BAML Global Metals, Mining & Steel Conference 2016

1. 1
CANADA’S
INTERMEDIATE
GOLD PRODUCER
2016 Global Metals, Mining & Steel Conference
May 9-12, 2016

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 strategic focus, 2016
guidance (gold production, total cash costs, all-in sustaining costs, additional non-sustaining capital, capital expenditures, capitalized
stripping, corporate G&A and exploration costs), repayment of $125 M and refinancing <$300 million of the Convertible Notes before due
date, expected future production and mining activities, opportunities to optimize the operation, life of mine plan (gold production profile),
testing plant capacity, filing an EA for West Detour in Q3’16, proceeding with a preliminary cost estimate and infrastructure design for Zone
58N, and continuation of exploration activities.
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 plan 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 2015 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
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.
All amounts are in US dollars except as noted.

3. 3
Notes to Investors
Qualified Persons
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”.
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-
101Standards 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.
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, agreements with Aboriginal communities, 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.
The Company believes the measure all-in sustaining costs 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
STRONG
FUNDAMENTALS
16.4 M OZ
gold reserves
655 K OZ/YR
“Core” Gold Holding
GROWING
FREE CASH FLOW
<$900 /OZ
sold
ORGANIC
GROWTH POTENTIAL
High grade Zone 58N
Long-life asset
production
Large low-cost
production
Declining AISC Pipeline projects
West Detour open pit
Mining-friendly jurisdiction
Large prospective
claim block
Strong balance sheet

5. 5
OPERATIONS GROWTH BALANCE SHEET
Mine and mill
optimization
Organic growth
valuation
Debt
reduction
Realize on
economies
of scale
Add value with: Maintain
capital
discipline
 Satellite deposit
development
 Early-stage
project
acquisition
Shareholder
returns
Strategic Focus

6. 6
1. Refer to the section on Non-IFRS Performance Measures on slide 3. Cost assumptions: gold price of $1,075/oz,
US$/C$ exchange rate of 1.33, diesel fuel price of C$0.75/L, and power cost of C$0.04/kWh.
2016 Guidance
540-590 GOLD PRODUCTION
K oz
$675-750 TCC1
/oz sold
$840-940
Other
 $60-70 M sustaining capital
 $12 M exploration (25% non-
sustaining capital)
AISC1
/oz sold
232
457
506
2013 2014 2015 2016E
Gold Production (K oz)
540-590

7. 7
 Gold production of
127,136 oz
 Gold sales of 137,608 oz
 Strong cash balance of
$214 M:
› +$7.4 M from flow
through financing
› +$9.3 M from
proceeds of stock
option exercises
Q1 2016 Highlights
1. Refer to the section on Non-IFRS Performance Measures on slide 3.
Reconciliation of these measures is described in the MD&A for Q1’16.
$30.8
$637
$824
$214
TCC1
/oz sold
AISC1
/oz sold
EARNINGS FROM
MINE OPERATIONS
million
CASH BALANCE
million

8. 8
Q1 2016 Operating Results
total mined21.0 MT
2.6 strip ratio
MT
ore milled
0.91 G/T AU
head grade
%
recovery
4.7
91
Mill
Throughput rate at 52,165 tpd:
 Limited power draw on one
SAG mill (now back to full
power)
 Coarser material being
processed
Mine
Mining rates of 231,000 tpd
 Lower availability of rope shovels
 Slower progress in Phase 2
 ROM stockpiles of 6.1 Mt at
0.64 g/t Au

9. 9
All in Sustaining Costs
 Lowest total cash costs1 and
all-in sustaining costs1 since
start of operations
 Sustaining capex of $14.8 M
Unit Costs
 Mining costs higher than
budget due to less tonnes
mined
 Processing costs benefitting
from favourable electricity
costs
$694
$637
$858 $824
Q4'15 Q1'16 Q4'15 Q1'16
Q1 2016 Operating Costs
1. Refer to the section on Non-IFRS Performance Measures at the end of this presentation.
Reconciliation of these measures is described in the MD&A for Q1’16.
Q4’2015 Q1’2016
Mining (C$/t mined) $2.63 $2.94
Processing (C$/t milled) $9.24 $9.08
G&A (C$/t milled) $3.15 $3.51
TCC ($/oz sold) AISC ($/oz sold)
Q1’16 Q1’16

10. 10
$500 $500 $500
$425
$181
$123
2013 2014 2015 Apr. '16 Nov. '17
Short-term Debt ($M) Convertible Notes ($M)
On or before Convertible
Notes due date:
 Pay back >$125 M
 Re-finance <$300 M
<$300
Plan for Further Debt Reduction
Nov.’17 E
~$200 M debt reduction in
just over 1 year
April 2016: Purchased $75 M of Convertible Notes

11. 11
April 2016 Plant Optimization
Successful planned shutdown completed 1st half of April:
 410-conveyor system split into 2 conveyors designed to:
› Minimize downtime
› Increase throughput (from 4,000 to a max. of 5,000 tpoh)
 With front end bottleneck resolved, plant capacity to be tested

12. 12
398
617 607
721
655
2013-15 2016-18 2019-21 2022-24 LOM
New LOM Gold Production Profile
Grade g/t 0.85 0.98 0.89 1.06 0.99
~650 koz/yr for next 9 yrs
 Development of West Detour
 Incorporate experience gained to date
 Defer capital
 Optimize cash flow
 Improve NPV
DE-RISKED
OPERATION

13. 13
New LOM with West Detour
 Ability to defer 160 Mt of waste over next 9 yrs
 Low capital of ~$80 M
 Potential use of pit for waste stockpiles and
tailings deposition
200
400
600
800
16-18 19-21 22-24 25-27 28-30 31-33 34-36 37-38
Low-Grade Fines
West Detour
Detour Lake
Production
(koz)
~650 koz/yr for next 9 yrs
YEAR 20’
WEST
DETOUR
ADVANTAGES

14. 14
2015 2016 2017 2018
Permitting Schedule Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Baseline Studies
Consultation & EA
Operating Permits
Operation Readiness
Pre-stripping (Phase 1)
Gold Production
West Detour Permitting Schedule
Gold Production Projected in Q1 2019
 Start equipment procurement this year
 File Provincial EA in Q3
2019

15. 15
8-Year Plan:
 Find and develop
satellite deposits
to feed plant with
higher grade
 Modest funding
requirement until
discovery
Organic Growth Valuation
625 km2
Zone 58N
Detour Lake Mine
West Detour
Pipeline Projects
 West Detour
(pre-strip in 2018)
 Zone 58N
(infill drilling)

16. 16
Organic Growth Valuation
Resource / Reserve Shells
W E
~600 K oz to 1 M oz
Inferred resource
between the two pits
Detour Lake
14.5 M oz
West Detour
1.5 M oz
 Reserves pit shell @ $1,000/oz
(elevated cut-off grade of 0.50 g/t Au)

17. 17
Zone 58N
 61% of infill drilling
program completed
› 36,830 m in 119 holes
› Program resuming this
summer
 Results received to date
are in line with prior
results
 Metallurgical testing
underway
 Proceeding with a
preliminary cost estimate
for UG exploration
program
Isometric View (3D)
Looking West
 >3 g/t Au
Organic Growth Valuation

18. 18
Zone 58N
Detour Lake Mine
West DetourQ1 Regional Program
 Lower Detour trend
drilling: Completed
9,977 m in 36 holes
 Geophysical survey:
~147 line km of IP at east
end of Lower Detour trend
and in tailings facility area
Drilling program
resuming this summer
 5,000-7,000 m to test
additional targets along
Lower Detour trend and
tailings facility area
Organic Growth Valuation

19. 19
RECORD OPERATING PROFIT OF
$31 M
DEBT LEVELS REDUCED BY 15%
SUCCESSFUL COMMISSIONING
OF NEW 410-CONVEYOR SYSTEM
ADVANCING WORK ON
PROSPECTIVE ZONE 58N
INTERMEDIATE GOLD PRODUCER
Good start to 2016…

20. 20
ADDITIONAL
information
 Safety Performance
 Q1 Financial Summary
 Q1 Operational Statistics
 LOM Production Plan
 Year-End 2015 Reserves
and Resources
 Shareholder Information
 Analyst Coverage
 Management & Directors
 Contact Information

21. 21
2.5
2.3
1.6
0.0
0.5
1.0
1.5
2.0
2.5
2014 2015 Q1'16
Total Recordable Injury
Frequency Rate (TRIFR)1
Safety Performance
1. TRIFR: Total recordable injuries x 200,000 hours divided by total man hours worked.
12 Month Rolling Avg: 2.15

22. 22
Q1 2016 Financial Summary
Key Financial Statistics
($M, except per share amounts)
Q1’16
Metal sales $163.0
Production costs $89.4
Depreciation $42.8
Earnings from mine operations $30.8
Net income/adjusted net earnings1 $27.6 / $11.3
Net income/adjusted net earnings
per share1 $0.16 / $0.07
Cash & short-term investments $213.6
1. Refer to the section on Non-IFRS Financial Performance Measures on slide 3.

23. 23
Q1 2016 Operational Statistics
Q1’15 Q2’15 Q3’15 Q4’15 Q1’16
Ore mined (Mt) 3.8 6.4 6.5 6.3 5.8
Waste mined (Mt) 16.0 19.1 17.0 15.7 15.2
Total mined (Mt) 19.8 25.5 23.5 22.0 21.0
Strip ratio (waste:ore) 4.2 3.0 2.6 2.5 2.6
Mining rate (tpd) 220,000 280,000 255,000 239,000 231,000
Ore milled (Mt) 4.3 5.2 5.2 5.1 4.7
Mill grade (g/t Au) 0.84 0.82 0.86 0.98 0.91
Recovery (%) 91 91 90 91 91
Mill throughput (tpd) 47,797 57,015 56,015 55,522 52,165
Mill availability (%) 78 88 85 86 88
Ounces produced (oz) 105,572 125,348 128,222 146,417 127,136
Ounces sold (oz) 104,497 123,296 126,241 132,209 137,608

24. 24
LOM Production Plan
Yearly Average per Period Total
2016-
18
2019-
21
2022-
24
2025-
27
2028-
30
2031-
33
2034-
36
2037-
38
LOM LOM
Ore milled (Mt) 21.4 23.0 23.0 23.0 23.0 23.0 23.0 18.1 22.4 514
Head grade (g/t Au) 0.98 0.89 1.06 0.89 0.87 1.06 1.15 1.08 0.99 0.99
Gold recovery (%) 91.5 92.0 92.0 92.0 92.0 92.0 92.0 92.0 91.9 91.9
Gold production (k oz) 617 607 721 604 589 719 781 580 655 15,072
Total mined (Mt) 104.8 119.4 118.8 123.2 118.7 88.5 51.5 19.4 96.3 2,214
Strip ratio (waste:ore) 3.8 4.9 3.5 4.9 5.5 2.5 1.4 0.5 3.5 3.5
Technical Report filed on January 25, 2016.

25. 25
Year-end 2015 Reserves & Resources
Notes:
1. Mineral resources and reserves were
completed by Detour Gold in conformity
with generally accepted definitions and
guidelines given in the Canadian Institute
of Mining, Metallurgy and Petroleum (CIM)
Standards on Mineral Resources and
Mineral Reserves as required by NI 43-
101.
2. Mineral reserves were estimated using a
gold price of $1,000/oz and mineral
resources were estimated using a gold
price of $1,200/oz at a US$/C$ exchange
rate of 1.10.
3. Mineral reserves and resources were
based on a cut-off grade of 0.50 g/t Au.
4. Mineral reserves included an average
mining dilution of 5.3% from 2016 to 2018
and 4% for 2018+, at a diluting grade of
0.20g/t Au. Mining ore loss of 5% also
included.
5. Only Probable LG Fines scheduled in the
mine plan were reported as mineral
reserves. The LG fines reserves were
based on a cut-off grade of 0.40 g/t Au.
6. Mineral resources are reported exclusive
of mineral reserves. Mineral resources
that are not mineral reserves do not have
demonstrated economic viability.
7. Totals may not add due to rounding.
At Dec. 31, 2015
Reserves
Tonnes
(millions)
Grade
(g/t Au)
Contained
Gold Ounces
(000’s oz)
Detour Lake Mine Proven 89.2 1.26 3,603
Probable 351.6 0.95 10,779
Stockpiles 4.8 0.64 98
Total P&P 445.5 1.01 14,480
West Detour Proven 1.8 0.99 56
Probable 47.0 0.97 1,473
Total P&P 48.8 0.98 1,529
LG Fines Probable 20.0 0.60 386
Total P&P 514.3 0.99 16,395
Resources
Detour Lake Mine Measured 17.4 1.33 746
Indicated 66.2 1.00 2,125
M+I 83.6 1.07 2,871
West Detour Measured 0.4 0.85 10
Indicated 36.5 0.86 1,005
M+I 36.9 0.86 1,015
Total M+I 120.5 1.00 3,886
Detour Lake Mine Inferred 33.7 0.81 875
West Detour Inferred 8.6 0.89 246
Total Inferred 42.3 0.82 1,121

26. 26
1. Conversion price for the Notes is $38.50.
2. Cash and short-term investments at March 31, 2016.
Shareholder Information
>80% INSTITUTIONS TOTAL
7.1 M Share options
11.0 M Convertible notes 1
190.8 M FULLY DILUTED
172.7 M Issued & outstanding
Share Structure (03/31/2014) Top Shareholders
<10%
C$5.0
2
BILLION
market cap$214 MILLION
cash position2
Share Structure (April 27, 2016) Top Shareholders
BlackRock
6% Van Eck Associates
5% Tocqueville

27. 27
Initiating
Research
Firm Analyst Target Price at
May 1, 2016
07.06.11 Haywood Kerry Smith $28.00
07.07.09 Paradigm Don Blyth/Don MacLean $32.25
07.08.07 Raymond James Phil Russo $30.00
07.11.26 National Bank Steve Parsons $28.00
07.12.20 Macquarie Mike Siperco $29.00
08.01.14 Canaccord Rahul Paul $29.00
08.07.14 TD Dan Earle $33.00
08.09.04 RBC Dan Rollins $27.00
08.11.06 BMO NB Brian Quast $26.75
09.06.17 Laurentian Pierre Vaillancourt $30.00
10.05.19 CIBC World Markets Cosmos Chiu $28.00
10.07.22 Credit Suisse Anita Soni $29.00
13.04.16 Scotiabank Trevor Turnbull $19.00
13.08.14 Desjardins Michael Parkin $29.00
13.11.12 Beacon Securities Michael Curran $28.00
13.12.09 GMP Securities Ian Parkinson $25.25
14.02.06 Cormark Securities Richard Gray/Tyron Breytenbach $30.00
14.04.22 Goldman Sachs Andrew Quail $19.50
14.06.17 Dundee Capital Markets Josh Wolfson $32.00
Average target C$28.04
Analyst Coverage (19)

28. 28
 Paul Martin
President and CEO
 Pierre Beaudoin
COO
 James Mavor
CFO
 Drew Anwyll
Sr VP Technical Services
 Julie Galloway
Sr VP General Counsel &
Corporate Secretary
 Derek Teevan
Sr VP Corporate &
Aboriginal Affairs
 Jean-François Métail
VP Mineral Resource
Management
 Ruben Wallin
VP Environment & Sustainability
 Charles Hennessey
Mine General Manager
 Laurie Gaborit
Director Investor Relations
 Alberto Heredia
Controller
 Lisa Colnett
 Edward C. Dowling
 Robert E. Doyle
 André Falzon
 Alex G. Morrison
 Jonathan Rubenstein
 Graham Wozniak
 Ingrid Hibbard
 Michael Kenyon
 Paul Martin
Management & Directors
Management
Directors

29. 29
Laurie Gaborit
Director Investor Relations
Email: lgaborit@detourgold.com
Phone: 416.304.0581
James Mavor
Chief Financial Officer
Email: jmavor@detourgold.com
Phone: 416.304.0800
www.detourgold.com
Contact Information