Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the
"Company") is pleased to announce that effective March 22, 2010, the
Company will be included in the S&P/TSX Global Mining Index and the
Global Gold Index, which are leading benchmarks of the global gold and
mining industry sectors.
Gerald Panneton, President and CEO of Detour Gold, commented: "We are
very pleased to be included on the S&P/TSX Global Mining and Global
Gold Indices. Our inclusion highlights the significant growth that
Detour Gold has delivered to its shareholders since our IPO in January
2007. The next significant milestone for the Company is the delivery of
the feasibility study for the second quarter of 2010."
About Detour Gold
Detour Gold is a Canadian gold exploration and development company whose
primary focus is to advance the development of its flagship Detour Lake
gold project located in northeastern Ontario towards production.
or further information, please contact:
Gerald Panneton, President and CEO
Tel: (416) 304.0800
Laurie Gaborit, Director Investor Relations
Tel: (416) 304.0581
Detour Gold Corporation, Royal Bank Plaza, North Tower, 200 Bay Street,
Suite 2040, 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 advancement of the
Detour Lake project and the release of the feasibility study results.
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 Project; the supply and demand for, and the level and
volatility of the price of, gold; 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 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.
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