CANADA’S
INTERMEDIATE
GOLD PRODUCER
BMO Global Metals & Mining Conference
1
Hollywood, FL – February 28-March 2, 2016
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 full year 2015
estimated all-in sustaining costs and total cash costs, strategic focus, 2016 guidance (gold production, total cash costs, all-in sustaining
costs, capital expenditures and exploration), new life of mine plan and economic analysis of the Detour Lake operation including, but not
limited to, the mine plan, processing and production rates, grades, metallurgical recovery rates, operating and capital costs, the projected
mine life, the net present value, opportunities to optimize the mine operation, the success and continuation of exploration activities, the
future price of gold, reclamation obligations, permitting schedule, 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 plan 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 related Technical Report and section entitled
“Description of Business - Risk Factors” in Detour Gold’s 2014 AIF and in the continuous disclosure documents filed by Detour Gold on and
available on SEDAR.
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.
The footnotes, endnotes and additional information to this presentation contain important information. Refer to end of the presentation.
All amounts are in US dollars except as noted.
2
‘CORE’ GOLD HOLDING
3
STRONG
UNDERLYING
FUNDAMENTALS
FOCUSED
MANAGEMENT
TEAM
GROWING
FREE
CASH FLOW
DISTRICT SCALE
EXPLORATION
POTENTIAL
STRONG UNDERLYING FUNDAMENTALS
LARGE
SCALE/ LONG
MINE LIFE
16.4
M OZ
reserves
DETOUR LAKE
LARGE
PRODUCTION
PROFILE
K OZ
655
per year
A COMPANY MAKER
DECLINING
AISC
<$900
4
ORGANIC GROWTH
POTENTIAL
/OZ
sold
Zone 58N
High
grade
4 MM+IOZresources
STRATEGIC FOCUS
1-2 Yrs
OPERATIONAL
EXECUTION
 Optimization:
increase mine and
plant output
 Permit West Detour
5
ORGANIC GROWTH
EVALUATION
 Focus on
Lower Detour
 Start regional
exploration
DEBT
MANAGEMENT
 Debt repayment
and refinancing
STRATEGIC FOCUS
3-5 Yrs
REALIZE ON
ECONOMIES
OF SCALE
ADVANCE INTERNAL
GROWTH
OPPORTUNITIES
EVALUATE LOWRISK EXTERNAL
GROWTH
STRONG
BALANCE
SHEET
 Commence
West Detour
 Test ultimate
plant capacity
 Find and develop
higher grade
satellite deposits
 Preference for
early-stage
projects
 Financial
flexibility
 Shareholder
value
enhancement
6
2015: Delivered Strong Performance
2015 Operational execution
$1,321
$1,030 $1,071
$850-875
106
125
128
146
Q1
Q2
Q3
Q4
 Gold production of 505,558 oz
 Significant operational improvements
 All-in sustainable costs declined
~35% during 2015
 Electricity contract extended 5 years
to end of 2024
 Exploration success at Lower Detour
■ Gold Production (k oz)
■ AISC ($/oz sold)1
1. Refer to the section on Non-IFRS Performance Measures at the end of this presentation.
Q4 2015 estimates subject to year-end audit.
7
2015: Strengthened Balance Sheet
2015 Started FCF generation
UNDRAWN
CREDIT
FACILITIES
$62 M
$223 M
$161 M
CASH &
CASH EQUIVALENTS
8
 Repaid $123 M of debt
 Year over year cash increase of $30 M
 Undrawn credit facilities of ~$62 M
IN A STRONG POSITION TO
ADDRESS REMAINING DEBT
$500 M MATURING IN NOV 2017
2016 Guidance
4thYr of strong production growth
ESTIMATED PRODUCTION
540,000-590,000 oz
457
506
ESTIMATED AISC COSTS1
232
2013
$840-$940/oz sold
2014
2015
2016
 Quarterly production ranging from 125,000-150,000 oz
1. Refer to the section on Non-IFRS Performance Measures at the end of this presentation.
Cost assumptions: gold price of $1,075/oz, US$/C$ exchange rate of 1.33, diesel fuel price of C$0.75/L, and power cost
of C$0.04/kWh.
9
2016 Guidance
4thYr of strong production growth
Mine
$15 M
Mill
TMA
$30 M
$10 M
Other
$10 M
Total Cash Costs1
$675-750/oz sold
Sustaining Capital
$60-70 M
Capitalized Stripping
$5-10 M
Corporate G&A
Exploration
AISC1
$25 M
$2-4 M
$840-940/oz sold
 Additional non-sustaining capital of ~$8 M for West Detour
& $8-10 M for Lower Detour definition drilling
1. Refer to the section on Non-IFRS Performance Measures at the end of this presentation.
10
2016 Upside Leverage
2016 Potential upside to budget
 Further operational improvements
 FX and diesel price tailwinds
 Electricity costs similar to 2015
Approximate Impact on1:
2016 Assumptions
Gold ($/oz)
Canadian dollar
Upside
FCF ($ M)
AISC($/oz sold)
$1,075
$1,200
+$70
-
$0.75
$0.71
+$20
-$45
1. Excludes the effects of hedging.
11
11
New LOM Plan1
23 Yrs
De-risked operation
OBJECTIVES
ACHIEVED
 Development of
West Detour
 Incorporate
experience gained
to date
 Defer capital
 Optimize cash flow
 Improve NPV
1. Long term cost assumptions: gold price of $1,200/oz, US$/C$ exchange rate of 1.23, diesel fuel price of C$0.80/L, and power cost of
C$0.08/kWh (post 2024).
12
New LOM Gold Production Profile
~650 koz/yr
for next 9 yrs
721
617
607
0.98
0.89
655
398
Grade g/t
0.85
1.06
2013-15 2016-18 2019-21 2022-24
3 FEED
SOURCES
Detour Lake mine
LOM
14.5 M oz
West Detour
1.5 M oz
Low Grade Fines
0.4 M oz
Total Reserves
13
0.99
16.4 M oz
New LOM with West Detour
~650 koz/yr
Production
(koz)
for next 9 yrs
800
600
Low-Grade Fines
West Detour
Detour Lake
YEAR 20’
WEST
DETOUR
ADVANTAGES
14
16-18
19-21
22-24
25-27
28-30
31-33
34-36
400
200
37-38
 Ability to defer 160 Mt of waste over next 9 yrs
 Low capital of ~$80 M
 Potential use of pit for waste stockpiles and
tailings deposition
New LOM Costs Based on Experience
Total site costs1($/oz)
(operating+capital)
$812
$803
$632
$690
2016-18
2019-21
2022-24
LOM
TONNES MINED (Mt)
105
119
119
96
TONNES MILLED (Mt)
21.4
23.0
23.0
22.4
 ~75% of operating and ~60% of capital costs in Canadian dollars
1. Total site costs are reported in per ounce produced. Refer to the section on Non-IFRS Performance Measures at the end
of this presentation.
15
Organic Growth Potential
8-Yr Plan Grow by the drill-bit
OBJECTIVES
 Find and develop
satellite deposits to
feed plant with higher
grade
 Modest funding
requirement until
discovery
PLAN
 Geophysical surveys completed
on entire property
 Prioritize and drill test targets
 Fast-track best opportunities
16
625 km2
West Detour
Detour Lake Mine
Zone 58N
Organic Growth Potential
2016
Advance Lower Detour
LOWER DETOUR: ZONE 58N
 Assess continuity and size of UG
target with +60,000 m delineation
drilling program:
West Detour
Detour Lake Mine
› 25 m spacing upper 250 m
› 50 m spacing below 250 m
 Expand drilling on positive results
 Decision to drive a ramp by year-end
REGIONAL EXPLORATION
 8,000-10,000 m of drilling on Lower
Detour 25 km trend
 5,000-7,000 m of drilling on property
17
Zone 58N
Detour Lake – A Company Maker
Q4’15
C $30
Production growth
Declining costs
C $20
C $10
2014
$0
18
2015
DGC Share Price
ADDITIONAL
information









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
19
Safety Performance
LOM Production Plan
LOM Operating & Capital Costs
LOM Opportunities
Year-End 2015 Reserves and
Resources
Detour Lake & West Detour
Processing of Fines
Lower Detour Exploration:
Zone 58N
Shareholder Information
Analyst Coverage
Management & Directors
End Notes
Contact Information
Safety Performance
Total Recordable Injury
Frequency Rate (TRIFR)1
4
3.5
3.9
3
2.5
2.5
2
2.3
1.5
1
0.5
0
2014 ON
Average2
2014
2015
1. Total recordable injury frequency rate = Total recordable injuries x 200,000 hours divided by total man hours worked.
2. 2014 Ontario Mining Industry average (source: Workplace Safety North, WSIB).
20
LOM Production Plan
Yearly Average per Period
Total
201618
201921
202224
202527
202830
203133
203436
203738
LOM
Ore milled (Mt)
21.4
23.0
23.0
23.0
23.0
23.0
23.0
18.1
22.4
514
Head grade (g/t Au)
0.98
0.89
1.06
0.89
0.87
1.06
1.15
1.08
0.99
0.99
Gold recovery (%)
91.5
92.0
92.0
92.0
92.0
92.0
92.0
92.0
91.9
91.9
Gold production (k oz)
617
607
721
604
589
719
781
580
655
15,072
104.8
119.4
118.8
123.2
118.7
88.5
51.5
19.4
96.3
2,214
3.8
4.9
3.5
4.9
5.5
2.5
1.4
0.5
3.5
3.5
Total mined (Mt)
Strip ratio (waste:ore)
21
LOM
LOM Operating & Capital Costs
Yearly Average Cost per Period
2016-18 2019-21 2022-24 LOM
2.74
2.58
2.54
2.76
Processing (C$/t milled)
8.34
7.20
7.19
8.14
G&A (C$/t milled)
2.83
2.45
2.43
2.47
Site Operating Costs1 (C$ M)
529
539
534
512
Capital Costs2 (C$ M)
105
62
28
53
(C$ M)
634
601
562
565
(US$/oz)
812
803
632
690
Unit Costs
Mining (C$/t mined)
Total Site
1.
2.
3.
4.
Costs3,4
Includes all site costs including bullion delivery, refining and costs related to agreements with Aboriginal communities.
Includes closure costs.
Refer to Non-IFRS Financial Performance Measures defined at the end of this presentation.
US$/C$ exchange rate of 1.33 in 2016, 1.25 in 2017, and 1.23 in 2018+.
22
22
LOM Opportunities
Main opportunities not included in LOM Plan
Mine
 Improve productivities and reduce
maintenance costs
 Block model performance giving more
ounces
Plant
 Bring low grade fines earlier than 2019
 Consider reclaim of fines from medium
grade stockpiles
 Accelerate mill ramp-up and improve
operating time (> 23 Mt/yr)
 Improve gold recovery (>92%)
23
Year-end 2015 Reserves & Resources
At Dec. 31, 2015
Tonnes
(millions)
Reserves
Detour Lake Mine
West Detour
LG Fines
Total P&P
Grade
(g/t Au)
Contained
Gold Ounces
(000’s oz)
3,603
10,779
98
14,480
56
1,473
1,529
386
16,395
Proven
Probable
Stockpiles
Total P&P
Proven
Probable
Total P&P
Probable
89.2
351.6
4.8
445.5
1.8
47.0
48.8
20.0
514.3
1.26
0.95
0.64
1.01
0.99
0.97
0.98
0.60
0.99
Measured
Indicated
M+I
Measured
Indicated
M+I
17.4
66.2
83.6
0.4
36.5
36.9
120.5
1.33
1.00
1.07
0.85
0.86
0.86
1.00
746
2,125
2,871
10
1,005
1,015
3,886
Inferred
Inferred
33.7
8.6
42.3
0.81
0.89
0.82
875
246
1,121
Resources
Detour Lake Mine
West Detour
Total M+I
Detour Lake Mine
West Detour
Total Inferred
24
Notes:
1. Mineral resources and reserves were
completed by Detour Gold in conformity
with generally accepted definitions and
guidelines given in the Canadian Institute
of Mining, Metallurgy and Petroleum (CIM)
Standards on Mineral Resources and
Mineral Reserves as required by NI 43101.
2. Mineral reserves were estimated using a
gold price of $1,000/oz and mineral
resources were estimated using a gold
price of $1,200/oz at a US$/C$ exchange
rate of 1.10.
3. Mineral reserves and resources were
based on a cut-off grade of 0.50 g/t Au.
4. Mineral reserves included an average
mining dilution of 5.3% from 2016 to 2018
and 4% for 2018+, at a diluting grade of
0.20g/t Au. Mining ore loss of 5% also
included.
5. Only Probable LG Fines scheduled in the
mine plan were reported as mineral
reserves. The LG fines reserves were
based on a cut-off grade of 0.40 g/t Au.
6. Mineral resources are reported exclusive
of mineral reserves. Mineral resources
that are not mineral reserves do not have
demonstrated economic viability.
7. Totals may not add due to rounding.
Detour Lake & West Detour
Total P+P = 16.4 Moz @ 0.99 g/t Au1
P+P
14.5 Moz
@ 1.01 g/t Au
US$1,000/oz
P+P
1.5 Moz
@ 0.98 g/t Au
Phase 1 Pit
~5.5 km
1. Includes LG Fines (386,000 oz @ 0.60 g/t Au). Mineral reserves as of December 31, 2015.
25
US$1,000/oz
Processing of Fines (LG Fines)
Segregation of fines
 Gold concentrates in the fine material on the
top portion of the low grade stockpile
Natural segregation of fines
from unloading truck
Tests validating grade and milling rate
improvement
 41% grade improvement (from 0.44 g/t to 0.62 g/t)
 25% of fine material displaces fresh feed ore
Incorporated into LOM plan
 Up to 1 Mt/yr starting in 2019
Low-grade stockpile
(avg. grade 0.44 g/t)
26
Lower Detour Exploration: Zone 58N*
*For 2015 results for holes previously released, refer to long section in press release dated October 20, 2015.
27
Shareholder Information
Share
Structure(03/31/2014)
(December 31, 2015)
Share
Structure
Top Shareholders
Top Shareholders
171.0 M
8.1 M
10%
5%
>80%
13.0 M
192.1 M
Issued & outstanding
Share options
Convertible notes 1
Paulson & Co.
INSTITUTIONS TOTAL
FULLY DILUTED
$161.0
MILLION
cash
position2
1. Conversion price for the Notes is $38.50.
2. Approximate cash and short-term investments at December 31, 2015.
28
Blackrock
C$3.7
6
BILLION
market cap
Analyst Coverage (19)
Initiating
Research
07.06.11
Firm
Analyst
Haywood
Kerry Smith
07.07.09
Paradigm
Don Blyth/Don MacLean
$22.50
07.08.07
Raymond James
Phil Russo
$20.00
07.11.26
National Bank
Steve Parsons
$18.35
07.12.20
Macquarie
Mike Siperco
$23.00
08.01.14
Canaccord
Rahul Paul
$22.50
08.07.14
TD
Dan Earle
$23.00
08.09.04
RBC
Dan Rollins
$22.00
08.11.06
BMO NB
Brian Quast
$17.00
09.06.17
Laurentian
Pierre Vaillancourt
$19.00
10.05.19
CIBC World Markets
Cosmos Chiu
$22.00
10.07.22
Credit Suisse
Anita Soni
$21.50
13.04.16
Scotiabank
Trevor Turnbull
$19.00
13.08.14
Desjardins
Michael Parkin
$18.00
13.11.12
Beacon Securities
Michael Curran
$18.50
13.12.09
GMP Securities
Ian Parkinson
$19.00
14.02.06
Cormark Securities
Richard Gray/Tyron Breytenbach
$24.50
14.04.22
Goldman Sachs
Andrew Quail
$18.00
14.06.17
Dundee Capital Markets
Josh Wolfson
$25.00
Average target
29
Target Price at
February 25, 2016
$19.50
C$20.65
Management & Directors
Management

Paul Martin
 Derek Teevan
President and CEO

COO

Sr VP Corporate &
Aboriginal Affairs
Pierre Beaudoin

James Mavor

Drew Anwyll

Sr VP Technical Services

Julie Galloway
Mine General Manager

Jean-François Métail
VP Mineral Resource
Management
CFO
 Charles Hennessey
Laurie Gaborit
Director Investor Relations

Alberto Heredia
Controller
Rachel Pineault
VP HR & Aboriginal Affairs

Sr VP General Counsel &
Corporate Secretary
Ruben Wallin
VP Environment &
Sustainability
Directors



30
Lisa Colnett
Robert E. Doyle
André Falzon



Ingrid Hibbard
Michael Kenyon
Paul Martin



Alex G. Morrison
Jonathan Rubenstein
Graham Wozniak
End Notes
Qualified Persons
The scientific and technical content of this presentation was reviewed, verified and approved by Drew Anwyll, P.Eng., Senior Vice President
Technical Services, a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of
Disclosure for Mineral Projects”.
Non-IFRS Financial Performance Measures
Detour Gold has included non-IFRS measures in this presentation. 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. 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. Other companies may calculate these measures differently
as a result of differences in underlying principles and policies applied.
All-in sustaining costs The Company believes this measure more fully defines the total costs associated with producing gold. The
Company calculates all-in sustaining costs as the sum of total cash costs (as described below), share-based compensation, corporate
general and administrative expense, exploration and evaluation expenses that are sustaining in nature, reclamation cost accretion (also
known as unwinding of the discount on decommissioning and restoration provisions), sustaining capital including deferred stripping, and
realized gains and losses on hedges due to operating and capital costs, all divided by the total gold ounces sold to arrive at a per ounce
figure.
Total cash costs are reported on a sales basis. Total cash costs include production costs such as mining, processing, refining and site
administration, agreements with Aboriginal communities, 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. The measure also includes other mine related costs incurred such as mine
standby costs and current inventory write downs. Production costs are exclusive of depreciation and depletion. Production costs include the
costs associated with providing the royalty in kind ounces.
Total site costs per ounce are reported on a produced basis in this presentation. Total site costs include production and operating costs
such as mining, processing, site general and administration, bullion shipment, refining, agreements with Aboriginal communities, capital
costs (excluding closure costs) and net of silver sales. These are exclusive of depreciation and depletion.
The Company calculates total site costs per ounce as the sum of total site costs (as described above) divided by the total gold ounces
produced. Gold ounces produced is noted before delivering the royalty in kind ounces.
31
End Notes
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.
Technical Report
On January 25, 2016, Detour Gold announced an updated life of mine plan for the Detour Lake operation and filed a NI 43-101 compliant
Technical Report on SEDAR. The Technical report was prepared by the following Qualified Persons from Detour Gold: Drew Anwyll,
P.Eng., Senior VP Technical Services (lead author); Andrew Croal, P.Eng., Director Technical Services; Ruben Wallin, P.Eng., Vice
President Environment and Sustainability; David Ritchie, M.Eng., P.Eng., Principal Geotechnical Engineer for AMEC Foster Wheeler
acting as TMA Engineer of Record; and Jacques McMullen, P.Eng. Corporate Technical Advisor.
32
Contact Information
Paul Martin
Laurie Gaborit
President and Chief Executive Officer
Email: pmartin@detourgold.com
Phone: 416.304.0800
Director Investor Relations
Email: lgaborit@detourgold.com
Phone: 416.304.0581
www.detourgold.com
33