Detour Gold Corporation

Detour Gold Corporation (TSX:DGC) is a Canadian gold exploration and development company with a highly experienced management and technical team whose primary focus is to advance the development of its flagship Detour Lake gold project located in northeastern Ontario.
Detour Gold listed on the Toronto Stock Exchange on January 31, 2007 after a successful IPO. Concurrently with the IPO, Detour Gold acquired the Detour Lake property, which host the former Detour Lake mine that produced 1.8 million ounces of gold. In just over three years, the Company has drilled over 400,000 metres of drilling and completed a feasibility study.

The Detour Lake deposit is now Canada's largest undeveloped gold reserve with 11.4 million ounces. The positive results of the feasibility study confirmed the Detour Lake deposit as a future significant gold producer with an average annual gold production of 649,000 ounces over a mine life of 16 years. The Company plans to start mine development by late 2010, subject to obtaining receipt of Provincial permits and finalizing Aboriginal agreements. With gold production expected to commence in early 2013, Detour Lake will be among the largest gold operations in North America.

You can follow the progress of our drilling program by visiting "Explore Detour Lake" on our website.

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[kodiak1966]

Detour Mine will no doubt close its doors when gold drops to 800 an ounce. Workers will probably be good for a few years there,high gold prices stay up on average for 5 yrs then take a dive.History dictates this...gold mining is very unstable.

[ciornianucristian]

@BuckMuncher no , im romanian and my name is Christian (CHRIS).

[BuckMuncher]

@ciornianucristian you call yourself a cristian with a dirty mouth like that? shame on you son.

[ciornianucristian]

You guys are pointless backstabbing greedy assholes , all you want is money , but you fuck up our country. All your people should fucking die starting with your head.