Detour Gold Corporation (TSX: DGC) is a Canadian intermediate gold producer. The Company owns and operates the Detour Lake mine, a long life large-scale open pit operation in the mining-friendly jurisdiction of northern Ontario. Currently, Detour Lake is one of the largest gold producing mines in Canada with reserves of over 16 million ounces of gold.
Detour Gold is in a position to deliver superior returns with its growing cash flow profile, organic growth initiatives, and significant potential for further exploration discoveries on its large land package.
The Company is dedicated to responsible mining and to the highest safety and environment standards while having a strong commitment to the communities we operate and live in.
|MID-TIER GOLD PRODUCER
||In 2016, the Detour Lake mine is expected to produce between 525,000 to 545,000 ounces of gold at all-in sustaining costs of US$970-$1,020/oz sold.
Detour Gold is a Canadian gold company focused on bringing its 100% controlled Detour Lake gold mine to full production levels.
||Detour Gold has the largest gold reserves among the producing Canadian gold mines with 16.4 million ounces of gold.
| ORGANIC GROWTH
||Detour Gold's near-term strategic growth plan is based on pursuing internal growth opportunities that will enhance the production profile and further reduce total cash costs. Further exploration discoveries on the Company's 625 km2 highly prospective exploration package could potentially provide significant growth opportunities.