1. CANADA’S NEXT
INTERMEDIATE
GOLD
PRODUCER
1
Scotiabank Mining Conference, Toronto
December 3-4, 2013

2. Forward Looking Information
This presentation contains certain forward-looking information as defined in applicable securities laws (referred to herein as “forward-looking
statements”). Specifically, this presentation contains forward-looking statements regarding gold production and cash costs guidance for
2013 and 2014, reserve and resource estimates, ore grade, expected mine life, average annual gold production, gold recovery, cash
operating costs and other costs, sensitivities, ramp-up of operations, mining rates reaching approximately 250,000 tpd by year-end 2013,
mining of Domain #2 representing approximately 20% of the total feed for the fourth quarter, future operating plans, providing 2014
guidance in January 2014 and reporting an updated mine plan for Detour Lake in the first quarter of 2014, potential expansion opportunities,
and plans for organic growth which includes growing mineral reserves to more than 20 million ounces. Forward-looking statements involve
known and unknown risks, uncertainties and other factors which are beyond Detour Gold’s ability to predict or control and may cause
Detour Gold’s 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, gold price volatility, changes in debt and equity markets, the uncertainties involved in interpreting geological data, increases in costs,
environmental compliance and changes in environmental legislation and regulation, interest rate and 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 2012 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 capital costs; the Company’s ability to attract and retain skilled staff; the mine development
schedule; sensitivity to metal prices and other sensitivities; the supply and demand for, and the level and volatility of the price of, gold;
timing of the receipt of regulatory and governmental approvals for development projects and other operations; 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. Detour Gold undertakes 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. If the
Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with
respect to those or other forward-looking statements.
2

3. Notes to Investors
Information Containing Estimates of Mineral Reserves and Resources
The mineral reserve and resource estimates reported in this presentation were prepared in accordance with Canadian National Instrument
43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities regulatory authorities. For United
States reporting purposes, the United States Securities and Exchange Commission (“SEC”) applies different standards in order to classify
mineralization as a reserve. In particular, while the terms “measured,” “indicated” and “inferred” mineral resources are required pursuant to
NI 43-101, the SEC does not recognize such terms. Canadian standards differ significantly from the requirements of the SEC. Investors are
cautioned not to assume that any part or all of the mineral deposits in these categories constitute or will ever be converted into reserves. In
addition, “inferred” mineral resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic
and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category.
Under Canadian securities laws, issuers must not make any disclosure of results of an economic analysis that includes inferred mineral
resources, except in rare cases.
On September 4, 2012, Detour Gold announced an updated mine production plan for the Detour Lake project. The NI 43-101 compliant
Technical Report for this update was filed on SEDAR on October 18, 2012. The following QPs participated in this update: BBA Inc., under
the direction of André Allaire, Eng., Vice-President, Markets – Mining and Metals and Patrice Live, Eng., Mining Manager; SGS Canada
Inc., under the direction of Michel Dagbert, Eng., Senior Geostatistician and Maxime Dupéré, P.Geo., Senior Geologist; and AMEC
Environment & Infrastructure, a Division of AMEC Americas Limited, David G. Ritchie M.Eng., P.Eng, Senior Associate Geotechnical
Engineer.
The scientific and technical content of this presentation has been reviewed, verified and approved by Drew Anwyll, P.Eng., Director of
Operations, a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for
Mineral Projects”.
3

4. Invest in Detour Gold
Our Vision
Become a leading intermediate gold producer and
premier investment opportunity
Focus
4
Discipline
Execution

5. Focused on One Core Asset
DETOUR LAKE – ONTARIO, CANADA
 Low-risk, safe mining jurisdiction
 100% owned large prospective land package of
630 km2 on Abitibi Greenstone Belt
› High quality, long life producing open
pit mine (15.6 M oz in reserves)
ONTARIO
› Significant potential for production
growth
DETOUR LAKE MINE
Timmins
Toronto
5
› Exploration upside for high-grade
mineralization

6. Share Capital
ISSUED AND
OUTSTANDING
C$543 M
138.2 M
MARKET CAP
US$156 M
CASH POSITION
FULLY DILUTED
161.5 M
OPTIONS & FN SHARE
COMMITMENTS
TOP
SHAREHOLDERS
PAULSON & CO: 15%
INSTITUTIONS TOTAL: >80%
10.3 M
CONVERTIBLE
NOTES
13.0 M
Note: Cash position at September 30, 2013 and share data at October 31, 2013. Conversion price for the Notes is US$38.50.
6

7. Execution = Detour Lake in 6 Years
2007
ACQUISITION
/DISCOVERY
2009
PRE-FEASIBILITY
STUDY
2010
FEASIBILITY
STUDY &
PERMITTING
2011-12
DEVELOPMENT PRODUCTION
2013
 Built Detour Lake on schedule
 Started gold production in February
 Reached commercial production in August
7
2013

8. Strategy = Focused on Profitability
Objectives:
 Deliver on operational performance
 Generate positive cash flows
 Use cash flow to fund future organic
growth
 Provide return on capital
8

9. 2013 To Date
 First gold pour in February
 Secured $90 million credit facility
 Commissioned second production line
 25,000 m drilling program targeting high-grade
gold mineralization
 Reached commercial production in August
 Produced approximately 180,000 ounces of gold
in first 10 months
Looking Ahead
 Gold production target of between 240,000 and
260,000 oz for the year
 Updated mine plan and year-end mineral
resources/reserves in Q1 2014
9

10. Undervalued vs. Peers
Consensus P/NAV
African Barrick
P / 2014 CF
1.15x
Alamos
0.98x
New Gold
0.92x
Alamos
16.9x
Argonaut
10.1x
AuRico
9.2x
Alacer
0.85x
B2Gold
8.2x
B2Gold
0.82x
Osisko
8.0x
AuRico
0.82x
New Gold
7.8x
Osisko
0.82x
Alacer
6.2x
Argonaut
0.67x
Allied Nevada
6.1x
Allied Nevada
0.65x
IAMGOLD
5.8x
IAMGOLD
0.64x
African Barrick
5.7x
Detour
0.33x
Source: Bloomberg, company filings, Thomson and select Street Research
Note: Market data updated to November 14, 2013
10
Detour
5.1x

11. Detour Lake Mine at a Glance
Key Statistics
(1)
OP reserves (M oz)
15.6
Mill throughput (tpd)
55,000
Strip ratio (waste:ore)
3.7
Gold recoveries
91%
Average grade (g/t)
1.03
Estimated mine life (yrs)
21.5
Avg. production (oz/yr)
(2)
657,000
Initial capex (C$ B)
1.5
Sustaining capex (C$ B)
1.2
1. Based on September 2012 Mine Plan (October 2012 Technical Report).
2. Includes expansion from 55,000 tpd to 61,000 tpd.
Commercial production declared
on September 1, 2013
11

12. Detour Lake Mine Ramp Up
Processing Plant
 55,000 tpd conventional gravity and
CIP processing plant with two
production lines
 Primary crusher (90,000 tpd capacity)
 Each line has 1 secondary crusher,
1 pebble crusher, 1 SAG and 1 ball mill
Mine Operations
 Mining rates averaged 205,000 tpd in
October
 Current mining fleet of 20 haul trucks &
5 shovels (incl. 2 rope shovels)
 Stockpile availability
12

13. Q1-Q3 2013 – Operation Statistics
2013
Q1
Q2
Q3
Ore tonnes mined (Mt)
1.29
2.70
4.16
Tonnes milled (Mt)
1.02
2.87
3.88
Mill grade (g/t Au)
0.64
0.76
0.72
Recovery (%)
80
82
85
Availability (%)
66
68
78
16,841
57,897
75,672
Gold produced (oz)1,2
1. Q3 = 80,765 oz poured (the inventory was reduced from 23,189 to 17,998 oz).
2. During September, the first month of commercial production, the Detour Lake mine
produced 24,021 oz gold.
13

14. Q3 2013 – Mine Development
2013
Ore
(Mt)
Waste
(Mt)
Overburden
(Mt)(1)
Total
Mined
(Mt)
Strip
Ratio
Q3
4.16
12.4
4.16
16.6
3.0
Q2
2.70
10.0
4.0
12.7
3.7
Q1
1.29
8.5
4.4
10.4
6.6
1. Overburden is included in the waste figure.
Q3 Mine Performance:
 Mining rates averaged 180,222 tpd
› 201,000 tpd average in September; 252,000 t record day
 Increased blasted inventory: 2.3 Mt at end of September
 Improvement in shovel productivity
 Improvement in haul truck cycle
› Haul road and pit floor quality
› Pit de-watering
14

15. Q3 2013 – Mine Development
Waste rock
Domain 2
Domain 5
Current OB
removal by
contractor
Calcite
Zone
Oct. 2, 2013
15

16. Q3 2013 – Mill Ramp-up
Tonnes
Milled
(Mt)
Availability
(%)
Tonnes per
Operating day
Tonnes per
Calendar day
Q3
3.88
78
53,821
42,142
Q2
2.87
68
46,500
31,500
Q1
1.02
66
16,837
11,112
2013
Q3 Mill Performance:
 Mill processing rates averaged 42,142 tpd
› Record day at 58,000 tonnes
› 12 days in September above 50,000 tpd
 Planned shutdown for 6 days in September for SAG mills liner
change
 Further adjustment and modifications to secondary crushers
16

17. Q4 2013 – Mine Development
Next Focus:
Production Growth
Lowering Costs
Objective: Increase Gold Production Levels
 Progressively increase mining rates to 250,000 tpd
 Mining higher grade Domain #2 (~20% of total feed)
 Start operating 5th shovel (CAT 6060) in November
Preparation for 2014 Mine Plan:
 Accelerating pre-stripping with contractor: 2 Mt of OB removal
underway for construction of south haul road
 South haul road to be completed by year-end
17

18. Q4 2013 – Start Mining Domain #2
Current
OB removal
by contractor
Oct. 2, 2013
18

19. Q4 2013 – Mill Ramp-up
Next Focus:
Production Growth
Lowering Costs
Objective: Increase Gold Production Levels
 Target throughput of +50,000 tpd
› Improve availability to +85%
› Increase utilization rates
 Improve recovery to +87%
› Improve use of gravity circuit
› Continue leach circuit optimization
Key catalyst to reach nameplate capacity (55,000 tpd):
 Finalize modifications to both pebble and secondary crushers
 Further reduce unplanned shutdowns (8% in September)
19

20. October Preliminary Production Results
 Best month to date:
Gold production of 29,541 oz (32,043 oz poured)
 Mill processed 1.4 Mt at an average grade of 0.72 g/t
 Metallurgical recoveries averaged 91.6%, (higher than projected
levels in the feasibility study)
 Average throughput rate of 44,937 tpd, with 15 days > 50,000 tpd
 Availability improved to 83%
 Mining rates averaged 205,000 tpd
20

21. Near-term Results: Free Cash Flow
Next Focus:
Production Growth
Lowering Costs
Cost Reductions:
 Mining and milling unit costs to improve with increased volume and
efficiency - economy of scale
 Reduce current Tailings Facility costs - construction change from
“downstream” to approved “center line” design
 Opportunity to reduce power costs with Ontario provincial program
21

22. Looking at 2014 and Beyond
In Progress:
 Budget and detailed mine production plan for 2014
› Preliminary 2014 guidance of between 440,000 oz and
500,000 oz of gold produced at total cash costs+capex of
US$1,150/oz to US$1,250/oz
 Year-end reserve and resource update
› New pit shell for Detour Lake (2011 drilling)
› Reserve estimate at US$1,000/oz and cut-off grade of
0.5 g/t (unchanged)
› Block A in resource category (2012 drilling)
 Optimize 5-year production schedule
 Evaluate potential expansion from 55,000 to 61,000 tpd
22

23. Organic Growth Opportunities
 Long-term growth of reserve base to
+20 M oz
› Reserve/resource update for
Detour Lake mine and Block A
 Large prospective land position of
630 km2
› Focus on high-grade gold
targets:
› Discovery of Zone 75 with
17.33 g/t over 4.4
23
Inferred
M&I
P&P
30M oz
20M oz
14.9
11.4
10M oz
8.8
15.6

24. Organic Growth Opportunities
630 km2
15.6 M oz in Reserves
Lower Detour
Area
*Note: Excludes drilling around Detour Lake and M zone (Block A).
24

25. Organic Growth Opportunities
25,000 m of drilling
in Q1 2013
17.33/4.4
25

26. Organic Growth Opportunities
Long Section across Zone 75
26

27. Organic Growth Opportunities
Near-term objectives (1-3 years):
 Detour Lake reserve/resource update (open pit west expansion)
 Evaluation of potential expansion options
27

28. Invest in Detour Gold
Our Vision
Become a leading intermediate gold producer and
premier investment opportunity
Focus
28
Discipline
Execution

29. ADDITIONAL
INFORMATION
29

30. Q3 2013 – Highlights
 Sustaining capex spent: C$136 M
(2013 budget: C$192 M)
Commercial Production period
(September):
 24,700 oz sold during commercial
production period
 Total cash costs of US$1,214/oz
gold sold 1
 Average realized price of
US$1,340/oz 1
 Average realized margin of
US$126/oz 1
Income Statement
Q3 2013
Revenues 2
$33.1 M
Cost of sales
Production costs
$30.4 M
Depreciation and depletion
$2.9 M
Loss from mine operations
$0.2 M
G&A
$6.9 M
Exploration and evaluation
$1.0 M
Net finance costs
$3.7 M
Net loss for the period
$11.8 M
1. For reconciliation of these measures, refer to Non-IFRS Financial Performance Measures slides 41 & 42
of this presentation.
2. All sales prior to commercial production were credited against capitalized project costs.
30

31. Conventional Milling Process
Mine Trucks
Primary Crusher
90,000 tpd
To
Gravity
Circuit
Stockpile
Secondary Crushers (2)
67,000 tpd
Pebble Crushers (2)
73,000 tpd
SAG Mills (2)
55,000 tpd
Ball Mills (2)
55,000 tpd
To
Gravity
Circuit
CIP
To
Market
Carbon
Stripping
Gold
Doré Bars
31
Gold
Furnace
Gold
Electrowinning
Leach
Tailings

32. Grade Control
Bench 6252m
DDH Block model 40x40m drill spacing
RC GC 20X10m & 10X10m drill spacing
Block Gold Grade
(g/t)
Bench 6240m
< 0.3
< 0.5
< 0.8
< 2.0
> = 2.0
Pit Contour at July 31, 2013
Grade Control Data Limit
32

33. Grade Control
DDH Block model 40x40m drill spacing
RC GC 20X10m & 10X10m drill spacing
Bench 6228m
RC 40X10m
Block Gold Grade
(g/t)
Pit Contour at July 31, 2013
Grade Control Data Limit
33
< 0.3
< 0.5
< 0.8
< 2.0
> = 2.0

34. Corporate Responsibility
Focus on health and safety of our employees, the well-being of
our community and the protection of the natural environment
 Hiring in the region, giving priority to local Aboriginal communities:




604 full-time employees*
93% of workforce from region
25% are Aboriginals
Scholarship and job training
 Supporting local communities
 Business opportunities
 Participation in municipal development
 Corporate philanthropy
34
* As of September 30, 2013.
WORKFORCE ORIGIN
COCHRANE
AREA
COCHRANE
31%
NORTHERN
ONTARIO
38%
24%
REST OF
ONTARIO
3%
OTHER
4%

35. Analyst Coverage (16)
Initiating
Research
Analyst
07.06.11
Haywood Securities
Kerry Smith
07.07.09
Paradigm Securities
Don Blyth/Don MacLean
07.08.07
Raymond James
Phil Russo
07.11.26
National Bank Financial
Steve Parsons
07.12.20
Macquarie Capital Markets
Mike Siperco
08.01.14
Canaccord Genuity
Rahul Paul
08.07.14
TD Securities
Dan Earle
08.09.04
RBC Capital Markets
Dan Rollins
08.11.06
BMO Capital Markets
John Hayes
09.06.17
Laurentian Bank Securities
Eric Lemieux
10.05.19
CIBC World Markets
Cosmos Chiu
10.07.22
Credit Suisse Securities
Anita Soni
11.07.15
Bank of America Merrill Lynch
TBA
13.04.16
Scotia Capital
Leily Omoumi
13.08.14
Desjardins Capital Markets
Michael Parkin
13.11.12
35
Firm
Beacon Securities
Michael Curran

36. Non-IFRS Financial Performance Measures
Total cash costs per gold ounce sold
Total cash costs per gold ounce is a common financial performance measure in the gold mining industry but with
no standard meaning under IFRS. Detour Gold reports total cash costs on a sales basis. The Company believes
that, in addition to conventional measures prepared in accordance with IFRS, such as sales, certain investors use
this information to evaluate the Company’s performance and ability to generate operating earnings and cash flow
from its mining operations. Management utilizes this metric as an important tool to monitor cost performance.
Total cash costs per gold ounce 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. Production costs are exclusive of depreciation and depletion.
Production costs include the costs associated with providing the royalty in kind ounces. Other companies may
calculate this measure differently.
Three months ended
September 30
2013
Production costs
$
Share-based compensation
$
$
29,986
1,214
-
$
-
-
-
(377)
-
$
$
2012
30,363
-
24,700
$
2013
-
-
Gold ounces sold
Total cash costs per gold ounce sold
2012
(377)
Silver sales
Total cash costs
30,363
Nine months ended
September 30
29,986
$
-
24,700
$
-
1,214
-
Gold ounces sold exclude pre-commercial production ounces (prior to September 1, 2013) as these are credited
against capitalized project costs.
36

37. Non-IFRS Financial Performance Measures
Average Realized Price and Average Realized Margin
Average realized price and average realized margin per ounce sold are financial measures with no standard
meaning under IFRS. Management and investors use these measures to better understand the gold price and
margin realized throughout a period. Average realized margin represents average realized price per gold ounce
less total cash costs per ounce.
Average realized price and average realized margin is intended to provide additional information to investors and
does not have any standardized definition under IFRS and should not be considered in isolation or as a substitute
for measures of performance prepared in accordance with IFRS. Other companies may calculate this measure
differently.
Three months ended
September 30
2013
Revenues from gold sales
$
Gold ounces sold
Average realized price
37
2012
$
$
1,340
$
(1,214)
$
126
2013
2012
-
33,088
-
-
24,700
Less: Total cash costs per gold ounce sold
Average realized margin per gold ounce sold
33,088
Nine months ended
September 30
24,700
-
-
$
$
-
1,340
$
(1,214)
$
126
-
$
-

38. Management & Directors
Management

Michael Kenyon

Executive Chairman

Paul Martin
James Mavor
Interim Chief Financial Officer

Pierre Beaudoin
Chief Operating Officer

Julie Galloway






Derek Teevan

Charles Hennessey
Process Plant Maintenance Manager and
Deputy Mine General Manager

Director Technical Services
Laurie Gaborit
Rickardo Welyhorski
Director Mineral Processing
Drew Anwyll
Andrew Croal
Bill Snelling
Director Corporate Systems & Controls
MGM/Director of Operations

Sr VP Corporate &
Aboriginal Affairs
James Robertson
VP Environment &
Sustainability
Sr VP General Counsel &
Corporate Secretary


VP HR & Aboriginal Affairs
Interim Chief Executive Officer

Rachel Pineault
Joshua Hurrell
Acting Mine Manager - Chief Geologist

Director Investor Relations
Mike Papadakis
Process Plant Manager
Alberto Heredia
Controller

Pat Donovan
Jean-Francois Metail
Director Reserves and Resources
VP Corporate Development
Directors




38
Peter Crossgrove
Louis Dionne
Robert E. Doyle
André Falzon



Ingrid Hibbard
Michael Kenyon
Alex G. Morrison


Jonathan Rubenstein
Graham Wozniak

39. Contact Information
Paul Martin
Interim Chief Executive Officer
Email: pmartin@detourgold.com
Phone: 416.304.0800
Laurie Gaborit
Director Investor Relations
Email: lgaborit@detourgold.com
Phone: 416.304.0800
www.detourgold.com
39