Denver Gold corporate presentation

1. 1
Denver Gold Forum
September 22-25, 2013
CANADA’S NEXT
INTERMEDIATE
GOLD
PRODUCER

2. 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 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
Notes to Investors
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.
Information Containing Estimates of Mineral Reserves and Resources
Note Regarding Certain Measures of Performance
This presentation presents estimates of future “cash operating costs per tonne milled”, “cash operating costs per ounce of gold produced”,
“total cash costs per tonne milled” and “total cash costs per ounce of gold produced” which are not recognized financial measures under
GAAP. These non-GAAP financial measures are intended to provide additional information to investors. However, they do not have a
standardized meaning under GAAP and may not be comparable to similar measures presented by other gold producers. The estimates of
future cash operating costs per tonne milled and future cash operating costs per ounce of gold produced include estimated mining,
processing and site administration costs divided by estimated tonnes milled or gold ounces produced, respectively. The estimates of future
total cash costs per tonne milled and future total cash costs per ounce of gold produced include estimated mining, processing, site
administration, royalty and refining costs net of estimated silver by-product credits divided by estimated tonnes milled or gold ounces
produced, respectively. These future estimates are based upon the cash operating costs per tonne milled, the cash operating costs per
ounce of gold produced, the total cash costs per tonne milled and the total cash costs per ounce of gold produced that the Company
expects to incur to mine gold at the Detour Lake mine. Since the Detour Lake mine has not yet reached commercial production, there is no
reconciliation to actual GAAP measures provided as it is not practicable to reconcile these forward-looking non-GAAP financial measures to
the most comparable GAAP measures.

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

5. 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)
› Significant potential for production
growth
› Exploration upside for high-grade
mineralization
ONTARIO
Toronto
Timmins
DETOUR LAKE MINE

6. 6
Note: Cash position at June 30, 2013 and share data at August 31, 2013. Conversion price for the
Notes is US$38.50.
Share Capital
FULLY DILUTED
161.7 M
OPTIONS & FN SHARE
COMMITMENTS
10.6 M
CONVERTIBLE
NOTES
13.0 M
ISSUED AND
OUTSTANDING
138.1 M
C$1.3 B
C$207 M
TOPSHAREHOLDERS
MARKET CAP
CASH POSITION
PAULSON & CO: 15%
INSTITUTIONS TOTAL: >80%

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

8. 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

9. 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
Produced 74,738 ounces of gold in H1
H2 2013
Reached commercial production in August
 Gold production target of 270,000 oz for the year
 Year-end mineral resources/reserves update
2013 Objectives

10. 10
Key Statistics
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
Commercial production declared
on September 1, 2013

11. 11
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 to +200,000 tpd by year-
end
 Mining fleet of 20 haul trucks & 5
shovels (incl. 2 rope shovels)
 Stockpile availability
Detour Lake Mine Ramp Up

12. 12
2013 Q1 Q2
Ore tonnes mined (Mt) 1.29 2.70
Tonnes milled (Mt) 1.02 2.87
Mill grade (g/t Au) 0.64 0.76
Recovery (%) 80 83
Availability (%) 66 68
Gold produced (oz) 16,841 57,897
H1 2013 - Operation Statistics

13. 13
2013 Ramp-up Guidance
Guidance 2013 Estimate
Gold production 270,000 oz
Total cash costs (1) US$1,100/oz
Sustaining capital (2) C$192 M
 Availability and recoveries continue to
trend in a positive direction
 Mining rates increasing towards target
rate of +200,000 tpd
 Hiring contractor in Q4 for pre-stripping
(adds US$100/oz in operating costs for
Q4 2013)
(1) For period September to December 2013 (post-commercial production).
(2) Advancing purchase of 3 haul trucks to 2013.

14. 14
Near-term Agenda: At the Mine
Mine Operations:
 Open-up the pit to allow for increased flexibility in mining plans
 Increase access to higher grade ore
 Continue to improve:
› Shovel productivity with increased blasted inventory
› Haul truck cycle
› Haul road and pit floor quality
› Pit de-watering
Next Focus: Lowering CostsProduction Growth

15. 15
Near-term Agenda: At the Mill
Processing Plant:
 Target +50,000 tpd capacity by year-end
› Improve availability (less unplanned downtime)
› Increase utilization
 Improve gold recovery
› Maximize use of gravity circuit
› Optimize leach circuit
Next Focus: Lowering CostsProduction Growth

16. 16
Near-term Results: Free Cash Flow
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
Next Focus: Lowering CostsProduction Growth

17. 17
Looking at 2014 and Beyond
In Progress:
 Year-end reserve and resource update
› New pit shell for Detour Lake (2011 drilling)
› Block A in resource category (2012 drilling)
 Detailed mine production plan for 2014
 Optimize 5-year production schedule
 Evaluate capacity expansion from 55,000 to 61,000 tpd

18. 18
 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 m
Inferred M&I P&P
10M oz
20M oz
30M oz
15.6
14.9
11.4
8.8
Organic Growth Opportunities

19. 19
*Note: Excludes drilling around Detour Lake and M zone (Block A).
Lower Detour
Area
15.6 M oz in Reserves
Organic Growth Opportunities
630 km2

20. 20
Organic Growth Opportunities
25,000 m of drilling
in Q1 2013
17.33/4.4

21. 21
Long Section across Zone 75
Organic Growth Opportunities

22. 22
Organic Growth Opportunities
Near-term objectives (1-3 years):
 Detour Lake reserve/resource update (open pit west expansion)
 Evaluation of potential expansion options

23. 23
Invest in Detour Gold
Our Vision
Become a leading intermediate gold producer and
premier investment opportunity
ExecutionDisciplineFocus

24. 24
ADDITIONAL
INFORMATION

25. 25
Detour Lake Profile
Detour Lake
Sept. 2012
Mine Plan(3)
Gold price (US$/oz) (1) 1,200
Foreign exchange rate (US$/Cdn$) 1.00
Fuel price (US$/barrel) 100
Income/mining tax rate (%) 25/10
Net Smelter Royalty (%) 2
Ore milled (Mt) 470.0
Waste mined (Mt) (4) 1,734
Strip ratio (waste:ore) 3.7
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.
AssumptionsMineParameters
@ 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.

26. 26
Projected LOM Profile
Note: Excludes stripping adjustments.
800
700
600
500
400
300
200
100
0
Gold Production (‘000 oz)
LOM Avg. C$749/oz
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0
1.8
Grade (g/t Au)
LOM Avg. 657,000 oz/yr
900
850
800
750
700
650
600
550
Total Cash Costs (C$/oz)
950
1000 900
Based on September 2012 Mine Production Plan

27. 27
MAINTENANCE
LABOUR
POWER
DIESEL
G&A
ROYALTY+
OTHER
(2% NSR)
CONSUMABLES
29%
22%
18%
12%
8%
5%
6%
Breakdown of 2013-14 TCC
A 10% change in:
Diesel or power costs = $9/oz change in TCC
Cdn$ FX rate = $63/oz in TCC
Projected LOM Operating Costs
Operating Costs (LOM)
C$/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
Based on September 2012 Mine Production Plan

28. 28
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

29. 29
Grade Control
DDH Block model 40x40m drill spacing RC GC 20X10m & 10X10m drill spacing
< 0.3
< 0.5
< 0.8
< 2.0
> = 2.0
Block Gold Grade
(g/t)
Bench6252mBench6240m
Pit Contour at July 31, 2013
Grade Control Data Limit

30. 30
Grade Control
DDH Block model 40x40m drill spacing RC GC 20X10m & 10X10m drill spacing
Bench6228m
< 0.3
< 0.5
< 0.8
< 2.0
> = 2.0
Block Gold Grade
(g/t)
Pit Contour at July 31, 2013
Grade Control Data Limit
RC 40X10m

31. 31
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

32. 32
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:
 569 full-time employees*
 92% of workforce from region
 25% are Aboriginals
 Scholarship and job training
 Supporting local communities
 Business opportunities
 Participation in municipal development
 Corporate philanthropy
NORTHERN
ONTARIO
39%
COCHRANE
24%
COCHRANE
AREA
29%
REST OF
ONTARIO
5%
3%
OTHER
Corporate Responsibility
WORKFORCE ORIGIN
* As of August 31, 2013.

33. 33
Analyst Coverage
Initiating
Research
Firm 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

34. 34
 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 & Aboriginal Affairs
 James Robertson
VP Environment &
Sustainability
 Drew Anwyll
MGM/Director of Operations
 Andrew Croal
Director Technical Services
 Laurie Gaborit
Director Investor Relations
 Jean-Francois Metail
Director Reserves and Resources
 Bill Snelling
Director Corporate Systems & Controls
 Rickardo Welyhorski
Director Mineral Processing
 Charles Hennessey
Process Plant Maintenance Manager and
Deputy Mine General Manager
 Joshua Hurrell
Acting Mine Manager - Chief Geologist
 Mike Papadakis
Process Plant 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

35. 35
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