gtr:tsx.v gatgf:otcqx g28:fse - gatling exploration · performance and actual results may differ...

G T R : T S X . VG A T G F : O T C Q XG 2 8 : F S E

w w w . g a t l i n g e x p l o r a t i o n . c o m

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GTR:TSX.V GATGF:OTCQX G28:FSE

This presentation contains certain statements that may be deemed “forward-looking statements”. All statements, other than statements of historical fact, that address events or developments that Gatling Exploration Inc. expects to occur, are forward-looking statements.

Forward-looking statements are statements that are not historical facts and are generally, but not always identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.

Although Gatling Exploration Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future

performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploration and production successes or failures, continued availability of capital and financing, inability to obtain required shareholder or regulatory approvals, and general economic market or business conditions.

Forward-looking statements are based on the beliefs, estimates and opinions of Gatling’s management on the date the statements are made.

Nathan Tribble, P.Geo. has approved the information contained in this presentation. Mr. Tribble is the Vice President Exploration with the Company and is a Qualified Person as defined by NI 43-101.

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F O R W A R D - L O O K I N G S T A T E M E N T S

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H I G H - G R A D EG O L D P R O J E C T

Prime JurisdictionAccelerated Growth Path

Larder Gold Project, Ontario

✓ Hosts 3 high-grade gold deposits over 4.5 km

✓ Mineral Resource Estimate completed 20111

✓ 70,000m 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

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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 L T

>170 Million Oz of Gold Discovered

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K E Y P O S I T I O N I N A P R O D U C I N G D I S T R I C T

Land package includes 9km strike length along the Cadillac-Larder Break, which has seen 70 Moz Au production

0 2.5 5 km

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• Larder hosts 3 high-grade gold deposits: Cheminis, Bear and Fernland along 4.5 km.

• 2019 drilling connected Cheminis and Bear for a 2.5km continuous mineralized trend.

Larder Mineral Resource Estimate completed 2011

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Indicated 43,800 oz Au @4.01 g/t Au

Inferred 917,000 oz Au @5.55 g/t Au

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

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 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.

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Kir Vit

SwanseaFernland

Cheminis

Bear

Larder Historical Data

• 200,000 m drill results

• Property-wide sampling

• Property-wide geophysical surveys

Gatling Approach

• Analysis of data bank by award-winning technical team

• Targeted sampling and surveys

• 35,000 m initial drill program

Gatling 2019 Success

• Confirmation of historical zones

• Discovery of new lenses

• Expansion of deposit footprints

• Connection of two deposits

• New land and target acquisition

E X T E N S I V E D A T A B A N K H A S F A S T - T R A C K E D G A T L I N G S U C C E S S

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• Model indicates all three deposits connected• Deposits are open at depth and along strike• Future drilling will focus on adding continuity between the deposits and near surface


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

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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

CHEMINIS BEAR

Bear DepositHistoric Estimate 2011Inf. 683,000 oz at 5.7 g/t Au

2011 HISTORIC RESOURCE MODEL

Historic Stope (1990’s)~23K oz Au

2020 MODELLING UPDATE

FERNLAND CHEMINIS

BEAR

Cheminis DepositHistoric Estimate 2011Ind. 43,800 oz at 4.1 g/t AuInf. 233,400 oz at 5.2 g/t Au

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750 m

FERNLAND

CHEMINIS BEAR

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 A T D E P T H

LONG SECTION LOOKING NORTH

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D R I L L H O L E H I G H L I G H T S : M U L T I P L E H I G H - G R A D E H O L E S

HOLE IDFROM

(m)TO (m)

LENGTH (m)

AU (g/t)

METAL FACTOR ZONE TARGET

GTR-19-003797.0 803.1 6.1 20.7 126.0 North Bear

808.0 815.0 7.8 6.6 51.0 North Bear

GTR-19-004W 782.0 790.0 8.0 10.8 86.0 North Bear

GTR-19-005W2 788.0 793.0 5.0 12.7 64.0 North Bear

GTR-19-006A750.5 753.5 3.0 9.7 29.0 North Bear

871.0 875.0 4.0 8.5 34.0 South Flow Bear

GTR-19-009 811.0 816.0 5.0 10.6 53.0 North Bear

GTR-19-010 43.0 48.0 5.0 12.3 62.0 South Flow Cheminis

GTR-19-017 910.0 946.8 36.8 1.5 55.0 North Bear/Cheminis

GTR-19-019 839.2 861.0 21.8 1.2 26.0 South Flow Bear/Cheminis

GTR-19-023 264.0 269.0 5.0 11.2 56.0 Ultramafic Bear/Cheminis

GTR-19-024 81.0 85.0 4.0 11.9 47.6 South Fernland

GTR-19-027 72.0 77.0 5.0 5.4 27.0 South Fernland

GTR-19-039A 97.3 137.0 39.7 2.5 99.0 South Cheminis

GTR-19-040 125.0 131.0 6.0 6.1 37.0 Ultramafic Cheminis

GTR-19-041 124.0 151.0 27.0 1.4 38.0 South Cheminis

GTR-20-059 99.0 102.0 3.0 85.1 255.3 North Bear

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K I R V I T : I M P O R T A N T E X T E N S I O N T O L A R D E R L A N D P A C K A G E

HIGHLIGHTS

• High-grade gold at surface in numerous outcrops and historical trenches, pits

• Multiple similarities to nearby deposits including the Porphyry-style mineralization at Agnico Eagle’s Upper Beaver deposit

• High-priority targets identified using same methodology delivering success elsewhere at Larder

• 2020 drilling planned with approx. 3,500 meters

300 m

Strong Chargeability with Planned DDH

Historic Drilling with New Chargeability IP survey indicates success

Porphyry Trend

Conglomerate Trend


K I R V I T TA R G E T I N G

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GTR:TSX.V GATGF:OTCQX G28:FSEGTR:TSX.V GATGF:OTCQX G28:FSE

K I R V I T :

2 0 1 9 D R I L L R E S U L T S

HIGHLIGHTS

• Located 6km north of the Larder deposits

• 13 of 16 completed holes intersected mineralization >1.0 g/t Au

• 2 gold trends identified with a >500m strike

• Both trends are open along strike and at depth

• Drill hole highlights

• 5.9 g/t Au over 3.0 m

• 5.1 g/t Au over 3.0 m

• 4.0 g/t Au over 2.0 m

• 4.2 g/t Au over 1.0 m

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G O I N G F O R W A R D

Ongoing Drill Program

35,000mExploration Goals• Connect all three existing deposits over 4.5km strike • Continue deposit and zone expansion• Test near-surface targets• Test new, untested prospects


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M A N A G E M E N T A N D D I R E C T O R S

Nav Dhaliwal, President, CEO and DirectorMr. Dhaliwal was the founder and CEO of Bonterra Resources and has a strong track record of success in the mining sector. He is an experienced leader and team builder and has an invaluable network of relationships with international analysts, brokers and investment bankers.

Dale Ginn, COOMr. Ginn is an award-winning geologist of nearly 30 years and a highly experienced mining executive. He has founded and run successful exploration and mining companies and has been instrumental in numerous gold and base metal discoveries, many of which are in production today.

Joseph Meagher, CFO and Corporate SecretaryMr. Meagher is a Chartered Professional Accountant (CPA, CA) and serves as CFO and Director for several listed companies. He also possesses the Chartered Director (C.Dir.) designation from The Directors College (a joint venture between McMaster University and The Conference Board of Canada).

Nathan Tribble, VP ExplorationMr. Tribble, P.Geo. (ON) has over 13 years of experience in exploration and mining, with a particular focus on gold and base metals. Past experience includes Senior Principal Geologist for Sprott Mining, Senior Geologist for BonterraResources, Jerritt Canyon Gold, Kerr Mines, Northern Gold, Lake Shore Gold and Vale Inco.

Jody Dahrouge, DirectorMr. Dahrouge is a professional geologist with over 25 years of experience in Canada and internationally, and has a successful background in industrial metals, precious metals, rare metals and uranium exploration and project generation.

Carrie Cesarone, DirectorMs. Cesarone 30+ years in the public markets sector. She worked as a paralegal for Vancouver securities lawyers for 11 years and as an independent contractor for both public and private companies for the past 13 years. Ms. Cesarone holds a Bachelor of Arts degree from Simon Fraser University.

Peter Damouni, DirectorMr. Damouni has 17+ years of experience in senior executive roles in investment banking and capital markets. He has worked on and led over $5 billion of equity and debt financings and has broad experience in equity financing, restructuring and M&A. Mr. Damouni is a graduate of McGill University, Canada.

Richard Boulay, DirectorMr. Boulay has over 40 years of experience in the exploration and mining industries, including 15 years of mining and infrastructure financing experience with Bank of Montreal, Royal Bank of Canada and Bank of Tokyo.

Peter Dickie, DirectorMr. Dickie has over 35 years of experience with public and private corporations, with 25+ years in management positions. He is the former President, CEO and director of NioCorpDevelopments Ltd.

Jason Billan, DirectorMr. Billan is a seasoned strategy, corporate development and valuation professional with a strong track record in the precious metals sector. He holds an MBA from the Richard Ivey School of Business at the University of Western Ontario.

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Share Price C$0.41

Shares Outstanding 62.0 M

Options 6.1 M

Fully Diluted 68.1 M

Mkt Cap. (Basic) ~C$25.4 M

TSX-V: GTR

S H A R E C A P I T A L

August 5, 2020


+1 604 678 5308

+1 855 678 5308

1680 – 200 Burrard Street

Vancouver, BC V6C 3L6

www.gatlingexploration.com

[email protected]

GTR:TSX-V GATGF:OTCQX G28:FSE

August 7, 2020

gtr:tsx.v gatgf:otcqx g28:fse - gatling exploration · performance and actual results may differ...

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