(1.85 g/t over 113.5 metres and 1.37 g/t over 71 metres)
Detour Gold Corporation (TSX: DGC) (�Detour Gold� or the �Company�) is pleased to report the drill results of 27 holes from the Calcite and Gap Zones of its Phase II drilling program at the Detour Lake property in northern Ontario. The Company started Phase II drilling in July 2007 and thus far has completed 302 holes totaling 119,002 metres (including 19 holes abandoned for 1,624 metres). The Company has now reported 187 holes totaling 68,428 metres (including 15 holes abandoned for 1,290 metres). There are four (4) active drill rigs on site.
Detour Gold has been very successful in drilling the Calcite Zone, which will have a positive impact on the upcoming resource update. Results from 22 holes in the Calcite Zone are indicating additional gold mineralization outside the US$575 pit shell and within the US$700 pit shell. Of importance, near-surface mineralization was encountered in holes DG-07-267 with 1.83 g/t (cut) over 113.5 metres and DG-07-265 with 1.37 g/t (cut) over 71 metres. Several significant mineralized zones were intersected at the contact of the SLDZ and massive flow below the US$700 pit shell (DG-08-309 on section 17,900E and DG-07-251 on section 18,220E).
Gold mineralization was encountered in all five (5) holes drilled in the Gap Zone. Of importance, hole DG-08-301 intersected 0.93 g/t over 70.0 metres near-surface at approximately 400 metres northward in the hanging wall and DG-08-294, located 40 metres to the east, intersected the same zone with 1.05 g/t over 47.0 metres�
To view this news release in its entirety please click on the link below or copy and paste it into your web browser�
http://www.detourgold.com/s/NewsReleases.asp?ReportID=306868
If you have any questions do not hesitate to contact us as provided below.
Best Regards,
Laurie Gaborit,
Director Investor Relations
Detour Gold Corporation
Royal Bank Plaza, North Tower, 200 Bay Street, Suite 2040, Toronto, Ontario M5J 2J1
Tel: (416) 304-0581 | LGaborit@detourgold.com | www.detourgold.com
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*Other HDI affiliated companies include Amarc, Anooraq, Detour, Farallon, Continental, Northern Dynasty, Rockwell, and Taseko. Visit us at www.hdgold.com for more information. To be removed from all of HDI's email lists please reply to this email with �Remove All� in the subject line.
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Detour Gold Corporation
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DEVELOPMENT STAGE |
CODE : DGC.TO |
ISIN : CA2506691088 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Detour Gold is a gold exploration company based in Canada. Its main asset in development is DETOUR LAKE (SUNDAY LAKE) in Canada and its main exploration property is BLOCK A in Canada. Detour Gold is listed in Canada. Its market capitalisation is CA$ 4.0 billions as of today (US$ 3.0 billions, € 2.7 billions). Its stock quote reached its lowest recent point on November 23, 2018 at CA$ 10.00, and its highest recent level on February 03, 2020 at CA$ 23.10. Detour Gold has 174 600 000 shares outstanding. |