1. 1
CANADA’S INTERMEDIATE GOLD
PRODUCER
Goldman Sachs Global Metals & Mining Conference, New York
November 19-20, 2014

2. 2
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 Detour Gold’s future financial or operating performance; guidance for production, total cash costs, capital costs, exploration costs; expected throughput, mining and recovery rates; expected future production and mining activities; opportunities to optimize the mine operation; the updated mine plan and economic analysis of the Detour Lake mine including, but not limited to, the life of mine plan, the waste to ore ratio, processing and production rates, grades, metallurgical recovery rates, operating and sustaining capital costs, and the projected life of mine, opportunities to optimize the mine operation; the success and continuation of exploration activities, the future price of gold, reclamation obligations, 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 update 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 section entitled “Description of Business - Risk Factors” in Detour Gold’s 2013 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 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.

3. 3
Notes to Investors
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.
On February 4, 2014, Detour Gold announced an updated life of mine plan for the Detour Lake mine. The NI 43-101 compliant Technical Report for this update was filed on SEDAR on February 4, 2014. The following QPs participated in this update: BBA Inc., under the direction of André Allaire, Eng., Acting President and CEO and Patrice Live, Eng., Director Mining; SGS Canada Inc., under the direction of Yann Camus, Eng., Project Engineer, and Maxime Dupéré, P.Geo., Senior Geologist; and AMEC Environment & Infrastructure, a Division of AMEC Americas Limited, David G. Ritchie M.Eng., P.Eng, Senior Associate Geotechnical Engineer and Geotechnical Engineering Group Manager.
The scientific and technical content of this presentation has been reviewed, verified and approved by Drew Anwyll, P.Eng., Vice President of Operations, a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for Mineral Projects”.
Information Containing Estimates of Mineral Reserves and Resources
Non-IFRS Financial Performance Measures
The Company has included “Total cash cost per gold ounce sold (TCC)” and “Adjusted net loss” in this presentation which are non-IFRS measures. 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 and its ability to generate operating earnings and cash flow from its mining operations. Refer to the MD&A of June 30, 2014 or relevant period for reconciliation of these measures.
Detour Gold reports total cash costs on a sales basis. Total cash costs per gold ounce sold include production costs such as mining, processing, refining, site administration, costs associated with providing royalty in-kind ounces, and costs for agreements with Aboriginal communities, but are exclusive of depreciation and depletion, reclamation, non-cash share-based compensation and deferred stripping. Total cash costs are reduced by silver sales and divided by gold ounces sold to arrive at total cash costs per gold ounce sold. Further details regarding total cash costs per gold ounce sold and a reconciliation to the nearest IFRS measures are provided in our MD&A accompanying our financial statements filed on www.sedar.com. Total cash costs plus capex per gold ounce sold includes TCC plus sustaining capital and deferred stripping divided by gold ounces sold. These 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 this measure differently.

4. 4
Low-risk, safe mining jurisdiction
Large reserve base, long mine life
Annual production of +600,000 oz for next 10 years
Cash flow growth following ramp-up completion
Production growth opportunities
Unique Investment Opportunity
15.5
M OZ GOLD
in reserves
21
+
YEAR
mine life
Intermediate Canadian Gold Producer

5. 5
Complete ramp-up of Detour Lake
Reach mill design capacity
Further increase mine output Improve balance sheet
Increase flexibility of short-term debt
Price protection during ramp-up
Debt reduction
Preserve cash Start evaluation of ‘next’ production growth opportunities
2014 Key Focus
On track for year-end
Stronger balance sheet at year-end
Successful preliminary results

6. 6
$1,214
$1,174
$976
$941
$941
$0
$300
$600
$900
$1,200
$1,500
Q3’132
Q4’13
Q3’14
Q1’14
Q2’14
76
82
107
117
115
0
30
60
90
120
Outlook After First 9 Months
Gold Production (‘000 oz)
Q3’132
Q4’13
Q2’14
Q1’14
Total Cash Costs ($/oz sold)1
1.Refer to the section on Non-IFRS Performance Measures on slide 3. Reconciliation of these measures is described in the MD&A for the third quarter ended September 30, 2014.
2.Commercial production declared on September 1, 2013. TCC reported is for the month of September 2013.
Q3’14
On track to meet production and total cash cost guidance for 2014
›450,000-480,000 oz at total cash costs of US$900-975/oz sold1
Mill operation significantly de-risked: confident in exiting year at throughput rates of 55,000 tpd
Capital on budget
Target of US$60 M in total debt repayments
Yr to date: 339,865 oz

7. 7
Q3 2014 Financial Results
Key Financial Statistics (US$ M, unless noted)
Q3’14
Revenues
$136.2
Production costs
$100.6
Depreciation & depletion
$37.3
Loss from mine operations
$1.7
Cash provided by operations
$47.8
Net loss/Adjusted net loss1
$0.8 / $16.5
Net loss & Adjusted net loss per share1
$0.00 / $0.10
Cash & short-term investments
$138.8
1.Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation.
Price protection during ramp-up
At September 30, 2014: 55,000 oz of gold hedged at an average price of US$1,291/oz for gold sales from October to December 2014

8. 8
Q3 2014 Operating Results
0
1
2
3
4
5
Q3'13
Q4'13
Q1'14
Q2'14
Q3'14
1.0
0.8
0.2
0.0
0.4
0.6
Tonnes Milled (Mt)
Q3’13
Q4’13
Q1’13
Q3’14 1’14
Q2’14
85
92
91
91
Mill production
Head Grade (g/t Au)
Recovery %
0.88
G/T GOLD
head grade
4.53
MILLION
tonnes milled
90
% GOLD
recovery
Q3’14 Performance:
Gold production of 115,344 ounces
4.5 Mt of ore processed: 75% direct feed and 25% ROM stockpiles
Head grade of 0.88 g/t, consistent with model projections
Recovery rates at 90%
Dilution averaged 6.7%
90

9. 9
Q3 2014 Operating Results - Mine
Q3’14 Performance:
Total of 18.9 Mt mined (206,000 tpd)
4.2 Mt ore mined; strip ratio 3.5
Shortfall in mining rates due to:
›Low drilling productivity and delays in explosive loading impacting shovel utilization
›Lower than planned shovel availability (81% versus 85% target)
Stockpiles = 0.9 Mt @ 0.73 g/t at Q3-end
Southwall pushback and old infrastructure removal completed
Q1-Q3’14:
16.5 Mt of overburden/till removal (+95% of 2014 program)

10. 10
Q4 2014 Focus - Mine
Focus #1 improve mining rates:
Improving training and QA/QC to increase drilling productivity and efficiencies
Improving delivery and loading of explosives
Increasing support in the areas of planning and maintenance for the mining fleet
De-stacking benches to the south & east to expose larger mine faces
Result is larger in-pit blasted inventory, improved shovel allocation and productivity = more tonnes mined per day
2014: total tonnage expected to range between 75 Mt and 77 Mt (versus target of 82 Mt)

11. 11
Q3 2014 Operating Results - Mill
Q3’14 Performance:
Throughput rates averaging 49,186 tpd
Availability at 81%, impacted mainly by unplanned replacement of SAG pulp lifter in early July
Plant stabilizing with modifications to 410 conveyor in mid-August:
›Average of 57,020 tpd with 91% availability over 55 days (up to mid- October planned shutdown)
Recovery rates as planned, gravity recovery at 21%
Throughput (Ktpd)
0
10
20
30
40
50
Q3'13
Q4'13
Q1'14
Q2'14
Q3'14
Availability % 1
Q3’13
Q4’13
Q1’14
Q3’14
Q2’14
Mill productivity
81
83
80
66
78
1.Availability = capital utilization.

12. 12
Q4 2014 Focus - Mill
Focus #1 improve availability:
Final major planned shutdown took place in mid-October:
›Primary crusher bowl and mantle change
›SAG and ball mills liner change
›Pre-leach thickener inspection and by-pass system installation and test
Aiming for high 80s by year-end
Exit 2014 at design rate of 55,000 tpd
Q4’14: Move to final phase of maintenance improvement plan – mobile maintenance

13. 13
Q3 2014 Operating Results - Costs
Q3’14
YTD’14
Gold oz sold
106,334
298,100
TCC/oz sold1
US$941
US$951
1.Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation. Reconciliation of these measures is described in the MD&A for the corresponding period.
Unit Costs
Q3’14
YTD’14
Mining (C$/t mined)
$2.98
$2.88
Processing (C$/t milled)
$9.70
$10.67
G&A (C$/t milled)
$3.25
$3.46
Q3 Progress:
Higher mining costs due to
›shortfall in total tonnes mined
Lower milling costs due to
›Lower electricity charges Outlook:
Downward trend expected with throughput and production increases and increased efficiencies

14. 14
Detour Lake Open Pit
Q4’14: Working towards a step-up phase to improve mining rates
September 17, 2014

15. 15
2014 Capital Expenditures
(US$ M)
Q3’14
YTD’14
Tailings facility (TMA)
$ 16.5
$ 27.9
Mill
4.5
7.4
Mine
11.8
39.3
Other
2.9
5.6
Sustaining expenditures1
$ 35.7
$ 80.1
Deferred stripping
$ 5.6
$ 20.7
1.$22.3 M incurred in 2013 and includes payment of C$2.5 M to NAC.
Initial budget holding
Majority of TMA construction activities completed

16. 16
CN detox operational and 2nd oxygen plant ready in January 2015
Current Status
Near-term Opportunities (2-5 yrs)
1
Increase throughput to 61,000 tpd for 2017
Starts in 2014 with installation of 1 cyanide (CN) detox tank and 1 additional oxygen plant
2
Block A Project
Bring to pre-feasibility study for reserve definition
In progress
3
Pebble Circuit Removal
Pebbles appear to be barren
Pebble extractor prototype being designed
4
Low-grade material (not in reserves)
Segregation of fines
Heap leach
Positive test results for both
5
Increase exploration activities On 630 km2 prospective property
Planning in progress

17. 17
Near-term Opportunities (2-5 yrs)
Segregation of fines:
Positive results from first 200,000 tonnes test
›Grade of 0.65 g/t (approx. 45% higher than avg. grade of SP)
›Processed at 68,000 tpd
Pebble Circuit Removal:
Test results show high variability in gold content of the pebbles but a large portion is barren
Initiated design of an ON/OFF pebble extractor
Low-grade stockpile (avg. grade 0.44 g/t)
Natural segregation of fines from unloading truck
Mobile feeder
To stacker unit

18. 18
Ramp-up completion by year-end
Guidance and details for 2015 to be disclosed in January
›2015 mine plan selection to be based on the improvement made in mining rates for remainder of 2014
›Upside for 2015 mine plan seen with processing of the ‘fines’ from low- grade stockpile and commissioning of the pebble extractor prototype
Review of next 5 years and LOM plan with the main objective of reducing sustaining capital.
Future Catalysts
Focus on ‘Quality’ Ounces

19. 19
ADDITIONAL information
Analyst Coverage
Shareholder Information
Corporate Responsibility
Debt Repayment Schedule
Near-term Opportunities: Exploration
Exploration Focus: Lower Detour
LOM Summary
LOM Gold Production/Cost Profile
LOM Operating Costs & Capex
Management & Directors
Contact Information

20. 20
Initiating Research
Firm
Analyst
Target Price at November 17, 2014
07.06.11
Haywood
Kerry Smith
$13.50
07.07.09
Paradigm
Don Blyth/Don MacLean
$14.50
07.08.07
Raymond James
Phil Russo
$18.00
07.11.26
National Bank
Steve Parsons
$12.00
07.12.20
Macquarie
Mike Siperco
$18.00
08.01.14
Canaccord
Rahul Paul
$11.00
08.07.14
TD
Dan Earle
$15.00
08.09.04
RBC
Dan Rollins
$13.00
08.11.06
BMO NB
Brian Quast
$12.00
09.06.17
Laurentian
Eric Lemieux (left firm)
Under review
10.05.19
CIBC World Markets
Cosmos Chiu
$13.00
10.07.22
Credit Suisse
Anita Soni
$10.00
13.04.16
Scotiabank
Trevor Turnbull
$17.00
13.08.14
Desjardins
Michael Parkin
$13.50
13.11.12
Beacon Securities
Michael Curran
$12.50
13.12.09
GMP Securities
Ian Parkinson
$13.50
14.02.06
Cormark Securities
Richard Gray/Tyron Breytenbach
$18.75
14.04.22
Goldman Sachs
Andrew Quail
$10.00
14.06.17
Dundee Capital Markets
Joseph Fazzini
$ 9.50
14.09.03
Morgan Stanley
Brad Humphrey
$11.90
Average target
C$13.51
Analyst Coverage (20)

21. 21
Shareholder Information
Paulson & Co.
>80%
INSTITUTIONS TOTAL
10.3 M
Share options
13.0 M
Convertible notes 1
181.1 M
FULLY DILUTED
157.8 M
Issued & outstanding
Share Structure (03/31/2014)
Top Shareholders
1. Conversion price for the Notes is US$38.50.
2. Cash and short-term investments at September 30, 2014.
14%
C$1.4
BILLION
market cap
US$138.8
MILLION
cash position2
Share Structure (October 31, 2014)
Top Shareholders

22. 22
Focus on health and safety of our employees, the well-being of our community and the protection of the natural environment
Hiring in the region, giving priority to local Aboriginal communities:
692 full-time employees*
92% of workforce from region
24% are Aboriginals
Scholarship and job training
Supporting local communities
Business opportunities
Corporate philanthropy
Participation in municipal development
Northern Ontario
41%
Cochrane
21%
Cochrane Area
30%
Rest of Ontario
5%
3%
Other
Corporate Responsibility
WORKFORCE ORIGIN
* At October 31, 2014. Excludes corporate office at 36 full-time employees.

23. 23
Debt Repayment Schedule
At September 30, 2014
Revolving Credit Facility (1)
CAT Finance Lease
Convertible Notes
Face Value
US$30 M (1)
US$150 M
US$500 M
Maturity
March 2016
Jan 2017-Dec 2018 (2)
November 30, 2017
Interest Rate
LIBOR + 3%
LIBOR + 4%
5.5%
Payable
Monthly
Quarterly
Semi-annually
Conversion Price
n/a
n/a
$38.50
Payment schedule
Principal
Principal + Interest
Principal
Interest
Total (US$ M)
2014 (remaining)
-
$0.0
-
$13.8
$13.8
2015
-
$34.7
-
$27.5
$62.2
2016
$30
$32.7
-
$27.5
$90.2
2017
-
$35.8
$500
$27.5
$563.3
Thereafter
-
$7.2
-
-
$7.2
Total
$30
$110.4
$500
$96.3
$736.7
1.The Revolving Credit Facility provides for borrowings of up to C$90 M and is subject to a completion test prior to May 31, 2015.
2.Includes multiple leases with maturities of 5 yrs from lease date.

24. 24
Priority Target: Lower Detour area
Lower Detour area approx. 6-7 km south of mill
Structural complexity: number of shear zones sub-parallel and splaying from LDDZ
Several gold mineralization styles encountered
2014 exploration program results:
Mineralization extends for 450 metres
High-grade gold intercepts in altered feldspar porphyry intrusive containing quartz and/or quartz/tourmaline veins
Results suggest that grade and continuity may improve at depth
Near-term Opportunities: Exploration

25. 25
Lower Detour Area
15.5 M oz in Reserves
630 km2
Exploration Focus: Lower Detour
2.0 M oz in Block A Resource

26. 26
Lower Detour Area: 14,874 m of drilling completed in 2014
A
B
C
A’
B’
C’
Exploration Focus: Lower Detour

27. 27
LOM Plan1
02/2014 Update
Proven & Probable Reserves (M oz)2
15.5
Gold grade (g/t)
1.02
Strip ratio (waste:ore)
3.5
Estimated gold recovery (%)
92
Mine life (years)
21.7
Annual gold production (oz)
660,000
Total cash costs (TCC) (C$/oz sold)3
$723
Sustaining capital (C$ billion)
$1.14
TCC3+ capex (C$/oz sold)
$848
LOM Summary
Main objective: Optimize first 5 years
1.As per NI 43-101 compliant Technical Report dated February 4, 2014.
2.Estimated using a gold price of US$1,000/oz. Includes stockpiles as of December 31, 2013.
3.Refer to the section on Non-IFRS Performance Measures on slide 3. Capex = sustaining capital expenditures + deferred stripping.

28. 28
TCC1 (C$/oz sold)
800
700
600
500
400
300
200
100
0
Gold Production
(‘000 oz)
LOM Gold Production/Cost Profile
900
850
800
750
700
650
600
550
500
598,000 oz C$759/oz
0.96 g/t
596,000 oz C$762/oz 0.91 g/t
659,000 oz C$778/oz
1.00 g/t
765,000 oz C$639/oz
1.16 g/t
1.Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation.
2014 Guidance
450,000-480,000 oz
US$900-975/oz sold1

29. 29
LOM Operating Costs1
C$/t milled
C$/t mined
C$/oz sold 2
Mining costs
11.55
2.56
392
Processing costs
7.82
266
G&A
2.44
83
Total cash operating costs
21.81
741
Other adjustments 3
(18)
Total cash costs
723
29
LOM Operating Costs & Capex
1.As per NI 43-101 compliant Technical Report dated February 4, 2014.
2.Refer to the section on Non-IFRS Financial Performance Measures on slide 3 of this presentation.
3.Other adjustments include costs for deferred stripping, agreements with Aboriginal communities, refining charges and are net of silver by-product credits.
Capex1 (C$ M)
5 yrs: 2014 -2018
LOM
Mining
168
535
Process Plant
71
126
TMA
203
454
G&A
14
28
Total
456
1,143
Deferred Stripping
225
614
Mine Closure
70
Higher capital in first 5 years:
Ramp-up to 38 trucks
Complete plant de- bottlenecking exercise
Prepare TMA foundation for 2nd and 3rd cell

30. 30
Michael Kenyon Executive Chairman
Paul Martin President and CEO
Pierre Beaudoin COO
James Mavor CFO
Julie Galloway Sr VP General Counsel & Corporate Secretary
Derek Teevan Sr VP Corporate & Aboriginal Affairs
Drew Anwyll VP Operations
Pat Donovan VP Corporate Development
Jean-Francois Metail VP Reserves and Resources
Rachel Pineault VP HR & Aboriginal Affairs
James Robertson VP Environment & Sustainability
Charles Hennessey General Manager Operations
Andrew Croal Director Technical Services
Laurie Gaborit Director Investor Relations
Alberto Heredia Controller
Bill Snelling Director Corporate Systems & Controls
Rickardo Welyhorsky Director Mineral Processing
Peter Crossgrove
Lisa Colnett
Louis Dionne
Robert E. Doyle
Alex G. Morrison
Jonathan Rubenstein
Graham Wozniak
André Falzon
Ingrid Hibbard
Michael Kenyon
Paul Martin
Management & Directors
Management
Directors

31. 31
Laurie Gaborit Director Investor Relations Email: lgaborit@detourgold.com Phone: 416.304.0581
Paul Martin President and Chief Executive Officer Email: pmartin@detourgold.com Phone: 416.304.0800
www.detourgold.com
Contact Information