Detour Gold Corporation
TSX : DGC

Detour Gold Corporation

March 17, 2010 16:30 ET

Detour Gold Reports Additional Results From Its 2009 Drilling Program at Detour Lake Project in Ontario

(7.88 g/t/ 31 m & 1.33 g/t/ 85 m in Calcite Zone area)

TORONTO, ONTARIO--(Marketwire - March 17, 2010) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") reports assay results for an additional 38 holes totaling 14,678 metres (including 8 holes abandoned for 1,240 metres) from its 2009 infill diamond drilling program at the Detour Lake gold project in northern Ontario. The Company has now reported the results of the entire 2009 drilling program, which totaled 101,074 metres in 241 holes.

The Company plans to incorporate approximately 334,450 metres of drilling by Detour Gold into the feasibility study expected to be completed in the second quarter of 2010. This represents an additional 82,280 metres of surface drilling (from the pre-feasibility study) to be included in the mineral reserve and resource estimates. 

The 2010 drilling campaign is well underway with 32,756 metres completed to date. This program is mainly focussing on the western extension of the Detour Lake open pit deposit, between sections 17,540E and 18,000E on both a 40X40 metre and 80X80 metre drill spacing.

In the Calcite Zone, results from 13 infill holes (including three holes abandoned and one wedged hole) completed from section 18,100E to 18,540E continued to show good results with multiple gold intercepts outside the pre-feasibility open pit (at US$775/oz). Of significance, holes DG-09-811 on section 18,220E intersected 1.33 g/t over 85 metres followed by 4.96 g/t (uncut) or 3.12 (cut) over 22.3m and DG-09-791 on section 18,300E intersected 2.46 g/t (uncut) or 2.05 g/t (cut) over 34.2 metres and 7.88 g/t (uncut) or 2.13 g/t (cut) over 31.0 metres.

To the west of the former open pit area, 14 infill holes (including three holes abandoned and one wedged hole) completed the 40X40 metre drill spacing in the Gap Zone area. Of significance, on section 18,620E, DG-09-788A intersected 9.93 g/t (uncut) or 3.89 g/t (cut) over 13.2 metres.

In the West Pit area, results from 11 infill holes (including two abandoned holes and one wedged hole) from sections 19,280E to 20,020E confirmed continuity of the gold mineralization where predicted. Holes DG-09-820 on section 19,520E encountered 1.64 g/t over 43 metres and DG-09-817 on section 19,400E encountered 1.88 g/t over 35.5 metres.

Significant mineralized (uncut) intervals encountered are shown below.

Calcite Zone      
DG-09-791 DG-09-797 DG-09-803A DG-09-808
2.46 g/t over 34.2 m 2.52 g/t over 20.0 m 4.64 g/t over 12.0 m 2.46 g/t over 33.0 m
7.88 g/t over 31.0 m   11.67 g/t over 8.0 m 1.70 g/t over 32.5 m
       
DG-09-810 DG-09-811 DG-09-814A DG-09-821
3.04 g/t over 22.1m 1.33 g/t over 85.0 m 7.57 g/t over 7.0 m 3.21 g/t over 19.7 m
  4.96 g/t over 22.3 m   10.04 g/t over 10.9 m
Gap Zone      
DG-09-788A      
9.93 g/t over 13.2 m      
       
West Pit      
DG-09-799A DG-09-801 DG-09-817 DG-09-820
6.32 g/t over 11.0 m 5.50 g/t over 14.0 m 1.88 g/t over 35.5 m 1.64 g/t over 43.0 m
  3.23 g/t over 24.0 m    

Complete tables of results, surface and longitudinal plans and cross-sections for the Detour Lake deposit are posted on the Company's website www.detourgold.com /Projects/Detour Lake or http://www.detourgold.com/s/LatestDrillResults.asp or on the home page "Explore Detour Lake".

Detour Gold's delineation program is being managed by Project Manager, Mr. Roger Aubertin, P.Eng., a Qualified Person within the meaning of National Instrument 43-101. Mr. Aubertin has verified and approved the data disclosed in this release, including the sampling, analytical and test data underlying the information. Samples are now prepared at both SGS Minerals Services in Sudbury and Don Mills, Ontario, Canada and assayed in their laboratory at Don Mills. Analysis for gold is done on sawn half core samples using fire assay (AA finish). Samples with higher grade gold (>5 g/t) are re-assayed using the pulp and metallics procedures. Standard reference materials, blank and field duplicate samples are inserted prior to shipment from site to monitor the quality control of the assay data. For additional information on Quality Assurance and Quality Control ("QA/QC"), refer to the press release dated April 11, 2007.

Forward-Looking Information

This press release contains certain forward-looking information as defined in applicable securities laws (referred to herein as "forward-looking statements"). Specifically, this press release contains forward-looking statements regarding the completion of the feasibility study. 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 2008 annual information form. 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; the estimated timeline for the development of the Detour Lake Project; the supply and demand for, and the level and volatility of the price of, gold;  the accuracy of mineral reserve and resource estimates and the assumptions on which the mineral reserve and resource estimates are based; market competition; ongoing relations with employees and local communities; and general business and economic conditions. Accordingly, readers should not place undue reliance on forward-looking 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.

Detour Lake Project - Highlights of Drill Results

Hole No. Section No. From (m) To (m) Length (m) Au
Uncut
(g/t)
Au
Cut to 20 g/t
(g/t)
Host Rock Unit
DG-09-788 18,620E Abandoned at 447.0 m. Hit underground workings.  
(Gap Zone)   401.0 415.0 14.0 1.22 1.22  
DG-09-788A 18,620E 410.8 424.0 13.2 9.93 3.89 Upper Pillow Flow
(Gap Zone)   Inc. 410.8 411.3 0.5 139.23 20.00  
    Inc. 413.0 414.0 1.0 40.11 20.00  
DG-09-789 19,740E 84.0 91.0 7.0 2.72 2.72  
(West Pit)   103.0 123.0 20.0 1.58 1.46 SLDZ
    Inc. 121.0 121.5 0.5 25.04 20.00  
DG-09-790 19,240E 413.0 444.0 31.0 1.37 1.37 Lower Pillow Flow
(Gap Zone)              
DG-09-791 18,300E 395.0 430.0 35.0 1.08 1.08 Lower Pillow Flow
(Calcite Zone)   474.0 505.0 31.0 0.92 0.92 Lower Pillow Flow
    537.0 571.2 34.2 2.46 2.05 Lower Pillow Flow
    Inc. 555.0 556.0 1.0 34.13 20.00  
    601.0 632.0 31.0 7.88 2.13 Lower MF/Lower PF
    Inc. 608.0 609.0 1.0 36.14 20.00  
    Inc. 614.8 615.3 0.5 177.34 20.00  
    Inc. 615.3 615.8 0.5 187.10 20.00  
DG-09-792 19,780E 274.7 291.0 16.3 1.23 1.23  
(West Pit)              
DG-09-793 18,900E 38.0 45.0 7.0 1.18 1.18  
(Gap Zone)   65.0 74.0 9.0 1.03 1.03  
    83.0 91.0 8.0 1.46 1.46  
    96.0 103.0 7.0 1.48 1.48  
    113.0 134.0 21.0 1.34 1.34 Lower PF/Lower MF
    158.0 173.0 15.0 1.18 1.18  
DG-09-794 19,960E Abandoned at 48.0 m. No Significant Results.  
(West Pit)      
DG-09-794A 19,960E No Significant Results.  
(West Pit)      
DG-09-795 18,720E 292.0 301.0 9.0 1.68 1.68  
(Gap Zone)   330.0 353.0 23.0 1.64 1.32 Upper Pillow Flow
    Inc. 344.2 344.7 0.5 23.70 20.00  
    Inc. 351.7 352.2 0.5 31.17 20.00  
    616.0 624.0 8.0 1.67 1.56  
    Inc. 618.7 619.2 0.5 21.71 20.00  
    654.0 663.0 9.0 4.74 4.14 Lower Pillow Flow
    Inc. 659.0 660.0 1.0 25.40 20.00  
    704.0 711.0 7.0 1.50 1.50  
DG-09-796 18,920E No Significant Results.  
(Gap Zone)      
DG-09-797 18,180E 294.5 314.0 19.5 0.83 0.83  
(Calcite Zone)   342.0 349.0 7.0 6.85 4.92 Upper Massive Flow
    365.5 381.0 15.5 0.83 0.83  
    397.0 413.0 16.0 1.10 1.10  
    433.0 441.0 8.0 1.43 1.43  
    468.0 488.0 20.0 2.52 1.36 Lower Pillow Flow
    Inc. 470.0 470.5 0.5 66.44 20.0  
    549.0 571.4 22.4 1.26 1.26 Lower Massive Flow
    698.0 709.0 11.0 1.44 1.44  
DG-09-798 18,960E 66.0 76.0 10.0 0.96 0.96  
(Gap Zone)   98.0 107.0 9.0 1.79 1.79  
    154.0 161.0 7.0 5.79 1.77 Lower Massive Flow
    Inc. 156.0 156.5 0.5 76.23 20.00  
    209.0 216.0 7.0 1.09 1.09  
    256.0 263.0 7.0 1.02 1.02  
DG-09-799 20,020E Abandoned at 175.0 m. Hit UG workings.  
(West Pit)      
DG-09-799A 20,020E Wedged at 145.0 m.  
(West Pit)   269.1 280.1 11.0 6.32 4.87 CMH
    Inc. 278.1 278.6 0.5 42.56 20.00  
    Inc. 278.6 279.1 0.5 29.29 20.00  
    330.0 345.0 15.0 0.83 0.83  
    364.0 374.0 10.0 0.83 0.83  
DG-09-800 19,240E 66.0 73.0 7.0 1.47 1.47  
(Gap Zone)   Inc. 68.2 68.7 0.5 20.00 20.00  
    115.0 122.0 7.0 1.77 1.77  
DG-09-801 19,280E 19.0 33.0 14.0 5.50 2.17 Lower Pillow Flow
(West Pit)   Inc. 24.0 25.0 1.0 66.56 20.00  
    98.0 105.0 7.0 1.46 1.46  
    205.0 229.0 24.0 3.23 3.18 Lower MF/CMH
    Inc. 217.0 218.0 1.0 21.37 20.00  
DG-09-802 18,880E 232.0 243.0 11.0 1.10 1.10  
(Gap Zone)              
DG-09-803 18,180E Abandoned at 321.0 m.  
(Calcite Zone)      
DG-09-803A 18,180E Wedged at 252.0 m.  
(Calcite Zone)   323.0 340.0 17.0 0.74 0.74  
    354.0 366.0 12.0 0.98 0.98  
    393.0 401.0 8.0 0.90 0.90  
    421.0 430.0 9.0 1.48 1.48  
    444.0 462.0 18.0 2.07 2.07 Lower PF/Upper MF
    480.0 489.0 9.0 0.85 0.85  
    562.0 574.0 12.0 4.64 2.70 Lower MF/Lower PF
    Inc. 563.0 564.0 1.0 43.29 20.00  
    594.0 602.0 8.0 11.67 4.05 Lower Massive Flow
    Inc. 601.0 601.5 0.5 84.61 20.00  
    Inc. 601.5 602.0 0.5 77.22 20.00  
    643.0 650.0 7.0 1.31 1.31  
DG-09-804 18,660E 320.0 329.8 9.8 0.97 0.97  
(Gap Zone)   394.0 406.0 12.0 1.56 1.56  
    581.0 588.0 7.0 5.37 4.38 Lower Pillow Flow
    Inc. 585.0 586.0 1.0 26.92 20.00  
    596.0 608.0 12.0 2.33 2.20 Lower Pillow Flow
    Inc. 598.0 599.0 1.0 21.55 20.00  
DG-09-807 18,540E Abandoned at 27.0m.  
(Calcite Zone)              
DG-09-807A 18,540E 244.0 262.0 18.0 1.81 1.51 Upper Pillow Flow
(Calcite Zone)   Inc. 250.0 250.5 0.5 30.91 20.00  
    366.0 383.0 17.0 2.05 2.05 Lower Pillow Flow
    409.0 426.0 17.0 1.15 1.15  
DG-09-808 18,220E 375.0 391.0 16.0 0.88 0.88  
(Calcite Zone)   455.0 462.0 7.0 1.05 1.05  
    473.0 500.0 27.0 1.28 1.28 Lower Pillow Flow
    509.0 524.0 15.0 1.41 1.41  
    534.0 567.0 33.0 2.46 2.16 Lower Pillow Flow
    Inc. 564.0 564.5 0.5 39.70 20.00  
    576.0 583.0 7.0 2.10 2.10  
    639.0 646.0 7.0 1.00 1.00  
    657.0 689.5 32.5 1.70 1.70 Lower MF/Lower PF
    705.0 717.0 12.0 2.95 1.97 Lower Massive Flow
    Inc. 709.2 709.7 0.5 43.65 20.00  
DG-09-810 18,500E 106.0 117.5 11.5 2.02 2.02  
(Calcite Zone)   242.0 255.0 13.0 1.16 1.16  
    265.0 283.0 18.0 0.98 0.98  
    303.5 337.0 33.5 1.09 1.09 Lower Pillow Flow
    349.0 371.1 22.1 3.04 2.03 Lower Pillow Flow
    Inc. 361.7 362.2 0.5 64.83 20.00  
    458.0 465.0 7.0 1.41 1.41  
    561.0 568.0 7.0 3.26 3.26  
    624.5 631.4 6.9 1.13 1.13  
    646.0 653.0 7.0 1.12 1.12  
DG-09-811 18,220E 321.0 334.0 13.0 0.74 0.74  
(Calcite Zone)   403.0 488.0 85.0 1.33 1.33 Lower PF/Upper MF
    546.0 568.3 22.3 4.96 3.12 Lower Pillow Flow
    Inc. 552.7 553.2 0.5 102.21 20.00  
    580.0 587.0 7.0 1.41 1.41  
    596.0 603.0 7.0 3.38 3.38  
    622.0 638.0 16.0 1.27 1.27  
DG-09-812 18,960E 201.5 211.0 9.5 1.26 1.26  
(Gap Zone)   526.0 542.0 16.0 1.34 1.34  
DG-09-813 18,920E No Significant Results.  
(Gap Zone)      
DG-09-814 18,140E Abandoned at 70.4m.  
(Calcite Zone)              
DG-09-814A 18,140E 267.0 277.0 10.0 1.13 1.13  
(Calcite Zone)   374.0 393.0 19.0 0.76 0.76  
    405.0 415.0 10.0 2.54 2.54 Lower Pillow Flow
    465.0 489.0 24.0 1.43 1.43 Lower Pillow Flow
    497.0 504.0 7.0 7.57 3.10 Lower MF/Lower PF
    Inc. 501.0 502.0 1.0 51.32 20.00  
    546.0 556.0 10.0 1.19 1.19  
    573.0 580.0 7.0 2.42 1.95  
    Inc. 578.5 579.0 0.5 26.55 20.00  
DG-09-817 19,400E 12.0 28.0 16.0 1.03 1.03  
(West Pit)   72.0 84.5 12.5 1.10 1.10  
    191.5 214.0 22.5 1.75 1.75 Upper Massive Flow
    276.5 312.0 35.5 1.88 1.88 Lower Pillow Flow
DG-09-819 19,480E 219.3 226.6 7.3 1.17 1.17  
(West Pit)              
DG-09-820 19,520E 177.0 189.0 12.0 0.67 0.67  
(West Pit)   239.0 250.0 11.0 1.81 1.81  
    315.0 358.0 43.0 1.64 1.64 Lower Pillow Flow
    381.0 410.0 29.0 1.28 1.28 Lower MF/Lower PF
DG-09-821 18,140E 442.0 470.0 28.0 0.89 0.89  
(Calcite Zone)   480.0 491.0 11.0 1.03 1.03  
    497.8 517.5 19.7 3.61 2.85 Lower Pillow Flow
    Inc. 497.8 498.3 0.5 25.55 20.00  
    Inc. 508.4 509.0 0.6 40.35 20.00  
    538.0 567.0 29.0 1.44 1.44 Lower Pillow Flow
    620.7 631.6 10.9 10.04 5.92 Lower Massive Flow
    Inc. 620.7 621.2 0.5 38.31 20.00  
    Inc. 621.2 621.7 0.5 28.37 20.00  
    Inc. 621.7 622.4 0.7 33.01 20.00  
    Inc. 622.4 622.9 0.5 64.98 20.00  
    653.0 660.0 7.0 2.02 2.02  
DG-09-822 19,560E 118.0 127.0 9.0 0.82 0.82  
(West Pit)   209.0 217.0 8.0 1.77 1.77  
    305.0 312.0 7.0 1.50 1.50  
    350.0 360.0 10.0 2.95 2.95 Lower Massive Flow
    412.0 419.0 7.0 6.42 4.27 Lower Massive Flow
    Inc. 416.0 417.0 1.0 35.00 20.00  
    443.0 450.0 7.0 5.23 5.23 Lower Massive Flow
DG-09-823 19,200E Abandoned at 73.5m.  
(Gap Zone)              
DG-09-823A 19,200E Abandoned at 78.0m.  
(Gap Zone)    
DG-09-824 18,100E 412.5 419.5 7.0 1.28 1.28  
(Calcite Zone)              

Note: All values above 20 g/t in the composite are reported in the table. True width is estimated to be 65 to 75% of the drilled length, except for holes drilled to the north (i.e. sections 19,480E to 20,440E) where the true width is estimated at 60 to 65% of the drilled length.

Contact Information

  • Detour Gold Corporation
    Gerald Panneton
    President and CEO
    (416) 304.0800
    or
    Detour Gold Corporation
    Laurie Gaborit
    Director Investor Relations
    (416) 304.0581
    or
    Detour Gold Corporation
    Royal Bank Plaza, North Tower
    200 Bay Street, Suite 2040
    Toronto, Ontario M5J 2J1