Detour Gold Corp fka DRDGF (DRDGF)

[goldenpolarbear]

Kerr Mines' AGM etc. Just-announced! http://www.investorx.ca/search/00003818/kerr-mines-inc

Just hoping Detour does not acquire the Copperstone Gold Mine or the McGarry Gold Project for peanuts at the Kerr AGM?

[goldenpolarbear]

Well if Detour was not interested before... It might be now?

KERR MINES AWARDS KEY-CONTRACTS FOR-THE-2017 EXPLORATION PROGRAM AND PRE-FEASIBILITY STUDY

TORONTO, Aug. 8, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTC: KERMF, FRA: 7AZ1) is pleased to announce that it has completed the tender process and has awarded the three key contracts to support the execution of the 2017 Copperstone Mine exploration program and pre-feasibility study.
Hard Rock Consulting ("HRC") of Colorado, has been appointed to conduct the Copperstone Mine pre-feasibility study, which is estimated to be completed by Q1 2018. The pre-feasibility study will be the basis for the decision to proceed towards production of the Copperstone Mine.

In addition, Godbe Drilling LLC ("Godbe") of Arizona, has been awarded the drilling contract, which includes both the surface and underground drilling programs.

DMC Mining Services Corporation ("DMC") of Utah, has been awarded the contract for underground development. The inclusion of the underground development allows the 2017 Copperstone Mine exploration program to access high-priority targets previously unavailable.

HRC is recognized for delivering expertise and providing value added service directly from the highly experienced principals to a variety of mining clients ranging from due diligence to full feasibility studies. This allows HRC to take a hands-on role in providing a cost-effective and prudent move forward strategy. Both Godbe and DMC have extensive experience in their core businesses and share a proven ability to achieve safe performance and deliver excellent results under a variety of conditions. These appointments establish a key milestone in the Company's development strategy by employing strong expertise in engineering, drilling and mine development, in order to advance the Copperstone Mine project towards a production decision.

A competitive bidding, evaluation and selection process was carried out by senior management, which led to these awards. "We are very pleased to have completed the process of selection of the engineering, drilling and mine development contractors, enabling Kerr to execute the 2017 Copperstone exploration program and pre-feasibility study. Detailed planning of the program is well underway and contractors are preparing to mobilize," said Martin Kostuik, President, Kerr Mines.

About Kerr Mines Inc.
Kerr Mines is a North American gold development and exploration company currently advancing the fully permitted past-producing Copperstone Mine project. Copperstone is a high-grade gold project located along the Walker Lane mineral belt in mining-friendly Arizona. The project demonstrates significant upside exploration potential within 12,000 acre a land package which includes a production history of over 500,000 ounces of gold. The Company's current focus is on maximizing Copperstone's potential by defining and expanding current resources and strengthening the mine's economics leading to a production decision.

Cautionary Note Regarding Forward Looking Statements
This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if commenced. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about Kerr Mines' business are more fully discussed in the Company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Kerr Mines assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.

Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release and no stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

SOURCE Kerr Mines Inc.

http://kerrmines.com/release/?id=122656


https://www.juniorminingnetwork.com/junior-miner-news/press-releases/kerr-mines/35024-kerr-mines-awards-key-contracts-for-2017-exploration-program-and-pre-feasibility-study-at-copperstone-mine.html

Well let's hope they fine further high grade gold at Copperstone under the open pit...? It will increase their odds of going into production in early 2018... Let's hope Detour makes a play for the McGarrry golden property in Ontario?

[goldenpolarbear]

Maybe Detour will be interested in the McGarry Mine in Ontario?

Quote:
"...From time to time, TimminsToday will examine the state of mining in Ontario's northeast where, for over a century, gold mining has been the backbone of the local economy.

With over 100 years of mining expertise, the knowledge and skills developed in Ontario's northeast may be as valuable as the gold itself as many companies that cut their teeth in mining in area are exporting their gold mining knowledge to other parts of North America and the world.

Among the great mining names in northeastern Ontario is the Kerr-Addison Mine in Virginiatown, a small community in the Larder Lake-Cadillac gold mining camp, but after more than 100 years of mining in the area Kerr Mines is going in another direction.

In 2014, Kerr shareholders voted to take the mining expertise, that the company developed at the McGarry Gold Mine, and head south to Arizona, where the company purchased the Copperstone mining property in the western part of Arizona, along the Walker Lane Belt near Southern California. That area contains a total known gold endowment of over 40 million ounces of gold.

“McGarry Mine was the flagship resource of Armistice Resources, which changed its name to Kerr Mines in 2014,” said Claudio Ciavarella, president of Kerr Mines.

Kerr Mines is a North American gold development and exploration company based in Toronto.

Kerr’s Ontario properties include The McGarry Mine in McGarry Township near Virginiatown, Ont.; and the Bear Lake property, also in McGarry Township, which consists of 15 patented claims and two mining licences of occupation over 237 hectares of land (585 acres) in McGarry Township just west of the McGarry Mine.

“Kerr acquired the Copperstone mine in Arizona, in 2014, and the same team that was running the McGarry mine evaluated and acquired Copperstone,” said Ciavarella.


“We were contacted by the owners of Copperstone as they were having very similar problems as we were having at McGarry because of the mining downturn,” Ciavarella said.

“Kerr sent our engineers, geologists and mining managers to evaluate the Copperstone site, which like McGarry was an underground mine,” stated Ciavarella. “And through our evaluation we were able to determine Copperstone had a tremendous upside.”

Kerr Mines is now set to develop Copperstone and it is doing so with the skills and knowledge that it developed in Northeastern Ontario.

“Not only did Copperstone have the underground mine asset, but it also had a lot of exploration potential beyond that,” he said. “Copperstone is fully permitted, and has all the infrastructure built – underground access, a mill on site, tailings facility, electrical power, roads, assay labs and work facilities.”

The next steps for Kerr Mines at the Copperstone site is to undertake a definition drill program to further delineate the amount of gold potential at the site and develop a mine plan and economic feasibility study and from there decide on proceeding with gold extraction.

Kerr expects to complete its pre-feasibility study by the end of fiscal year 2017 or the first quarter of 2018.

Copperstone has historically produced about 500,000 ounces of gold. Copperstone contains existing mining infrastructure, that helps reduce investment requirements and speeds up the timeline for production.

As for the future of the McGarry mine site, all options are open according to Ciavarella.

“The development of McGarry Mine always had the challenges of the equity markets, when the markets are good you can go out and do some work on the property, but when the markets are down as they have been since about 2013 then things slowdown,” Ciavarella explained.

“It’s a good site, it is in the Larder Lake-Cadillac break mining district, which is an historic area of gold production,” said Ciavarella. “Last time we were on that project was in 2013, but as the market took a down turn and that is really where it stayed.”

As Kerr Mines refocused their operating priorities, the sold off properties in the Larder Lake area including the original Kerr-Addison mine to Golden Candle

“But we kept our interest in McGarry,” he said. “We are looking at how to bring McGarry, back to life by joint venturing with another company and that is what our next step is- we may move forward on working the mine or we may decide to monetize it.”

The McGarry mine property consists of 31 patented mining claims, three unpatented claims and mining licenses of occupation totaling 1,112 acres, with surface rights on most claims totalling (975.56 acres).

A third property, the Dufay property located just across the border from McGarry Township in Quebec covers an area of 2, 137.55 hectares.


https://www.timminstoday.com/local-news/northeastern-ontario-mining-company-looks-to-arizona-for-future-gold-4-photos-687039

[goldenpolarbear]

I wonder if Detour Gold will try to acquire Kerr Mines or at least the Golden 'Copperstone Mine' ?

"Kerr Mines Interviewed on CEO.ca
TORONTO, ONTARIO – May 29, 2017 – Kerr Mines Inc. (“Kerr” or the “Company”) (TSX: KER) recently sat down with Peter Bell for an interview on CEO.ca. During the interview, Claudio Ciavarella, CEO, and Martin Kostuik, President, provided an update on Kerr Mines and their strategy for advancing Copperstone this year."...

https://ceo.ca/@Newton/interview-with-martin-kostuik-claudio-ciavarella-kerr-mines-ker

Kerr Mines might be leaving the golden train station with a bright golden light at the end of the tunnel as Detour has fortunately already successfully done IMHO!

cheer$,
GOldenPolarBear

[stocktrademan]

$DRGDF recent news/filings

bullish 11.0709
moving average breakout
higher highs higher lows uptrend
near support area


## source: finance.yahoo.com

Fri, 30 Oct 2015 13:21:10 GMT ~ Detour Gold Corp. breached its 50 day moving average in a Bearish Manner : October 30, 2015


read full: http://www.capitalcube.com/blog/index.php/detour-gold-corp-breached-its-50-day-moving-average-in-a-bearish-manner-october-30-2015/
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Wed, 07 Oct 2015 19:27:50 GMT ~ 2 Metals Stocks BMO Analysts Are Downgrading


read full: http://finance.yahoo.com/news/2-metals-stocks-bmo-analysts-192750723.html
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Fri, 02 Oct 2015 16:24:55 GMT ~ Detour Gold Corp. Earnings Q2, 2015


read full: http://www.capitalcube.com/blog/index.php/detour-gold-corp-earnings-q2-2015-3/
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Wed, 16 Sep 2015 17:16:29 GMT ~ ETF’s with exposure to Detour Gold Corp. : September 16, 2015


read full: http://www.capitalcube.com/blog/index.php/etfs-with-exposure-to-detour-gold-corp-september-16-2015/
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Wed, 16 Sep 2015 14:21:42 GMT ~ Detour Gold Corp. breached its 50 day moving average in a Bearish Manner : September 16, 2015


read full: http://www.capitalcube.com/blog/index.php/detour-gold-corp-breached-its-50-day-moving-average-in-a-bearish-manner-september-16-2015/
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$DRGDF charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$DRGDF company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/DRGDF/company-info
Ticker: $DRGDF
OTC Market Place: OTC Pink Current
CIK code: 0001391158
Company name: Detour Gold Corp.
Company website: http://www.detourgold.com
Incorporated In: Canada

Business Description: Detour Gold Corporation is a Canadian gold exploration and development company with a highly experienced management and technical team. The Company's primary focus is the successful development of its flagship asset, the Detour Lake project, located in Northeastern Ontario. With more than 15.6 million ounces in reserves and excellent growth potential, Detour Lake is on track to become Canada's largest operating gold mine.

$DRGDF share structure

## source: otcmarkets.com

Market Value: $923,372,400 a/o Dec 04, 2015
Shares Outstanding: 83,405,360 a/o Jan 31, 2011
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value

$DRGDF extra dd links

Company name: Detour Gold Corp.
Company website: http://www.detourgold.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=DRGDF+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=DRGDF+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=DRGDF+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/DRGDF/news - http://finance.yahoo.com/q/h?s=DRGDF+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/DRGDF/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/DRGDF/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=DRGDF+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/DRGDF
DTCC (dtcc.com): http://search2.dtcc.com/?q=Detour+Gold+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Detour+Gold+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Detour+Gold+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.detourgold.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.detourgold.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.detourgold.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/DRGDF
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001391158&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/DRGDF/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/DRGDF/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=DRGDF&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=DRGDF
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/DRGDF/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=DRGDF+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=DRGDF+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=DRGDF
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=DRGDF
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=DRGDF+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/DRGDF/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=DRGDF+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/DRGDF.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=DRGDF
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/DRGDF/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/DRGDF/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/DRGDF
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/DRGDF
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/DRGDF:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=DRGDF
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=DRGDF



$DRGDF DD Notes ~ http://www.ddnotesmaker.com/DRGDF