Detour Gold Corporation provided production results of the fourth quarter and full year of 2015. For the fourth quarter, the company reported gold production of 146,417 ounces in the fourth quarter as a result of improved grades, bringing total gold production to 505,558 ounces for the year, representing an increase of 11% year-over-year. The mill facility processed 5.1 million tonnes (Mt) of ore or an average of 55,522 tonnes per day (tpd) with recoveries of 91%. Processed grade was 0.98 grams per tonne (g/t), slightly higher than projections. For the year, 19.8 Mt of ore were processed at an average head grade of 0.88 g/t with recoveries of 91%. Head grade for the year was 2% above budget. Mill operating time was at 86%, in line with projections with a planned shutdown in November to replace SAG and ball mill liners on both lines and replace a damaged ball mill trunnion. For the year, mill operating time averaged 84%, slightly below budget of 86%. Higher milling rates (2,680 tpoh) compensated for lower plant operating time. A total of 22 Mt (ore and waste) was mined during the fourth quarter (equivalent to mining rates of 239,000 tpd for Phase 1 and 2).

For the full year, the company expected gold production of 505,558 ounces, above mid-point of guidance; with fourth quarter record gold production of 146,417 ounces. Annual average mill throughput rate of 54,114 tpd and mining rate of 249,000 tpd AISC estimated between $1,040 and $1,060 per ounce sold1, at the low end of the guidance, with fourth quarter AISC between $850 and $875 per ounce sold. Year-end cash and short-term investments balance of approximately $161 million Electricity contract extended for 5 years to end of 2024 on same terms.