Great Bear Exploration Ltd · ASX:GBL
Great Bear Exploration — Investor Presentation (April 2026)
20 slides from Great Bear Exploration's investor presentation, Apr 10, 2026
Slide 1: Great Bear Cu-Au-Ag-U Project
Hydrocarbon Dynamics Limited to be renamed Great Bear Exploration Limited (the Company) For personal use only GREAT BEAR CU-AU-AG-U PROJECT Northwest Territories, Canada GREATBEAREXPLORATION.COM ASX: GBL
Slide 2: Disclaimer & Forward Looking Statements
DISCLAIMER & FORWARD LOOKING STATEMENTS Certain statements contained herein constitute “forward-looking statements” within the meaning of the applicable legislation. These forward-looking statements are based on current expectations, estimates and projections about the mining and mineral exploration
Slide 3: Investor Highlights
INVESTOR HIGHLIGHTS The Great Bear Lake area holds a rich an in-demand, diversified Energy Metals portfolio featuring For personal use only Future Facing Metals uranium (U), copper (Cu), gold (Au) and silver (Ag) Canada, a tier 1 supportive jurisdictions with enabling regulatory frameworks for explo
Slide 4: Board & Management
BOARD & MANAGEMENT Rod McIllree Troy Whittaker For personal use only Executive Director Non-Executive Director Rod is an Australian geologist with extensive Troy is an accomplished executive with more than 20 experience in developing large-scale projects. With years of experience spanning internatio
Slide 5: Location
LOCATION • Project is well located on mainland Canada For personal use only • Great Bear camp & project area accessed via all-weather runway • Key logistics supported from the domestic & industrial hub of Yellowknife (population > 30,000), located only 90 minutes away by flight • Yellowknife offers
Slide 6: Location
LOCATION Great Bear Lake Uranium- copper-gold-silver For personal use only • Licence covers an area >2,800km2 in the In Demand Northwest Territories Commodities • The project is strategically positioned adjacent to major historic producers - including the Eldorado, Echo Bay, and U Contact Lake mines
Slide 7: Project Area Overview
PROJECT AREA For personal use only Overview • A historic and proven area • Recognised as one of Canada’s largest uranium mining districts • Total historical production across the area (pre-1982) was: • 13,700,000 pounds of uranium oxide (U3O8) • 34,300,000 ounces of refined silver • 11,377,040lbs of
Slide 8: Project Area Geology
PROJECT AREA Geology • Great Bear Magmatic Zone: Identified as having For personal use only Canada’s highest probability for the hosting of iron- oxide-copper-gold uranium plus silver-style mineralisation in the country • Polymetalic: Hosts a spectrum of mineralisation styles within the broad IOCG h
Slide 9: Great Bear Project Map
GREAT BEAR PROJECT MAP For personal use only Bornite rich massive sulphide sample (F005965) from Project target area GREATBEAREXPLORATION.COM 9 Refer to the Independent Technical Assessment Report in Annexure A of the Prospectus for full details of the exploration results
Slide 10: Great Bear Project Highlights
GREAT BEAR PROJECT HIGHLIGHTS Early exploration success suggests vast potential For personal use only Maiden Fieldwork What's next Highlights from 2024 campaign, included the high grade, from surface samples: A recently executed exploration agreement • Phoenix: 38.2 g/t Au & 76.5 g/t Ag (F005424), 2
Slide 11: Great Bear Project - Phoenix
GREAT BEAR PROJECT - PHOENIX Phoenix For personal use only • Close proximity to existing logistics infrastructure • District scale, mineralised region along a major E/W fault • Located only a kilometer east from the historic Eldorado & Echo Bay mines • 2024 maiden campaign -delivered high grade Copp
Slide 12: Great Bear Project - Slider
GREAT BEAR PROJECT - SLIDER Slider For personal use only • A genuine, high grade, major silver discovery just 530m NW of the Silver Mines that produced 34,300,000oz of refined Silver • 2024 maiden campaign -delivered Bonanza Grade Silver: • 7.54% Ag (75,439g/t) (F005907) • 5.35% Ag (53,506g/t) (F005
Slide 13: Great Bear Project - Coyote
GREAT BEAR PROJECT - COYOTE Coyote For personal use only • Located 7.3km NE of the historic Eldorado Minesite • Collapse spanning 2.5km diameter features may indicate dilation/brecciation/permeability creation at depth • Samples taken from NE 440 x 195m zone only: • 17.4 g/t Au, 1.47% Cu, 29.6 g/t A
Slide 14: Upcoming Catalysts: Newsflow & What's Next
UPCOMING CATALYSTS For personal use only NEWSFLOW & WHATS NEXT Further field reconnaissance, Planning sampling & drilling programs across the Project Fully Funded Drilling campaign Drilling planned to commence in 2026 Ongoing exploration target Exploration generation across the portfolio of Projects
Slide 15: Corporate Overview
CORPORATE OVERVIEW For personal use only Capitalisation Data - Pre A$0.003 1,437,479,598 A$4.3m A$0.5m1 A$3.8m SHARE PRICE A$ BASIC S/O MARKET CAP CASH ENTERPRISE VALUE (pre-consolidaton) Capitalisation Data - Post A$0.02 648,747,960 A$13m A$4m A$9m (minimum subscription - post consolidation) SHARE
Slide 16: Corporate: Sources & Uses
CORPORATE Sources & Uses MINIMUM SUBSCRIPTION MAXIMUM SUBSCRIPTION For personal use only FUNDS AVAILABLE $ % $ % Existing cash reserves 1 $500,000 8.33% $500,000 7.14% Funds raised from the Public Offer $5,500,000 91.67% $6,500,000 92.86% TOTAL $6,000,000 100% $7,000,000 100% ALLOCATION OF FUNDS Exp
Slide 17: Competent Person Statement
COMPETENT PERSON STATEMENT The information contained in this presentation has been prepared by Great Bear Exploration Ltd (the Company). For personal use only The information in this report that relates to exploration results is based on, and fairly represents information and supporting documentatio
Slide 18: Appendix
For personal use only APPENDIX GREATBEAREXPLORATION.COM 18
Slide 19: Great Bear Project - Other Prospects
GREAT BEAR PROJECT - OTHER PROSPECTS For personal use only PAYBACK CHARLIE COUGAR VIPER • Located south of the historic • Strike covers approximately • Approximately 3.4km from • An IOCG target that includes Echo Bay & Eldorado mines 900m Viper the historic K2 occurrence and only 13km south of • Gra
Slide 20: Contact Information
For personal use only CONTACT INFORMATION P: +61 03 9642 2899 E: [email protected] GREATBEAREXPLORATION.COM 20
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