G T R : T S X . V G AT G F : O T C Q X G 2 8 : F S E Technical Presentation w w w. g a t l i n g e x p l o r a t i o n . c o m
F O RWA R D - L O O K I N G S TAT E M E N T S This presentation contains certain statements that performance and actual results may differ materially may be deemed “forward - looking statements”. All from those in the forward-looking statements. statements, other than statements of historical fact, Factors that could cause the actual results to differ that address events or developments that Gatling materially from those in forward-looking statements G A T L I N G E X P L O R A T I O N Exploration Inc. expects to occur, are forward- include market prices, exploration and production looking statements. successes or failures, continued availability of capital and financing, inability to obtain required Forward-looking statements are statements that are shareholder or regulatory approvals, and general not historical facts and are generally, but not always economic market or business conditions. identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, Forward-looking statements are based on the “projects”, “potential” and similar expressions, or beliefs, estimates and opinions of Gatling’s that events or conditions “will”, “would”, “may”, management on the date the statements are made. “could” or “should” occur. Nathan Tribble, P.Geo. has approved the information Although Gatling Exploration Inc. believes the contained in this presentation. Mr. Tribble is the expectations expressed in such forward-looking Vice President Exploration with the Company and is statements are based on reasonable assumptions, a Qualified Person as defined by NI 43-101. such statements are not guarantees of future 2 2 GTR:TSX.V GATGF:OTCQX G28:FSE
H I G H - G R A D E G O L D P R O J E C T Prime Jurisdiction Accelerated Growth Path Larder Gold Project, Ontario G A T L I N G E X P L O R A T I O N ✓ Hosts 3 high-grade gold deposits over 4.5km 1 ✓ Mineral Resource Estimate completed 2011 ✓ 60,000m not yet included in Resource Estimate ✓ Historical data bank delivering new success ✓ 2019 drilling connected 2 deposits for continuous 2.5km strike ✓ Established gold camp in a stable jurisdiction ✓ Experienced management and technical team 1 Historical, refer to disclaimer on page 6 3 GTR:TSX.V GATGF:OTCQX G28:FSE
P R O L I F I C A B I T I B I G R E E N S T O N E B E LT >170 Million Oz of Gold Discovered G A T L I N G E X P L O R A T I O N 4 GTR:TSX.V GATGF:OTCQX G28:FSE
K E Y P O S I T I O N Land package includes 9km strike length along the Cadillac- I N A P R O D U C I N G Larder Break, which has seen 70 Moz Au production D I S T R I C T G A T L I N G E X P L O R A T I O N 0 2.5 5 km 5 GTR:TSX.V GATGF:OTCQX G28:FSE
G A T L I N G E X P L O R A T I O N 3 H I G H - G R A D E D E P O S I T S O N A 4 . 5 k m T R E N D Larder Mineral Resource Estimate • L arder hosts 3 high-grade gold deposits: 1 completed 2011 Cheminis, Bear and Fernland along 4.5km. Indicated 43,800 oz Au @4.01 g/t Au • 2019 drilling connected Cheminis and Bear Inferred 917,000 oz Au @5.55 g/t Au for a 2.5km continuous mineralized trend. 1 Disclosure of Historical Estimates*: The Larder Lake Project contains a historical resource estimate with an effective date of June 15, 2011 (report dated August 15, 2011) by P&E Mining Consultants Inc. titled “43 -101 Technical Report and 6 GTR:TSX.V GATGF:OTCQX G28:FSE Updated Resource Estimates on the Larder Lake Property, Larder Lake, Ontario for Bear Lake Gold Ltd.” Gatling considers this resource estimate to be historical; it has not independently verified it, and therefore it should not be considered a current resource. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, and Gatling is not treating the historical estimate as current mineral resources.
E X T E N S I V E D ATA B A N K H A S F A S T - T R A C K E D G AT L I N G S U C C E S S Larder Historical Data • 200,000 m drill results • Property-wide sampling Kir Vit • Property-wide geophysical surveys Gatling Approach • Analysis of data bank by award-winning technical team G A T L I N G E X P L O R A T I O N • Targeted sampling and surveys • 35,000 m initial drill program Gatling 2019 Success • Confirmation of historical zones Bear • Discovery of new lenses • Expansion of deposit footprints Cheminis • Connection of two deposits Swansea • New land and target acquisition Fernland 7 GTR:TSX.V GATGF:OTCQX G28:FSE
G A T L I N G E X P L O R A T I O N F A R L A R G E R S Y S T E M T H A N P R E V I O U S L Y U N D E R S T O O D • Model indicates all three deposits connected • Deposits are open at depth and along strike • Q1 2020 drilling will focus on near surface drilling between Cheminis and Bear and connecting 3 rd deposit for continuous 4.5km strike length 8 GTR:TSX.V GATGF:OTCQX G28:FSE GTR:TSX.V GATGF:OTCQX G28:FSE
D E P O S I T S O P E N A L O N G S T R I K E A N D AT D E P T H CHEMINIS BEAR FERNLAND G A T L I N G E X P L O R A T I O N 750 m LONG SECTION LOOKING NORTH 9 GTR:TSX.V GATGF:OTCQX G28:FSE
2 0 2 0 M O D E L L I N G S I G N I F I C A N T L Y I N C R E A S E D S T R I K E L E N G T H BEAR CHEMINIS Historic Stope (1990’s) ~23K oz Au 2011 HISTORIC RESOURCE MODEL Cheminis Deposit Historic Estimate 2011 Bear Deposit Ind. 43,800 oz at 4.1 g/t Au Historic Estimate 2011 Inf. 233,400 oz at 5.2 g/t Au Inf. 683,000 oz at 5.7 g/t Au G A T L I N G E X P L O R A T I O N FERNLAND BEAR CHEMINIS 2020 MODELLING UPDATE 10 GTR:TSX.V GATGF:OTCQX G28:FSE
F E R N L A N D M O D E L L E D Z O N E S , P L A N M A P A N D C R O S S S E C T I O N Fernland Cheminis Bear 7.6 g/t Au 7.0 m G A T L I N G E X P L O R A T I O N 5.8 g/t Au 3.1 m 6.7 g/t Au 1.2 m 11 GTR:TSX.V GATGF:OTCQX G28:FSE
F E R N L A N D S O U T H Z O N E L O N G S E C T I O N - L O O K I N G N O R T H G A T L I N G E X P L O R A T I O N 12 GTR:TSX.V GATGF:OTCQX G28:FSE
F E R N L A N D 5 cm GTR-19-024 at 81 m – 30.7 g/t Au over 1.0 m South Zone: Foliated mafic volcanic with albite, carbonate and silica alteration with 7-10% disseminated • 1.5km in mineralized strike pyrite. G A T L I N G E X P L O R A T I O N • Over 35,000 meters of historical drilling has GTR-19-024 reflected light intersected values such as 66.5 g/t Au over Pyrite-chalcopyrite- 0.6 m, 4.3 g/t Au over 6.3 m, 4.5 g/t Au over sphalerite mineralization in 4.5 m, and 11.1 g/t Au over 1.6 m. quartz-carbonate vein • 800m west of the Fernland zone is the Omega mine, which has a 585Koz Au resource (2013) and is located on trend of the Larder deposits on the Cadillac-Larder Break GTR-19-024 polished thin section • Gold mineralization occurs in two distinct Hydrothermal alteration includes sericite-rutile- zones: South Flow and North Volcanics chlorite alteration with • Geological units include ultramafics, mafic albitization volcanics and sedminents. • Fernland remains underexplored at depth and along strike 13 GTR:TSX.V GATGF:OTCQX G28:FSE
C H E M I N I S D E P O S I T M O D E L L E D Z O N E S , P L A N M A P A N D C R O S S S E C T I O N Fernland Bear Cheminis 9.5 g/t Au 4.0 m 9.7 g/t Au 4.9 m 12.8 g/t Au G A T L I N G E X P L O R A T I O N 16.6 m 5.3 g/t Au 7.6 m 4.4 g/t Au 3.0 m 14 GTR:TSX.V GATGF:OTCQX G28:FSE
C H E M I N I S D E P O S I T S O U T H Z O N E L O N G S E C T I O N G A T L I N G E X P L O R A T I O N 15 GTR:TSX.V GATGF:OTCQX G28:FSE
C H E M I N I S D E P O S I T 5 cm 5 cm GTR-19-010 at 47 m – 30.6 g/t Au over 1.0 m South Zone: Altered South Flow with quartz-albite- • 1.5km in mineralized strike and 1km at depth and graphite-carbonate alteration with 10-15% disseminated open in all directions pyrite G A T L I N G E X P L O R A T I O N • Cheminis underground infrastructure includes GTR-19-010 polished thin section 3,000m of development with 6 main level and 2 Intensely veined and stopes. Historical production included ~25Koz of altered wall rock showing gold production from the South Flow in the 1990 ’s . secondary albite-quartz- carbonate-rutile and • Gold mineralization occurs in two distinct zones: accessory sulphides South Flow and North Carbonate • The South Flow includes zones of quartz flooding and brecciation with 15-20% disseminated disseminated pyrite with intense silica-sericite alteration Historic estimate of 335,000 tonnes at 4.1 g/t (43,800 • oz) have been classified as Indicated and 1,391,000 Over 87,000 m of historical drilling has been tonnes at 5.2 g/t (233,400 oz) as Inferred (2011, P&E completed on the Cheminis Deposit and gold values Mining) intersected include 6.5 g/t Au over 13.1m and 4.7 g/t Au over 14.3m 16 GTR:TSX.V GATGF:OTCQX G28:FSE
B E A R D E P O S I T M O D E L L E D Z O N E S , P L A N M A P A N D C R O S S S E C T I O N Fernland Bear Cheminis G A T L I N G E X P L O R A T I O N 11.7 g/t Au 6.9 m 9.0 g/t Au 4.1 m 20.7 g/t Au 6.1 m 17 GTR:TSX.V GATGF:OTCQX G28:FSE
B E A R D E P O S I T COMPOSITE LONG SECTION G A T L I N G E X P L O R A T I O N 18 GTR:TSX.V GATGF:OTCQX G28:FSE
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