DetourGold Intersects Significant Mineralization West of Calcite Zone and inGap Zone of Its Detour Lake Project in Northern Ontario
(Hole DG-08-373: 1.60 g/t Over 60.0 m and 1.35 g/t Over 78.0 m in Calcite Zone)
TORONTO, ONTARIO -- (Marketwire) -- 10/01/08 -- Detour GoldCorporation (TSX: DGC) ("Detour Gold" or the "Company") is pleased toreport assay results for an additional 28 holes from its Phase IIdrilling program at the Detour Lake project in northern Ontario. Thereare four (4) active drill rigs on site.
Since the Phase II start up in July 2007, the Company has completed358 holes totaling 139,714 metres (including 29 holes abandoned for2,454 metres and deepening of 10 holes for 1,661 metres). Approximately4,000 metres remain to be drilled for completion of the Phase IIprogram. From Phase II, results from 187 holes totaling 68,428 metres(including 15 holes abandoned for 1,290 metres) were included in theJuly 2008 mineral resource update. Over 60% of the Phase III drillingprogram (30,000 metres) has now been completed.
Results from an additional 19 holes drilled at the western end ofthe Calcite Zone (up to section 17,740E) are indicating additional goldmineralization within and outside the US$700 pit shell (refer to PressRelease July 2, 2008), which will positively impact the final pitdesign (lower strip ratio) and resource base. Of importance,significant gold mineralization was encountered in holes DG-08-373 with1.60 g/t over 60.0 metres and 1.35 g/t over 78.0 metres on section18,100E and DG-08-389 with 0.96 g/t over 78.0 metres on section 18,580E(no intervals above capping grade of 20 g/t in both holes).
Results from nine (9) holes infilling the Gap Zone (between sections18,760E and 19,160E) continue to show good continuity of the goldmineralization. In particular, hole DG-08-369 intersected 1.68 g/t(cut) over 32.0 metres in the hanging wall (350 metres to the north)and 1.36 g/t (cut) over 62.0 metres in the core of the mineralizedcorridor. Hole DG-08-347 intersected 4.51 g/t (uncut) and 2.40 g/t(cut) over 44 metres in the core of the mineralized corridor.
The best mineralized (uncut) intervals encountered are shown below.
Calcite Zone
----------------------------------------------------------------------
DG-08-351 DG-08-361 DG-08-373 DG-08-389
--------- --------- --------- ---------
15.09 g/t over 1.55 g/t over 1.60 g/t over 5.29 g/t over
18.0 m 44.5 m 60.0 m 22.0 m
77.34 g/t over 5.14 g/t over 1.35 g/t over 0.96 g/t over
11.0 m 19.0 m 78.0 m 78.0 m
DG-08-400
---------
4.33 g/t over
16.0 m
Gap Zone
----------------------------------------------------------------------
DG-08-347 DG-08-353 DG-08-360 DG-08-369
--------- --------- --------- ---------
4.51 g/t over 51.29 g/t over 1.09 g/t over 2.80 g/t over
44.0 m 7.0 m 104.0 m 32.0 m
4.42 g/t over 1.37 g/t over
17.0 m 62.0 m
9.30 g/t over
12.0 m
DG-08-368
---------
10.78 g/t over
7.0 m
On July 2, 2008, Detour Gold reported a mineral resourceupdate based on a detailed engineered pit design using a preliminarymine schedule at a mining rate of 30,000 tpd operation for the firstfew years and increasing to 60,000 tpd thereafter. The base casereported (using a gold price of US$700 per ounce) contained 10.8million ounces of gold in the measured and indicated categories and 2.4million ounces of gold in the inferred category (refer to press releasedated July 2, 2008).
Complete tables of results, surface and longitudinal plans andcross-sections for the Detour Lake deposit are posted on the Company'swebsite 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 exploration program is being managed by Project Manager,Mr. Roger Aubertin, P.Eng., a Qualified Person within the meaning ofNational Instrument 43-101. Mr. Aubertin has verified and approved thedata disclosed in this release, including the sampling, analytical andtest data underlying the information.
Samples are prepared and assayed at SGS Minerals Services in DonMills, Ontario, Canada. Analysis for gold is done on sawn half coresamples using fire assay (AA finish). Samples with higher grade gold(greater than 5 g/t) are re-assayed using the pulp and metallicsprocedures. Standard reference materials, blank and field duplicatesamples are inserted prior to shipment from site to monitor the qualitycontrol of the assay data. For additional information on QualityAssurance and Quality Control ("QA/QC"), refer to the press releasedated April 11, 2007.
Forward-Looking Information
This press release contains certain forward-looking information asdefined in applicable securities laws (referred to herein as"forward-looking statements"). Often, but not always, forward-lookingstatements can be identified by the use of words such as "plans","expects", "is expected", "budget", "scheduled", "estimates","continues", "forecasts", "projects", "predicts", "intends","anticipates" or "believes", or variations of, or the negatives of,such words and phrases, or statements that certain actions, events orresults "may", "could", "would", "should", "might" or "will" be taken,occur or be achieved. Specifically, this press release includesforward-looking statements regarding: the Company's planned drillingprogram and estimate of the quantity and quality of its mineralresources. Inherent in forward-looking statements are risks,uncertainties and other factors beyond the Company's ability to predictor control. These risks, uncertainties and other factors include, butare not limited to, the uncertainties involved in interpretinggeological data and other risks involved in the gold exploration anddevelopment industry as well as those risk factors listed in theCompany's Annual Information Form (AIF), Item 4.4 - "Description ofBusiness - Risk Factors" filed on SEDAR. Readers are cautioned that thelist of factors included in the AIF is not exhaustive of the factorsthat may affect the forward-looking statements. Actual results anddevelopments are likely to differ, and may differ materially, fromthose expressed or implied by the forward-looking statements containedin this press release. Such statements are based on a number ofassumptions which may prove to be incorrect, including, but not limitedto, the following assumptions: the Company's exploration anddevelopment activities on the Detour Lake Property will proceed inaccordance with the Company's current timetables; and the Company'sresource estimates, geological and metallurgical assumptions (includingwith respect to the size, grade and recoverability of mineralresources) and operational and price assumptions on which the resourceestimates are based, are accurate. Forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause the Company's actual results, performance or achievements to bematerially different from any of its future results, performance orachievements expressed or implied by forward-looking statements. Allforward-looking statements herein are qualified by this cautionarystatement. Accordingly, readers should not place undue reliance onforward-looking statements. The Company undertakes no obligation toupdate publicly or otherwise revise any forward-looking statementswhether as a result of new information or future events or otherwise,except as may be required by law.
Information Concerning Estimates of Mineral Resources
This news release uses the terms 'measured', 'indicated' and'inferred' resources. Detour Gold advises investors that although theseterms are recognized and required by Canadian regulations (underNational Instrument 43-101 Standards of Disclosure for MineralProjects), the U.S. Securities and Exchange Commission does notrecognize them. Investors are cautioned not to assume that any part orall of the mineral deposits in these categories will ever be convertedinto reserves. In addition, 'inferred resources' have a great amount ofuncertainty as to their existence, and economic and legal feasibility.It cannot be assumed that all or any part of an inferred mineralresource will ever be upgraded to a higher category. Under Canadianrules, estimates of inferred mineral resources may not form the basisof feasibility or pre-feasibility studies, or economic studies exceptfor Preliminary Assessment as defined under 43-101. Investors arecautioned not to assume that part or all of an inferred resourceexists, or is economically or legally mineable.
Detour Lake Project - Highlights of Drill Results
---------------------------------------------------------------------------
Hole No. Section From To Length Au Au Host Rock Unit
No. (m) (m) (m) Uncut Cut
(g/t) to 20
g/t
(g/t)
---------------------------------------------------------------------------
DG-08-341 17,900E 335.0 354.0 19.0 0.86 0.86
(Calcite Zone) ------------------------------------------------------------
465.0 473.0 8.0 0.94 0.94
------------------------------------------------------------
500.0 507.0 7.0 1.87 1.87
------------------------------------------------------------
Lower Pillow
531.0 558.0 27.0 0.93 0.93 Flow
------------------------------------------------------------
582.0 590.0 8.0 2.37 1.44
------------------------------------------------------------
Inc. 583.9 584.4 0.5 34.92 20.00
------------------------------------------------------------
596.0 603.0 7.0 1.02 1.02
---------------------------------------------------------------------------
DG-08-343 18,020E 53.0 78.00 25.0 0.88 0.88
(Calcite Zone) ------------------------------------------------------------
110.0 119.0 9.0 1.44 1.44
------------------------------------------------------------
207.0 220.0 13.0 1.20 1.20
------------------------------------------------------------
235.0 250.0 15.0 0.76 0.76
------------------------------------------------------------
Lower Massive
348.0 363.0 15.0 2.24 2.23 Flow
------------------------------------------------------------
Inc. 350.0 351.0 1.0 20.10 20.00
------------------------------------------------------------
383.0 395.0 12.0 0.65 0.65
---------------------------------------------------------------------------
DG-08-344 Upper Massive
(Gap Zone) 18,880E 228.0 245.0 17.0 1.49 1.49 Flow
------------------------------------------------------------
Lower Pillow
373.0 393.0 20.0 1.46 1.46 Flow
------------------------------------------------------------
422.0 438.0 16.0 0.86 0.86
------------------------------------------------------------
448.0 458.0 10.0 1.10 1.10
------------------------------------------------------------
470.0 477.0 7.0 1.03 1.03
------------------------------------------------------------
483.0 491.0 8.0 1.10 1.10
------------------------------------------------------------
506.0 515.0 9.0 0.89 0.89
------------------------------------------------------------
543.0 555.0 12.0 0.97 0.97
---------------------------------------------------------------------------
DG-08-347 19,160E 283.0 297.0 14.0 0.72 0.72
(Gap Zone) ------------------------------------------------------------
362.0 369.0 7.0 1.69 1.69
------------------------------------------------------------
391.0 398.0 7.0 1.15 1.15
------------------------------------------------------------
545.0 557.0 12.0 1.76 1.76
------------------------------------------------------------
Lower Pillow
579.0 623.0 44.0 4.51 2.40 Flow
------------------------------------------------------------
Inc. 594.0 594.5 0.5 151.80 20.00
------------------------------------------------------------
Inc. 594.5 595.0 0.5 74.09 20.00
---------------------------------------------------------------------------
DG-08-349 18,020E 142.0 149.0 7.0 1.73 1.73
(Calcite Zone) ------------------------------------------------------------
185.0 192.0 7.0 3.46 3.46
------------------------------------------------------------
289.0 302.0 13.0 1.56 1.56
------------------------------------------------------------
330.0 339.0 9.0 1.18 1.18
---------------------------------------------------------------------------
DG-08-351 17,900E 138.0 152.0 14.0 0.69 0.69
(Calcite Zone) ------------------------------------------------------------
Upper Pillow
176.0 194.0 18.0 15.09 3.66 Flow
------------------------------------------------------------
Inc. 177.0 178.0 1.0 212.00 20.00
------------------------------------------------------------
Inc. 178.0 179.0 1.0 33.70 20.00
------------------------------------------------------------
215.0 236.0 21.0 0.76 0.76
------------------------------------------------------------
256.0 263.0 7.0 1.01 1.01
------------------------------------------------------------
274.0 283.0 9.0 1.66 1.66
------------------------------------------------------------
Lower Pillow
378.0 389.0 11.0 77.34 1.99 Flow
------------------------------------------------------------
Inc. 378.0 379.0 1.0 848.95 20.00
------------------------------------------------------------
413.0 420.0 7.0 1.14 1.14
------------------------------------------------------------
599.0 617.0 18.0 1.05 1.05
---------------------------------------------------------------------------
DG-08-353 18,800E 239.0 264.0 25.0 0.59 0.59
(Gap Zone) ------------------------------------------------------------
274.0 287.0 13.0 1.78 1.78
------------------------------------------------------------
471.0 480.0 9.0 1.24 1.24
------------------------------------------------------------
Lower Pillow
542.0 556.0 14.0 1.84 1.84 Flow
------------------------------------------------------------
Lower Pillow
581.0 588.0 7.0 51.29 5.86 Flow
------------------------------------------------------------
Inc. 585.5 586.0 0.5 182.46 20.00
------------------------------------------------------------
Inc. 586.0 586.5 0.5 338.02 20.00
------------------------------------------------------------
Inc. 586.5 587.0 0.5 175.52 20.00
---------------------------------------------------------------------------
DG-08-355 17,940E 69.0 87.0 18.0 1.38 1.38
(Calcite Zone) ------------------------------------------------------------
146.0 154.0 8.0 1.75 1.75
------------------------------------------------------------
170.0 177.0 7.0 1.73 1.69
------------------------------------------------------------
Inc. 175.0 175.5 0.5 20.60 20.00
------------------------------------------------------------
191.0 211.0 20.0 0.79 0.79
---------------------------------------------------------------------------
DG-08-356 19,120E 72.0 83.0 11.0 1.26 1.26
(Gap Zone) ------------------------------------------------------------
142.0 149.0 7.0 1.04 1.04
---------------------------------------------------------------------------
DG-08-359 17,980E 68.0 78.0 10.0 0.80 0.80
(Calcite Zone) ------------------------------------------------------------
132.0 144.0 12.0 1.05 1.05
------------------------------------------------------------
165.0 177.0 12.0 1.03 1.03
------------------------------------------------------------
454.0 470.0 16.0 1.10 1.10
---------------------------------------------------------------------------
DG-08-360 18,800E 106.0 113.0 7.0 1.30 1.30
(Gap Zone) ------------------------------------------------------------
Upper Pillow
138.0 145.0 7.0 4.32 2.94 Flow
------------------------------------------------------------
Inc. 142.0 143.0 1.0 29.60 20.00
------------------------------------------------------------
Upper Massive
158.0 178.5 20.5 1.57 1.57 Flow
------------------------------------------------------------
Lower Pillow
332.0 436.0 104.0 1.09 0.93 Flow
------------------------------------------------------------
Inc. 430.5 431.0 0.5 53.70 20.00
------------------------------------------------------------
Lower Pillow
466.0 483.0 17.0 4.42 2.72 Flow
------------------------------------------------------------
Inc. 481.5 482.0 0.5 77.90 20.00
------------------------------------------------------------
494.0 501.0 7.0 1.11 1.11
------------------------------------------------------------
Lower Pillow
525.0 532.0 7.0 3.62 2.46 Flow
------------------------------------------------------------
Inc. 526.0 526.5 0.5 36.36 20.00
------------------------------------------------------------
546.0 553.0 7.0 1.77 1.54
------------------------------------------------------------
Inc. 546.5 547.0 0.5 23.27 20.00
------------------------------------------------------------
Lower Massive
584.0 615.0 31.0 1.38 1.38 Flow
---------------------------------------------------------------------------
DG-08-361 17,940E 130.0 137.0 7.0 0.87 0.87
(Calcite Zone) ------------------------------------------------------------
155.0 199.5 44.5 1.55 1.23 Contact PF/MF
------------------------------------------------------------
Inc. 166.0 167.0 1.0 34.36 20.00
------------------------------------------------------------
Upper Massive
223.0 242.0 19.0 5.14 1.86 Flow
------------------------------------------------------------
Inc. 223.0 224.0 1.0 82.31 20.00
------------------------------------------------------------
261.0 270.0 9.0 1.29 1.29
------------------------------------------------------------
398.0 407.0 9.0 1.79 1.47
------------------------------------------------------------
Inc. 406.5 407.0 0.5 25.70 20.00
---------------------------------------------------------------------------
DG-08-362 19,080E 48.0 55.0 7.0 1.12 1.12
(Gap Zone)
---------------------------------------------------------------------------
DG-08-362A 19,080E 121.0 138.0 17.0 1.20 1.20
(Gap Zone) ------------------------------------------------------------
174.0 186.0 12.0 0.77 0.77
---------------------------------------------------------------------------
DG-08-365 17,740E 212.0 249.0 37.0 0.83 0.83 Upper MF
(Calcite Zone) ------------------------------------------------------------
Lower Pillow
319.0 340.0 21.0 2.00 1.85 Flow
------------------------------------------------------------
Inc. 337.0 338.0 1.0 23.11 20.00
------------------------------------------------------------
396.0 403.0 7.0 1.58 1.58
------------------------------------------------------------
498.0 505.0 7.0 3.29 2.90
------------------------------------------------------------
Inc. 500.0 501.0 1.0 22.78 20.00
------------------------------------------------------------
Lower Massive
525.0 538.0 13.0 3.11 2.44 Flow
------------------------------------------------------------
Inc. 537.0 538.0 1.0 28.65 20.00
------------------------------------------------------------
555.0 567.4 12.4 2.20 2.20 CMH
---------------------------------------------------------------------------
DG-08-366 18,020E No significant intercepts
(Calcite Zone)
---------------------------------------------------------------------------
DG-08-368 Lower Massive
(Gap Zone) 19,040E 39.0 46.0 7.0 10.78 1.76 Flow
------------------------------------------------------------
Inc. 41.5 42.0 0.5 146.33 20.00
------------------------------------------------------------
118.0 132.0 14.0 0.97 0.97
---------------------------------------------------------------------------
DG-08-369 18,760E 190.0 222.0 32.0 2.80 1.68 Contact MF/PF
(Gap Zone) ------------------------------------------------------------
Inc. 218.5 219.0 0.5 91.52 20.00
------------------------------------------------------------
Lower Pillow
382.0 444.0 62.0 1.37 1.36 Flow
------------------------------------------------------------
Inc. 443.0 444.0 1.0 20.80 20.00
------------------------------------------------------------
Lower Pillow
459.0 471.0 12.0 9.30 1.00 Flow
------------------------------------------------------------
Inc. 459.0 459.5 0.5 219.00 20.00
------------------------------------------------------------
486.0 497.0 11.0 1.61 1.61
------------------------------------------------------------
513.0 521.0 8.0 0.98 0.98
------------------------------------------------------------
562.0 574.0 12.0 1.04 1.04
---------------------------------------------------------------------------
DG-08-370 17,940E 85.0 92.0 7.0 1.08 1.08
(Calcite Zone) ------------------------------------------------------------
107.0 117.0 10.0 0.67 0.67
---------------------------------------------------------------------------
DG-08-373 Upper Pillow
(Calcite Zone) 18,100E 284.0 304.0 20.0 2.33 2.33 Flow
------------------------------------------------------------
325.0 335.0 10.0 0.80 0.80
------------------------------------------------------------
371.0 379.0 8.0 1.18 1.18
------------------------------------------------------------
Lower Pillow
391.0 451.0 60.0 1.60 1.60 Flow
------------------------------------------------------------
Lower Pillow
464.0 542.0 78.0 1.35 1.35 Flow
---------------------------------------------------------------------------
DG-08-374 17,820E 56.0 64.0 8.0 1.51 1.51
(Calcite Zone) ------------------------------------------------------------
104.0 116.0 12.0 0.70 0.70
---------------------------------------------------------------------------
DG-08-375 17,820E 59.0 66.5 7.5 2.09 1.56
(Calcite Zone) ------------------------------------------------------------
Inc. 64.5 65.0 0.5 27.95 20.00
------------------------------------------------------------
152.0 162.0 10.0 0.87 0.87
---------------------------------------------------------------------------
DG-08-376 17,740E 65.0 73.0 8.0 0.87 0.87
(Calcite Zone) ------------------------------------------------------------
314.0 326.0 12.0 0.77 0.77
---------------------------------------------------------------------------
DG-08-385 18,140E 185.0 197.0 12.0 0.72 0.72
(Calcite Zone) ------------------------------------------------------------
369.0 383.0 14.0 1.28 1.28
------------------------------------------------------------
412.0 421.0 9.0 0.86 0.86
------------------------------------------------------------
430.0 441.0 11.0 1.31 1.31
------------------------------------------------------------
458.5 471.0 12.5 1.95 1.39
------------------------------------------------------------
Inc. 458.5 459.0 0.5 33.86 20.00
------------------------------------------------------------
488.0 495.0 7.0 3.23 2.92
------------------------------------------------------------
Inc. 490.6 491.1 0.5 24.38 20.00
---------------------------------------------------------------------------
DG-08-389 Lower Pillow
(Calcite Zone) 18,580E 21.0 43.0 22.0 5.29 1.67 Flow
------------------------------------------------------------
Inc. 41.0 42.0 1.0 99.58 20.00
------------------------------------------------------------
110.0 118.0 8.0 1.01 1.01
------------------------------------------------------------
Lower Massive
162.0 240.0 78.0 0.96 0.96 Flow
---------------------------------------------------------------------------
DG-08-396 Lower Pillow
(Calcite Zone) 18,180E 79.0 107.0 28.0 1.74 1.64 Flow
------------------------------------------------------------
Inc. 100.0 101.0 1.0 22.60 20.00
------------------------------------------------------------
136.0 151.0 15.0 1.04 1.04
------------------------------------------------------------
252.0 265.0 13.0 1.44 1.44
------------------------------------------------------------
290.0 302.0 12.0 1.14 1.14
---------------------------------------------------------------------------
DG-08-397 18,140E 83.0 90.0 7.0 1.15 1.15
(Calcite Zone)
---------------------------------------------------------------------------
DG-08-400 Upper Massive
(Calcite Zone) 18,140E 43.0 51.0 8.0 5.04 2.88 Flow
------------------------------------------------------------
Inc. 43.0 44.0 1.0 37.30 20.00
------------------------------------------------------------
Upper Pillow
98.0 114.0 16.0 4.33 1.42 Flow
------------------------------------------------------------
Inc. 102.0 102.5 0.5 113.43 20.00
------------------------------------------------------------
Lower Pillow
153.0 174.0 21.0 1.32 1.06 Flow
------------------------------------------------------------
Inc. 173.5 174.0 0.5 31.01 20.00
------------------------------------------------------------
Lower Massive
255.3 263.0 7.7 5.19 4.88 Flow
------------------------------------------------------------
Inc. 258.0 259.0 1.0 22.40 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.