Corporate Presentation November 2, 2016

CANADA’S INTERMEDIATE GOLD PRODUCER

2 |

Forward Looking Information This presentation contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as

“forward-looking statements”). Forward-looking statements relate to future events or future performance and reflect current expectations or beliefs regarding future events

and include, but are not limited to, statements with respect to: (i) the amount of mineral resources and mineral reserves and exploration targets; (ii) the amount of future

production over any period; (iii) net present value and internal rates of return of mining operations; (iv) assumptions relating to recovered grade, average ore recovery,

internal dilution, mining dilution and other mining parameters set out in the technical reports, studies and disclosure of the Company; (v) assumptions relating to revenues,

operating cash flow and other revenue metrics set out in the Company’s disclosure materials (vi) mine expansion potential and expected mine life; (vii) expected time frames

for completion of permitting and regulatory approvals; (viii) future capital and operating expenditures; (ix) future exploration plans; (x) future gold prices; and (xi) sources of

and anticipated financing requirements. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking

statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “continues”, “forecasts”, “projects”, “predicts”,

“intends”, “anticipates”, “targets”, or “believes”, or variations of, or the negatives of, such words and phrases or state that certain actions, events or results “may”, “could”,

“would”, “should”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may

cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this presentation speak only as of the

date of this presentation or as of the date or dates specified in such statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which are beyond Detour Gold's ability to predict or control and may cause

Detour Gold's actual results, performance or achievements to be materially different from any of its future results, performance or achievements expressed or implied by

forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, gold price volatility, changes in debt and equity markets, the

uncertainties involved in interpreting geological data, risks relating to variations in recovered grades and mining dilution, variations in rates of recovery, changes or delays in

mining development and exploration plans, the success of mining, development and exploration plans, changes in project parameters, risks related to the receipt of

regulatory approvals, increases in costs, environmental compliance and changes in environmental legislation and regulation, interest rate and exchange rate fluctuations,

general economic conditions and other risks involved in the gold exploration and development industry, as well as those risk factors discussed in the section entitled

"Description of Business - Risk Factors" in Detour Gold's 2015 AIF and in the continuous disclosure documents filed by Detour Gold on and available on SEDAR at

www.sedar.com. Such forward-looking statements are also based on a number of assumptions which may prove to be incorrect, including, but not limited to, assumptions

about the following: the availability of financing for exploration and development activities; operating and capital costs; the Company's ability to attract and retain skilled staff;

the mine development schedule and related costs; the mine production schedule; the success and timing of the Company’s mining and development plans, including the

Campbell pit recovery plan and the ability of the Company to process fines from low and medium grade stock piles; dilution control, sensitivity to metal prices and other

sensitivities; the supply and demand for, and the level and volatility of the price of, gold; timing of the receipt of regulatory and governmental approvals for development

projects and other operations; the timing and results of consultations with the Company’s Aboriginal partners, the supply and availability of consumables and services; the

exchange rates of the Canadian dollar to the U.S. dollar; energy and fuel costs; required capital investments; estimates of net present value and internal rate of returns, the

accuracy of reserve and resource estimates, production estimates and capital and operating cost estimates and the assumptions on which such estimates are based; market

competition; ongoing relations with employees and impacted communities and general business and economic conditions. Accordingly, readers should not place undue

reliance on forward-looking statements.

The forward-looking statements contained herein are made as of the date hereof, or such other date or dates specified in such statements.

Detour Gold undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein whether as a result of new information or future

events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make

additional updates with respect to those or other forward-looking statements.

All monetary amounts are in U.S. dollars unless otherwise stated.

3 |

Notes to Investors

The scientific and technical content of this presentation was reviewed, verified and approved by Drew Anwyll, P.Eng., Senior Vice President Technical

Services, and exploration results was reviewed, verified and approved by Guy MacGillivray, P.Geo., Exploration Manager, both Qualified Person as

defined by Canadian Securities Administrators National Instrument 43-101 “Standards of Disclosure for Mineral Projects”.

Qualified Persons

Non-IFRS Financial Performance Measures The Company has included non-IFRS measures in this presentation: total cash costs, all-in sustaining costs, adjusted net loss and adjusted net loss per

share. The Company believes that these measures, in addition to conventional measures prepared in accordance with IFRS, provide investors an improved

ability to evaluate the underlying performance of the Company. The non-IFRS measures are intended to provide additional information and should not be

considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. These measures do not have any standardized

meaning prescribed under IFRS, and therefore may not be comparable to other issuers. Other companies may calculate these measure differently.

Detour Gold reports total cash costs on a sales basis. Total cash costs include production costs such as mining, processing, refining and site

administration, agreements with Aboriginal communities, less non-cash share-based compensation and net of silver sales divided by gold ounces sold to

arrive at total cash costs per gold ounce sold. The measure also includes other mine related costs incurred such as mine standby costs and current

inventory write downs. Production costs are exclusive of depreciation and depletion. Production costs include the costs associated with providing the

royalty in kind ounces.

The Company believes the measure all-in sustaining costs more fully defines the total costs associated with producing gold. The Company calculates all-in

sustaining costs as the sum of total cash costs (as described above), share-based compensation, corporate general and administrative expense,

exploration and evaluation expenses that are sustaining in nature, reclamation cost accretion, sustaining capital including deferred stripping, and realized

gains and losses on hedges due to operating and capital costs, all divided by the gold ounces sold to arrive at a per ounce figure.

Costs excluded from all-in sustaining costs are non-sustaining capital expenditures and exploration costs that are expected to materially increase

production, financing costs and tax expense. Consequently, this measure is not representative of all of the Company’s cash expenditures. In addition, the

calculation of all-in sustaining costs does not include depreciation and depletion expense as it does not reflect the impact of expenditures incurred in prior

periods.

4 |

PRODUCTION

394 K OZ gold

YTD 2016 Highlights

COSTS FINANCIALS

$705

$960

TCC1

/oz sold

AISC1

/oz sold

$90 EARNINGS FROM MINE OPERATIONS million

$116 CASH BALANCE million

DEBT REDUCTION $142

Positive infill drilling results from prospective Zone 58N

million

66.4 MT mined

15.2 MT milled

1. Refer to the section on Non-IFRS Performance Measures on slide 3. Reconciliation of these measures is described in the

MD&A for Q3’16.

| 4

5 |

Q3 2016 Highlights

$802

$1,042

TCC1 ($/oz sold)

AISC1 ($/oz sold)

127,758 GOLD PRODUCTION (oz)

1. Refer to the section on Non-IFRS Performance Measures on slide 3. Reconciliation of these measures is described in the MD&A for Q3’16.

Q2'16 Q3'16TCC 1($/oz sold)

Q3’16 Q2’16

Q2'16 Q3'16AISC 1($/oz sold)

$1,030 $1,042 MINE

Continue to progress around Campbell pit

MILL

Sustain throughput of >60,000 tpd

Large-scale processing of LG & MG fines test

underway

$691 $802

6 |

Q3 2016 Operating Results

total mined 23.5 MT

3.7 strip ratio

MT ore milled

0.88 G/T AU head grade

% recovery

5.2

87

Throughput rate at 56,453 tpd

Major planned shutdown of 8

equiv. days (vs 6 equiv. days)

Lower recovery than expected

with continued issues in

recovery circuit

Recovery tracking back to

90% in October

Mining rates of 256,000 tpd

Mining of Calcite Zone resumed

on September 24 following

heavy rainfall in mid-August

Recovery plan initiated at end

of September for Campbell pit

to recoup part of tonnage

shortfall

6.1 stockpiles MT

g/t Au @ 0.63

7 |

1. 2016 guidance was revised on September 6, 2016.

2. Refer to the section on Non-IFRS Performance Measures on slide 3. Revised guidance at US$/C$ exchange rate of 1.28.

2016 Guidance1

525-545 GOLD PRODUCTION K oz

$700-750 TCC2

/oz sold

$970-1,020

Other

$100-110 M sustaining capital

AISC2

/oz sold

232

457 506 525-

545

2013 2014 2015 2016E

Gold Production (K oz)

2016E

8 |

2017 Preliminary Guidance

2017 Preliminary

Guidance

LOM Plan

for 2017

Gold production (oz) 540,000-590,000 614,000

Total mined (Mt) 92-102 101

Ore milled (Mt) 21-22 21.6

Average grade (Au g/t) 0.88-0.92 0.97

Dilution (%) 5-7 5

Recovery (%) 90-91 91.5

Reduction of ~40,000 oz from LOM plan:

~ 30,000 due to face position (mainly Campbell Pit area)

~ 10,000 due to dilution and recovery

Additional downside risk for ~10,000 ounces

No processing of fines included in preliminary guidance

9 |

Campbell Pit Plan for 2017

Bench # Tonnes (kt) Grade (g/t)* Contained oz

208 250 0.88 7,090

196 642 0.98 20,236

184 1,018 1.01 32,933

172 1,401 1.02 45,820

160 1,625 1.01 52,834

148 1,760 1.16 65,832

136 2,400 1.20 92,717 *Dilution increased to 6% in 2017 budget

vs 5% in the LOM Plan for 2017.

Plan is to mine 5 benches in 2017

Au (g/t)

>= 0.4

>= 0.5

>= 0.7

>= 0.8

LOM

10 |

Campbell Pit Plan for 2017 Plan is to mine 5 benches in 2017

Au (g/t)

>= 0.4

>= 0.5

>= 0.7

>= 0.8

Bench # Tonnes (kt) Grade (g/t)* Contained oz

208 250 0.88 7,090

196 642 0.98 20,236

184 1,018 1.01 32,933

172 1,401 1.02 45,820

160 1,625 1.01 52,834

148 1,760 1.16 65,832

136 2,400 1.20 92,717

LOM

*Dilution increased to 6% in 2017 budget

vs 5% in the LOM Plan for 2017.

11 |

2017 Preliminary Costs

2017 Preliminary

Costs

LOM Plan

for 2017

Operating costs (C$M) $545-565

Sustaining capital (C$M) $140-180

Total site spending (C$M) $685-745 $640

Increase of ~ C$75 M:

Accelerating: C$22 M for TMA cell 2 (2019 in LOM plan)

C$17 M for replacement of contractor camp (2018 in LOM plan)

C$6 M for lead nitrate project (2019 in LOM)

Adding C$10 M for ROM fleet

C$20 M charge for drawdown and processing MG ore inventories

1. Refer to the section on Non-IFRS Performance Measures on slide 3. 2017 preliminary guidance at US$/C$ exchange rate of 1.30.

AISC1 = $1,050-1,150 ($/oz sold)

12 |

Company Focus

West Detour (high priority)

Finalize Environmental Study Report

Finalize Aboriginal consultation

Finalize mining approach and updated

cost estimate

Re-financing of $358 M Convertible Notes

Continue to buyback when possible

Priority to re-finance with bank debt

2018 Preliminary gold production forecast

600,000-660,000 oz

LOM plan estimate for 2018 is 658,000 oz

13 |

Zone 58N – Lower Detour

YTD ZONE 58N

Completed 77,000 m in 263

holes

Results confirmed good

continuity in upper 250 m where

drilled at 25 m intervals

Expecting preliminary design,

timeline and cost estimate for

development of 600 to 1,200

tpd underground operation in

Q1 2017

Looking West - Surface

- 250 m

- 500 m

- 750 m

- 1000 m

14 |

INTERMEDIATE GOLD PRODUCER

YTD 2016 Summary

GOLD PRODUCTION OF 394,253 OZ

@ AISC OF $960/OZ SOLD

EARNINGS FROM MINE OPERATIONS

OF $90 M

OPERATING CASH FLOW OF $135 M

DEBT LEVELS REDUCED BY 28%

ADVANCING WORK ON

PROSPECTIVE ZONE 58N

15 |

ADDITIONAL information

Safety Performance

Operational Statistics

Regional Exploration

Burntbush Property

Year-End 2015 Reserves &

Resources

Shareholder Information

Analyst Coverage

Management & Directors

Contact Information

16 |

Program started Q2’16…

and gaining traction

2.5 2.3

1.6

0.0

0.5

1.0

1.5

2.0

2.5

2014 2015

Total Recordable Injury

Frequency Rate (TRIFR)1

Safety Performance

1. TRIFR: Total recordable injuries x 200,000 hours divided by total man

hours worked.

12 month

rolling avg

Leading Indicators responsibilities:

Management: 1 Visible Felt Leadership (VFL)

interaction per rotation

Department Supervisors do:

job observations

planned inspections

PPE audits

housekeeping audits

Compliance to program is EXCELLENT

17 |

Operational Statistics

Q3’15 Q4’15 Q1’16 Q2’16 Q3’16

Ore mined (Mt) 6.5 6.3 5.8 5.5 5.0

Waste mined (Mt) 17.0 15.7 15.2 16.4 18.5

Total mined (Mt) 23.5 22.0 21.0 21.9 23.5

Strip ratio (waste:ore) 2.6 2.5 2.6 3.0 3.7

Mining rate (tpd) 255,000 239,000 231,000 241,000 256,000

Ore milled (Mt) 5.2 5.1 4.7 5.3 5.2

Mill grade (g/t Au) 0.86 0.98 0.91 0.92 0.88

Recovery (%) 90 91 91 89 87

Mill throughput (tpd) 56,015 55,522 52,165 58,466 56,453

Mill availability (%) 85 86 88 87 84

Ounces produced (oz) 128,222 146,417 127,136 139,359 127,758

Ounces sold (oz) 126,241 132,209 137,608 131,606 113,845

18 |

Regional Exploration

Zone 58N

Detour Lake Mine

West Detour

REGIONAL PROGRAM

Completed 9,977 m in

36 holes on Lower Detour

trend

Anomalous to up to 5 g/t

intersected over narrow

widths

IP surveys completed

DRILLING PROGRAM

COMPLETED

6,195 m in 19 holes east

of current tailings facility

19 |

Burntbush Property

Casa Berardi Mine 1.3 M oz Reserves

Past Production 1.9 M oz

GRASSROOT PROPERTIES

Cover more than 80 km

of primary (EW) and

secondary (NE-SW)

subsidiary

faults

Basement Gneiss

Intermediate to Mafic Volcanics

Mafic Intrusives

Sediments

Felsic to Intermediate Intrusives

Felsic to Intermediate Volcanics

Gold Occurrences Burntbush

Detour Lake

20 |

Year-end 2015 Reserves & Resources Notes:

1. Mineral resources and reserves were

completed by Detour Gold in conformity

with generally accepted definitions and

guidelines given in the Canadian Institute

of Mining, Metallurgy and Petroleum (CIM)

Standards on Mineral Resources and

Mineral Reserves as required by NI 43-

101.

2. Mineral reserves were estimated using a

gold price of $1,000/oz and mineral

resources were estimated using a gold

price of $1,200/oz at a US$/C$ exchange

rate of 1.10.

3. Mineral reserves and resources were

based on a cut-off grade of 0.50 g/t Au.

4. Mineral reserves included an average

mining dilution of 5.3% from 2016 to 2018

and 4% for 2018+, at a diluting grade of

0.20g/t Au. Mining ore loss of 5% also

included.

5. Only Probable LG Fines scheduled in the

mine plan were reported as mineral

reserves. The LG fines reserves were

based on a cut-off grade of 0.40 g/t Au.

6. Mineral resources are reported exclusive

of mineral reserves. Mineral resources

that are not mineral reserves do not have

demonstrated economic viability.

7. Totals may not add due to rounding.

At Dec. 31, 2015

Reserves Tonnes

(millions)

Grade

(g/t Au)

Contained

Gold Ounces

(000’s oz)

Detour Lake Mine Proven 89.2 1.26 3,603

Probable 351.6 0.95 10,779

Stockpiles 4.8 0.64 98

Total P&P 445.5 1.01 14,480

West Detour Proven 1.8 0.99 56

Probable 47.0 0.97 1,473

Total P&P 48.8 0.98 1,529

LG Fines Probable 20.0 0.60 386

Total P&P 514.3 0.99 16,395

Resources

Detour Lake Mine Measured 17.4 1.33 746

Indicated 66.2 1.00 2,125

M+I 83.6 1.07 2,871

West Detour Measured 0.4 0.85 10

Indicated 36.5 0.86 1,005

M+I 36.9 0.86 1,015

Total M+I 120.5 1.00 3,886

Detour Lake Mine Inferred 33.7 0.81 875

West Detour Inferred 8.6 0.89 246

Total Inferred 42.3 0.82 1,121

21 |

1. Conversion price for the Notes is $38.50.

Shareholder Information

>80% INSTITUTIONS TOTAL

5.0 M Share options

9.3 M Convertible notes 1

188.8 M FULLY DILUTED

174.5 M Issued & outstanding

Share Structure (03/31/2014) Top Shareholders

12%

$116 MILLION cash and short-term investments at September 30, 2016

Share Structure (September 30, 2016) Top Shareholders

BlackRock

6% Van Eck Associates

5% Fidelity

22 |

Initiating

Research Firm Analyst Target Price at

October 31, 2016

07.06.11 Haywood Kerry Smith $49.00

07.07.09 Paradigm Don Blyth/Don MacLean $39.75

07.08.07 Raymond James Phil Russo $38.50

07.11.26 National Bank Steve Parsons $36.00

07.12.20 Macquarie Mike Siperco $43.00

08.01.14 Canaccord Rahul Paul $32.00

08.07.14 TD Dan Earle $40.00

08.09.04 RBC Dan Rollins $45.00

08.11.06 BMO Brian Quast $43.75

09.06.17 Laurentian Pierre Vaillancourt $35.00

10.05.19 CIBC World Markets Cosmos Chiu $38.00

10.07.22 Credit Suisse Anita Soni $45.00

13.04.16 Scotiabank Trevor Turnbull $39.00

13.08.14 Desjardins Michael Parkin $31.50

13.11.12 Beacon Securities Michael Curran $36.00

13.12.09 GMP Securities Ian Parkinson $31.00

14.02.06 Cormark Securities Richard Gray/Tyron Breytenbach $43.00

14.04.22 Goldman Sachs Andrew Quail $30.00

14.06.17 Dundee Capital Markets Josh Wolfson $43.00

16.06.06 Bank of America Merrill Lynch Michael Jalonen $37.50

16.10.18 Global Mining Research David Radclyffe/David Cotterell $20.00

Average target C$37.90

Analyst Coverage (21)

23 |

Paul Martin President and CEO

Pierre Beaudoin COO

James Mavor CFO

Julie Galloway General Counsel &

Corporate Secretary

Drew Anwyll Sr VP Technical Services

Derek Teevan Sr VP Corporate &

Aboriginal Affairs

Jean-François Métail VP Mineral Resource

Management

Ruben Wallin VP Environment & Sustainability

Charles Hennessey Mine General Manager

Laurie Gaborit Director Investor Relations

Alberto Heredia Controller

Lisa Colnett

Edward C. Dowling

Robert E. Doyle

André Falzon

Alex G. Morrison

Jonathan Rubenstein

Graham Wozniak

Ingrid Hibbard

Michael Kenyon

Paul Martin

Management & Directors

MANAGEMENT

DIRECTORS

24 |

Laurie Gaborit Director Investor Relations

Email: lgaborit@detourgold.com

Phone: 416.304.0581

Paul Martin President and Chief Executive Officer

Email: pmartin@detourgold.com

Phone: 416.304.0800

www.detourgold.com

Contact Information