2015 Annual General Meeting Presentation

1. 1
CANADA’S INTERMEDIATE
GOLD PRODUCER
Annual General Meeting of Shareholders
May 5, 2015

2. 2
Forward Looking Information
This presentation contains certain forward-looking information and statements as defined in applicable securities law (referred to herein as
“forward-looking statements”). Forward-looking statements include, but are not limited to, statements with respect to 2015 guidance for
production, total cash costs, all-in sustaining costs, capital costs, deferred stripping costs, and exploration costs; expected throughput,
mining and recovery rates; expected future production and mining activities; opportunities to optimize the mine operation; timeline for the
life of mine plan update, second test for the processing of fines, and exploration program; and opportunities to optimize the mine operation.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance
or achievements to be materially different from any of its future results, performance or achievements expressed or implied by forward-
looking statements. These risks, uncertainties and other factors include, but are not limited to, assumptions and parameters underlying the
life of mine update not being realized, a decrease in the future gold price, discrepancies between actual and estimated production, changes
in costs (including labour, supplies, fuel and equipment), changes to tax rates; environmental compliance and changes in environmental
legislation and regulation, exchange rate fluctuations, general economic conditions and other risks involved in the gold exploration and
development industry, as well as those risk factors discussed in the section entitled “Description of Business - Risk Factors” in Detour
Gold’s 2014 AIF and in the continuous disclosure documents filed by Detour Gold on and available on SEDAR at www.sedar.com.
Such forward-looking statements are also based on a number of assumptions which may prove to be incorrect, including, but not limited to,
assumptions about the following: the availability of financing for exploration and development activities; operating and sustaining capital
costs; the Company’s ability to attract and retain skilled staff; sensitivity to metal prices and other sensitivities; the supply and demand for,
and the level and volatility of the price of, gold; the supply and availability of consumables and services; the exchange rates of the Canadian
dollar to the U.S. dollar; energy and fuel costs; the accuracy of reserve and resource estimates and the assumptions on which the reserve
and resource estimates are based; market competition; ongoing relations with employees and impacted communities and general business
and economic conditions. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking
statements contained herein are made as of the date hereof, or such other date or dates specified in such statements.
All forward-looking statements in this presentation are necessarily based on opinions and estimates made as of the date such statements
are made and are subject to important risk factors and uncertainties, many of which cannot be controlled or predicted. Detour Gold and the
Qualified Persons who authored the associated Technical Report undertake no obligation to update publicly or otherwise revise any
forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as may be
required by law.

3. 3
Notes to Investors
The scientific and technical content of this presentation was reviewed, verified and approved by Drew Anwyll, P.Eng., Senior Vice President
Technical Services, and exploration results was reviewed, verified and approved by Guy MacGillivray, P.Geo.., Exploration Manager , both
Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for Mineral
Projects”.
Qualified Persons
Non-IFRS Financial Performance Measures
The Company has included non-IFRS measures in this presentation: total cash costs and all-in sustaining costs. The Company believes that these
measures, in addition to conventional measures prepared in accordance with IFRS, provide investors an improved ability to evaluate the underlying
performance of the Company. The non-IFRS measures are intended to provide additional information and should not be considered in isolation or as a
substitute for measures of performance prepared in accordance with IFRS. These measures do not have any standardized meaning prescribed under
IFRS, and therefore may not be comparable to other issuers. Other companies may calculate these measure differently.
Detour Gold reports total cash costs on a sales basis. Total cash costs include production costs such as mining, processing, refining and site
administration, less non-cash share-based compensation and net of silver sales divided by gold ounces sold to arrive at total cash costs per gold ounce
sold. The measure also includes other mine related costs incurred such as mine standby costs and current inventory write downs. Production costs are
exclusive of depreciation and depletion. Production costs include the costs associated with providing the royalty in kind ounces.
Commencing in 2015, the Company adopted all-in sustaining costs on a prospective basis. The Company believes this measure more fully defines the total
costs associated with producing gold. The Company calculates all-in sustaining costs as the sum of total cash costs (as described above), share-based
compensation, corporate general and administrative expense, exploration and evaluation expenses that are sustaining in nature, reclamation cost
accretion, sustaining capital including deferred stripping, and realized gains and losses on hedges due to operating and capital costs, all divided by the gold
ounces sold to arrive at a per ounce figure.
Costs excluded from all-in sustaining costs are non-sustaining capital expenditures and exploration costs that are expected to materially increase
production, financing costs and tax expense. Consequently, this measure is not representative of all of the Company’s cash expenditures. In addition, the
calculation of all-in sustaining costs does not include depreciation and depletion expense as it does not reflect the impact of expenditures incurred in prior
periods.

4. 4
Unique Investment Opportunity
GROWING
CASH FLOW
ATTRACTIVE
VALUE
PROPOSITION
SIGNIFICANT
PRODUCTION
GROWTH

5. 5
2015 Production Guidance (Koz)
Mining friendly jurisdiction
DGC
Detour Lake
AEM/YRI
Canadian
Malartic
AEM
Meadowbank
G
Red Lake
Canadian Intermediate Gold Producer
DOMINANT GOLD
PRODUCER IN CANADA
400-
425
560
475-
525 400

6. 6
Gold Reserves (Moz)
DGC
Detour Lake
AEM/YRI
Canadian
Malartic
AEM
Meadowbank
G
Red Lake
Canadian Intermediate Gold Producer
LARGEST RESERVES OF
CANADIAN PRODUCERS
2.1
15.0
8.7
1.2
#1 in Canada

7. 7
Zero Harm is Our Goal
Serious Injury
Frequency Rates1
2.4 2.5
3.9
0
0.5
1
1.5
2
2.5
3
3.5
4
2014 Safety Performance
2013 2014 2014 ON
Average2
2014
 Slight increase over 2013
 Well below the Ontario mining industry
average
2015 Initiatives
 Safety Leadership for Safe Production
 Life Saving Rules
1. Serious injury frequency rates = number of recorded injuries per 200,000 hours worked.
2. 2014 Ontario Mining Industry average (source: Workplace Safety North, WSIB).

8. 8
Near doubling of gold production with
21% decrease in total cash costs
Debt reduced by US$57 million
Successful results from processing
fines from low-grade stockpile
Encouraging high-grade drilling results
at Lower Detour
232
457$1,182
$928
$300
$500
$700
$900
$1,100
$1,300
$1,500
0
50
100
150
200
250
300
350
400
450
500
457232
■Total Cash Costs (US$/oz sold)1
■Gold Production (K oz)
2013 2014
1. Refer to the section on Non-IFRS Performance Measures on slide 3 of this presentation.
2014 Achievements
Delivered on production, cost, and capex
Detour Lake Mine

9. 9
2015 Drivers to Success
Execution of Plan
 Gold production increase with higher
mining and milling rates
 Strengthen balance sheet
Added Benefits
 Significant leverage to gold price and
Canadian dollar
 Low power and declining diesel costs
Near to Long-Term Value Enhancements
 Processing fines
 Pebble extraction
 Exploration potential

10. 10
third year
of operation
2015
2015 Guidance1
TCC1
$780-
$850
AISC/oz sold2
$1,050-$1,150
Capital Expenditures
 Sustaining capital: $90-100 M
ACHIEVABLE
475,000 -
525,000
Gold ounces
ESTIMATED
COSTS
ESTIMATED
PRODUCTION
 Deferred stripping: $20-25 M
1. Cost assumptions (US$): Gold price of $1,200/oz, diesel fuel price of $0.82 per litre; power cost of $0.04 per kilowatt hour;
and exchange rate of $1.00US:$1.15Cdn.
2. Refer to the section on Non-IFRS Performance Measures on slide 3 of this presentation.

11. 11
Prudent Financial Management
Hedge up to 50% of 2015 Gold Production
Forward sales on 85,000 oz @ US$1,255/oz
Currency Exchange Contracts
Zero-cost collars for US$90 M with a ceiling
of 1.20; Forward contracts for US$50 M at
average 1.26
Hedge ~50% of Q2-Q3 Diesel Use
Purchasing diesel product (~12 M litres) at
effective hedge price of C$0.80/litre

12. 12
2015 Key Targets
PLAN FOR MILL
~54,000 tpd mill throughput
(milling rates of ~2,600 tpoh
at 87% availability)
2
Improve mill availability
PLAN FOR MINE
238,000 tpd average mining rate
(approx. 87 Mt total mined)
1
Improve drilling performance
and increase shovel productivity
FOCUS:FOCUS:
Strong focus on optimization and efficiency

13. 13
270
220
238 238 238
5 20 30
170
180
190
200
210
220
230
240
250
260
270
 Positive progress on drilling rates, blasted inventory, and shovel
productivity
 Operating at budget rate of 238,000 tpd for last 3 months (last 2
months at 257,000 tpd)
Q2E Q4EQ3E
2015 Mining Rates (ktpd)
Targets for
improvement250
210
170
2015 Plan for Mine
Q1
2015 Budget of 238,000 tpd (Phase 1 & 2)
Avg last 2 mths
190
230

14. 14
2015 Estimated Production(Koz)
0
20
40
60
80
100
120
140
160
180
200
 Work towards bringing Q4 ounces into Q3 (i.e. Q4 ROM
stockpile of 1.8 Mt at 0.80 g/t)
 Target of 250,000 tpd for year-end achievable
200
160
120
80
40
0
Higher mining rates provides operational flexibility
2015 Mine Plan Upside
H H
H
L
L L
SP
106
MT
mined
3.5:1 STRIP RATIO
waste:ore
MT
ROM stockpiles
87
1.8
2015 Mine Plan
Q2E Q4EQ3EQ1

15. 15
48
55 55 55
30
40
50
60
Q1'15 Q2'15 Q3'15 Q4'15
 Last 2 months at 59,000 tpd, exceeding design capacity by 7%
 Targeting throughput rate of 54,000 tpd for 2015
Plant stabilization since mid-February
2015 Plan for Mill
2015 Mill Throughput (Ktpd)1
Avg last 2 mths
MT
ore milled
0.86 G/T AU
head grade
%
gold recovery
19.7
91.5
2015 Mine Plan
Q2E Q4EQ3EQ1
1. 55,000 tpd is the budget average throughput for Q2-Q4.
60
50
40
30

16. 16
Realizing on Near-Term Opportunities
LOM Plan Update in Q4
5 options being reviewed that include Block A
Low-grade Stockpiles (not in reserves)
Second test in H2: 4,000 t of enriched material
to be processed
Pebble Circuit Extractor
Design completed; evaluating integration with
operations
Increase Exploration Activities
Start 30,000 metre drilling program at Lower
Detour this summer

17. 17
2015 Exploration focus: Lower Detour
Promising Exploration on 630 km2
Q1 Drilling Program
5,700 m completed at Lower Detour:
extended high-grade mineralization of
Zone 58N
Q2-Q3 Drilling Program
30,000 m additional drilling: 50-metre infill
totaling 50 holes to assess UG potential
(budget of $5 M)
Regional Potential
Target identification following airborne
magnetics and IP ground surveys

18. 18
Lower Detour
Area
630 km2
Q1 2015 Drilling: Lower Detour
Block A
Resource
Detour Lake
OP Mine

19. 19
Q1 2015 Drilling: Lower Detour
1.96/31
Inc. 4.15/8.7
1.64/38.5
Inc. 4.91/6.5
1.55/35
11.82/32.4
3.46/10.3
12.74/28
1.72/21
1.55/16

20. 20
PRODUCTION GROWTH /
DECLINING UNIT COSTS
REALIZE VALUE-ENHANCING
OPPORTUNITIES
MATERIAL INPUTS TRENDING
FAVOURABLY
GROWING CASH FLOW
A GREAT TIME TO BE A
GOLD PRODUCER!