Mr. Andrew Morganti of Morganti Legal reports

MORGANTI LEGAL, P.C. ANNOUNCES A SHAREHOLDER LAWSUIT AGAINST DETOUR GOLD CORPORATION

Investors have filed a shareholder lawsuit against Detour Gold Corp. for publishing press releases containing alleged misrepresentations and failing to disclose material facts about its business operations between April 9, 2013, and Nov. 7, 2013.

The investors' mining experts have been examining Detour Gold's disclosures since the company published its 2014 updated mine production plan for the Detour Lake gold mine. The shareholder lawsuit was filed on May 12, 2014. The lawsuit alleges that the defendants breached s. 75, s. 138.3(1) and s. 138.3(4) of the Ontario Securities Act.

On April 9, 2013, Detour Gold announced that it was reducing its 2013 production guidance to 350,000 ounces from its previous target of up to 400,000 ounces with a cash cost of $800 to $900 per ounce. Detour Gold also represented that it would be able to ramp up its mill to 55,000 tonnes per day by the end of its second quarter. On Nov. 7, 2013, Detour Gold published a material change report announcing that it would reduce its production guidance down to 240,000 to 260,000 ounces, that its mill operations of achieving 55,000 TPD were 12 months behind schedule among other operational disappointments, and its cash costs would average $1,100 per ounce. Following this announcement, shares of Detour Gold materially dropped from $8.12 to $4.43 within 10 days, and the company's chief operating officer resigned.

Investors who purchased Detour Gold's securities between April 9, 2013, and Nov. 6, 2013, and sold all or some of those securities prior to Dec. 23, 2013, are encouraged to stay informed. You may contact Morganti Legal PC toll-free at 888-226-0845 or by e-mail at info@morgantilegal.com to request a copy of the lawsuit and the expert report supporting the allegations that Detour Gold's press releases and prospectus contained discrepancies or misleading statements of material fact when compared with its subsequent disclosures filed on SEDAR.

Morganti Legal PC is a law firm that investigates, litigates and resolves economic and financial disputes.