Detour Gold adding more jobs by 2018-19

Detour Gold is banking on a new deposit to add even more jobs to the region.

CEO Paul Martin says, their West Detour site could yield up to 1.5 million more ounces of gold, adding that to their enormous 16.4 million ounce reserve.

“We would target to start stripping that deposit by 2018 and look to extract gold from in 2019.”

The new deposit would also be adding 120-150 new jobs to the region.  Martin says their contributions to the area don’t stop with employing locals.

“Over the last 18 months, we’ve purchased over $60 million worth of supplies and contract services from local companies.”

Detour is a low grade mine but Martin divulged they’ve located a high grade location they’re hoping to turn profitable. He adds their 8-year plan also involves discovering satellite sites to keep feeding their mill.