1. CANADA’S
INTERMEDIATE
GOLD
PRODUCER
1
TD Securities Mining Conference, Toronto
January 28-29, 2014

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 gold production and cash costs guidance,
sustaining capital expenditures for 2014, reserve estimates, ore grade, expected mine life, average annual gold production, gold recovery,
strip ratio, cash operating costs and other costs, ramp-up of operations, throughput and mining rates, future operating plans, potential
expansion opportunities, and plans for organic growth which includes growing mineral reserves to more than 20 million ounces. Forwardlooking 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. Notes to Investors
Non-IFRS Financial Performance Measures
The Company has included a non-IFRS measure in this press release: “total cash cost per ounce of gold sold”. The Company believes that
this measure, 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.
Detour Gold reports total cash costs on a sales basis. Total cash costs per gold ounce include production costs such as mining, processing,
refining and site administration, 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. Production costs are exclusive of depreciation and depletion. Production costs include the costs
associated with providing the royalty in kind ounces. Other companies may calculate this measure differently.
.
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.
The scientific and technical content of this presentation has been reviewed, verified and approved by Drew Anwyll, P.Eng., Vice President of
Operations, a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for
Mineral Projects”.
3

4. Invest in Detour Gold
A premier intermediate Canadian gold producer
and long-term investment opportunity
15.6 MILLION
oz of gold
in proven and
probable reserves
4
+ 21YEAR
mine life
in mining-friendly
Ontario, Canada
~ 600 THOUSAND
oz / year
average annual gold
production over next five years

5. Flagship Operation in Canada
ONTARIO
Timmins
5
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
DETOUR LAKE MINE
growth
› Exploration upside for high-grade
Toronto
mineralization

6. Detour Lake: 1st Year of Operation
6
Oct.
2, 2013

7. Detour Lake: 1st Year of Operation
2013
Production (Koz)
Gold production
2013 GOLD PRODUCTION
80
60
40
20
0
Q1
Q2
Q3
Key statistics
 2013 gold production of 232,287 oz
 Total cash costs expected to be
$1,100/oz during commercial period
(September to December)
 Capital expenditures of C$196 M
incurred
Q4
Significant milestones
 First gold pour in February 2013
 Commercial production declared on
September 1, 2013
 Discovery of high grade mineralization
at Lower Detour
7

8. Detour Lake: 1st Year of Operation
Q1
Q2
Q3
Q4
2013
Ore tonnes mined (Mt)
1.29
2.70
4.16
4.08
12.24
Tonnes milled (Mt)
1.02
2.87
3.88
3.40
11.18
Mill grade (g/t Au)
0.64
0.76
0.72
0.81
0.75
Recovery (%)
80
83
85
92
86
Availability (%)
66
68
78
66
71
16,841
57,897
75,672
81,877
232,287
Ounces produced (oz) (1)
1. During the commercial period (September 1 to year-end), the Detour Lake mine produced 105,898 oz of gold.
8

9. Detour Lake: 1st Year of Operation
Mining rates:
Q4
DEC
9
203 THOUSAND
tpd
222 THOUSAND
tpd
2013 Mine performance
 Exiting 2013 with average mining
rates close to 2014 planned rates
 Access to multiple ore zones in pit,
including higher grade Domain #2
 Improvement in shovel productivity
and haul truck cycle
 Continuous improvement in dilution
control
 Year-end stockpiles of 2.4 Mt at
0.82 g/t providing operation flexibility

10. Detour Lake: 1st Year of Operation
Best months:
OCT
NOV
THOUSAND
45 tpd
47 THOUSAND
tpd
2013 Mill Performance
 Milling rates proven at design levels
(2,500 tpoh)
 Availability below expectations as a
result of unplanned shutdowns
 Main shutdown: 15 days in December due to
structural damage to the torque cage of the
pre-leach thickener
 Gold recovery has exceeded design
levels
 Modifications to secondary and pebble
crushers completed
10

11. 2014
11
PRODUCTION
INCREASE
production
DECREASE
costs

12. 2014 Corporate Objectives
 Realize immediate opportunities to improve liquidity:
 Have secured long-term
power contract
 Finalizing discussion to
refresh mine equipment
lease to US$150 M
Estimated cost savings
C$20
MIILLION
per yr for 6 yrs
Extra borrowing capacity
UP TO
C$40
MILLION
for 2014
 Ramp up to full nameplate capacity (55,000 tpd) by year-end
 Achieve financial and production guidance targets
 Confirm high-grade mineralization through 2014 drilling program
at Lower Detour
12

13. 2014 Guidance
450-500 THOUSAND
oz
estimated gold production
US$800-900
TCC (1) (2)
per oz sold
estimated total cash costs
US$131
MILLION(3)
capex
estimated capital expenditures
2014
second year
of operation
Other
 US$19 M Corporate G&A
 US$3 M Exploration program
1. Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation.
2. The following price and cost assumptions were used to forecast 2014 production and costs: diesel fuel price of
C$0.95 per litre; power cost of C$0.05 per kilowatt hour; and exchange rate of $1US:$1.05C.
3. Includes deferred stripping costs of US$35 M.
13

14. 2014 Capital Plan
Sustaining Capital: US$131 M
 Mine
› Mobile fleet purchase
(1 truck, 1 shovel)
› Capitalize maintenance
 Mill
› Plant improvements
 TMA
› Raise dam of Cell 1 by 6 m
› Commence Cell 3 footprint
BREAKDOWN OF 2014
SUSTAINING CAPITAL
Mill
US$18 M
TMA
Deferred
Stripping
US$40 M
US$35 M
Mine
US$33 M
Other
$US5 M
14

15. 2014 Operating Plan
Targets:
Steady state production & optimization
19 MT milled
ore
G/T AU
0.87 head grade
92 % recovery
gold
WASTE:ORE
3.3:1strip ratio
(1)
1. Includes 7% dilution at 0.20 g/t.
PRODUCTION
15
2014 gold production (oz)
H1 2014
H2 2014
450,000-500,000
200,000-225,000
250,000-275,000
 H2 gold production will be ~20% higher
than H1 as throughput rates are
projected to gradually increase to
55,000 tpd in Q4
 Higher grade ore from Domain
2 and 11 will represent up to
50% of overall mill feed
 Mining rates to average
+250,000 tpd

16. 2014 Operating Plan
Targets:
52 THOUSAND
tpd throughput
87 %
availability
16
Steady state production & optimization
 Mining and milling unit costs to decrease
– ‘economy of scale’
 Reach design operating rates by
year-end
 Increase availability
› Improve maintenance schedule
to reduce downtime
 Tailing facility costs reduced with
construction change to “center-line”
design

17. Operations Outlook Beyond 2014
Targets:
2015
2016
2017
17
THOUSAND
55 tpd
THOUSAND
58 tpd
61 THOUSAND
tpd
Increase throughput to 61,000 tpd/
94% availability for 2017
 Debottlenecking exercise starting in
2014
› Modification of primary crusher
conveyor
› Installation of 1 cyanide detox
tank and 1 additional oxygen plant
 Gold recovery improvement
 Secondary crushers optimization

18. Organic Growth Opportunities
 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
› Up to 8,000 m drilling program in
Q1 2014
18

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

20. Organic Growth Opportunities
8,000 m of proposed
drilling in Q1 2014
*Proposed
drill locations
subject to
change
pending initial
drill results.
20

21. Invest in Detour Gold
A premier intermediate Canadian gold producer
and long-term investment opportunity
15.6 MILLION
oz of gold
in proven and
probable reserves
21
+ 21YEAR
mine life
in mining-friendly
Ontario, Canada
~ 600 THOUSAND
oz / year
average annual gold
production over next five years

22. ADDITIONAL
information







22
Shareholder Information
Corporate Responsibility
Detour Lake Mine at a Glance
Conventional Milling Process
Q3 2013 Financial Highlights
Debt Repayment Schedule
Management & Directors

23. Shareholder Information
Share Structure
Top Shareholders
138.2 M
10.5 M
15%
>80%
Issued & outsanding
Options & FN share commitments
13.0 M Convertible notes (1)
161.7 M FULLY DILUTED
C$96
Paulson & Co
INSTITUTIONS TOTAL
Cash position and share structure at Dec 31, 2013.
1. Conversion price for the Notes is US$38.50.
C$850
MILLION
cash position
MILLION
market cap
Research Coverage

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



23
Bank of America Merrill Lynch
Beacon Securities
BMO Capital Markets
Canaccord Genuity
CIBC World Markets
Credit Suisse Securities
Desjardins Capital Markets






GMP Securities
Haywood Securities
Laurentian Bank Securities
Macquarie Capital Markets
National Bank Financial
Paradigm Securities




Raymond James
RBC Capital Markets
Scotia Capital
TD Securities

24. 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:




625 full-time employees*
93% of workforce from region
25% are Aboriginals
Scholarship and job training
 Supporting local communities
 Business opportunities
 Participation in municipal development
 Corporate philanthropy
* As of December 31, 2013.
24
WORKFORCE ORIGIN
Cochrane
Area
Cochrane
31%
Northern
Ontario
38%
24%
Rest of
Ontario
3%
Other
4%

25. Detour Lake Mine at a Glance
Key Statistics
OP reserves (M oz)
Sept 2012 (1)
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) (2)
657,000
Initial capex (C$ B)
1.5
Sustaining capex (C$ B)
1.2
Commercial production declared
on September 1, 2013
1. Based on September 2012 Mine Plan (October 2012 Technical Report).
2. Includes expansion from 55,000 tpd to 61,000 tpd.
25

26. Conventional Milling Process
Mine Trucks
Primary Crusher
90,000 tpd
To
Gravity
Circuit
Stockpile
Secondary Crushers (2)
67,000 tpd
Pebble Crushers (2)
73,000 tpd
SAG Mills (2)
55,000 tpd
Ball Mills (2)
55,000 tpd
To
Gravity
Circuit
CIP
Carbon
Stripping
Gold
Doré Bars
26
Gold
Furnace
Gold
Electrowinning
Leach
Tailings
Pre-Leach
Thickener

27. Q3 2013 Financial Highlights
Income Statement
Revenues 1
Q3 2013
$33.1 M
Cost of sales
Production costs
$30.4 M
Depreciation and depletion
$2.9 M
Loss from mine operations
$0.2 M
G&A
$6.9 M
Exploration and evaluation
$1.0 M
Net finance costs
$3.7 M
Net loss for the period
$11.8 M
1. All sales prior to commercial production were credited against capitalized project costs.
27

28. Debt Repayment Schedule
Revolving Credit
Facility (1)
CAT Finance Lease
Convertible Notes
Face Value
US$70 M (1)
US$150 M
US$500 M
Maturity
March 2016
Jan 2017-Jan 2019 (2)
November 30, 2017
Interest Rate
LIBOR + 3%
LIBOR + 4%
5.5%
Monthly
Quarterly
Semi-annually
n/a
n/a
$38.50
At Dec 31, 2013
Payable
Conversion Price
Payment schedule
Principal
Interest
Principal + Interest
Principal
Interest
Total
(US$M)
2014
-
$2.3
$33.7
-
$27.5
$63.5
2015
-
$2.3
$34.2
-
$27.5
$64.0
2016
$70
$0.4
$32.3
-
$27.5
$130.2
2017
-
-
$24.0
$500
$27.5
$551.5
Thereafter
-
-
$4.1
-
$70
$5.0
Total (US$M)
$128.3
$500
$110.0
$4.1
$813.3
1. The Revolving Credit Facility provides for borrowings of up to C$90 M. Subject to a completion tests prior to September 30, 2014.
2. Includes multiple leases with maturities of 5 yrs from lease date.
28

29. Management & Directors
Management

Michael Kenyon

Executive Chairman

Paul Martin
Pierre Beaudoin

James Mavor

Julie Galloway


Derek Teevan

Sr VP Corporate &
Aboriginal Affairs

Rachel Pineault
James Robertson
Rickardo Welyhorski
Director Mineral Processing

Charles Hennessey
Process Plant Maintenance Manager
and Deputy Mine General Manager
VP Environment &
Sustainability
Sr VP General Counsel &
Corporate Secretary


VP HR & Aboriginal Affairs
Interim Chief Financial Officer

Jean-Francois Metail
Bill Snelling
Director Corporate Systems & Controls
VP Reserves and Resources
Chief Operating Officer


VP Corporate Development
Interim Chief Executive Officer

Pat Donovan

Andrew Croal

Joshua Hurrell
Acting Mine Manager - Chief Geologist
Director Technical Services
Mike Papadakis
Process Plant Manager
Laurie Gaborit
Director Investor Relations

Drew Anwyll
Alberto Heredia
Controller
MGM/VP Operations
Directors




29
Peter Crossgrove
Louis Dionne
Robert E. Doyle
André Falzon



Ingrid Hibbard
Michael Kenyon
Alex G. Morrison


Jonathan Rubenstein
Graham Wozniak

30. Contact Information
Paul Martin
Interim Chief Executive Officer
Email: pmartin@detourgold.com
Phone: 416.304.0800
Laurie Gaborit
Director Investor Relations
Email: lgaborit@detourgold.com
Phone: 416.304.0800
www.detourgold.com
30