Global measured and indicated mineral resources of 20.5 million ounces (inclusive of mineral reserves)

Advancing North America's 4th Largest Gold Reserves Towards Development

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Message: Mike Parkin, Merrill Lynch (1/27/12)

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Mike Parkin, Merrill Lynch (1/27/12)

posted on Feb 06, 12 09:19AM (Log in to use the IP Check tool) ^[?]

Mike Parkin, Merrill Lynch (1/27/12) "Funds Detour Gold Corp. needed to complete Detour Lake are now secured; we have updated our model for the reported 5% increase in reserves, the lower life-of-mine strip ratio, the expected earlier start up and the CA$28/share equity financing (8.6M shares plus an over allotment option for 1.29M shares). The project is currently ahead of schedule, with first gold expected in late Q412 (prior Q113)."

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