecting and rock sampling

  • 2018 – 10,000 metre

drill program (40-50 holes) over Dixie Project

2018 Drill Area

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Financial

Shares outstanding | 23.2M Options | 1.9M Warrants | 10.4M at $0.20 - $0.70

Management and Board

Chris Taylor, M.Sc., P.Geo. Director, President and CEO Bob Singh, B.Sc., P.Geo. Director, VP Exploration Rob Scott, CFA, CA Chief Financial Officer David Terry, Ph.D., P.Geo. Director Doug Ramshaw, B.Sc. (ARSM) Director Tony Ricci, CPA, CA Director Advisors to the Board John Robins, P.Geo Founder Hunter Exploration, Stornaway Diamonds, Kivalliq Energy, North Country Gold and Kaminak Gold (sold to Goldcorp). Jim Paterson, B.Comm 20 years of corporate activities/finance including Kaminak Gold, Kivalliq Energy

Corporate Office

Suite 1020 800 W. Pender St. Vancouver B.C. Canada, V6C 2V6

Investor Relations

Knox Henderson (604) 551-2360 khenderson@greatbearresources.ca

2018-08-22 – Great Bear Corp Pres –Aug 2018 – Low Res