Dgc 15 10_29 - corporate presentation

1
CANADA’S
INTERMEDIATE
GOLD PRODUCER
Corporate Presentation
October 29, 2015

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; and timeline for
the life of mine plan update.
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 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
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 monetary amounts are in U.S. dollars unless otherwise stated.

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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, all-in sustaining costs, adjusted net loss and adjusted net loss per
share. 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.
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.
Adjusted net earnings (loss) and adjusted basic earnings (loss) per share are used by management and investors to measure the underlying operating
performance of the Company. Presenting these measures from period to period helps management and investors evaluate earnings trends more readily in
comparison with results from prior periods. Adjusted net earnings (loss) is defined as net earnings (loss) adjusted to exclude specific items that are
significant, but not reflective of the underlying operations of the Company, including: fair value change of the convertible notes, the impact of foreign
exchange gains and losses, including the foreign exchange on deferred income and mining taxes, non-cash unrealized gains and losses on derivative
instruments, accretion on convertible notes, unwinding of discount on decommissioning and restoration provisions, impairment provisions and reversals
thereof, and other non-recurring items. Adjusted basic net earnings (loss) per share is calculated using the weighted average number of shares outstanding
under the basic method of loss per share as determined under IFRS.

4
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 February 4, 2014, Detour Gold announced an updated life of mine plan for the Detour Lake mine. The NI 43-101 compliant Technical Report for this
update was filed on SEDAR on February 4, 2014. The following QPs participated in this update: BBA Inc., under the direction of André Allaire, Eng.,
Acting President and CEO and Patrice Live, Eng., Director Mining; SGS Canada Inc., under the direction of Yann Camus, Eng., Project Engineer, 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 and Geotechnical Engineering Group Manager.

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Unique Investment Opportunity
Mining-friendly Jurisdiction
 Large-scale, long mine life
 Growing cash flow profile
 Production growth opportunities
 Favourable exposure to
Canadian Dollar
 Largest gold producing mine not
controlled by a senior producer
DOMINANT
GOLD PRODUCER
IN CANADA

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2015 Production Guidance (Koz)
#2 in Production and #1 in Reserves
DGC
Detour Lake
AEM/YRI
Canadian
Malartic
AEM
Meadowbank
G
Red Lake
Canadian Intermediate Gold Producer
400-
425
560
475-
525
400
Gold Reserves (Moz)
DGC
Detour Lake
AEM/YRI
Canadian
Malartic
AEM
Meadowbank
G
Red Lake
2.1
15.0
8.7
1.2

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2015 Drivers to Success
Added Benefits
Near to Long-
Term Value
Enhancements
 Gold production increase with higher
mining & milling rates
 Strengthen balance sheet
2015
Execution
of plan
VALUE
ENHANCEMENTS
ADDED
BENEFITS
 Significant
leverage to gold
price and $Cdn
 Favourable
power and
diesel costs
 Further plant
optimization
(with limited
capital injection)
 Development
of Block A
 Exploration
potential

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2015 Guidance1
TCC2
$780-
$850
AISC/oz sold2
$1,050-$1,150
No change
 Sustaining capital: US$90-100 M
475,000 -
525,000
Gold ounces
ESTIMATED
COSTS
ESTIMATED
PRODUCTION
Revised
 Deferred stripping: US$10 M
1. Cost assumptions (US$): 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.
2015
Third year
of operation
Targeting mid-point

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Solid Progress to date in 2015
106 125 128
$1,321
$1,030
$1,071
$750
$850
$950
$1,050
$1,150
$1,250
$1,350
0
20
40
60
80
100
120
140
Q1-Q3 2015: Detour Lake Mine
■ AISC ($/oz sold)1
■ Gold Production (k oz)
Q1 Q3
1. Refer to the section on Non-IFRS Performance Measures on slide 3 of this presentation. Reconciliation and adjustment of this measure
is described in the MD&A for Q3’15.
Q1-Q3 2015 Highlights:
 Gold production of 359,142 oz at TCC
of $806/oz sold and AISC of $1,130/oz
sold
 Q3 operating profit of $3.4 M
 $133.5 M cash position and short-term
investments at Q3 end
Q4 2015 Expectations:
 Higher gold production
 Determine options for advancing
development of Lower Detour
Q2

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48
57 56
55
30
40
50
60
Q1'15 Q2'15 Q3'15 Q4E
 Throughput rate of 56,015 tpd
› Impacted by unplanned replacement of SAG mill pulp lifters
and 410-conveyor belt
› Exceeding design capacity since March
 Record milling rates at 2,750 tpoh with operating time at 85%
› 10% over design rate of 2,500 tpoh
Q3 2015 Operating Results – Mill
2015 Mill Throughput (k tpd)
MT
ore milled
0.86 G/T AU
head grade
%
gold recovery
5.2
90
Q3’15 Performance
Q1 Q2 Q3

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220
280
255
170
190
210
230
250
270
290
Q1A Q2A Q3A Q4E
 Mining rates averaged 255,000 tpd
 Mineable and drilled inventory at 8.5 Mt at end of Q3
 YTD ahead of mine plan in Phase 1 by approximately 5 Mt
Q1 Q2
Mining Rates (k tpd)
Q3 2015 Operating Results – Mine
Q1-Q3 Achieved Q4 Target 250-260
Q3
Q3’15 Performance
total mined23.5 MT
2.6 strip ratio

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Q3 2015 – Detour Lake Pit (Sept. 26)

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Met objectives for the quarter:
 Accessing higher grade ore from east
end of pit (former Campbell pit area)
 Preparation for mining west end of pit
(calcite zone)
 Increasing ROM stockpiles to 3.3 Mt
grading 0.67 g/t at Q3-end
 Advancing Phase 2 pre-stripping
 TMA activities on plan and on budget
Q3 2015 Operating Results

14
Q4 2015 Operational Focus
Q4 Focus
 Process ~5 Mt of ore at higher grade
(>0.9 g/t Au)
 Planned shutdown for liner replacement
extended to replace damaged ball mill
trunnion
 Continue efforts to improve mill
availability
› 410-conveyor modifications planned
for H1 2016
 Mining rates of 250,000 to 260,000 tpd
› Including 2 shovels allocated to Phase
2 pre-stripping
MT
ore milled
G/T AU
head grade
%
gold recovery
2015 Mine Plan Targets
0.86
19.7
91.5

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$942 $939
$734 $766
2014 Q1'15 Q2'15 Q3'15
Q3 2015 Operating Costs
 Higher production costs
due to more tonnes mined
and increased drilled &
blasted inventory
 Lower electricity costs more
than offset the costs of
unplanned plant shutdowns
 AISC impacted by realized
losses on currency hedges
TCC & AISC1 ($/oz sold)
$1,321
$1,030
1. Refer to the section on Non-IFRS Performance Measures on slide 3. Reconciliation of these measures is
described in the MD&A for the relevant periods.
Q3’2015 YTD 2015E
Mining (C$/t mined) $2.69 $2.54 $2.60
Processing (C$/t milled) $8.64 $9.79 $9.87
G&A (C$/t milled) $3.19 $3.23 $3.05
 Total Cash Costs1
 Other (sustaining capital, G&A and exploration)
$1,071

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 ~90% of costs in Cdn$
 Q3 sustaining capital of $27 M
› $16.8 M for TMA
› $8.1 M for mine equipment
 No capitalized stripping in Q3
or planned for Q4
Mine
$24 M
TMA
$30 M
Other
$3 M
Mill
$9 M
Water
Management
$8 M
Q1-Q3 2015 Capital Expenditures
Q1-Q3’15 2015E
Sustaining Capital $73.0 $90-100
Capitalized Stripping $10.0 $10
Total ($M) $83.0 $100-110
YTD Breakdown of
2015 Sustaining Capital

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Prudent Financial Management
DIESEL
 Q1-Q3’15 effective
hedging program
 No current hedges
in place
CDN DOLLARGOLD
 Forward contracts
for $30 M @
average 1.25
(ends Nov’15)
 Zero-cost collars
for $20 M @ 1.26-
1.35 (ends Jan’16)
 Purchasing 6 M
litres @ effective
hedge price of
$0.46/litre
(ends Dec’15)
Balanced risk management strategy
 Applied short-term hedging program in 2015

18
LOM Plan Update to Focus on a Lower
Risk Operational Profile
 Mining rate reduction from max. of
140 Mt/yr (2014 TR)
 Higher plant throughput capacity than
22.3 Mt/yr (2014 TR)
 Adding Block A as a second feed
source (expecting to start pre-stripping
in 2018)
 Adding processing of fines (enriched
low-grade stockpile)
LOM Plan Update – January Target
Maximize NAV & Returns
for Next 5-10 yrs

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Detour Lake & Block A
US$1,000/oz
US$1,200/oz
15.0 Moz
@ 1.01 g/t Au
P+P
2.0 Moz
@ 1.15 g/t Au
M+I
~5.5 km
Phase 1 Pit
Note: Mineral reserves and resources as of December 31, 2014.

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Segregation of fines
 Gold concentrates in the fine material on the
top portion of the low grade stockpile
Tests validating grade and milling rate
improvement
 41% grade improvement (from 0.44 g/t to 0.62 g/t)
 25% of fine material displaces fresh feed ore
Plans and impact
 Incorporate into LOM plan
› Potential for up to 20,000 oz/yr
Processing of Fines
Low-grade stockpile
(avg. grade 0.44 g/t)
Natural segregation of fines
from unloading truck

21
Exploration – Lower Detour
30,000 m drilling program near
completion
 Positive results from first half of program
› Confirming continuity of gold
mineralization within Zone 58N
› 29 out of 34 holes with visible gold
 Results from second half of the program
expected in December
 Once received assess underground
potential:
› Surface infill drilling of upper 200 m
› Underground definition drilling
Qtz-tourmaline stockworks
in altered feldspar porphyry

22
PRODUCTION GROWTH /
DECLINING UNIT COSTS
REALIZE VALUE-ENHANCING
OPPORTUNITIES
MATERIAL INPUTS TRENDING
FAVOURABLY
GROWING CASH FLOW
A GREAT TIME TO BE A
GOLD PRODUCER!

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ADDITIONAL
information
 2015 Safety Performance
 Q3 2015 Operational &
Financial Summary
 Lower Detour Exploration
 Shareholder Information
 Analyst Coverage
 Management & Directors
 Contact Information

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3.9
2.5 2.4
0
0.5
1
1.5
2
2.5
3
3.5
4
2014 ON
Average2
Total Recordable Injury
Frequency Rate (TRIFR)1
2015 Safety Performance
Q1-Q3
2015
2014
2015 TRIFR
 2.4 average for Q1-Q3
 1.7 average for Q3
1. Total recordable injury frequency rate = Total recordable injuries x 200,000 hours divided by total man hours worked.
2. 2014 Ontario Mining Industry average (source: Workplace Safety North, WSIB).

25
Q3 2015 Operational Statistics
Q3’14 Q4’14 Q1’15 Q2’15 Q3’15
Ore mined (Mt) 4.20 4.30 3.82 6.37 6.50
Waste mined (Mt) 14.71 15.39 15.97 19.08 17.00
Total mined (Mt) 18.91 19.69 19.79 25.45 23.49
Strip ratio (waste:ore) 3.5 3.6 4.2 3.0 2.6
Mining rate (tpd) 206,000 214,000 220,000 280,000 255,000
Ore milled (Mt) 4.53 4.71 4.30 5.19 5.15
Mill grade (g/t Au) 0.88 0.85 0.84 0.82 0.86
Recovery (%) 90 91 91 91 90
Mill throughput (tpd) 49,186 51,142 47,797 57,015 56,015
Mill operating time (%) 81 83 78 88 85
Ounces produced (oz) 115,344 116,770 105,572 125,348 128,222
Ounces sold (oz) 106,334 124,913 104,497 123,296 126,241

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Q3 2015 Financial Summary
Key Financial Statistics
($M, except per share amounts)
Q3’15
Metal sales $142.4
Production costs ($98.0)
Depreciation & depletion ($41.1)
Earnings from mine operations $3.4
Net loss/adjusted net loss1 ($44.3) / ($13.3)
Net loss/adjusted basic loss
per share1 ($0.26) / ($0.08)
Cash & short-term investments $133.5
1. Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation.

27
Benefiting from a Weak Cdn $
$1,000
$1,100
$1,200
$1,300
$1,400
$1,500
Budget 2015 1-Jan-15 30-Sep-15
$Cdn $US
Gold Performance
YTD at Q3 End
$Cdn: +9%
$US: -6%
$/oz
FX rate 1.15 1.16 1.34
YTD at end of Q3 2015 Gold Price
in US Dollars vs Canadian Dollars
$1,380 $1,372
$1,492
$1,200
$1,182
$1,114

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Lower Detour
Area
630 km2
Exploration Focus: Lower Detour
Block A
Resource
Detour Lake
OP Mine

29
Lower Detour Summer Drilling Program*
*2015 summer infill drilling program of 30,000 m started in June and is expected to be completed in Q4’15.
Long section showing selected significant assay results received from first 34 holes.

30
1. Conversion price for the Notes is $38.50.
2. Cash and short-term investments at September 30, 2015.
Shareholder Information
Paulson & Co.
>80% INSTITUTIONS TOTAL
8.9 M Share options
13.0 M Convertible notes 1
192.6 M FULLY DILUTED
170.7 M Issued & outstanding
Share Structure (03/31/2014) Top Shareholders
13%
C$2.7
6
BILLION
market cap$133.5 MILLION
cash position2
Share Structure (September 30, 2015) Top Shareholders
Blackrock11%

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Initiating
Research
Firm Analyst Target Price at
October 26, 2015
07.06.11 Haywood Kerry Smith $18.50
07.07.09 Paradigm Don Blyth/Don MacLean $18.50
07.08.07 Raymond James Phil Russo $19.25
07.11.26 National Bank Steve Parsons $17.50
07.12.20 Macquarie Mike Siperco $19.00
08.01.14 Canaccord Rahul Paul $20.00
08.07.14 TD Dan Earle $21.00
08.09.04 RBC Dan Rollins $19.00
08.11.06 BMO NB Brian Quast $16.00
09.06.17 Laurentian Pierre Vaillancourt $16.40
10.05.19 CIBC World Markets Cosmos Chiu $16.50
10.07.22 Credit Suisse Anita Soni $18.00
13.04.16 Scotiabank Trevor Turnbull $18.00
13.08.14 Desjardins Michael Parkin $18.00
13.11.12 Beacon Securities Michael Curran $15.75
13.12.09 GMP Securities Ian Parkinson $13.25
14.02.06 Cormark Securities Richard Gray/Tyron Breytenbach $20.00
14.04.22 Goldman Sachs Andrew Quail $17.00
14.06.17 Dundee Capital Markets Josh Wolfson $20.00
14.09.03 Morgan Stanley Brad Humphrey $17.00
Average target C$17.93
Analyst Coverage (20)

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 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
 Rachel Pineault
VP HR & Aboriginal Affairs
 Ruben Wallin
VP Environment &
Sustainability
 Charles Hennessey
Mine General Manager
 Laurie Gaborit
Director Investor Relations
 Alberto Heredia
Controller
 Lisa Colnett
 Robert E. Doyle
 André Falzon
 Alex G. Morrison
 Jonathan Rubenstein
 Graham Wozniak
 Ingrid Hibbard
 Michael Kenyon
 Paul Martin
Management & Directors
Management
Directors

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Laurie Gaborit
Director Investor Relations
Email: lgaborit@detourgold.com
Phone: 416.304.0581
Paul Martin
President and Chief Executive Officer
Email: pmartin@detourgold.com
Phone: 416.304.0800
www.detourgold.com
Contact Information

Dgc 15 10_29 - corporate presentation

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