Detour Gold Reports Results from its 2010 Drilling Program at Detour Lake Project in Ontario Gold Mineralization Extending West of Current Pit(3.19 g/t / 57 m & 4.17 g/t / 43.8 m west of Calcite Zone)
Gold Mineralization Extending West of Current Pit
(3.19 g/t / 57 m & 4.17 g/t / 43.8 m west of Calcite Zone)
TORONTO, ONTARIO -- (Marketwire) -- 07/06/10 -- 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. The 2010 drilling campaign of 90,000 metres is nearly 80% complete. The program is focusing on the western extension of the Detour Lake open pit deposit between section 17,540E and 18,000E on a 40X40 metre drill spacing. Thus far, the Company has completed 69,096 metres in 140 holes. Today's results include an additional 27 holes totaling 13,014 metres (including six holes abandoned for 982 metres). The first set of results from the 2010 drilling program was released on April 28, 2010.
The Company plans to issue an updated mineral resources and reserves statement for the year-end, which will include the entire 2010 drilling program. Drill results to date indicate that the gold mineralization continues west of the current US$850 pit shell. The Technical Report was filed on SEDAR on June 30, 2010.
All drill holes (except for one in the West Pit area) were completed from section 17,620E to 18,060E, west of the Calcite Zone. Gold mineralization was intersected outside of the feasibility study open pit, along the same wide mineralized corridor. Of significance, holes DG-10-849 on section 18,020E intersected 3.19 g/t (uncut) or 2.88 g/t (cut) over 57.0 metres, DG-10-855 on section 17,700E intersected 4.17 g/t (uncut) or 2.62 g/t (cut) over 43.8 metres, and DG-10-854 on section 17,620E intersected 4.19 g/t (uncut) or 2.18 g/t (cut) over 33.0 metres. Also of importance, drill holes on the western-most section (17,620E) intersected multiple gold mineralized zones from surface to 500 metres.
Significant gold mineralized (uncut) intervals encountered are shown below.
Calcite Zone
--------------
DG-10-847 DG-10-849 DG-10-850 DG-10-851
-------------- -------------- -------------- --------------
7.86 g/t over 3.19 g/t over 1.22 g/t over 4.34 g/t over
10.8 m 57.0 m 43.0 m 12.0 m
4.76 g/t over
20.0 m
DG-10-852 DG-10-853 DG-10-854 DG-10-855
-------------- -------------- -------------- --------------
2.56 g/t over 1.64 g/t over 6.12 g/t over 4.17 g/t over
31.5 m 49.5 m 12.5 m 43.8 m
4.19 g/t over
33.0 m
DG-10-859 DG-10-866
-------------- --------------
3.76 g/t over 4.17 g/t over
17.5 m 26.0 m DG-10-867
--------------
21.6 g/t over 1.39 g/t over
7.8 m 38.0 m
6.07 g/t over
19.1 m
3.11 g/t over
20.5 m
2.99 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 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 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 (greater than 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.
Detour Gold Corporation, Royal Bank Plaza, South Tower, 200 Bay Street, Suite 2200, Toronto, Ontario M5J 2J1
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's plan to issue an updated mineral resources and reserves statement scheduled for year-end. 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
----------------------------------------------------------------------------
Au
Cut
Au to 20 Host
Section To Length Uncut g/t Rock
Hole No. No. From (m) (m) (m) (g/t) (g/t) Unit
----------------------------------------------------------------------------
DG-10-845 17,780E 99.0 106.0 7.0 1.20 1.20
----------------------------------------------------
(Calcite Zone) 124.0 132.0 8.0 1.97 1.97
----------------------------------------------------
277.0 286.5 9.5 2.21 2.03
----------------------------------------------------
Inc. 286.0 286.5 0.5 23.40 20.00
----------------------------------------------------
448.0 478.0 30.0 0.78 0.78
----------------------------------------------------------------------------
DG-10-846 17,700E 49.0 56.0 7.0 1.53 1.53
----------------------------------------------------
(Calcite Zone) 103.0 110.0 7.0 1.31 1.31
----------------------------------------------------
365.0 373.0 8.0 1.08 1.08
----------------------------------------------------
419.0 426.0 7.0 1.03 1.03
----------------------------------------------------------------------------
DG-10-847 17,780E 172.0 181.0 9.0 1.09 1.09
----------------------------------------------------
(Calcite Zone) 205.0 214.0 9.0 1.23 1.23
----------------------------------------------------
Upper
pillow
348.0 359.0 11.0 2.84 1.66 flow
----------------------------------------------------
Inc. 358.0 358.5 0.5 46.03 20.00
----------------------------------------------------
443.0 450.0 7.0 1.88 1.88
----------------------------------------------------
551.0 558.0 7.0 1.31 1.31
----------------------------------------------------
603.0 614.0 11.0 1.41 1.41
----------------------------------------------------
Lower
massive
621.2 632.0 10.8 7.86 2.78 flow
----------------------------------------------------
Inc. 628.0 628.5 0.5 122.39 20.00
----------------------------------------------------
Inc. 628.5 629.0 0.5 27.45 20.00
----------------------------------------------------------------------------
Upper
pillow
DG-10-848 17,700E 270.0 295.2 25.2 1.08 1.08 flow
----------------------------------------------------
Upper
massive
(Calcite Zone) 305.0 314.2 9.2 3.93 1.54 flow
----------------------------------------------------
Inc. 313.2 313.7 0.5 63.82 20.00
----------------------------------------------------
355.0 375.0 20.0 1.25 1.25
----------------------------------------------------
405.2 416.8 11.6 1.63 1.63
----------------------------------------------------
515.0 522.5 7.5 1.89 1.44
----------------------------------------------------
Inc. 520.8 521.3 0.5 26.72 20.00
----------------------------------------------------
567.0 574.0 7.0 1.20 1.20
----------------------------------------------------------------------------
DG-10-849 18,020E 352.0 361.0 9.0 1.05 1.05
----------------------------------------------------
Contact
(Calcite Zone) 385.0 412.0 27.0 1.13 1.13 PF/MF
----------------------------------------------------
434.0 445.0 11.0 1.15 1.15
----------------------------------------------------
Lower
pillow
453.0 510.0 57.0 3.19 2.88 flow
----------------------------------------------------
Inc. 457.5 458.0 0.5 36.25 20.00
----------------------------------------------------
Inc. 461.0 461.5 0.5 33.58 20.00
----------------------------------------------------
Inc. 470.5 471.0 0.5 21.40 20.00
----------------------------------------------------
Inc. 479.0 480.0 1.0 21.80 20.00
----------------------------------------------------
530.0 544.0 14.0 0.88 0.88
----------------------------------------------------
Lower
pillow
567.0 587.0 20.0 4.76 1.69 flow
----------------------------------------------------
Inc. 574.0 574.5 0.5 142.96 20.00
----------------------------------------------------
645.0 652.0 7.0 2.62 2.62
----------------------------------------------------
670.0 679.2 9.2 2.07 2.07
----------------------------------------------------------------------------
DG-10-850 17,620E Abandoned at 171 m.
----------------------------------------------------
(Calcite Zone) 85.0 100.0 15.0 1.12 1.12
----------------------------------------------------
Contact
117.0 160.0 43.0 1.22 0.98 PF/MF
----------------------------------------------------
Inc. 156.0 156.5 0.5 41.05 20.00
----------------------------------------------------------------------------
DG-10-850A 17,620E Abandoned wedge (136-208 m).
----------------------------------------------------
(Calcite Zone) 146.0 161.0 15.0 0.92 0.92
----------------------------------------------------
193.0 208.0 15.0 1.25 1.25
----------------------------------------------------------------------------
DG-10-850B 17,620E Abandoned at 327 m.
----------------------------------------------------
(Calcite Zone) 149.0 161.0 12.0 1.12 1.12
----------------------------------------------------
209.0 221.0 12.0 1.80 1.80
----------------------------------------------------
270.0 277.0 7.0 2.90 2.10
----------------------------------------------------
Inc. 271.0 271.5 0.5 31.21 20.00
----------------------------------------------------------------------------
DG-10-850C 17,620E Wedge from 294-528 m.
----------------------------------------------------
(Calcite Zone) 429.0 438.0 9.0 0.94 0.94
----------------------------------------------------
458.0 466.0 8.0 1.67 1.67
----------------------------------------------------
472.0 479.0 7.0 1.27 1.27
----------------------------------------------------
499.0 506.0 7.0 2.12 2.12
----------------------------------------------------------------------------
Upper
pillow
DG-10-851 17,780E 128.0 149.0 21.0 1.89 1.89 flow
----------------------------------------------------
Upper
massive
(Calcite Zone) 214.0 226.0 12.0 4.34 2.13 flow
----------------------------------------------------
Inc. 214.0 215.0 1.0 46.62 20.00
----------------------------------------------------
257.0 264.0 7.0 1.29 1.29
----------------------------------------------------
274.0 282.0 8.0 2.20 2.20
----------------------------------------------------
Lower
massive
402.0 409.0 7.0 5.87 3.07 flow
----------------------------------------------------
Inc. 405.0 406.0 1.0 39.62 20.00
----------------------------------------------------
536.1 543.0 6.9 1.93 1.93
----------------------------------------------------
Lower
massive
551.0 571.0 20.0 1.28 1.28 flow
----------------------------------------------------------------------------
DG-10-852 17,700E 66.0 73.0 7.0 1.67 1.67
----------------------------------------------------
(Calcite Zone) 146.0 157.5 11.5 1.05 1.05
----------------------------------------------------
259.0 266.0 7.0 1.31 1.31
----------------------------------------------------
Lower
massive
465.0 496.5 31.5 2.56 2.24 flow
----------------------------------------------------
Inc. 467.0 468.0 1.0 30.29 20.00
----------------------------------------------------------------------------
DG-10-853 18,060E 259.0 266.0 7.0 1.03 1.03
----------------------------------------------------
Upper
massive
(Calcite Zone) 360.0 380.0 20.0 1.33 1.33 flow
----------------------------------------------------
401.0 414.0 13.0 0.92 0.92
----------------------------------------------------
Lower
pillow
430.0 444.0 14.0 3.07 3.07 flow
----------------------------------------------------
459.0 466.0 7.0 1.90 1.90
----------------------------------------------------
494.0 502.0 8.0 1.11 1.11
----------------------------------------------------
Lower
massive
556.5 606.0 49.5 1.64 1.64 flow
----------------------------------------------------------------------------
Upper
pillow
DG-10-854 17,620E 27.5 40.0 12.5 6.12 2.59 flow
----------------------------------------------------
(Calcite Zone) Inc. 27.5 28.0 0.5 42.41 20.00
----------------------------------------------------
Inc. 39.0 40.0 1.0 52.99 20.00
----------------------------------------------------
153.0 165.0 12.0 1.32 1.32
----------------------------------------------------
Upper
pillow
275.0 308.0 33.0 4.19 2.18 flow
----------------------------------------------------
Inc. 300.5 301.2 0.7 76.31 20.00
----------------------------------------------------
Inc. 303.5 304.0 0.5 22.80 20.00
----------------------------------------------------
Inc. 304.0 304.5 0.5 71.17 20.00
----------------------------------------------------
324.0 333.0 9.0 1.06 1.06
----------------------------------------------------
349.0 361.0 12.0 1.17 1.17
----------------------------------------------------
420.0 432.0 12.0 1.21 1.21
----------------------------------------------------------------------------
DG-10-855 17,700E 42.0 50.0 8.0 1.65 1.65
----------------------------------------------------
(Calcite Zone) 245.5 252.5 7.0 1.46 1.46
----------------------------------------------------
273.0 280.0 7.0 1.63 1.57
----------------------------------------------------
Inc. 278.8 279.3 0.5 20.84 20.00
----------------------------------------------------
351.0 358.0 7.0 1.17 1.17
----------------------------------------------------
Contact
615.0 658.8 43.8 4.17 2.62 SLDZ/MF
----------------------------------------------------
Inc. 619.2 619.7 0.5 63.31 20.00
----------------------------------------------------
Inc. 643.0 643.5 0.5 94.84 20.00
----------------------------------------------------
Inc. 646.5 647.0 0.5 30.70 20.00
----------------------------------------------------
Inc. 653.4 653.9 0.5 26.42 20.00
----------------------------------------------------------------------------
Upper
pillow
DG-10-856 17,980E 201.0 210.0 9.0 4.63 3.49 flow
----------------------------------------------------
(Calcite Zone) Inc. 201.0 202.0 1.0 30.28 20.00
----------------------------------------------------
247.5 255.0 7.5 1.98 1.98
----------------------------------------------------
274.0 281.0 7.0 1.13 1.13
----------------------------------------------------
459.0 466.0 7.0 1.18 1.18
----------------------------------------------------
518.0 525.0 7.0 1.12 1.12
----------------------------------------------------
605.0 622.0 17.0 0.72 0.72
----------------------------------------------------
641.0 648.0 7.0 1.00 1.00
----------------------------------------------------------------------------
DG-10-857 17,940E 260.0 269.0 9.0 1.56 1.56
----------------------------------------------------
(Calcite Zone) 315.0 322.0 7.0 2.04 2.04
----------------------------------------------------------------------------
DG-10-859 17,620E 63.0 78.0 15.0 1.54 1.54
----------------------------------------------------
Upper
massive
(Calcite Zone) 205.0 212.0 7.0 4.83 3.85 flow
----------------------------------------------------
Inc. 206.0 207.0 1.0 26.84 20.00
----------------------------------------------------
324.0 332.0 8.0 1.18 1.18
----------------------------------------------------
359.0 366.0 7.0 1.69 1.69
----------------------------------------------------
388.0 399.0 11.0 2.21 1.87
----------------------------------------------------
Inc. 388.5 389.0 0.5 27.43 20.00
----------------------------------------------------
Upper
massive
424.0 441.5 17.5 3.76 1.77 flow
----------------------------------------------------
Inc. 424.5 425.0 0.5 89.81 20.00
----------------------------------------------------
493.0 501.0 8.0 1.89 1.89
----------------------------------------------------
525.0 532.0 7.0 1.87 1.87
----------------------------------------------------------------------------
DG-10-860 17,940E Abandoned at 45 m. Not sampled.
----------------------------------------------------
(Calcite Zone)
----------------------------------------------------------------------------
DG-10-860A 17,940E 64.0 71.7 7.7 1.21 1.21
----------------------------------------------------
(Calcite Zone) 141.0 149.0 8.0 1.70 1.70
----------------------------------------------------
Lower
massive
380.7 396.0 15.3 1.65 1.45 flow
----------------------------------------------------
Inc. 381.2 381.7 0.5 25.91 20.00
----------------------------------------------------
409.0 424.0 15.0 1.10 1.10
----------------------------------------------------------------------------
DG-10-861 17,620E Abandoned at 39 m. Not sampled.
----------------------------------------------------
(Calcite Zone)
----------------------------------------------------------------------------
DG-10-861A 17,620E Abandoned at 327.8 m.
----------------------------------------------------
Upper
massive
(Calcite Zone) 92.0 102.0 10.0 4.65 2.62 flow
----------------------------------------------------
Inc. 94.0 95.0 1.0 40.27 20.00
----------------------------------------------------
119.0 129.0 10.0 1.16 1.16
----------------------------------------------------
206.0 214.0 8.0 2.46 2.46
----------------------------------------------------------------------------
DG-10-861B 17,620E Wedge from 318-450 m.
----------------------------------------------------
(Calcite Zone) 336.0 344.0 8.0 1.26 1.26
----------------------------------------------------
386.0 393.0 7.0 1.22 1.22
----------------------------------------------------
428.0 441.0 13.0 0.69 0.69
----------------------------------------------------------------------------
DG-10-863 17,940E 144.0 153.0 9.0 1.19 1.19
----------------------------------------------------
(Calcite Zone) 204.0 213.5 9.5 1.05 1.05
----------------------------------------------------
224.4 232.1 7.7 1.57 1.57
----------------------------------------------------
330.0 348.0 18.0 1.33 1.33
----------------------------------------------------------------------------
DG-10-865 17,980E 205.0 212.0 7.0 1.53 1.53
----------------------------------------------------
Upper
pillow
(Calcite Zone) 287.0 300.0 13.0 2.92 2.91 flow
----------------------------------------------------
Inc. 292.0 293.0 1.0 20.13 20.00
----------------------------------------------------
349.0 356.0 7.0 1.66 1.66
----------------------------------------------------
Upper
massive
369.0 381.0 12.0 4.00 1.91 flow
----------------------------------------------------
Inc. 378.0 378.5 0.5 70.10 20.00
----------------------------------------------------
Lower
pillow
408.0 415.0 7.0 4.88 2.93 flow
----------------------------------------------------
Inc. 408.8 409.3 0.5 47.29 20.00
----------------------------------------------------
447.0 459.0 12.0 1.49 1.49
----------------------------------------------------
480.5 488.0 7.5 2.27 2.27
----------------------------------------------------
521.0 530.5 9.5 2.01 1.99
----------------------------------------------------
Inc. 530.0 530.5 0.5 20.36 20.00
----------------------------------------------------
558.0 569.0 11.0 0.75 0.75
----------------------------------------------------------------------------
DG-10-866 17,620E 79.0 87.0 8.0 1.06 1.06
----------------------------------------------------
Upper
pillow
(Calcite Zone) 188.0 195.0 7.0 5.77 1.57 flow
----------------------------------------------------
Inc. 192.1 192.6 0.5 78.84 20.00
----------------------------------------------------
Upper
pillow
258.0 279.0 21.0 2.01 1.61 flow
----------------------------------------------------
Inc. 264.0 265.0 1.0 28.50 20.00
----------------------------------------------------
330.0 345.5 15.5 0.65 0.65
----------------------------------------------------
Upper
pillow
397.0 423.0 26.0 4.17 3.12 flow
----------------------------------------------------
Inc. 422.0 423.0 1.0 47.30 20.00
----------------------------------------------------
Upper
pillow
434.0 441.8 7.8 21.60 5.90 flow
----------------------------------------------------
Inc. 437.1 437.6 0.5 248.77 20.00
----------------------------------------------------
Inc. 441.0 441.8 0.8 30.10 20.00
----------------------------------------------------
448.0 455.5 7.5 2.54 2.54
----------------------------------------------------
Upper
pillow
462.5 481.6 19.1 6.07 2.20 flow
----------------------------------------------------
Inc. 475.0 475.5 0.5 155.16 20.00
----------------------------------------------------
Inc. 476.5 477.0 0.5 32.70 20.00
----------------------------------------------------
Upper
massive
546.5 567.0 20.5 3.11 2.58 flow
----------------------------------------------------
Inc. 566.0 567.0 1.0 30.90 20.00
----------------------------------------------------
570.0 580.0 10.0 0.74 0.74
----------------------------------------------------
Lower
pillow
600.0 624.0 24.0 2.99 2.16 flow
----------------------------------------------------
Inc. 614.0 614.5 0.5 60.01 20.00
----------------------------------------------------
638.0 651.0 13.0 1.28 1.28
----------------------------------------------------------------------------
DG-10-867 17,940E 281.0 301.0 20.0 1.16 1.16
----------------------------------------------------
Contact
(Calcite Zone) 335.0 373.0 38.0 1.39 1.19 PF/MF
----------------------------------------------------
Inc. 335.0 336.0 1.0 27.80 20.00
----------------------------------------------------
Upper
massive
386.0 412.0 26.0 1.30 1.30 flow
----------------------------------------------------
456.0 467.0 11.0 2.01 2.01
----------------------------------------------------
526.0 542.0 16.0 0.90 0.90
----------------------------------------------------
----------------------------------------------------------------------------
DGER-08-352 19,300E Extension hole from 453-826 m.
----------------------------------------------------
Lower
massive
(West Pit) 707.0 715.0 8.0 3.65 3.32 flow
----------------------------------------------------
Inc. 711.0 712.0 1.0 22.59 20.00
----------------------------------------------------------------------------
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.
Contacts:
Detour Gold Corporation
Gerald Panneton
President and CEO
(416) 304.0800
Detour Gold Corporation
Laurie Gaborit
Director Investor Relations
(416) 304.0581