Detour Gold Corporation
TSX : DGC

Detour Gold Corporation

September 20, 2010 17:00 ET

Detour Gold Reports More Results From Its 2010 Drilling Program at Detour Lake Project in Ontario

Gold Mineralization Extending West of Current Pit (2.54 g/t / 48 m & 2.80 g/t / 41.5 m west of Calcite Zone)

TORONTO, ONTARIO--(Marketwire - Sept. 20, 2010) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") reports assay results for its 2010 drilling campaign at the Detour Lake gold project in northern Ontario. A total of 90,864 metres has now been completed. The 2010 program covered the western extension of the Detour Lake open pit deposit between section 17,540E and 18,000E on a 40X40 metre drill spacing. Today's results include an additional 25 holes totaling 12,491 metres (including four holes abandoned for 788 metres). To date, the Company has released assay results of 104 holes totaling 50,049 metres (approximately 55% of the program).

Following up on the successful 2010 drilling campaign, the Company has added an additional 15,000 metres of drilling, which will extend to section 17,460E on a 40X40 metre spacing. This additional drilling is to be completed by year-end. Drill results to date indicate that the gold mineralization continues west of the current US$850/oz pit shell. An updated mineral resources and reserves statement is expected in early 2011.

All drill holes were completed from sections 17,700E to 17,900E, west of the Calcite Zone. Gold mineralization was intersected outside of the feasibility study open pit, along the same mineralized corridor. On all sections, significant gold mineralization was encountered at the contact between the massive flow and the Sunday Lake Deformation Zone: 2.80 g/t (uncut) or 2.49 g/t (cut) over 41.5 metres in hole DG-10-907A, 4.18 g/t (uncut) or 2.50 g/t (cut) over 16.0 metres in hole DG-10-926, and 1.15 g/t over 37.0 metres in hole DG-10-923.

Significant gold mineralization was also present in the pillow flows (representing the extension of Domain 2, which contains 38% of the measured and indicated resources). Of significance, hole DG-10-900 intersected 0.99 g/t over 59.0 metres, hole DG-10-910 intersected 3.03 g/t (uncut) or 2.93 (cut) over 32.9 metres, and hole DG-10-925 intersected 2.54 g/t (uncut) or 2.06 g/t (cut) over 48.0 metres.

Significant gold mineralized (uncut) intervals encountered are shown below.


West of Calcite Zone
     
DG-10-900 DG-10-901A DG-10-903 DG-10-904
0.99 g/t over 59.0 m 2.03 g/t over 25.4 m 3.46 g/t over 15.0 m 4.46 g/t over 15.0 m
       
DG-10-907A DG-10-908 DG-10-910 DG-10-919
4.92 g/t over 21.0 m 11.22 g/t over 7.0 m 3.03 g/t over 32.9 m 7.54 g/t over 8.0 m
2.80 g/t over 41.5 m 8.01 g/t over 9.0 m    
       
DG-10-920 DG-10-923 DG-10-925 DG-10-926
3.94 g/t over 23.0 m 4.12 g/t over 26.0 m 2.54 g/t over 48.0 m 4.18 g/t over 16.0 m

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

Detour Gold's delineation program is being managed by its Exploration Manager, Mr. Roger Aubertin, 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 at the Don Mills location. 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 news release dated April 11, 2007.

Forward-Looking Information

This news release contains certain forward-looking information as defined in applicable securities laws (referred to herein as "forward-looking statements"). Specifically, this news release contains forward-looking statements regarding the Company's plan to release an updated mineral resources and reserves statement for early 2011. 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 2009 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 gold project; the supply and demand for, and the level and volatility of the price of, gold; the results of the feasibility study and the assumptions on which the feasibility study is based; the accuracy of reserve and resource estimates and the assumptions on which the reserve and resource estimates are based; the receipt of necessary permits; 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. 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   From   To   Length   Au   Au Cut to   Host Rock Unit
     No.   (m)   (m)   (m)   Uncut   20 g/t    
                    (g/t)   (g/t)    
DG-10-900   17,820E   215.0   274.0   59.0   0.99   0.99   Upper Pillow Flow
(Calcite Zone)       293.0   300.0   7.0   1.38   1.38    
        323.0   331.0   8.0   2.97   1.53    
        Inc. 323.0   323.5   0.5   42.94   20.00    
        347.0   356.0   9.0   5.25   4.78   Contact PF/ MF
        Inc. 355.0   356.0   1.0   24.30   20.00    
DG-10-901   17,820E   Abandoned at 100 m. No significant results.    
(Calcite Zone)            
DG-10-901A   17,820E   168.0   193.4   25.4   2.03   2.03   Contact PF/ MF
(Calcite Zone)       218.0   230.0   12.0   1.05   1.05    
        272.0   279.5   7.5   5.62   2.33   Upper Massive Flow
        Inc. 278.3   278.8   0.5   69.26   20.00    
        347.7   360.0   12.3   3.77   3.77   Lower Massive Flow
        455.0   462.0   7.0   2.66   1.89    
        Inc. 456.0   456.5   0.5   30.90   20.00    
        485.6   493.0   7.4   4.13   1.39   Lower Massive Flow
        Inc. 485.6   486.1   0.5   60.51   20.00    
        562.0   569.0   7.0   1.34   1.34    
        618.0   627.0   9.0   1.69   1.69    
        641.0   663.0   22.0   1.52   1.52   SLDZ
DG-10-902   17,820E   136.0   143.5   7.5   1.39   1.39    
(Calcite Zone)       180.7   195.9   15.2   0.98   0.98    
        444.0   454.0   10.0   1.56   1.56    
        504.0   513.0   9.0   1.01   1.01    
DG-10-903   17,900E   111.0   127.0   16.0   3.12   1.99   Upper Pillow Flow
(Calcite Zone)       Inc. 111.0   111.5   0.5   21.30   20.00    
        Inc. 111.5   112.0   0.5   54.70   20.00    
        231.0   246.0   15.0   3.46   3.46   Contact PF/ MF
        261.0   270.5   9.5   0.92   0.92    
        309.0   317.0   8.0   1.89   1.89    
DG-10-904   17,900E   173.0   180.0   7.0   1.15   1.15    
(Calcite Zone)       228.0   246.0   18.0   0.86   0.86    
        296.0   304.0   8.0   1.54   1.54    
        352.8   360.0   7.2   1.79   1.57    
        Inc. 352.8   353.3   0.5   23.10   20.00    
        370.5   389.0   18.5   1.27   1.21    
        Inc. 370.5   371.0   0.5   22.12   20.00    
        406.0   421.0   15.0   4.46   2.97   Lower Pillow Flow
        Inc. 409.0   410.0   1.0   42.40   20.00    
        432.0   444.0   12.0   1.24   1.24    
        522.0   533.0   11.0   1.47   1.47    
        544.0   556.0   12.0   1.15   1.15    
DG-10-907   17,900E   Abandoned at 112 m. No significant results.    
(Calcite Zone)                            
DG-10-907A       57.0   64.0   7.0   1.02   1.02    
(Calcite Zone)       73.0   93.0   20.0   1.03   1.03    
        133.0   154.0   21.0   4.92   1.69   Contact PF/ MF
        Inc. 138.0   139.0   1.0   87.85   20.00    
        296.0   303.0   7.0   1.43   1.43    
        345.0   352.0   7.0   1.02   1.02    
        392.0   433.5   41.5   2.80   2.49   Contact CMH/ MF
        Inc. 394.0   395.0   1.0   32.90   20.00    
DG-10-908   17,780E   98.0   105.0   7.0   11.22   3.13   Upper Pillow Flow
(Calcite Zone)       Inc. 98.0   99.0   1.0   76.60   20.00    
        173.0   184.0   11.0   1.21   1.21    
        197.0   206.0   9.0   8.01   2.77   Upper Massive Flow
        Inc. 205.0   206.0   1.0   67.20   20.00    
        236.0   253.0   17.0   1.53   1.53   Upper Massive Flow
        267.0   275.0   8.0   1.13   1.13    
        469.0   476.0   7.0   1.02   1.02    
        561.0   571.0   10.0   0.76   0.76    
DG-10-910   17,780E   102.0   120.0   18.0   2.43   1.90   Upper Massive Flow
(Calcite Zone)       Inc. 102.0   103.0   1.0   29.60   20.00    
        186.0   205.0   19.0   1.95   1.95   Upper Massive Flow
        221.0   253.9   32.9   3.03   2.93   Upper Pillow Flow
        Inc. 223.0   224.0   1.0   23.40   20.00    
        264.0   272.0   8.0   0.89   0.89    
        281.0   291.0   10.0   1.01   1.01    
        320.0   343.0   23.0   1.15   1.15   Upper Massive Flow
        366.0   380.0   14.0   1.08   1.08    
        543.0   550.0   7.0   1.17   1.17    
        644.0   660.0   16.0   1.25   1.25    
        667.0   676.3   9.3   2.47   2.47    
DG-10-912   17,780E   93.0   107.0   14.0   2.09   2.09   Upper Massive Flow
(Calcite Zone)       139.5   147.0   7.5   1.23   1.23    
        156.0   171.0   15.0   1.00   1.00    
        414.0   427.0   13.0   0.87   0.87    
        449.0   456.6   7.6   1.26   1.26    
DG-10-913   17,820E   44.0   54.0   10.0   1.29   1.29    
(Calcite Zone)       96.0   111.0   15.0   0.85   0.85    
        328.0   344.0   16.0   2.80   1.69   Lower Massive Flow
        Inc. 342.0   342.5   0.5   55.68   20.00    
        384.0   391.5   7.5   1.58   1.58    
DG-10-915   17,900E   100.0   107.0   7.0   1.09   1.09    
(Calcite Zone)       290.0   297.5   7.5   1.22   1.22    
DG-10-916   17,780E   301.0   316.0   15.0   1.39   1.39   Ùpper Pillow Flow
(Calcite Zone)       397.0   406.0   9.0   3.34   3.34   Upper Massive Flow
DG-10-917   17,700E   79.0   100.0   21.0   1.21   1.21   Upper Pillow Flow
(Calcite Zone)       149.8   180.0   30.2   1.08   0.87   Upper Massive Flow
        Inc. 149.8   150.3   0.5   32.60   20.00    
        238.0   248.0   10.0   0.86   0.86    
        419.0   432.0   13.0   1.16   1.16    
        459.0   467.0   8.0   1.72   1.72    
DG-10-919   17,780E   61.0   70.0   9.0   1.02   1.02    
(Calcite Zone)       313.0   321.0   8.0   7.54   1.49   Lower Massive Flow
        Inc. 318.2   318.7   0.5   116.79   20.00    
DG-10-920   17,740E   67.0   74.0   7.0   1.42   1.42    
(Calcite Zone)       205.0   231.0   26.0   1.81   1.81   Upper Massive Flow
        246.0   269.0   23.0   3.94   2.27   Upper Pillow Flow
        Inc. 267.0   268.0   1.0   58.40   20.00    
        270.5   278.0   7.5   0.98   0.98    
        292.0   299.0   7.0   1.52   1.52    
        530.5   537.9   7.4   1.37   1.37    
        594.0   606.0   12.0   0.85   0.85    
        667.0   674.0   7.0   1.32   1.32    
DG-10-921   17,740E   104.0   118.0   14.0   0.92   0.92    
(Calcite Zone)       374.0   382.0   8.0   0.97   0.97    
        402.0   419.0   17.0   1.42   1.42    
DG-10-922   17,740E   66.0   84.0   18.0   1.31   1.31    
(Calcite Zone)       115.6   123.0   7.4   1.02   1.02    
        139.0   146.0   7.0   1.35   1.35    
        162.0   190.5   28.5   1.60   1.57   Lower Pillow Flow
        Inc. 180.0   181.0   1.0   21.00   20.00    
        207.0   217.0   10.0   0.97   0.97    
        239.2   246.0   6.8   3.94   1.88   Lower Pillow Flow
        Inc. 239.2   239.7   0.5   48.04   20.00    
        423.0   437.0   14.0   0.94   0.94    
        449.0   456.6   7.6   1.49   1.49    
DG-10-923   17,700E   109.0   116.0   7.0   1.61   1.61    
(Calcite Zone)       124.0   150.0   26.0   4.12   1.43   Upper Pillow Flow
        Inc. 131.5   132.0   0.5   159.87   20.00    
        168.0   181.0   13.0   0.91   0.91    
        236.0   254.0   18.0   1.02   1.02    
        294.0   304.0   10.0   0.87   0.87    
        523.0   560.0   37.0   1.15   1.15   Lower Massive Flow
DG-10-924   17,700E   151.0   158.0   7.0   1.10   1.10    
(Calcite Zone)       206.0   215.0   9.0   4.92   3.01   Upper Massive Flow
        Inc. 206.0   207.0   1.0   37.20   20.00    
        240.0   247.0   7.0   1.59   1.59    
        326.0   337.0   11.0   1.24   1.24    
        348.0   355.0   7.0   1.24   1.24    
        383.0   391.0   8.0   1.84   1.84    
        409.0   422.0   13.0   1.69   1.69    
        637.0   656.0   19.0   0.73   0.73    
DG-10-925   17,740E   162.0   185.0   23.0   1.92   1.17   Upper Massive Flow
(Calcite Zone)       Inc. 162.0   163.0   1.0   37.20   20.00    
        196.0   211.0   15.0   0.89   0.89    
        224.0   272.0   48.0   2.54   2.06   Contact PF/ MF
        Inc. 227.0   228.0   1.0   22.60   20.00    
        Inc. 253.0   253.5   0.5   61.17   20.00    
        307.0   314.0   7.0   1.68   1.68    
        379.0   396.0   17.0   1.51   1.51   Upper Massive Flow
        429.0   436.0   7.0   1.54   1.54    
        607.0   617.0   10.0   0.91   0.91    
DG-10-926   17,740E   96.0   104.6   8.6   0.84   0.84    
(Calcite Zone)       124.0   141.0   17.0   0.88   0.88    
        148.0   169.0   21.0   1.90   1.19   Upper Massive Flow
        Inc. 160.0   160.7   0.7   41.30   20.00    
        212.0   219.0   7.0   2.35   2.35    
        227.0   238.0   11.0   0.72   0.72    
        290.0   297.4   7.4   1.93   1.51    
        Inc. 293.3   293.8   0.5   26.20   20.00    
        459.0   475.0   16.0   4.18   2.50   Lower Massive Flow
        Inc. 465.3   465.8   0.5   73.90   20.00    
        486.0   499.8   13.8   1.01   1.01    
DG-10-927   17,700E   Abandoned at 51 m. Not sampled.    
(Calcite Zone)            
DG-10-927A   17,700E   39.0   59.0   20.0   1.04   1.04    
(Calcite Zone)       72.0   79.0   7.0   1.02   1.02    
        341.0   354.0   13.0   2.50   2.50   Lower Massive Flow
        380.0   389.0   9.0   1.56   1.56    
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, South Tower,
    200 Bay Street, Suite 2200,
    Toronto, Ontario
    M5J 2J1