DGC 14_03_2-5 - pdac conference

37
1 PDAC International Convention, Toronto March 2-5, 2014 CANADA’S INTERMEDIATE GOLD PRODUCER

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Transcript of DGC 14_03_2-5 - pdac conference

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PDAC International Convention, Toronto

March 2-5, 2014

CANADA’S INTERMEDIATE GOLD PRODUCER

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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 the updated mine plan

and economic analysis of the Detour Lake mine including, but not limited to, the life of mine plan, the waste to ore ratio, processing and

production rates, grades, metallurgical recovery rates, operating and sustaining capital costs, the projected life of mine, the net present

value, opportunities to optimize the mine operation, the success and continuation of exploration activities, the future price of gold,

reclamation obligations, government regulations and environmental risks.

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 update 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 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 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 and the

Qualified Persons who authored the associated Technical Report undertake 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.

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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 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.

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”.

Information Containing Estimates of Mineral Reserves and Resources

Non-IFRS Financial Performance Measures The Company has included “Total cash cost per gold ounce sold (TCC)” and “Total cash cost plus total capital per gold ounce sold (TCC plus Total

Capital)” in this presentation which are non-IFRS measures. 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 and its ability to

generate operating earnings and cash flow from its mining operations.

Detour Gold reports total cash costs on a sales basis. Total cash costs per gold ounce sold include production costs such as mining, processing,

refining, site administration, costs associated with providing royalty in-kind ounces, and costs for agreements with Aboriginal communities, but are

exclusive of depreciation and depletion, reclamation, non-cash share-based compensation and deferred stripping. Total cash costs are reduced by

silver sales and divided by gold ounces sold to arrive at total cash costs per gold ounce sold. Total cash costs plus total capital per gold ounce sold

includes TCC as calculated above plus sustaining capital and deferred stripping divided by gold ounces sold. These 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 this measure differently.

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Invest in Detour Gold

15.5 MILLION oz of gold

in proven and

probable reserves

600 average annual gold

production over next 10 years

~ THOUSAND oz / year 21

in mining-friendly

Ontario, Canada

+ YEAR mine life

A premier intermediate Canadian gold producer

and long-term investment opportunity

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Flagship Operation in Canada

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 (15.5 M oz in

reserves)

› Significant potential for production

growth

› Exploration upside for high-grade

mineralization

ONTARIO

Toronto

Timmins

DETOUR LAKE MINE

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Detour Lake: 1st Year of Operation

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80

60

40

20

0 Q2 Q1 Q4 Q3

Pro

du

cti

on

(K

oz)

2013 GOLD PRODUCTION

Detour Lake: 1st Year of Operation

Gold production 2013 Key statistics

2013 gold production of 232,287 oz

Total cash costs of US$1,162/oz sold1

in Q4 2013

Capital expenditures of C$196 M

incurred

Significant milestones

First gold pour in February 2013

Commercial production declared on

September 1, 2013

Discovery of high grade mineralization

at Lower Detour

1. Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation.

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0.84

0.75

0.05 0.02 0.02

Planned Actual

Ore shortage

Higher Dilution Stockpiled HG

Detour Lake: 1st Year of Operation

Actual grade

vs forecast (g/t Au) 2013 Positive reconciliation to reserve model

High degree of confidence with block

model

Improving dilution trend (5.6% in Q4)

Actual feed grade lower than planned

mainly due to scheduling issues

Robust process plant design

Milling rates proven at design levels

Plant availability has been below

expectations

Gold recovery exceeded design levels

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2014

INCREASE production

DECREASE costs

PRODUCTION

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2014 Finance Objectives

Realize opportunities to

improve liquidity:

Secured long-term power

contract for estimated savings

of C$20 M/yr for 6 yrs

Finalizing discussion to amend

the equipment lease facility

Closing C$150 M financing in

March1

Giving opportunity to

deleverage balance sheet

1. Subject to closing the bought deal offering on or about March 7, 2014.

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2014 Guidance

450-500 estimated gold production

THOUSAND oz

US$800-900 estimated total cash costs

TCC per oz sold

US$131 estimated capital expenditures

MILLION capex

Other

US$19 M Corporate G&A

US$3 M Exploration program

3

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.

1, 2

second year

of operation

2014

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2014 Capital Plan

Sustaining Capital: US$131 M

Mine

Mining fleet purchase

(1 truck, 1 shovel)

Ancillary mobile equipment

Mill

Start of debottlenecking exercise

(plant improvements)

TMA

Implementing “center-line”

construction design

Raise dam of Cell 1 by 6 m

Commence Cell 3 footprint

Mine

US$33 M

TMA

US$40 M Deferred

Stripping

US$35 M

BREAKDOWN OF 2014 SUSTAINING CAPITAL

Other

US$5 M

Mill

US$18 M

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Targets:

2014 Operating Plan

Steady state production & optimization

50% of overall mill feed from higher

grade ore zones

Mill throughput rates gradually increase

to 55,000 tpd in Q4

19 MT ore milled

3.3:1 WASTE:ORE strip ratio

0.87 G/T AU head grade

92 % gold recovery

2014 gold production (oz) 450,000-500,000

H1 2014 200,000-225,000

H2 2014 250,000-275,000 (1)

1. Includes 7% dilution at 0.20 g/t.

PRODUCTION

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2014 Success Factors

Steady state production & optimization

Mining and milling unit costs to decrease

– ‘economies of scale’

Reach mill design operating rates by

year-end

Increase process plant operating time

› Improve planned shutdowns

scheduling

› Operating experience gained will

further reduce unplanned shutdowns

Improve shovel productivity and

management of overburden removal

52 THOUSAND tpd throughput

252 THOUSAND tpd mining rate

Targets:

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2014- LIFE OF MINE Updated plan – 02/04/2014 2035

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LOM Summary

02/2014 Update

Proven & Probable Reserves (M oz) 1 15.5

Average gold grade (g/t) 1.02

Strip ratio (waste:ore) 3.5

Estimated gold recovery (%) 92

Mine life (years) 21.7

Average annual gold production (oz) 660,000

Average total cash costs (TCC) (C$/oz sold) 2 $723

Average TCC + capex (C$/oz sold) 2 $848

1. Estimated using a gold price of US$1,000/oz (refer to slide 32). Includes stockpiles as of December 31, 2013.

2. Refer to the section on Non-IFRS Performance Measures on slide 3. Capex = sustaining capital expenditures + deferred stripping.

Main objective: Optimize first 5 years

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TCC1

(C$/oz sold)

800

700

600

500

400

300

200

100

0

Gold Production

(‘000 oz)

Gold Production/Cost Profile

900

850

800

750

700

650

600

550

500

598,000 oz

C$759/oz

0.96 g/t

596,000 oz

C$762/oz

0.91 g/t

659,000 oz

C$778/oz

1.00 g/t

765,000 oz

C$639/oz

1.16 g/t

1. Refer to the section on Non-IFRS Financial Performance Measures on

slide 3 of this presentation.

600,000 oz/yr for first 10 yrs

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09/12 02/14

Operating Costs C$/t

milled

C$/t

milled

C$/t

mined

C$/oz

sold 2

Mining costs 11.65 11.55 2.56 392

Processing costs 7.83 7.82 266

G&A 1.86 2.44 83

Total cash

operating costs 21.34 21.81 741

Other adjustments 1 (18)

Total cash costs 723

18

LOM Operating Costs

1. Other adjustments include costs for deferred stripping, agreements with Aboriginal communities, refining charges and are net

of silver by-product credits.

2. Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation.

Maintenance Labour &

Contractors

Power

Diesel

G&A and

other Consumables

30%

20% 26%

7%

11%

6%

2014 Costs

80% of costs in Cdn$

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LOM Sustaining Capital

Description

Sustaining

Capital LOM

(C$ M)

5 years

2014 -2018

(C$ M)

5 years

2019- 2023

(C$ M)

5 years

2024-2028

(C$ M)

7 years

2029-2035

(C$ M)

Mining 535 168 1 69 255 43

Process Plant 126 71 2 24 20 11

TMA 454 203 3 114 70 67

G&A 28 14 8 5 1

Total 1,143 456 215 350 122

Deferred Stripping 614 225 366 23 -

Mine Closure 70 70

Higher capital in first 5 years:

1. Ramp-up to 38 trucks

2. Complete plant debottlenecking exercise

3. Prepare TMA foundation for 2nd and 3rd cell

50% of sustaining

capital costs in Cdn$

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LOM Opportunities

58 THOUSAND tpd

61 THOUSAND tpd

2016

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

Other opportunities to realize:

Increase mill feed grade

› Improve mine production

› Reduce dilution

› Reduce internal waste

Increase plant recovery with further

optimization

2017

Targets:

55 THOUSAND tpd 2015

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LOM Opportunities

US$1,000/oz

US$1,200/oz

15.5 Moz

@ 1.02 g/t Au P+P

2.0 Moz

@ 1.15 g/t Au M+I

~5.5 km

Medium to long-term

Improve LOM gold profile with Block A

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Long-term growth of reserve base to

+20 M oz

› 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

› Up to 8,000 m drilling program in

Q1 2014

Organic Growth Opportunities

Strategy: Find and develop a

high-grade deposit to take

advantage of existing

infrastructure

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Lower Detour Area

15.5 M oz in Reserves

630 km2

2014 Exploration Focus

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Lower Detour Area: 6,000 - 8,000 m of drilling in Q1 2014

*Proposed drill locations subject to change

pending initial drill results.

2014 Exploration Focus

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Source: Bloomberg, Factset and select Street Research

Note: Market data updated to December 31, 2013

Detour vs. Peers: Dec. 31, 2013 Consensus P/NAV P / 2015 CF

0.32x

0.50x

0.69x

0.69x

0.73x

0.77x

0.80x

0.81x

0.84x

0.89x

0.92x

0.95x

Detour

IAMGOLD

Argonaut

Eldorado

AuRico

B2Gold

Alacer

Osisko

New Gold

Alamos

Allied Nevada

African Barrick

3.4x

3.6x

4.7x

5.0x

6.0x

6.2x

6.9x

7.6x

7.6x

9.3x

12.7x

18.7x

IAMGOLD

Detour

B2Gold

African Barrick

New Gold

AuRico

Osisko

Alacer

Argonaut

Eldorado

Alamos

Allied Nevada

DGC: C$4.10

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Source: Bloomberg, Factset and select Street Research

Note: Market data updated to February 14, 2014

Detour vs. Peers: February 14, 2014

Consensus P/NAV P / 2015 CF

0.71x

0.74x

0.86x

0.93x

0.93x

1.07x

1.11x

1.11x

1.12x

1.14x

1.35x

1.48x

IAMGOLD

Detour

Alamos

Eldorado

Argonaut

AuRico

B2Gold

Osisko

Alacer

New Gold

African Barrick

Allied Nevada

5.2x

6.2x

7.7x

7.9x

9.1x

9.2x

10.0x

10.2x

11.2x

11.3x

12.3x

21.3x

IAMGOLD

Detour

African Barrick

B2Gold

Allied Nevada

New Gold

AuRico

Osisko

Argonaut

Alacer

Eldorado

Alamos

DGC: C$9.89

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Invest in Detour Gold

15.5 MILLION oz of gold

in proven and

probable reserves

600 average annual gold

production over next 10 years

~ THOUSAND oz / year 21

in mining-friendly

Ontario, Canada

+ YEAR mine life

A premier intermediate Canadian gold producer

and long-term investment opportunity

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ADDITIONAL information

Shareholder Information

Analyst Coverage

Corporate Responsibility

Detour Lake Mine: 2013

Results

Detour Lake Mine: LOM Update

Detour Gold: Reserves &

Resources

Q3 2013 Financial Highlights

Debt Repayment Schedule

Management & Directors

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Shareholder Information

Paulson & Co

>80% INSTITUTIONS TOTAL 10.5 M Options & FN share commitments

13.0 M Convertible notes 2

161.7 M FULLY DILUTED

138.2 M Issued & outstanding

Share Structure1 Top Shareholders

Cash position and share structure at Dec 31, 2013.

1. Bought deal announced on Feb. 18, 2014: 16.22 M sh.

+ over-allotment of 2.43 M sh. @ C$9.25/sh. Closing

expected on or about March 7, 2014.

2. Conversion price for the Notes is US$38.50.

15%

C$1.3 BILLION market cap C$96 MILLION

cash position

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Analyst Coverage Initiating

Research Firm Analyst Target Target Date

07.06.11 Haywood Kerry Smith $8.50 14.01.15

07.07.09 Paradigm Don Blyth/Don MacLean $8.25 14.01.23

07.08.07 Raymond James Phil Russo $12.00 14.02.06

07.11.26 National Bank Steve Parsons $9.00 13.11.25

07.12.20 Macquarie Mike Siperco $16.00 14.02.14

08.01.14 Canaccord Rahul Paul $11.00 hold 14.02.25

08.07.14 TD Dan Earle $14.00 14.02.06

08.09.04 RBC Dan Rollins $9.00 14.02.05

08.11.06 BMO NB John Hayes $9.50 13.11.25

09.06.17 Laurentian Eric Lemieux $10.75 14.02.06

10.05.19 CIBC World Markets Cosmos Chiu $10.50 13.12.23

10.07.22 Credit Suisse Anita Soni $7.00 14.02.05

11.07.15 Bank of America Merrill Lynch TBA Under review

13.04.16 Scotiabank Trevor Turnbull $10.00 14.02.03

13.08.14 Desjardins Michael Parkin $9.50 14.02.06

13.11.12 Beacon Securities Michael Curran $8.75 14.02.06

13.12.09 GMP Securities Ian Parkinson $11.50 14.02.14

14.02.06 Cormark Securities Richard Gray $13.00 14.02.06

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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:

637 full-time employees*

92% of workforce from region

24% are Aboriginals

Scholarship and job training

Supporting local communities

Business opportunities

Participation in municipal development

Corporate philanthropy

Northern

Ontario

38%

Cochrane

23%

Cochrane

Area

31%

Rest of

Ontario

4%

3% Other

Corporate Responsibility

WORKFORCE ORIGIN

* As of January 31, 2014.

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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

Ounces produced (oz) (1) 16,841 57,897 75,672 81,877 232,287

1. During the commercial period (September 1 to year-end), the Detour Lake mine produced 105,898 oz of gold.

Detour Lake Mine: 2013 Results

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Detour Lake Mine: LOM Update

Detour Lake Update

(02/2014)

Ore milled (Mt) 476.4

Waste mined (Mt) 1,676

Strip ratio (waste:ore) 3.5

Average gold grade (g/t) 1.02

Total contained gold (M oz) 15.5

Estimated gold recovery (%) 92

Total recovered gold (M oz) 1 14.3

Mine life (yrs) 21.7

Avg. annual gold production in first 5 yrs (oz) 598,000

Avg. annual gold production over LOM (oz) 660,000

Assumptions

Gold price (US$/oz) $1,200

FX rate (US$/Cdn$) 1.10 2

Electricity (C$/kWhr) 0.05/0.08 3

Fuel price (US$/barrel) 100

Diesel fuel (C$/l) 0.95

Income/mining tax rate (%) 25/10

Net Smelter Royalty (%) 2.0 4

1. Includes approximately 58,000 ounces to be recovered from stockpiles as of December 31, 2013.

2. Exchange rate of 1.05 for 2014, 1.07 for 2015, and 1.08 for 2016, and 1.10 for 2017 onwards.

3. Cdn$0.05/kWh for 2014-19 and Cdn$0.08/kWh for 2020 onwards.

4. 2% royalty is assumed to be paid in-kind.

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Effective December 31, 2013 Tonnes (Mt) Grade (g/t Au) Contained Gold

(koz)

Reserves

(1,2,3,4)

Detour Lake Mine Proven 94.4 1.29 3,901

Probable 379.7 0.95 11,585

P&P 474.0 1.02 15,486

Stockpiles 2.4 0.82 63

Total P&P 476.4 1.02 15,549

Resources (3,4)

Detour Lake Mine Measured (M) 16.4 1.37 725

Indicated (I) 65.9 1.01 2,150

M+I 82.4 1.09 2,874

Block A Measured (M) 1.5 1.21 57

Indicated (I) 52.5 1.15 1,934

M+I 53.9 1.15 1,991

Total M+I 136.3 1.11 4,866

Detour Lake Mine Inferred 19.2 0.75 465

Block A Inferred 2.5 1.23 99

Total Inferred 21.7 0.81 564

Detour Gold: Reserves & Resources

1. Mineral reserves calculated using a gold price of US$1,000/oz; mineral resources calculated using US$1,200/oz. Foreign exchange rate of

C$1.03 to US$1.00.

2. Mineral reserves estimated using a 4% dilution at 0.20 g/t Au (7% at 0.20 g/t Au for 2014) and 5% ore loss.

3. Based on an elevated cut-off grade of 0.5 g/t Au for Detour Lake and cut-off grade of 0.6 g/t Au for Block A.

4. Mineral resources are exclusive of mineral reserves. Mineral resources that are not mineral reserves do not have

demonstrated economic viability. Mineral reserves and resources are compliant with

CIM definitions.

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Debt Repayment Schedule

At Dec 31, 2013 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%

Payable Monthly Quarterly Semi-annually

Conversion Price n/a n/a $38.50

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 - - $4.1

Total (US$M) $70 $5.0 $128.3 $500 $110.0 $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.

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Michael Kenyon Executive Chairman

Paul Martin President and CEO

Pierre Beaudoin COO

James Mavor CFO

Julie Galloway Sr VP General Counsel &

Corporate Secretary

Derek Teevan Sr VP Corporate &

Aboriginal Affairs

Drew Anwyll MGM/VP Operations

Pat Donovan VP Corporate Development

Jean-Francois Metail VP Reserves and Resources

Rachel Pineault VP HR & Aboriginal Affairs

James Robertson VP Environment &

Sustainability

Andrew Croal Director Technical Services

Laurie Gaborit Director Investor Relations

Alberto Heredia Controller

Bill Snelling Director Corporate Systems & Controls

Rickardo Welyhorski Director Mineral Processing

Charles Hennessey Process Plant Maintenance Manager

and Deputy Mine General Manager

Joshua Hurrell Technical Services Superintendent

Mark McCallion Chief Geologist

Mike Papadakis Process Plant Manager

Craig Rintoul Open Pit Manager

Peter Crossgrove

Louis Dionne

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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Paul Martin President and Chief Executive Officer

Email: [email protected]

Phone: 416.304.0800

Laurie Gaborit Director Investor Relations

Email: [email protected]

Phone: 416.304.0800

www.detourgold.com

Contact Information