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,
the completion of a pre-feasibility study on Block A, 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.
2
3. NI-43 101 Disclosure
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.
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.
3
4. Invest in Detour Gold
Our Vision
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
4
5. Share Capital
ISSUED AND
C$2.0 B OUTSTANDING
117.9M
MARKET CAP
C$170 M FULLY DILUTED
139.8 M
CASH POSITION
OPTIONS & FN SHARE
COMMITMENTS
TOP
SHAREHOLDERS CONVERTIBLE
8.9 M
NOTES
PAULSON & CO: 15%
INSTITUTIONS TOTAL: >80% 13.0 M
Note: Cash position and share data at March 31, 2013.
5
6. Focused on One Core Asset
Detour Lake - Ontario, Canada
Low-risk, mining friendly
jurisdiction
Large prospective land
package of 566 km2 on Abitibi
Greenstone Belt
In production: Detour Lake
open pit mine
15.6 M oz in reserves
In progress: Block A pre-
feasibility study
Exploration: Targeting
high-grade mineralization
6
7. From Core to Pour
Record Timing from “Discovery” to Production
Detour Lake in 6 years
2007 2009 2010 2011-12 2013
PRODUCTION
2013
ACQUISITION PRE-FEASIBILITY FEASIBILITY DEVELOPMENT PRODUCTION
/DISCOVERY STUDY STUDY &
PERMITTING
7
8. Detour Lake Mine in 6 Years
Consistently Delivered Results
Focused on execution
Built strong management team with track record of success
Increased resource growth by 750% since acquisition at <$5/oz
Completed positive economic studies over a 2-year period
Raised over $2 billion while limiting share dilution
Completed mine construction within time frame (27 months)
Obtained strong community and Aboriginal support
8
9. 2013 Objectives
H1 2013
First gold pour in February
Securing $90 million credit facility
Commissioning of second production line
25,000 m drilling program targeting high-grade gold mineralization
H2 2013
Achieving commercial production
Gold production target of max. 350,000 ounces for the year
Completing pre-feasibility study on Block A
Advancing evaluation of mine expansion scenarios
Year-end mineral resources/reserves update
9
10. Corporate Responsibility
Focus on health and safety of our employees, the well-being of
our community and the protection of the natural environment
Hiring in the region, giving priority to local Aboriginal communities:
95% of workforce from region
28% are Aboriginals WORKFORCE ORIGIN
Scholarship and job training
Supporting local communities COCHRANE
AREA
COCHRANE
25%
Business opportunities 26%
Participation in municipal development NORTHERN
REST OF
ONTARIO
Corporate philanthropy ONTARIO
3%
44%
OTHER
2%
10
11. Detour Lake Mine
Production Start 02/ 2013
OP reserves (M oz) 15.6
Mill throughput (tpd) 55,000
Strip ratio (waste:ore) 3.7
Gold recoveries 91%
Average grade (g/t) 1.03
Estimated mine life (yrs) 21.5
Avg. production (oz/yr) 657,000
Initial capex (C$ B) 1.5
Sustaining capex (C$ B) 1.2
11
12. Projected LOM Operating Costs
Breakdown of 2013-14 TCC
Operating Costs (LOM) C$/t milled C$/t mined C$/oz
Mining costs 11.65 2.49 388
LABOUR
Processing cost 7.83 -- 260 18% POWER
G&A 1.86 -- 62
12%
DIESEL
Cash operating costs 21.34 -- 710 MAINTENANCE 8%
Royalty (2%) and other 1.26 -- 42 22% G&A
Refining 0.12 -- 4
5%
Silver credit (0.20) -- (7) CONSUMABLES ROYALTY+
OTHER
Total cash costs (TCC) 22.52 -- 749 29% (2% NSR)
6%
A 10% change in:
Diesel or power costs = $9/oz change in TCC
Cdn$ FX rate = $63/oz in TCC
12
13. 2013 Ramp Up
Mining
Current stockpiles:
2.3 Mt grading 0.7 g/t
1.6 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
13
14. Q1 Operation Statistics
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
(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) 7,300oz poured and 9,541 oz of plant
inventory.
14
15. 2013 Guidance
Guidance to be revised in Q2
Total gold production: max. 350,000 oz
Post commercial production (Q3):
Total cash costs of C$800/oz to
C$900/oz based on 200,000 oz to
250,000 oz sold
Sustaining capital: C$180 M
(<$80 M in H1)
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)
15
16. Mining Production
NORTH WASTE
MINERALIZED DUMP PLANT SITE
ZONE
CAMPBELL
PIT
CURRENT
PIT SHAPE APPROX. PIT SHELL
AT END OF LOM
Satellite image dated July 2012
16
19. Organic Growth Opportunities
Inferred M&I P&P
Development 30M oz
Grow reserve base to +20 M oz
Complete Block A pre-feasibility
study in 2013-14
Evaluate Detour Lake expansion 20M oz
Exploration
Large prospective land position of 14.9
15.6
566 km2
11.4
Tested gold targets on structures 10M oz
8.8
south of Detour Lake: 25,000 m
completed (results pending)
19
20. Development – Block A
Block A pre-feasibility study underway
Evaluate potential expansion options
20
21. Exploration – South Structure
15.6 M oz in Reserves
25,000 m
in 2013
*Note: Excludes drilling around Detour Lake and M zone (Block A).
21
22. Invest in Detour Gold
Our Vision
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
22
24. Current Valuation vs. Peers
Share of Au Reserves per
Consensus P/NAV EV / Reserves(1)
$1000(2)
Alacer 0.92x New Gold $585 African Barrick 13.8
New Gold 0.89x Alamos $540 Allied Nevada 8.0
Alamos 0.80x Osisko $276 Centerra 7.9
AuRico 0.79x AuRico $209 Detour 6.8
Osisko 0.73x IAMGOLD $198 Alacer 4.6
IAMGOLD 0.62x Detour $169 AuRico 4.4
Detour 0.61x Alacer $149 IAMGOLD 4.2
African Barrick 0.48x Allied Nevada $140 Osisko 3.9
Allied Nevada 0.46x Centerra $100 New Gold 1.8
Centerra 0.37x African Barrick $47 Alamos 1.3
Source: Bloomberg, company filings and select Street Research
Note: Market data updated to March 28, 2013
1. Shown based on gold only reserves on an attributable basis.
2. Calculated as US$1,000 divided by fully diluted market capitalization multiplied by total attributable gold only reserves.
24
25. Detour Lake Profile
Sept. 2012
Detour Lake
Mine Plan(3)
Gold price (US$/oz) (1) 1,200
Foreign exchange rate (US$/Cdn$) 1.00 Open pit
Assumptions Fuel price (US$/barrel) 100 @ 0.5 g/t cut-off 20,600E
Income/mining tax rate (%) 25/10
Net Smelter Royalty (%) 2
Ore milled (Mt) 470.0
Waste mined (Mt) (4) 1,734 16,500E
Mine Strip ratio (waste:ore) 3.7
Parameters Avg. gold grade (g/t) 1.03
700 m 1.0 g/t Au
Total contained gold (M oz) 15.6
0.5 - 1.0 g/t Au
Estimated gold recovery (%) 91.0
<0.5 g/t Au
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.
25
27. Detour Lake Reserves & Resources
As at December 31, 2011
Tonnes Grade Contained Gold
@ US$850/oz
(millions) (g/t) (‘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.
27
28. Detour Lake & Block A
Block A near-surface resource
2012 completed DH Detour Lake
DH included in 2011 year-end 2011 year-end reserves = 15.6 M oz
reserves
DH not included in 2011 year-end
reserves
Historical DH
28
29. Management & Directors
Management
Gerald Panneton Pat Donovan Andrew Croal
Founder, President & CEO VP Corporate Development Director Technical Services
Director James Mavor Laurie Gaborit
Michael Kenyon VP Finance Director Investor Relations
Executive Chairman Rachel Pineault Jean-Francois Metail
Paul Martin VP HR & Northern Affairs Director Reserves and Resources
CFO James Robertson Greg Miazga
Pierre Beaudoin VP Environment & Director Construction & Engineering
Chief Operating Officer Sustainability
Bill Snelling
Julie Galloway Eric Josipovic Director Corporate Systems & Controls
Sr VP General Counsel & Controller
Christian Brousseau
Corporate Secretary Drew Anwyll Project Manager
Derek Teevan Director of Operations
Sr VP External & Patrik Gillerstedt
Aboriginal Affairs Mine Manager
Directors
Peter Crossgrove Ingrid Hibbard Gerald Panneton
Louis Dionne Michael Kenyon Jonathan Rubenstein
Robert E. Doyle Alex G. Morrison Graham Wozniak
Andre Falzon
29
30. Contact Information
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
30