Big Deal

Detour Gold Corp. has just announced that it has completed a term sheet with Caterpillar Financial Services Limited pursuant to which Cat Financial has agreed to underwrite an additional mining fleet lease facility of approximately US$40 million to fund Detour Gold's acquisition of additional CAT mobile fleet equipment.

 This recent financing is in addition to an earlier US$105 million agreement between Detour Gold and Caterpillar Financial for mobile fleet financing.

Detour Gold will use the recent financing to add two rope shovels to its fleet of equipment working at the company's Detour Lake gold project in northeastern Ontario.