Highly Qualified Independent Director Nominees

The proposed Concerned Shareholder Board includes three proven mine operators, with experience operating some of the world’s largest open pit mines. These director nominees’ technical understanding of the asset will be complemented by the diverse skill set of the other directors who bring extensive experience in the gold market, capital markets, corporate governance, asset restructuring and value maximization, negotiations and entrepreneurship. The biographies of the director nominees follow:

Maria S. Jelescu Dreyfus38, is the Chief Executive Officer and Founder of Ardinall Investment Management, a private equity firm that focuses on investments in energy, industrials, infrastructure and transportation in Latin America. Prior to founding Ardinall Investment Management, Ms. Dreyfus spent 15 years at Goldman Sachs & Co., where she most recently served as a Portfolio Manager and Managing Director in the Goldman Sachs Investment Partners (GSIP) Group in the Investment Management Division. While at Goldman Sachs, she focused on public and private investments in the energy, industrial, chemical, and transportation sectors and served on the boards of several GSIP portfolio companies. Currently, she is a member of the Advisory Board of the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs, and also serves as the Co-Chair of their Women in Energy program. Additionally, Ms. Dreyfus is a member of the MIT Corporation’s Development Committee and sits on the MIT Economics Department’s Visiting Committee. She currently serves as a director on the board of Macquarie Infrastructure Corporation and on the board of the New York State Secure Choice Savings Program. She also serves on the boards of two non-profit organizations: Breakthrough New York and Girls Inc. of NYC. She is a member of the Economic Club of New York, a member of New America Alliance, and a member of the Milken Institute’s Young Leaders Circle. Ms. Dreyfus has held her CFA since 2004, and holds a dual degree in economics and management science from the Massachusetts Institute of Technology.

Steven Mark Feldman, 56, is a co-founder, board member and the Chief Executive Officer of Gold Bullion International, LLC, a leading physical precious metals asset management company which provides the physical precious metals platform for Merrill Lynch, UBS and various other prominent international wealth managers and banks. Additionally, Mr. Feldman is the co-founder and Chairman of Goldcrest Farm Trust Advisors, which advises a private farmland REIT that focuses on row crops in the United States, and is currently funded with over U.S.$300 million in commitments from major Canadian pension funds. Prior to his roles at Gold Bullion International, LLC and Goldcrest Farm Trust Advisors, Mr. Feldman was a partner at Goldman Sachs & Co., where he co-founded and served as the global head and Chief Investment Officer of Goldman Sachs Infrastructure Partners, overseeing a fund complex that managed over U.S.$10 billion in assets focused on transportation and energy assets. Mr. Feldman also co-founded AGCOA, the largest private farmland REIT in the United States, which was eventually sold to a Canadian pension fund. In addition to his work in the financial markets, Mr. Feldman sits on the Board of Trustees for the University of Pennsylvania School of Social Policy and Practice and is the founder of The Penn Top Ten publishing franchise. Previously, Mr. Feldman was an associate attorney at Skadden, Arps, Slate, Meagher & Flom. Mr. Feldman holds a B.S. in Economics from the Wharton School of Business at the University of Pennsylvania and a J.D. from New York University Law School.

Marcelo Kim, 31, is a Partner at Paulson & Co. Inc., where he oversees the firm’s natural resource and global macro-economic investments. He has been at Paulson since 2009, which is the same year Paulson made its initial investment in Detour Gold. Paulson is currently one of the most important investors in Detour Gold through investment funds it manages, and exercises control or direction over approximately 5.7% of the Company’s shares. This is over 22 times more stock than the existing Board holds in Detour Gold stock and DSUs. Mr. Kim is Chairman of the board of International Tower Hill, a company whose stock has outperformed Detour Gold by 21% since his appointment as Chairman. He is also a member of the boards of Templar Energy Ltd. and Midas Gold Corp., whose stock is up 80% since he became a director. Mr. Kim is a member of the Board of Plan International USA, a U.S.-based charity. Mr. Kim graduated from Yale University, where he earned his Bachelor of Arts in economics with honors.

Christopher James Robison, 61, has 39 years of experience in the mining industry that has spanned six commodities and five continents. He is a former Fortune 500 executive with proven success in capital-intensive mining businesses and brings expertise in natural resources, mining, metallurgy, project development, M&A, capital investment, business improvement and regulatory issues. Mr. Robison also has experience with mine safety, environmental issues, and corporate social responsibility. From 2013 to 2016, he was the Chief Operating Officer and Executive Vice President of Newmont Mining Corporation, where he was responsible for 12 gold and copper mining operations and complexes generating U.S.$7.4 billion in revenues in 2014, and a pipeline of 22 expansion projects and new mines. Under Mr. Robison’s leadership, Newmont Mining Corporation delivered step-change improvement in its operational performance and growth prospects, and is now a leader in the gold sector in value creation as measured by cash flow, total shareholder returns and return on invested capital. During his tenure as Chief Operating Officer, Newmont Mining Corporation lowered injury rates by more than 50 per cent, reduced costs by more than 20 per cent and raised productivity (labor costs per ounce of gold produced) by more than 30 per cent. Prior to Newmont Mining Corporation, Mr. Robison was Chief Operating Officer and Vice President Operations of Rio Tinto Minerals for six years and Chief Operations Officer of U.S. Borax Inc. for five years. He has held numerous other management and leadership positions in the mining industry and holds a B.Sc. in metallurgical engineering from the University of Nevada, Mackay School of Mines. He has also completed business leadership programs at the London Business School and safety training programs led by Dupont.

Ronald Stanley Simkus, 66, has over 40 years’ experience in the management of skilled operations, maintenance and engineering personnel. His experience includes operating two of the world’s largest copper mines when he served as Chief Executive Officer of Compania Minera Antamina and as President and General Manager of Highland Valley Copper. Mr. Simkus is also an experienced director who has served for a variety of resource exploration companies, including EuroZinc Mining Corporation (stock rose over 400% during his tenure), Baffinland Iron Mines Corp. (stock rose over 100% during his tenure), Orvana Minerals Corp, Adriana Resources Ltd., , AQM Copper Inc., Gabriel Resources Inc. and Skye Resources Ltd. He holds a Bachelor of Applied Science with a focus in mining engineering and mineral processing from the University of Toronto, and has been a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) since 1988. Mr. Simkus is also a member of the Canadian Institute of Mining, Metallurgy and Petroleum and a former member of the Association of Professional Engineers and Geoscientists of the Province of British Columbia.

Dawn Patricia Whittaker, 58, is a seasoned capital markets lawyer. She recently retired as a Senior Partner at Norton Rose Fulbright, where she was a member of the Financial Institutions and Infrastructure, Mining & Commodities industry teams. Ms. Whittaker’s areas of expertise include domestic and international M&A, take-over bids, partnerships, public offerings, commercial transactions (including off-take, royalty and commodity forward sales contracts), and regulatory compliance and risk management. Some of the notable transactions she has been involved with include representing Yamana Gold in connection with its joint acquisition with Agnico Eagle of Osisko Mining Corporation for $3.9 billion, ArcelorMittal in connection with its $600 million joint takeover bid with Nunavut Iron Ore Acquisition Inc. for Baffinland Iron Mines Corporation, and ArcelorMittal in the sale of a 15 per cent interest in its Quebec iron ore operations for U.S.$1.1 billion to a consortium.  Prior to her last position, she was a Partner at McCarthy Tetrault LLP. She was a Director of Kirkland Lake Gold from 2012 to 2016, where she was the chair of the corporate governance committee. She also currently sits on the Ontario Division Board of the Canadian Mental Health Association. Ms. Whittaker received her B.A. Honours and LL.B. from Queen’s University.

Dr. William C. Williams, 62, has over 30 years’ experience related to the exploration and development of mining projects as well as oversight of mining operations. As a consultant, he is retained for services such as mining company and project valuations and evaluations, risk analysis related to mining companies and projects, planning of development projects, permitting strategies, service as executive officer or director and other pertinent subjects and positions related to mining activities.  Dr. Williams has run project evaluations on some of the world’s largest base metals mines, including Las Bambas, Antapaccay, Toromocho, Quebrada Blanca, Yerington and Reko Diq. Most recently, he led the team that made the discovery of the Mina Chica zinc-oxide deposit in the Bongará district, north-central Peru. He is a former Chief Executive Officer, director and President of Orvana Minerals Corp., where he brought two mines to commercial production and completed the permitting process for the Copperwood Project in Michigan. Prior to that, Dr. Williams was a Vice President for Phelps Dodge Exploration, where he had exposure to the open-pit mining operations at Grasberg, Morenci, Sierrita, Cerro Verde, Candelaria and El Abra.  Dr. Williams currently sits on the Board of Directors of Zinc One Resources Inc. and was appointed interim Chief Executive Officer on November 13, 2018. He holds a Ph.D. in Economic Geology from the University of Arizona and is a Certified Professional Geologist.

Michael D. Woollcombe, 50, is the Executive Vice-President of VC & Co. Incorporated and a Partner of Voorheis & Co. LLP. In these roles, Mr. Woollcombe provides strategic advice to investors in undervalued, underperforming or mismanaged public and private companies in Canada, with clients that have included a broad range of institutional investors, investment managers, private equity firms, hedge funds and high net worth individuals, as well as public and private companies and their boards of directors. Since 2011, Mr. Woollcombe has also been President of VWK Capital Management Inc., the investment manager for VWK Partners Fund LP, a long-short investment fund focused on investing in the North American equities market. Prior to his career in the financial markets, Mr. Woollcombe practiced corporate and securities law, with a focus on M&A and corporate finance matters, at Davies Ward & Beck LLP (now Davies Ward Phillips & Vineberg LLP).  Mr. Woollcombe is an experienced director, and has also served as a member of the Ontario Securities Commission’s Continuous Disclosure Advisory Committee. He has been a speaker at various seminars and symposiums on corporate governance and related matters. Mr. Woollcombe received his Bachelor of Commerce from Queen’s University and his LL.B. from the University of Western Ontario.