Detour Gold Corp DRGDF

RE: BNN

[Roundtrip]

Good interview!

Here are my notes:

-the property was purchased from PLG 2 years ago
-they have done 200,000 metres of drilling
-they have 13.2 million oz of gold (and growing) with 85% of that in measured and indicated
-feasibility study to be announced end of the year
-they have access to Hydro and a railhead with a road to the site
-excellent growth potential; deposit is open in all directions
-continued drilling; the cut off for drilling to be included in the feasibility study will be December
-they plan to do 60-80,000 metres of drilling next year
-they have drilled 2 1/2 km of a 5 km trend; the work as far as potential is only 1/2 done
-the pit will be 2 1/2 - 3 km strike length by 1 km in width
-Gerald worked at ABX for 12 years and compared Detour Lake to Goldstrike in Nevada
-the current plan is to mine 900,000 oz gold per year for 16 years
-the lead time for ordering equipment is 2 1/2 years.