NEWSDetour Gold Reports Drill Results from its Detour Lake Gold Project in Ontario
(2.26 g/t/ 86.0 m & 2.36 g/t/ 75.0 m in Calcite Zone)
TORONTO, ONTARIO, Aug 19, 2009 (MARKETWIRE via COMTEX News Network) --
Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") is pleased to report assay results for an additional 35 holes totaling 16,655 metres (including 9 holes abandoned for 2,451 metres) from its 2009 infill diamond drilling program at the Detour Lake project in northern Ontario. Thus far in 2009, the Company has completed 63,557 metres of drilling of the budgeted 95,000 metres to complete the 40 metre by 40 metre drill spacing up to section 18,000E (west end of Calcite Zone). Six drill rigs are currently active on site.
The Company obtained encouraging results from seven drill holes in the Calcite Zone. The best intercepts were encountered on section 18,500E (within the current US$700 pit shell used for the mineral resource estimate of July 2008), with 2.26 g/t (uncut) or 2.12 g/t (cut) over 86 metres in hole DG-09-687 and 2.36 g/t (uncut) or 2.11 g/t (cut) over 75 metres in hole DG-09-691.
In the centre of the deposit (from 18,840E to 19,160E, referred to as the Gap Zone), ten of the 12 holes (including one wedge) that tested the hanging wall zone up to 600 metres returned isolated intersections outside of the 200 to 300 metre mineralized corridor. In the core of the mineralized corridor, hole DG-09-670 intersected 4.56 g/t (uncut) or 3.15 g/t (cut) over 27.2 metres at a vertical depth of approximately 470 metres.
Results from nine infill holes completed west of the former open pit continued to show good continuity of the gold mineralization in the core of the mineralized corridor. Of significance, holes DG-09-692 and DG-09-692 A intersected 1.60 g/t (uncut) or 0.91 g/t (cut) over 39.3 metres and 1.51 g/t over 26.8 metres, respectively, on section 19,560E. Both holes hit the same underground working (stope) at bottom of the mineralized intercept. Hole DG-09-676 on section 19,360E intersected 2.29 g/t over 35.0 metres.
Gold mineralization was intersected in six of the seven holes targeting the Footwall Zone of the Sunday Lake Deformation Zone (SLDZ) within the current US$700 pit shell. Several holes hit underground workings. Significant intersections included 2.98 g/t over 12.0 metres in hole DG-09-680 on section 19,880E and 1.11 g/t over 37.0 metres in hole DG-09-678 on section 19,800E.
Significant mineralized (uncut) intervals encountered are shown below.
Calcite Zone
------------
DG-09-677 DG-09-679 DG-09-682 DG-09-687
--------- --------- --------- ---------
4.14 g/t 2.58 g/t over 23.0 m 3.71 g/t over 28.0 m 2.26 g/t over 86.0 m
over 13.0 m 5.11 g/t over 13.0 m 9.31 g/t over 8.0 m
DG-09-691
---------
2.36 g/t over 75.0 m
Gap Zone
--------
DG-09-670
----------
4.56 g/t over 27.2 m
West Pit
--------
DG-09-674 DG-09-676 DG-09-692
--------- --------- ---------
3.47 g/t over 20.5 m 2.29 g/t over 35.0 m 1.60 g/t over 39.3 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 https://www.detourgold.com/s/LatestDrillResults.asp or on the home page "Explore Detour Lake".
Detour Gold's delineation program is being managed by Project Manager, Mr. Roger Aubertin, P.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.
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: Detour Gold's intent to advance the Detour Lake Project towards the development stage, including the timing for completion of a pre-feasibility study and a feasibility study on the Detour Lake gold project and the impact of the results on the final pit design for the pre-feasibility study. 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 Detour Lake Project; the supply and demand for, and the level and volatility of the price of, gold; the accuracy of resource estimates and the assumptions on which the 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.
Detour Lake Project - Highlights of Drill Results
----------------------------------------------------------------------------
Hole No. Section From To Length Au Au Cut Host Rock Unit
No. (m) (m) (m) Uncut to 20 g/t
(g/t) (g/t)
----------------------------------------------------------------------------
DG-09-663 18,880E 137.0 159.0 22.0 1.27 1.27 Upper Pillow
(Gap Zone) Flow
----------------------------------------------------------
290.0 299.0 9.0 0.92 0.92
----------------------------------------------------------
307.0 314.0 7.0 1.51 1.51
----------------------------------------------------------
367.0 375.0 8.0 1.59 1.59
----------------------------------------------------------
407.0 418.0 11.0 1.62 1.62
----------------------------------------------------------
427.0 437.5 10.5 1.35 1.35
----------------------------------------------------------
452.0 459.0 7.0 2.47 2.47
----------------------------------------------------------
493.0 511.7 18.7 1.64 1.11 Lower Pillow
Flow
----------------------------------------------------------
Inc. 511.2 511.7 0.5 39.56 20.00
----------------------------------------------------------
554.0 576.0 22.0 2.12 2.12 Contact Lower
MF/PF
----------------------------------------------------------------------------
DG-09-664 18,880E 232.0 239.0 7.0 3.34 2.94
(Gap Zone) ----------------------------------------------------------
Inc. 233.0 234.0 1.0 22.80 20.00
----------------------------------------------------------
251.0 258.0 7.0 2.86 2.86
----------------------------------------------------------
310.0 327.0 17.0 1.13 1.13
----------------------------------------------------------------------------
DG-09-665 18,840E Hit drift at 639 m; hole abandoned.
(Gap Zone) ----------------------------------------------------------
263.0 270.0 7.0 2.53 2.53
----------------------------------------------------------
312.0 319.0 7.0 4.10 3.35 Upper Pillow
Flow
----------------------------------------------------------
Inc. 314.5 315.0 0.5 30.37 20.00
---------------------------------------------------------- 342.0 350.0 8.0 3.76 2.57 Upper Massive
Flow
----------------------------------------------------------
Inc. 348.0 348.5 0.5 38.92 20.00
----------------------------------------------------------
367.0 374.0 7.0 1.20 1.20
----------------------------------------------------------------------------
DG-09-665A 18,840E Wedged at 546.0 m; Hit same drift at 585.0 m; hole
(Gap Zone) abandoned. No significant results.
----------------------------------------------------------------------------
DG-09-666 19,120E 12.5 28.0 15.5 1.64 1.64 Upper Pillow
(Gap Zone) Flow
----------------------------------------------------------
53.0 76.0 23.0 0.74 0.74
----------------------------------------------------------
124.0 131.0 7.0 1.07 1.07
----------------------------------------------------------
194.0 211.0 17.0 2.68 2.24 Upper Pillow
Flow
----------------------------------------------------------
Inc. 210.0 211.0 1.0 27.50 20.00
----------------------------------------------------------
321.0 336.0 15.0 1.73 1.46 Lower Pillow
Flow
----------------------------------------------------------
Inc. 333.2 333.7 0.5 28.14 20.00
----------------------------------------------------------
387.0 411.0 24.0 1.68 1.57 Lower Pillow
Flow
----------------------------------------------------------
Inc. 395.0 396.0 1.0 22.60 20.00
----------------------------------------------------------
420.0 428.0 8.0 1.45 1.45
----------------------------------------------------------
444.0 460.0 16.0 1.05 1.05
----------------------------------------------------------
485.0 492.0 7.0 2.77 2.53
----------------------------------------------------------
Inc. 488.0 488.6 0.6 22.80 20.00
----------------------------------------------------------
507.0 514.0 7.0 2.59 2.59
----------------------------------------------------------
525.0 532.0 7.0 2.02 2.02
----------------------------------------------------------------------------
DG-09-667 18,880E 409.0 416.0 7.0 1.76 1.76
(Gap Zone) ----------------------------------------------------------
457.0 464.0 7.0 1.14 1.14
----------------------------------------------------------
487.0 498.0 11.0 1.58 1.58
----------------------------------------------------------
507.0 518.0 11.0 1.14 1.14
----------------------------------------------------------------------------
DG-09-668 19,080E 168.0 177.0 9.0 0.94 0.94
(Gap Zone) ----------------------------------------------------------
358.0 366.0 8.0 1.17 1.17
----------------------------------------------------------
608.6 627.0 18.4 1.53 1.53 Lower Pillow
Flow
----------------------------------------------------------
640.0 653.0 13.0 1.32 1.32
----------------------------------------------------------------------------
DG-09-669 18,920E 240.0 250.0 10.0 1.12 1.12
(Gap Zone) ----------------------------------------------------------
301.0 308.0 7.0 1.38 1.38
----------------------------------------------------------------------------
DG-09-670 19,040E 201.0 211.0 10.0 1.19 1.19
(Gap Zone) ----------------------------------------------------------
597.0 604.0 7.0 1.03 1.03
----------------------------------------------------------
636.0 663.2 27.2 4.56 3.15 Lower Pillow
Flow
----------------------------------------------------------
Inc. 651.5 652.0 0.5 83.45 20.00
----------------------------------------------------------
Inc. 653.5 654.0 0.5 24.17 20.00
----------------------------------------------------------
Inc. 655.6 656.1 0.5 27.44 20.00
----------------------------------------------------------
Inc. 657.1 657.6 0.5 21.38 20.00
----------------------------------------------------------------------------
DG-09-671 18,960E No Significant Results.
(Gap Zone)
----------------------------------------------------------------------------
DG-09-672 19,160E 561.0 568.0 7.0 1.33 1.33
(Gap Zone) ----------------------------------------------------------
----------------------------------------------------------------------------
DG-09-673 19,000E 166.0 176.0 10.0 1.64 1.64
(Gap Zone) ----------------------------------------------------------
----------------------------------------------------------------------------
DG-09-674 19,280E Hit stope at 573 m; hole abandoned.
(West Pit) ----------------------------------------------------------
110.0 118.0 8.0 2.32 2.32
----------------------------------------------------------
164.0 181.0 17.0 0.85 0.85
----------------------------------------------------------
256.0 270.0 14.0 1.38 1.38
----------------------------------------------------------
307.0 330.0 23.0 1.20 1.20 Contact Upper
MF/PF
----------------------------------------------------------
352.0 369.0 17.0 1.60 1.60 Lower Pillow
Flow
----------------------------------------------------------
399.0 406.0 7.0 4.45 3.09 Lower Pillow
Flow
----------------------------------------------------------
Inc. 405.0 406.0 1.0 29.50 20.00
----------------------------------------------------------
443.0 450.0 7.0 1.12 1.12
----------------------------------------------------------
527.0 547.5 20.5 3.47 2.21 Lower Pillow
Flow
----------------------------------------------------------
Inc. 537.3 537.8 0.5 58.41 20.00
----------------------------------------------------------
Inc. 546.9 547.5 0.6 30.99 20.00
----------------------------------------------------------
560.0 569.0 9.0 0.96 0.96
----------------------------------------------------------------------------
DG-09-675 18,580E 303.5 320.0 16.5 1.49 1.49
(Calcite ----------------------------------------------------------
Zone)
----------------------------------------------------------------------------
DG-09-676 19,360E 41.0 65.0 24.0 0.74 0.74
(West Pit) ----------------------------------------------------------
130.0 143.0 13.0 0.72 0.72
----------------------------------------------------------
310.0 345.0 35.0 2.29 2.29 Lower Pillow
Flow
----------------------------------------------------------------------------
DG-09-677 18,420E 330.0 351.0 21.0 1.12 1.12
(Calcite ----------------------------------------------------------
Zone) 357.0 364.0 7.0 1.13 1.13
----------------------------------------------------------
371.0 378.0 7.0 1.23 1.23
----------------------------------------------------------
423.0 430.0 7.0 1.10 1.10
----------------------------------------------------------
465.0 483.0 18.0 2.65 2.61 Contact Upper
PF/MF
----------------------------------------------------------
Inc. 465.0 466.0 1.0 20.75 20.00
----------------------------------------------------------
492.0 507.0 15.0 1.43 1.43 ----------------------------------------------------------
527.5 540.5 13.0 4.14 2.00 Lower Pillow
Flow
----------------------------------------------------------
Inc. 540.0 540.5 0.5 75.78 20.00
----------------------------------------------------------
569.0 580.0 11.0 0.97 0.97
----------------------------------------------------------
610.0 622.0 12.0 2.80 2.49 Contact Lower
MF/PF
----------------------------------------------------------
Inc. 611.0 612.0 1.0 23.70 20.00
----------------------------------------------------------------------------
DG-09-678 19,800E Hit UG workings at 195.0; hole abandoned.
(West Pit) ----------------------------------------------------------
53.0 64.0 11.0 1.70 1.70
----------------------------------------------------------
74.0 111.0 37.0 1.11 1.11 Lower Massive
Flow
----------------------------------------------------------
152.0 169.0 17.0 2.00 2.00 Lower Massive
Flow
----------------------------------------------------------------------------
DG-09-678A 19,800E Hole wedged at 129.0 m.
(West Pit) ----------------------------------------------------------
221.8 229.0 7.2 5.97 4.11 Lower Massive
Flow
----------------------------------------------------------
Inc. 222.3 223.0 0.7 39.16 20.00
----------------------------------------------------------
240.0 253.0 13.0 2.40 2.40 Lower Massive
Flow
----------------------------------------------------------------------------
DG-09-679 18,420E 302.0 327.0 25.0 1.04 0.97 Upper Pillow
(Calcite Flow
Zone) ----------------------------------------------------------
Inc. 326.5 327.0 0.5 23.10 20.00
----------------------------------------------------------
398.5 411.0 12.5 1.91 1.84
----------------------------------------------------------
Inc. 398.5 399.0 0.5 21.73 20.00
----------------------------------------------------------
443.0 466.0 23.0 2.58 2.23 Lower Pillow
Flow
----------------------------------------------------------
Inc. 445.7 446.2 0.5 35.84 20.00
----------------------------------------------------------
524.0 547.0 23.0 1.08 1.08
----------------------------------------------------------
574.0 581.0 7.0 1.76 1.76
----------------------------------------------------------
599.0 612.0 13.0 5.11 5.11 Lower Pillow
Flow
----------------------------------------------------------------------------
DG-09-680 19,880E 149.0 161.0 12.0 2.98 2.98 SLDZ
(West Pit) ----------------------------------------------------------
253.0 260.0 7.0 1.10 1.10
----------------------------------------------------------------------------
DG-09-681 19,880E No Significant Results.
(West Pit)
----------------------------------------------------------------------------
DG-09-682 18,420E 198.0 206.0 8.0 1.03 1.03
(Calcite ----------------------------------------------------------
Zone) 253.0 265.0 12.0 0.83 0.83
----------------------------------------------------------
338.0 345.0 7.0 2.37 2.37
----------------------------------------------------------
377.0 405.0 28.0 3.71 3.11 Lower Pillow
Flow
----------------------------------------------------------
Inc. 377.0 378.0 1.0 26.30 20.00
----------------------------------------------------------
Inc. 396.0 397.0 1.0 30.60 20.00
----------------------------------------------------------
416.0 424.0 8.0 0.93 0.93
----------------------------------------------------------
761.0 783.0 22.0 1.60 1.60 Contact
SLDZ/MF
----------------------------------------------------------------------------
DG-09-683 19,860E 343.0 350.0 7.0 1.41 1.41
(West ----------------------------------------------------------
Pit) 380.0 387.0 7.0 1.27 1.27
----------------------------------------------------------------------------
DG-09-684 19,520E 246.0 256.0 10.0 0.97 0.97
(West ----------------------------------------------------------
Pit) 262.0 271.0 9.0 2.49 2.49
----------------------------------------------------------
315.0 322.0 7.0 3.11 2.90
----------------------------------------------------------
Inc. 319.0 319.5 0.5 22.95 20.00
----------------------------------------------------------
377.0 386.0 9.0 1.24 1.24
----------------------------------------------------------------------------
DG-09-685 19,480E 203.0 210.0 7.0 1.18 1.18
(West ----------------------------------------------------------
Pit) 215.0 223.0 8.0 4.07 4.07 Lower Massive
Flow
----------------------------------------------------------
324.0 335.0 11.0 0.87 0.87
----------------------------------------------------------
354.0 361.5 7.5 1.21 1.21
----------------------------------------------------------------------------
DG-09-686 19,840E No Significant Results.
(West Pit)
----------------------------------------------------------------------------
DG-09-687 18,500E 134.0 144.0 10.0 0.94 0.94
(Calcite ----------------------------------------------------------
Zone) 194.0 216.0 22.0 0.85 0.85
----------------------------------------------------------
224.0 231.0 7.0 0.95 0.95
----------------------------------------------------------
262.0 271.0 9.0 1.26 1.26
----------------------------------------------------------
300.0 314.5 14.5 1.45 1.45
----------------------------------------------------------
380.0 403.0 23.0 0.83 0.83
----------------------------------------------------------
413.0 438.0 25.0 1.16 1.16 Lower Pillow
Flow
----------------------------------------------------------
449.0 456.0 7.0 1.19 1.19
----------------------------------------------------------
473.0 480.0 7.0 1.06 1.06
----------------------------------------------------------
559.0 645.0 86.0 2.26 2.12 Lower Pillow
Flow
----------------------------------------------------------
Inc. 598.5 599.0 0.5 20.95 20.00
----------------------------------------------------------
Inc. 612.5 613.0 0.5 30.20 20.00
----------------------------------------------------------
Inc. 614.6 615.1 0.5 32.07 20.00
----------------------------------------------------------
Inc. 628.0 629.0 1.0 20.14 20.00
----------------------------------------------------------
715.0 722.0 7.0 4.52 2.90 Lower Massive
Flow
----------------------------------------------------------
Inc. 715.0 716.0 1.0 31.36 20.00
----------------------------------------------------------
741.0 749.0 8.0 9.31 1.43 Lower Massive
Flow
----------------------------------------------------------
Inc. 741.0 741.5 0.5 146.20 20.00----------------------------------------------------------------------------
DG-09-689 19,880E No Significant Results.
(West Pit)
----------------------------------------------------------------------------
DG-09-690 19,480E Hit shaft at 326.6 m; hole abandoned.
(West ----------------------------------------------------------
Pit) 203.0 210.0 7.0 2.61 2.61
----------------------------------------------------------------------------
DG-09-690A 19,480E Wedged at 201 m. Hit shaft at 329.0 m; hole abandoned.
(West ----------------------------------------------------------
Pit) 204.0 211.0 7.0 1.54 1.54
----------------------------------------------------------------------------
DG-09-690B 19,480E Hit shaft at 354.3 m; hole abandoned. No
(West Pit) Significant Results.
----------------------------------------------------------------------------
DG-09-691 18,500E 266.0 302.0 36.0 0.96 0.96 Upper Pillow
(Calcite Flow
Zone) ----------------------------------------------------------
423.0 498.0 75.0 2.36 2.11 Lower Pillow
Flow
----------------------------------------------------------
Inc. 474.0 475.0 1.0 28.20 20.00
----------------------------------------------------------
Inc. 494.1 494.6 0.5 40.51 20.00
----------------------------------------------------------
519.0 529.0 10.0 1.44 1.44
----------------------------------------------------------
611.0 637.0 26.0 1.22 1.22 Lower Pillow
Flow
----------------------------------------------------------
647.0 659.9 12.9 3.09 3.09 Lower Pillow
Flow
----------------------------------------------------------
703.0 712.2 9.2 2.42 1.49
----------------------------------------------------------
Inc. 711.7 712.2 0.5 37.20 20.00
----------------------------------------------------------
734.0 741.0 7.0 5.25 2.22 Lower Massive
Flow
----------------------------------------------------------
Inc. 734.0 734.5 0.5 62.50 20.00
----------------------------------------------------------
759.0 766.0 7.0 1.23 1.23
----------------------------------------------------------------------------
DG-09-692 19,560E Hit stope at 166.3 m; hole abandoned.
(West ----------------------------------------------------------
Pit) 60.0 67.0 7.0 1.82 1.82
----------------------------------------------------------
108.0 115.0 7.0 1.24 1.24
----------------------------------------------------------
126.0 165.3 39.3 1.60 0.91 Lower Pillow
Flow
----------------------------------------------------------
Inc. 126.8 127.3 0.5 73.78 20.00
----------------------------------------------------------------------------
DG-09-692A 19,560E Wedged at 140.0 m; Hit stope at 170.0 m; Lower Pillow
(West hole abandoned. Flow
Pit) ----------------------------------------------------------
142.2 169.0 26.8 1.51 1.51
----------------------------------------------------------------------------
DG-09-693 18,340E 207.0 214.0 7.0 5.23 3.09 Upper Massive
(Calcite Flow
Zone) ----------------------------------------------------------
Inc. 208.0 209.0 1.0 35.00 20.00
----------------------------------------------------------
391.0 398.0 7.0 3.06 1.50
----------------------------------------------------------
Inc. 396.5 397.0 0.5 41.90 20.00
----------------------------------------------------------
426.0 433.5 7.5 1.14 1.14
----------------------------------------------------------
452.0 459.0 7.0 4.76 1.46 Lower Massive
Flow
----------------------------------------------------------
Inc. 452.5 453.0 0.5 66.27 20.00
----------------------------------------------------------
474.0 483.0 9.0 4.89 2.58 Lower Massive
Flow
----------------------------------------------------------
Inc. 474.0 475.0 1.0 40.80 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
Detour Gold Corporation
Royal Bank Plaza, North Tower,
200 Bay Street, Suite 2040,
Toronto, Ontario M5J 2J1
SOURCE: Detour Gold Corporation