Detour Gold Corporation: Reports Drilling Results from Lower Detour

TORONTO, ONTARIO--(Marketwired - Oct. 20, 2015) - Detour Gold Corp. (TSX:DGC) ("Detour Gold" or the "Company") reports initial results from its 2015 summer drilling program at Lower Detour, located approximately six kilometres south of its flagship Detour Lake gold mine.

The Company started the infill drilling program of 30,000 metres at 50 metres spacing in June 2015 to confirm the continuity and extent of the gold mineralization within Zone 58N. Results for the first 34 holes totaling 14,800 metres demonstrated continuity of the mineralization with visible gold observed in all but five holes. To date, gold mineralization has been intersected over an east-west strike length of 450 metres, from surface to a depth of 550 metres. The mineralized system remains open at depth and down plunge to the east.

Once the Company receives the results from the eastern and deeper holes and completes the interpretation of Zone 58N, it will be in a position to consider the option of proceeding with underground definition drilling and/or surface infill drilling of the upper portion of the deposit at a closer spacing. 

"The excellent results from the first half of the infill drilling program are encouraging and once we receive the assays from the deeper holes of Zone 58N, we can better assess the underground potential of this high-grade target." said Paul Martin, President and CEO of Detour Gold. "The exploration successes at Detour Lake and Block A, and now at Lower Detour, highlight the potential for a significant mining camp on our large land package."

Significant Intercepts (uncut gold assay reported)

• 6.46 g/t over 22.4 m (DLD-15-140)
• 5.07 g/t over 30.5 m (DLD-15-142)
• 7.53 g/t over 19 m, including 19.36 g/t over 5 m (DLD-15-146)
• 3.71 g/t over 26 m, including 9.63 g/t over 7 m (DLD-15-151)
• 14.72 g/t over 13.5 m, including 32.05 g/t over 6 m (DLD-15-157)
• 9.68 g/t over 11.3 m, including 24.92 g/t over 4.2 m (DLD-15-165A)
• 9.45 g/t over 14.9 m, including 17.20 g/t over 7 m (DLD-15-166)
• 3.88 g/t over 23.7 m, including 7.55 g/t over 11 m (DLD-15-149)

Mineralization starts at near-surface (i.e. DLD-15-138 intersected 6.4 g/t over 13.0 metres, below 10 metres of overburden) and thus far extends to a vertical depth of approximately 550 metres (i.e. DLD-15-157 intersected 14.7 g/t over 13.5 metres).

Gold mineralization is mainly found within the southern portion of an altered feldspar porphyry intrusive characterized by brittle deformation, containing quartz and/or quartz-tourmaline veins with up to 5% pyrite and multiple occurrences of visible gold. The thickness of the feldspar porphyry can exceed 100 metres, although individual mineralized lenses are typically up to 30 metres in width. The feldspar porphyry narrows to the east and west near surface.

To view Long Section of Zone 58N, Lower Detour Area, open the following link: http://media3.marketwire.com/docs/Lower-Detour-Select-Sig-Assays-from-Zone-58N_15_10_20.pdf.

Technical Information

The drilling program is being managed by Guy MacGillivray, P.Geo., Exploration Manager of Detour Gold, a Qualified Person within the meaning of National Instrument 43-101. Mr. MacGillivray has verified and approved the data disclosed in this release, including the sampling, analytical and test data underlying the information. For this drilling campaign, samples are prepared at ALS Laboratories in Timmins and Sudbury and assayed at their Vancouver, B.C laboratory. Analysis for gold is done on sawn half core samples (size HQ or NQ) using 50 grams fire assay (AAS finish). Samples with higher grade gold (>3 g/t) or with visible gold are re-assayed using the pulp and fire assay with gravimetric finish procedures. The Company's quality control checks include the insertion of standard reference materials and blank samples to monitor the precision and accuracy of the assay data.

About Detour Gold

Detour Gold is an intermediate gold producer in Canada that holds a 100% interest in the Detour Lake mine, a long life large-scale open pit operation.

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 Company being in a position to consider the option of proceeding with underground definition drilling and/or surface infill drilling of the upper portion of the deposit at a closer spacing once the results from the eastern and deeper holes are received and the interpretation of Zone 58N is completed; the Company assessing the underground potential of this high-grade target once the assays from the deeper holes of Zone 58N are received; and the potential for a significant mining camp on Detour Gold's large land package. 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 2014 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.

Contact

Detour Gold Corp.
Paul Martin
President and CEO
(416) 304.0800

Detour Gold Corp.
Laurie Gaborit
Director Investor Relations
(416) 304.0581