1
CANADA’S NEXT
INTERMEDIATE
GOLD PRODUCER
RBC Global Mining & Materials Conference, Boston
June 16-18, 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 the
commencement of commercial production at the Detour Lake mine, 2013 guidance for gold production and total cash costs,
reserve and resource estimates, ore grade, expected mine life, average annual gold production, gold recovery, cash operating
costs and other costs, sensitivity to metal prices and other sensitivities, ramp-up of operations, mining rates reaching
approximately 200,000 tpd by year-end 2013, future operating plans, 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.
3
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.
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.
NI-43 101 Disclosure
Information Containing Estimates of Mineral Reserves and Resources
4
Focus and Discipline
 Leverage to gold price
 Optimize operation
 Organic growth
 Safe jurisdiction
Per Share Value Creation
 Free cash flow growth
 Limit share dilution
 Return on capital
Invest in Detour Gold
Our Vision
Become a leading intermediate gold producer and
premier investment opportunity
5
Note: Cash position and share data at June 11, 2013 (includes equity raise of 20,125,000 sh @ C$8.75
for gross proceeds of C$176 M). Conversion price for the Notes is US$38.50.
Share Capital
FULLY DILUTED
159.9 M
OPTIONS & FN SHARE
COMMITMENTS
8.8 M
CONVERTIBLE
NOTES
13.0 M
ISSUED AND
OUTSTANDING
138.0 M
C$1.5 B
C$245 M
TOPSHAREHOLDERS
MARKET CAP
CASH POSITION
PAULSON & CO: 15%
INSTITUTIONS TOTAL: >80%
6
Focused on One Core Asset
Detour Lake - Ontario, Canada
 Low-risk, safe mining jurisdiction
 Large prospective land package of 566 km2 on Abitibi Greenstone Belt
› Detour Lake open pit mine – 15.6 M oz in reserves
› Significant potential to expand mineral resources
› Exploration upside
7
PRODUCTION
2013
Record Timing from “Discovery” to Production
Detour Lake in 6 years
ACQUISITION
/DISCOVERY
PRE-FEASIBILITY
STUDY
FEASIBILITY
STUDY &
PERMITTING
DEVELOPMENT PRODUCTION
2007 2009 2010 2011-12 2013
From Core to Pour
8
Scorecard Highlights
 Delivered results in timely manner over last 6 years
 Built strong management team with track record of success
 Increased mineral resources by 750% since acquisition at <$5/oz
 Completed positive economic studies over a 2-year period
 Raised over $2.5 billion (equity + debt)
 Completed mine construction on time (27 months)
 Obtained strong community and Aboriginal support
 Started gold production in Q1 2013
Focus
Q3 Q4
Strategy: ExecutionDiscipline
9
H1 2013
First gold pour in February
Secured $90 million credit facility
Commissioned second production line
25,000 m drilling program targeting high-grade
gold mineralization
H2 2013
 Achieving commercial production in Q3
 Gold production target of between 260,000 and
320,000 ounces for the year
 Year-end mineral resources/reserves update
2013 Objectives
10
Focus on health and safety of our employees, the well-being of
our community and the protection of the natural environment
 Hiring in the region, giving priority to local Aboriginal communities:
 95% of workforce from region
 28% are Aboriginals
 Scholarship and job training
 Supporting local communities
 Business opportunities
 Participation in municipal development
 Corporate philanthropy
NORTHERN
ONTARIO
44%
COCHRANE
25%
COCHRANE
AREA
26%
REST OF
ONTARIO
3%
2%
OTHER
Corporate Responsibility
WORKFORCE ORIGIN
11
OP reserves (M oz) 15.6
Mill throughput (tpd) 55,000
Strip ratio (waste:ore) 3.7
Gold recoveries 91%
Average grade (g/t) 1.03
Estimated mine life (yrs) 21.5
Avg. production (oz/yr) 657,000
Initial capex (C$ B) 1.5
Sustaining capex (C$ B) 1.2
Detour Lake Mine at a Glance
Gold production started in February 2013
12
MAINTENANCE
LABOUR
POWER
DIESEL
G&A
ROYALTY+
OTHER
(2% NSR)
CONSUMABLES
29%
22%
18%
12%
8%
5%
6%
Breakdown of 2013-14 TCC
Operating Costs (LOM) C$/t milled C$/t mined C$/oz
Mining costs 11.65 2.49 388
Processing cost 7.83 -- 260
G&A 1.86 -- 62
Cash operating costs 21.34 -- 710
Royalty (2%) and other 1.26 -- 42
Refining 0.12 -- 4
Silver credit (0.20) -- (7)
Total cash costs (TCC) 22.52 -- 749
A 10% change in:
Diesel or power costs = $9/oz change in TCC
Cdn$ FX rate = $63/oz in TCC
Projected LOM Operating Costs
13
2013 Ramp Up
Mining
 Current stockpiles:
 2.3 Mt grading 0.7 g/t
 1.9 Mt grading 0.4 g/t
 Mining rates to ~200,000 tpd by
year-end
 Mining fleet of 20 haul trucks &
4 shovels
Processing Plant
 55,000 tpd conventional gravity and
CIP processing plant with two
production lines
 Line 1 & 2 in operation
 Optimize and improve efficiencies
14
PLANT SITE
CAMPBELL
PIT
APPROX. PIT SHELL
AT END OF LOM
CURRENT
PIT SHAPE
MINERALIZED
ZONE
Satellite image dated July 2012
NORTH WASTE
DUMP
Mining Production
15
Bench
6252m
Bench
6240m
Grade Control
DDH Block model 40x40m drill spacing RC GC 20X10m & 10X10m drill spacing
Block Gold Grade
(g/t)
< 0.3
< 0.5
< 0.8
< 2.0
> = 2.0
16
Q1 2013
Ore tonnes mined (Mt) 1.29
Tonnes milled (Mt) 1.02
Mill grade (g/t Au) 0.64
Recovery (%) 80
Availability (%) (1) 66
Gold produced (oz) (2) 16,841
Q1 Operation Statistics
(1) Quarterly period starting on January 12 with
first production line and on March 9 with second
production line. Availability averaged 70% for
both production lines in the last week of March.
(2) 7,300 oz poured and 9,541 oz of plant
inventory.
17
2013 Guidance
 2013 Revised Guidance
 Total gold production of 260,000 to
320,000 oz
 Post commercial production (Q3):
Total cash costs of C$800 to
C$1,000/oz
 Sustaining capital: C$180 M
(C$89 M incurred up to May 31)
 Commercial production target in Q3
NOTE: Commercial production to be declared after 60
consecutive days of operating at >75% of throughput
(55,000 tpd x 75% = 41,250 tpd)
18
Conventional Milling Process
Primary Crusher
90,000 tpd
Mine Trucks
Secondary Crushers (2)
67,000 tpd
Pebble Crushers (2)
73,000 tpd
To
Market
Gold
Doré Bars
Gold
Furnace
Gold
Electrowinning
Carbon
Stripping
To
Gravity
Circuit
To
Gravity
Circuit
Stockpile SAG Mills (2)
55,000 tpd
Ball Mills (2)
55,000 tpd
CIP
Leach
Tailings
19
 Grow reserve base to +20 M oz
 Reserve/resource update for
Detour Lake mine
 Evaluate Detour Lake mine
expansion and Block A
 Large prospective land position of
566 km2
 Tested gold targets on structures
south of Detour Lake: 25,000 m
completed (partial results received)
Inferred M&I P&P
10M oz
20M oz
30M oz
15.6
14.9
11.4
8.8
Organic Growth Opportunities
20
*Note: Excludes drilling around Detour Lake and M zone (Block A).
25,000 m
in 2013
15.6 M oz in Reserves
Organic Growth Opportunities
21
Near-term objectives (1-3 years):
 Detour Lake reserve/resource update (open pit west expansion)
 Evaluation of potential expansion options
Organic Growth Opportunities
22
25,000 m
in 2013
15.6 M oz in Reserves
20.1g/t/4.5m
Organic Growth Opportunities
23
Focus and Discipline
 Leverage to gold price
 Optimize operation
 Organic growth
 Safe jurisdiction
Per Share Value Creation
 Free cash flow growth
 Limit share dilution
 Return on capital
Invest in Detour Gold
Our Vision
Become a leading intermediate gold producer and
premier investment opportunity
24
ADDITIONAL
INFORMATION
25
Detour Lake Profile
Detour Lake
Sept. 2012
Mine Plan(3)
Gold price (US$/oz) (1) 1,200
Foreign exchange rate (US$/Cdn$) 1.00
Assumptions Fuel price (US$/barrel) 100
Income/mining tax rate (%) 25/10
Net Smelter Royalty (%) 2
Ore milled (Mt) 470.0
Waste mined (Mt) (4) 1,734
Mine Strip ratio (waste:ore) 3.7
Parameters Avg. gold grade (g/t) 1.03
Total contained gold (M oz) 15.6
Estimated gold recovery (%) 91.0
Total recovered gold (M oz) 14.1
Mine life (years) 21.5
Avg. annual gold production (oz) 657,000
1. US$1,600/oz for 2013, US$1,500/oz for 2014, and US$1,400/oz for 2015.
2. Press release Jan. 31, 2011 with Technical Report dated Mar. 15, 2011.
3. Press release Sept. 4, 2012 with Technical Report dated Oct. 18, 2012.
4. Includes low-grade stockpile.
1.0 g/t Au
0.5 - 1.0 g/t Au
<0.5 g/t Au
20,600E
16,500E
700 m
Open pit
@ 0.5 g/t cut-off
26
800
700
600
500
400
300
200
100
0
Gold Production (‘000 oz)
900
850
800
750
700
650
600
550
500
Total Cash Costs (C$/oz)
Gold Production/Cost/Grade Profile
Note: Excludes stripping adjustments.
Avg. C$749/oz
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0
Grade (g/t Au)
Avg. 657,000 oz/yr
2013 Guidance]
27
@ US$850/oz
Tonnes
(millions)
Grade
(g/t)
Contained Gold
(‘000 oz)
Reserves (1)
Proven 101.6 1.29 4,222
Probable 368.4 0.96 11,351
P&P 470.0 1.03 15,573
Resources (2)
Measured 124.5 1.36 5,424
Indicated 554.3 1.00 17,836
M&I 678.8 1.07 23,261
Inferred 208.5 0.86 5,785
1. After a 95% mining recovery rate; Mining dilution factor of 15.5%.
2. Inclusive of mineral reserves.
Detour Lake Reserves & Resources
As at December 31, 2011
28
2012 completed DH
Historical DH
Block A near-surface resource
Detour Lake
2011 year-end reserves = 15.6 M ozDH included in 2011 year-end
reserves
DH not included in 2011 year-end
reserves
Detour Lake & Block A
29
 Gerald Panneton
Founder, President & CEO
 Michael Kenyon
Executive Chairman
 Paul Martin
CFO
 Pierre Beaudoin
Chief Operating Officer
 Julie Galloway
Sr VP General Counsel &
Corporate Secretary
 Derek Teevan
Sr VP Corporate &
Aboriginal Affairs
 Pat Donovan
VP Corporate Development
 James Mavor
VP Finance
 Rachel Pineault
VP HR & Northern Affairs
 James Robertson
VP Environment &
Sustainability
 Eric Josipovic
Controller
 Drew Anwyll
MGM/Director of Operations
 Andrew Croal
Director Technical Services
 Laurie Gaborit
Director Investor Relations
 Jean-Francois Metail
Director Reserves and Resources
 Greg Miazga
Director Construction & Engineering
 Bill Snelling
Director Corporate Systems & Controls
 Rickardo Welyhorski
Director Mineral Processing
 Christian Brousseau
Process Plant Construction Manager
 Charles Hennessey
Deputy General Manager/Process
Plant Manager
 Patrik Gillerstedt
Mine Manager
 Peter Crossgrove
 Louis Dionne
 Robert E. Doyle
 André Falzon
 Gerald Panneton
 Jonathan Rubenstein
 Graham Wozniak
 Ingrid Hibbard
 Michael Kenyon
 Alex G. Morrison
Management & Directors
Management
Directors
30
Gerald Panneton
President & CEO
Email: gpanneton@detourgold.com
Phone: 416.304.0800
Laurie Gaborit
Director Investor Relations
Email: lgaborit@detourgold.com
Phone: 416.304.0800
www.detourgold.com
Contact Information

RBC Global Mining and Materials Conference

  • 1.
    1 CANADA’S NEXT INTERMEDIATE GOLD PRODUCER RBCGlobal Mining & Materials Conference, Boston June 16-18, 2013
  • 2.
    2 Forward Looking Information Thispresentation 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 the commencement of commercial production at the Detour Lake mine, 2013 guidance for gold production and total cash costs, reserve and resource estimates, ore grade, expected mine life, average annual gold production, gold recovery, cash operating costs and other costs, sensitivity to metal prices and other sensitivities, ramp-up of operations, mining rates reaching approximately 200,000 tpd by year-end 2013, future operating plans, 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.
  • 3.
    3 The mineral reserveand 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. 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. NI-43 101 Disclosure Information Containing Estimates of Mineral Reserves and Resources
  • 4.
    4 Focus and Discipline Leverage to gold price  Optimize operation  Organic growth  Safe jurisdiction Per Share Value Creation  Free cash flow growth  Limit share dilution  Return on capital Invest in Detour Gold Our Vision Become a leading intermediate gold producer and premier investment opportunity
  • 5.
    5 Note: Cash positionand share data at June 11, 2013 (includes equity raise of 20,125,000 sh @ C$8.75 for gross proceeds of C$176 M). Conversion price for the Notes is US$38.50. Share Capital FULLY DILUTED 159.9 M OPTIONS & FN SHARE COMMITMENTS 8.8 M CONVERTIBLE NOTES 13.0 M ISSUED AND OUTSTANDING 138.0 M C$1.5 B C$245 M TOPSHAREHOLDERS MARKET CAP CASH POSITION PAULSON & CO: 15% INSTITUTIONS TOTAL: >80%
  • 6.
    6 Focused on OneCore Asset Detour Lake - Ontario, Canada  Low-risk, safe mining jurisdiction  Large prospective land package of 566 km2 on Abitibi Greenstone Belt › Detour Lake open pit mine – 15.6 M oz in reserves › Significant potential to expand mineral resources › Exploration upside
  • 7.
    7 PRODUCTION 2013 Record Timing from“Discovery” to Production Detour Lake in 6 years ACQUISITION /DISCOVERY PRE-FEASIBILITY STUDY FEASIBILITY STUDY & PERMITTING DEVELOPMENT PRODUCTION 2007 2009 2010 2011-12 2013 From Core to Pour
  • 8.
    8 Scorecard Highlights  Deliveredresults in timely manner over last 6 years  Built strong management team with track record of success  Increased mineral resources by 750% since acquisition at <$5/oz  Completed positive economic studies over a 2-year period  Raised over $2.5 billion (equity + debt)  Completed mine construction on time (27 months)  Obtained strong community and Aboriginal support  Started gold production in Q1 2013 Focus Q3 Q4 Strategy: ExecutionDiscipline
  • 9.
    9 H1 2013 First goldpour in February Secured $90 million credit facility Commissioned second production line 25,000 m drilling program targeting high-grade gold mineralization H2 2013  Achieving commercial production in Q3  Gold production target of between 260,000 and 320,000 ounces for the year  Year-end mineral resources/reserves update 2013 Objectives
  • 10.
    10 Focus on healthand safety of our employees, the well-being of our community and the protection of the natural environment  Hiring in the region, giving priority to local Aboriginal communities:  95% of workforce from region  28% are Aboriginals  Scholarship and job training  Supporting local communities  Business opportunities  Participation in municipal development  Corporate philanthropy NORTHERN ONTARIO 44% COCHRANE 25% COCHRANE AREA 26% REST OF ONTARIO 3% 2% OTHER Corporate Responsibility WORKFORCE ORIGIN
  • 11.
    11 OP reserves (Moz) 15.6 Mill throughput (tpd) 55,000 Strip ratio (waste:ore) 3.7 Gold recoveries 91% Average grade (g/t) 1.03 Estimated mine life (yrs) 21.5 Avg. production (oz/yr) 657,000 Initial capex (C$ B) 1.5 Sustaining capex (C$ B) 1.2 Detour Lake Mine at a Glance Gold production started in February 2013
  • 12.
    12 MAINTENANCE LABOUR POWER DIESEL G&A ROYALTY+ OTHER (2% NSR) CONSUMABLES 29% 22% 18% 12% 8% 5% 6% Breakdown of2013-14 TCC Operating Costs (LOM) C$/t milled C$/t mined C$/oz Mining costs 11.65 2.49 388 Processing cost 7.83 -- 260 G&A 1.86 -- 62 Cash operating costs 21.34 -- 710 Royalty (2%) and other 1.26 -- 42 Refining 0.12 -- 4 Silver credit (0.20) -- (7) Total cash costs (TCC) 22.52 -- 749 A 10% change in: Diesel or power costs = $9/oz change in TCC Cdn$ FX rate = $63/oz in TCC Projected LOM Operating Costs
  • 13.
    13 2013 Ramp Up Mining Current stockpiles:  2.3 Mt grading 0.7 g/t  1.9 Mt grading 0.4 g/t  Mining rates to ~200,000 tpd by year-end  Mining fleet of 20 haul trucks & 4 shovels Processing Plant  55,000 tpd conventional gravity and CIP processing plant with two production lines  Line 1 & 2 in operation  Optimize and improve efficiencies
  • 14.
    14 PLANT SITE CAMPBELL PIT APPROX. PITSHELL AT END OF LOM CURRENT PIT SHAPE MINERALIZED ZONE Satellite image dated July 2012 NORTH WASTE DUMP Mining Production
  • 15.
    15 Bench 6252m Bench 6240m Grade Control DDH Blockmodel 40x40m drill spacing RC GC 20X10m & 10X10m drill spacing Block Gold Grade (g/t) < 0.3 < 0.5 < 0.8 < 2.0 > = 2.0
  • 16.
    16 Q1 2013 Ore tonnesmined (Mt) 1.29 Tonnes milled (Mt) 1.02 Mill grade (g/t Au) 0.64 Recovery (%) 80 Availability (%) (1) 66 Gold produced (oz) (2) 16,841 Q1 Operation Statistics (1) Quarterly period starting on January 12 with first production line and on March 9 with second production line. Availability averaged 70% for both production lines in the last week of March. (2) 7,300 oz poured and 9,541 oz of plant inventory.
  • 17.
    17 2013 Guidance  2013Revised Guidance  Total gold production of 260,000 to 320,000 oz  Post commercial production (Q3): Total cash costs of C$800 to C$1,000/oz  Sustaining capital: C$180 M (C$89 M incurred up to May 31)  Commercial production target in Q3 NOTE: Commercial production to be declared after 60 consecutive days of operating at >75% of throughput (55,000 tpd x 75% = 41,250 tpd)
  • 18.
    18 Conventional Milling Process PrimaryCrusher 90,000 tpd Mine Trucks Secondary Crushers (2) 67,000 tpd Pebble Crushers (2) 73,000 tpd To Market Gold Doré Bars Gold Furnace Gold Electrowinning Carbon Stripping To Gravity Circuit To Gravity Circuit Stockpile SAG Mills (2) 55,000 tpd Ball Mills (2) 55,000 tpd CIP Leach Tailings
  • 19.
    19  Grow reservebase to +20 M oz  Reserve/resource update for Detour Lake mine  Evaluate Detour Lake mine expansion and Block A  Large prospective land position of 566 km2  Tested gold targets on structures south of Detour Lake: 25,000 m completed (partial results received) Inferred M&I P&P 10M oz 20M oz 30M oz 15.6 14.9 11.4 8.8 Organic Growth Opportunities
  • 20.
    20 *Note: Excludes drillingaround Detour Lake and M zone (Block A). 25,000 m in 2013 15.6 M oz in Reserves Organic Growth Opportunities
  • 21.
    21 Near-term objectives (1-3years):  Detour Lake reserve/resource update (open pit west expansion)  Evaluation of potential expansion options Organic Growth Opportunities
  • 22.
    22 25,000 m in 2013 15.6M oz in Reserves 20.1g/t/4.5m Organic Growth Opportunities
  • 23.
    23 Focus and Discipline Leverage to gold price  Optimize operation  Organic growth  Safe jurisdiction Per Share Value Creation  Free cash flow growth  Limit share dilution  Return on capital Invest in Detour Gold Our Vision Become a leading intermediate gold producer and premier investment opportunity
  • 24.
  • 25.
    25 Detour Lake Profile DetourLake Sept. 2012 Mine Plan(3) Gold price (US$/oz) (1) 1,200 Foreign exchange rate (US$/Cdn$) 1.00 Assumptions Fuel price (US$/barrel) 100 Income/mining tax rate (%) 25/10 Net Smelter Royalty (%) 2 Ore milled (Mt) 470.0 Waste mined (Mt) (4) 1,734 Mine Strip ratio (waste:ore) 3.7 Parameters Avg. gold grade (g/t) 1.03 Total contained gold (M oz) 15.6 Estimated gold recovery (%) 91.0 Total recovered gold (M oz) 14.1 Mine life (years) 21.5 Avg. annual gold production (oz) 657,000 1. US$1,600/oz for 2013, US$1,500/oz for 2014, and US$1,400/oz for 2015. 2. Press release Jan. 31, 2011 with Technical Report dated Mar. 15, 2011. 3. Press release Sept. 4, 2012 with Technical Report dated Oct. 18, 2012. 4. Includes low-grade stockpile. 1.0 g/t Au 0.5 - 1.0 g/t Au <0.5 g/t Au 20,600E 16,500E 700 m Open pit @ 0.5 g/t cut-off
  • 26.
    26 800 700 600 500 400 300 200 100 0 Gold Production (‘000oz) 900 850 800 750 700 650 600 550 500 Total Cash Costs (C$/oz) Gold Production/Cost/Grade Profile Note: Excludes stripping adjustments. Avg. C$749/oz 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0 Grade (g/t Au) Avg. 657,000 oz/yr 2013 Guidance]
  • 27.
    27 @ US$850/oz Tonnes (millions) Grade (g/t) Contained Gold (‘000oz) Reserves (1) Proven 101.6 1.29 4,222 Probable 368.4 0.96 11,351 P&P 470.0 1.03 15,573 Resources (2) Measured 124.5 1.36 5,424 Indicated 554.3 1.00 17,836 M&I 678.8 1.07 23,261 Inferred 208.5 0.86 5,785 1. After a 95% mining recovery rate; Mining dilution factor of 15.5%. 2. Inclusive of mineral reserves. Detour Lake Reserves & Resources As at December 31, 2011
  • 28.
    28 2012 completed DH HistoricalDH Block A near-surface resource Detour Lake 2011 year-end reserves = 15.6 M ozDH included in 2011 year-end reserves DH not included in 2011 year-end reserves Detour Lake & Block A
  • 29.
    29  Gerald Panneton Founder,President & CEO  Michael Kenyon Executive Chairman  Paul Martin CFO  Pierre Beaudoin Chief Operating Officer  Julie Galloway Sr VP General Counsel & Corporate Secretary  Derek Teevan Sr VP Corporate & Aboriginal Affairs  Pat Donovan VP Corporate Development  James Mavor VP Finance  Rachel Pineault VP HR & Northern Affairs  James Robertson VP Environment & Sustainability  Eric Josipovic Controller  Drew Anwyll MGM/Director of Operations  Andrew Croal Director Technical Services  Laurie Gaborit Director Investor Relations  Jean-Francois Metail Director Reserves and Resources  Greg Miazga Director Construction & Engineering  Bill Snelling Director Corporate Systems & Controls  Rickardo Welyhorski Director Mineral Processing  Christian Brousseau Process Plant Construction Manager  Charles Hennessey Deputy General Manager/Process Plant Manager  Patrik Gillerstedt Mine Manager  Peter Crossgrove  Louis Dionne  Robert E. Doyle  André Falzon  Gerald Panneton  Jonathan Rubenstein  Graham Wozniak  Ingrid Hibbard  Michael Kenyon  Alex G. Morrison Management & Directors Management Directors
  • 30.
    30 Gerald Panneton President &CEO Email: gpanneton@detourgold.com Phone: 416.304.0800 Laurie Gaborit Director Investor Relations Email: lgaborit@detourgold.com Phone: 416.304.0800 www.detourgold.com Contact Information