Goldcorp Inc./ G, GG (TSX, NYSE)

    Goldcorp Declares Third Monthly Dividend Payment for 2007


    VANCOUVER, BRITISH COLUMBIA, Mar 12, 2007 (MARKET WIRE via COMTEX) -- (All dollar amounts in United States dollars (US$))
    GOLDCORP INC. (CA:G: news, chart, profile) (GG: goldcorp inc new com) is pleased to declare its third monthly dividend payment for 2007 of $0.015 per share. Shareholders of record at the close of business on Friday, March 23, 2007 will be entitled to receive payment of this dividend on Friday, March 30, 2007.
    Pursuant to new tax legislation, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent years by Goldcorp Inc. are "eligible dividends" for this purpose.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas.

    Everton Extends Surface Soil Anomalies to over 1.5 km on the Cuance Concession in the Dominican Republic


    ...


    Everton is well funded and actively exploring in the Opinaca region of James Bay, Quebec where Everton has amassed one of the largest land claims adjacent to the Eleonore gold discovery, and where Goldcorp Inc. (GG:
    goldcorp inc new com) (CA:G) is proposing to spend several hundreds of millions of dollars developing its recent property acquisition. Everton is also actively exploring in the Dominican Republic adjacent to where the world's largest gold mining company, Barrick Gold (NYSE/TSX:ABX), is partnering with Goldcorp to develop the 18 million ounce Pueblo Viejo gold deposit, one of the world's largest undeveloped gold deposits, at an estimated cost of $2.3 billion.


    ...

    Mar 27, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Goldcorp Inc. (GG) said certain landowner groups are blockading the main access road to the Los Filos mine in Guerrero, Mexico, disrupting operations there.
    The Canadian gold producer said the landowner groups are requesting renegotiation of existing land purchase and rental agreements.
    Goldcorp said roadblocks have occurred intermittently over the last several weeks, resulting in the suspension of construction at the site.
    The company expects the first production of gold from Los Filos during the second quarter.

    VANCOUVER, BRITISH COLUMBIA, Mar 27, 2007 (MARKET WIRE via COMTEX) -- GOLDCORP INC. (CA:G) (GG: goldcorp inc new com) announced today that operations at its Los Filos mine in Guerrero, Mexico are being disrupted by a blockade of the mine's main access road. The roadblock, carried out by certain landowner groups requesting renegotiation of existing land purchase and rental agreements, has occurred intermittently over the last several weeks and has resulted in the suspension of construction activities at the site. Los Filos management continues to engage in discussions with the blockade organizers with the support of state and federal authorities, and believes that progress is being made toward a resolution.
    Goldcorp currently expects the first production of gold from Los Filos during the second quarter of 2007. "Our people take pride in cultivating strong, productive relationships with constituent groups surrounding our mining operations," said Goldcorp President and Chief Executive Officer, Kevin McArthur. "Los Filos is going to be another outstanding mine for Goldcorp in Mexico, and we look forward to a long tenure as good neighbors and significant contributors to the local communities that helped us build it."
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas.

    LAS VEGAS, NV, March 30, 2007 /PRNewswire-FirstCall via COMTEX/ -- Hemis Corporation (the "Company") (HMSO: hemis corp com) is pleased to announce it has signed an Earn-In agreement with Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) through its Mexican subsidiary Glamis Exploration S.A. de C.V ("Goldcorp") and Corex Gold Corp (CA:CGE) . Under the Agreement Goldcorp has the right to earn up to an 80% interest in Corex's Santa Rita and Zuloaga (collectively "Santa Rita") concessions in the states of Zacatecas and Coahuila.
    Goldcorp is the world's second largest gold company.
    The Santa Rita Property encompasses 39,878 hectares and is located in the Sierra Madre Oriental which is approximately 15 km from Goldcorp's Penasquito deposit. The Santa Rita property is also near the Concepcion del Oro mining district. Past production from this district is estimated at 250 million ounces of silver and 1.5 million ounces of gold. Concepcion del Oro produced gold and silver from a variety of deposit styles including skarns, mantos, breccias and disseminated deposits in favorable lithologies.
    Regarding the Penasquito property, Goldcorp has reported that as of June 2006 Penasquito has proven and probable gold reserves totaling 9.98 million ounces. Silver reserves were 575 million ounces while lead and zinc totaled 1.67 million tonnes and 3.62 million tonnes respectively. Initial mine start up is expected in late 2008 with full production reached by late 2009.
    Norman Meier, President of Hemis Corp., states, "With the advance towards production at Goldcorp's Penasquito mine we are extremely pleased to have a company of Goldcorp's reputation and experience working our landholdings in Mexico. The progress at Santa Rita is extremely encouraging and together with the ongoing work programs at Hemis' other projects in Mexico, El Tigre and La Centilla, Hemis' Resource Unit continues to maximize shareholder value."
    The Earn-In agreement provides that Goldcorp can Earn-In to a 70% interest in the Zuloaga property by spending US$4,000,000 over a 5-year period and paying Corex Gold US$150,000 over an 18 month period. Goldcorp shall have the option to increase its interest from 70% to 80% upon paying 100% of the expenditures associated with placing the Property or any part thereof, into commercial production based on a mine development project approved for all or part of the property, with 20% to be repayable to Glamis from Corex Sub's related project cash-flows, or arranging the proportionate share of a debt financing.
    In connection with entering into the Earn-In Agreement, Corex Gold and Hemis Corporation agreed to replace Hemis' option to acquire a 49% interest in Corex Gold's Santa Rita property (June 26, 2006) with an option to acquire a 49% interest in Corex Gold's interest in the Santa Rita property upon payment to Corex Gold US$950,000 and 200,000 shares of Hemis Corporation over 2 years.
    About Hemis Corporation
    Hemis Corporation is a precious metals exploration company trading on the OTCBB under the symbol HMSO and listed on the Frankfurt stock exchange under the symbol XZA. Hemis Corporation is comprised of both a resource division and a resource investment unit. Hemis' high profile team is focused on evaluating gold projects with strong potential. The resource investment unit is actively reviewing other natural resource companies for joint ventures and investment.
    Hemis is incorporated in Nevada, USA with its head office in Zurich, Switzerland and North American corporate communications representatives in Canada and the United States. Led by an experienced team of exploration geologists and financial professionals, this company has extensive international capital markets experience and proven track records.

    VANCOUVER, BRITISH COLUMBIA, Apr 04, 2007 (MARKET WIRE via COMTEX) -- GOLDCORP INC. (CA:G: news, chart, profile) (GG: goldcorp inc new com) announced today that it has completed the previously announced sale of its Amapari mine in Brazil to Peak Gold Ltd. for 155,000,000 Peak Gold common shares, representing approximately 22% of the outstanding shares of Peak Gold. Goldcorp does not have any present intention to acquire ownership of, or control over, additional securities of Peak Gold. It is the intention of Goldcorp to evaluate its investment in Peak Gold on a continuing basis and such holdings may be increased or decreased in the future.
    The previously announced sale of Goldcorp's Peak mine in Australia for $200,000,000 in cash is anticipated to take place following receipt of approval from the Foreign Investment Review Board in Australia. The purchase price for the Peak mine is being held in escrow pending completion of the sale. It is expected that such approval will be obtained within 30 days.
    Goldcorp is also pleased to report construction at its Los Filos mine in Guerrero, Mexico has resumed after a road block was lifted that was obstructing the mine's main access road.
    The roadblock had been carried out by certain communities and landowner groups requesting renegotiation of existing land purchase and rental agreements. A new agreement is in place, and the Company is re-mobilizing construction contractors and the work force in charge of commissioning the mine. The Company expects the first production of gold from Los Filos during the second quarter of 2007.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas.

    "A top gold-mining name in his fund is Goldcorp Inc. (GG: goldcorp inc new com). The company just underwent a big merger and has been increasing gold reserves and production capabilities, he says. "They're well-positioned to expand even more and exceed average industry growth rates," Vail said."

    "Silver Wheaton Corp. (SLW) has agreed to acquire from Goldcorp Inc. (GG) 25% of the life-of-mine silver production from Goldcorp's Penasquito Project in Zacatecas, Mexico for $485 million in cash.
    In addition, Silver Wheaton will pay an ongoing per-ounce operating cost payment equal to the lesser of $3.90 (subject to annual inflationary adjustments) and the prevailing market price per ounce of silver delivered under the contract.
    With this acquisition, Silver Wheaton expects to have annual silver sales of 22 million ounces in 2009, increasing to more than 26 million ounces by 2012.
    As a result of this transaction, Silver Wheaton's attributable proven and probable silver reserves will increase by 144 million ounces to 278 million ounces, attributable measured and indicated silver resources will increase by 62 million ounces to 121 million ounce and attributable inferred silver resources will increase by 221 million ounces to 514 million ounces.
    Silver Wheaton, Vancouver, is a silver-mining company. Goldcorp owns 49% of Silver Wheaton."

    " VANCOUVER, BRITISH COLUMBIA, Apr 16, 2007 (MARKET WIRE via COMTEX) -- Silver Wheaton Corp. ("Silver Wheaton") (CA:SLW) (SLW: silver wheaton corp com) is pleased to announce that it has agreed to acquire from Goldcorp Inc. ("Goldcorp") 25% of the life of mine silver production from Goldcorp's Penasquito Project, located in Zacatecas, Mexico. With this acquisition, Silver Wheaton expects to have annual silver sales of 22 million ounces in 2009, increasing to over 26 million ounces by 2012.
    Based on a feasibility study completed in July 2006, the Penasquito Project has reserves representing 17 years of gold, silver, zinc and lead production, with peak annual silver delivery to Silver Wheaton of 8.5 million ounces. The project remains on schedule for initial production from heap leaching of oxide ore by late 2008 and full operation of the mill and flotation circuit by late 2009.
    As a result of this transaction, Silver Wheaton's attributable proven and probable silver reserves will increase by 144 million ounces to 278 million ounces (an increase of 107%), attributable measured and indicated silver resources will increase by 62 million ounces to 121 million ounces (an increase of 104%) and attributable inferred silver resources will increase by 221 million ounces to 514 million ounces (an increase of 75%). See reserve and resource tables at the end of this news release.
    Goldcorp is continuing exploration drilling on the Penasquito Project. Since the July 2006 feasibility study, Goldcorp has drilled 114 additional core holes totalling over 80,000 meters in length, and reports that results of this latest activity have identified significant intersections that continue to support the potential for resource expansion in 2007.
    Silver Wheaton will pay US$485 million in cash for the right to acquire 25% of the Penasquito silver production. In addition, Silver Wheaton will pay an ongoing per-ounce operating cost payment equal to the lesser of US$3.90 (subject to annual inflationary adjustments) and the prevailing market price per ounce of silver delivered under the contract.
    Silver Wheaton will not be required to fund any capital expenditures at Penasquito, including any expansion scenarios. Goldcorp will provide a completion guarantee to Silver Wheaton that the Penasquito Mine will be constructed with certain minimum production criteria by certain dates. As a result of this transaction, Silver Wheaton will retain a right of first refusal on any further sales of silver streams from Penasquito for the mine life for so long as Goldcorp maintains at least a 20% interest in Silver Wheaton. Goldcorp's right to maintain its pro-rata interest in Silver Wheaton has been extended to December 31, 2009. Goldcorp currently owns approximately 49% of the issued and outstanding shares of Silver Wheaton.
    In order to fund the US$485 million cash consideration, Silver Wheaton has arranged US$485 million in bank debt through the Scotia Capital Inc. and BMO Capital Markets. Silver Wheaton will not issue any shares in connection with the transaction.
    "This acquisition is company transforming, providing Silver Wheaton with a significant silver stream at a low, fixed, cost for many years. In addition, we have the benefit of the exploration and production upside, if production levels or mine life exceed those envisioned in the July, 2006 feasibility study," said Peter Barnes, President and Chief Executive Officer of Silver Wheaton. "This transaction is significantly accretive, increasing the long-term cash flow per share by approximately 20%. In financing the acquisition with no equity dilution, we have maximized long-term value for our shareholders."
    Scotia Capital Inc. acted as financial advisor to Silver Wheaton with respect to the transaction.
    Silver Wheaton appointed a special committee of non-executive directors not related to Goldcorp to consider and make a recommendation on the transaction and the special committee has unanimously recommended the approval of the transaction. The Board of Directors of Silver Wheaton, on the recommendation of the special committee, has also approved the transaction.
    TD Securities Inc. acted as financial advisor and provided a fairness opinion in respect of the transaction to the special committee of the Board of Directors of Silver Wheaton.
    Closing of the transaction is subject to execution of definitive agreements containing customary representations, warranties and covenants by both parties, as well as receipt of all required regulatory approvals and third party consents, including acceptance by the Toronto Stock Exchange. The transaction is expected to close by May 31, 2007.

    "GOLDCORP INC. (CA:G: news, chart, profile) (GG: goldcorp inc new com) today announced that it has executed a binding term sheet to sell 25% of the life-of-mine silver produced from its Penasquito project to Silver Wheaton Corp. ("Silver Wheaton"). Under the terms of the agreement, Silver Wheaton will pay Goldcorp $485 million in cash upon closing of the transaction in exchange for 25% of the silver production. In addition, the term sheet requires Silver Wheaton to pay an ongoing per-ounce operating cost payment equal to the lesser of $3.90 (subject to annual inflationary adjustments) and the prevailing market price per ounce of silver delivered under the contract.
    "The addition of cash from this transaction with Silver Wheaton strengthens our already solid balance sheet and provides us tremendous flexibility in funding the construction of Penasquito and our other growth programs," said Kevin McArthur, Goldcorp President and Chief Executive Officer. "Our continued 49% investment in Silver Wheaton as well as our 75% unsold silver stream at Penasquito ensures that we will remain highly leveraged to future upside in silver prices. As always, our gold production will remain 100% unhedged."
    As a result of this transaction, Silver Wheaton has extended Goldcorp's right to maintain its pro-rata interest in Silver Wheaton to December 31, 2009. Goldcorp currently owns 49% of the issued and outstanding shares in Silver Wheaton. Silver Wheaton will retain a right of first refusal on any further sales of silver streams from Penasquito for the life of the mine as long as Goldcorp maintains at least a 20% interest in Silver Wheaton. Goldcorp expects to update metals reserves and resources at Penasquito in June 2007.
    Closing of the transaction is subject to execution of definitive agreements containing customary representations, warranties and covenants by both parties, as well as receipt of all regulatory approvals and third-party consents, including acceptance by the Toronto Stock Exchange. The transaction is expected to close by May 31, 2007.
    CIBC World Markets acted as financial advisor to Goldcorp and provided a fairness opinion to Goldcorp's Board of Directors in connection with this transaction.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas. Its gold production remains 100% unhedged."

    "VANCOUVER, BRITISH COLUMBIA, Apr 17, 2007 (MARKET WIRE via COMTEX) -- GOLDCORP INC. (CA:G:) (GG: goldcorp inc new com) has extended to May 1, 2007 the deadline for accepting Canadian tax elections associated with the acquisition of Glamis Gold.
    Goldcorp acquired Glamis Gold effective November 4, 2006 pursuant to a Plan of Arrangement. Eligible Holders of Glamis Gold shares as defined in the tax commentary of the Glamis Gold Notice and Information Circular dated September 25, 2006 were to have delivered tax election forms to Goldcorp by February 2, 2007 in order for Goldcorp Inc. to execute the forms.
    All forms accurately prepared, completed and received by May 1, 2007 will be executed by Goldcorp. Incomplete or inaccurate forms that have not been corrected and received by Goldcorp by the deadline will not be executed. As set out in the Information Circular, Goldcorp is not liable for any penalties payable by an Eligible Holder in respect of that holder's late filing of the tax election form with the Canada Revenue Agency.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas. Its gold production remains 100% unhedged.

    "VANCOUVER, BRITISH COLUMBIA, Apr 18, 2007 (MARKET WIRE via COMTEX) -- Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) will release first quarter results before market opens on Friday, May 11th, 2007.
    A conference call will be held Friday, May 11th at 9:00 a.m. (PT) to discuss these results. You may join the call by dialing toll free 1-800-819-9193 or (913) 981-4911 for calls from outside Canada and the US. Conference ID# 9234904. You can listen to a recorded playback of the call after the event until June 15th by dialing 1-888-203-1112 or 719-457-0820 for calls outside Canada and the US. Passcode: 9234904. A live and archived audio webcast will also be available at http://www.goldcorp.com.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas."

    Last Update: 9:38 AM ET May 9, 2007


    May 09, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Premier Gold Mines Ltd. (PG.T) has signed an asset exchange agreement with Goldcorp Inc.'s (GG) Red Lake Gold Mines subsidiary.
    Under the agreement, Red Lake Gold has agreed to transfer to Premier an undivided 50% interest in certain mining claims in Ontario's Red Lake District known as the Rahill-Wilmar and Kostynuk Properties. Premier has agreed to transfer to Red Lake Gold an undivided 50% interest in certain mining claims in the Red Lake District known as the Bonanza and Marathon Properties.
    Premier said it and Red Lake Gold have started exploration drilling on the combined properties, referred to as the Rahil-Wilmar and Kostynuk properties. Premier is funding the initial C$1 million in exploration and future exploration will be funded on a 50:50 basis.
    Premier is the operator during the initial period of C$5 million in exploration, and Goldcorp will be operator thereafter. Goldcorp has the option to increase its interest in the joint venture by 1% to 51% by paying Premier C$440,000.
    The Bonanza-Rahill Project is between Goldcorp's Red Lake Gold Mine to the east and the Cochenour Gold Mine, and Gold Eagle Mines Ltd.'s (GEA.T) Bruce Channel discovery to the west.

    Last Update: 8:28 AM ET May 11, 2007


    May 11, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Goldcorp Inc. (GG) posted significant improvements in first-quarter earnings and revenue as gold production nearly doubled to 558,000 ounces.
    The Vancouver gold company earned $124.9 million in its latest quarter, up from $92.4 million a year earlier, On a per-share basis, earnings fell to 18 cents from 24 cents as a result of more shares outstanding in the latest period.
    The Thomson First Call mean estimate was for a profit of 19 cents a share.
    Revenue jumped to $505.6 million from $286.3 million.
    The company said its cornerstone Red Lake mine in Canada is off to a strong start, and production at Marlin mine in Guatemala continues to gain momentum. The Penasquito project in Mexico also remains on track.
    Goldcorp expects to produce about 2.5 million gold ounces for the year at a cash cost of about $150 an ounce.

    In the precious metals patch, Vancouver-based Goldcorp (GG) posted first-quarter earnings of $124.9 million, up from $92.4 million a year ago. However, because of a big increase in the number of shares outstanding since the 2006 period, earnings per share showed a decline to 18 cents from 24 cents.


    The consensus was expecting earnings of 19 cents. Goldcorp said cash costs grew to $181 per ounce of gold during the period, but would decline to $150 for the year. Goldcorp shares were recently rising 1.7%.

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