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

    Last Update: 11:22 AM ET May 7, 2007


    VANCOUVER, BRITISH COLUMBIA, May 07, 2007 (MARKET WIRE via COMTEX) -- (All dollar amounts in United States dollars (US$))
    GOLDCORP INC. (CA:G: news, chart, profile) (GG: GG) is pleased to declare its fifth monthly dividend payment for 2007 of $0.015 per share. Shareholders of record at the close of business on Friday, May 18, 2007 will be entitled to receive payment of this dividend on Friday, May 25, 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.

    Last Update: 6:25 AM ET May 11, 2007


    LAS VEGAS, May 11, 2007 /PRNewswire-FirstCall via COMTEX/ -- Hemis Corporation (the 'Company') (HMSO: hemis corp com) is an international resource company with three advanced stage exploration properties in Mexico and one in Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (CA:G: news, chart, profile) (GG: goldcorp inc new com) through its Mexican subsidiary Glamis Exploration.
    Hemis is pleased to announce it has acquired the La Casita concession for its El Tigre project. El Tigre is a gold exploration project near the southeastern border of the Mexican state of Sonora. Initial exploration work has yielded positive indications.
    The La Casita concession is located about 250 km east of Hermosillo and 12 km east of the village of Valle de Tacupeto. Accessible by road, the La Casita claim is mountainous and is at an elevation of 1600m.
    Acquiring the La Casita concession expands Hemis' property position by 39.18 hectares. This further consolidates Hemis' land position at El Tigre where it is already holds the largest land position.
    Unlike the other concessions that comprise the El Tigre project area, Hemis has a 100% interest in the La Casita concession. It is not subject to either advance payments or production royalties.
    Exploration of La Casita will be integrated with ongoing mapping and sampling across the El Tigre project area.
    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.

    Last Update: 8:02 AM ET May 11, 2007


    VANCOUVER, BRITISH COLUMBIA, May 11, 2007 (MARKET WIRE via COMTEX) -- (All figures are in US dollars unless stated otherwise)
    Goldcorp Inc. (CA:G: news, chart, profile) (GG: GG) today reported net earnings of $124.9 million, or $0.18 per share, for the quarter ended March 31, 2007. This compares to net earnings of $92.4 million, or $0.27 per share, in the first quarter of 2006.
    First Quarter 2007 Highlights
    - Gold production nearly doubled to 558,000 ounces.
    - Total cash costs (net of by-product copper and silver credits) of $181 per ounce of gold(1).
    - Operating cash flows increased to $122.6 million.
    - Cash and cash equivalents at March 31, 2007 of $403.5 million.
    - Dividends paid of $31.6 million.
    - Second quarter completion of the sale of Amapari and Peak mines for $200 million in cash and $100 million in Peak Gold common shares.
    - Sale to Silver Wheaton of 25% of future Penasquito silver production for $485 million in cash expected to close by May 31.
    "Solid mine performance in the first quarter has laid the groundwork for a good year," said Kevin McArthur, Goldcorp President and Chief Executive Officer. "Our cornerstone Red Lake mine in Canada is off to a strong start, and production at Marlin mine in Guatemala continues to gain momentum. Another cornerstone asset, the Penasquito project in Mexico, remains on track. Construction activity is underway, good progress is being made on the engineering design and procurement and significant effort is now turning to further optimization studies in light of recent exploration success.
    "Company wide gold production is scheduled to ramp up throughout the year, which includes the anticipated first gold pour at Los Filos mine late in the second quarter. Considering the revised production schedule for Los Filos mine, and the sale of the Amapari and Peak mines, we expect to produce approximately 2.5 million gold ounces for the year, and we continue to expect our total cash cost to be approximately $150 per gold ounce. Goldcorp enjoys the highest margins within the senior companies, attributable to our focus on designing and building low cost mines and our policy to not hedge our gold production.
    "We also took important steps to further strengthen our financial position during the first quarter. The now-completed sale of the Peak and Amapari mines simplifies our asset portfolio. The second quarter sale of 25 percent of the future silver stream at Penasquito for $485 million provides flexibility to reduce debt and fund our growth programs. The two transactions bring a total of $785 million in cash and securities to our balance sheet in the second quarter. Our focus for the balance of 2007 will be to unlock value through an exploration investment of $120 million in our own properties and mine sites."
    A conference call will be held Friday, May 11th at 9:00am. (PT) to discuss these results. Participants may join the call by dialing toll free 1-888-819-9193 or (913) 981-4911 for calls from outside Canada and the US. Conference ID# 9234904.
    The conference call will be recorded and available for replay until June 15th, 2007 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 be available on the website 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. The Company does not hedge its gold production.

    OUTLOOK
    The Company expects to produce approximately 2.5 million ounces of gold at an average cash cost of $150 per ounce in 2007. Capital expenditures for the year are forecast at $750 million, including approximately $320 million at the Penasquito project in Mexico, $110 million at Red Lake mine in Canada and $100 million at Los Filos and San Dimas--the latter of which includes the on-going construction of a hydroelectric power plant. Exploration expense for 2007 is forecast at $60 million, including $15 million in Canada and $30 million in Mexico.

    Last Update: 12:56 PM ET May 11, 2007


    TORONTO, May 11, 2007 (PrimeNewswire via COMTEX) -- Eastmain Resources Inc. (CA:ER: news, chart, profile) is pleased to announce that Goldcorp Inc., through its wholly owned subsidiary Les Mines Opinaca Ltee, has signed a confidentiality agreement for the purposes of data sharing and providing technical support in the preliminary economic evaluation of the Clearwater Project. Goldcorp's involvement will provide both the practical and methodological expertise needed to assess the future potential of the Eau Claire gold deposit.
    According to Dr. Donald J. Robinson, Eastmain's President and CEO, "Eastmain shall benefit from Goldcorp's technical support and input in the next stages of exploration at Clearwater. Our 2007 program will include geotechnical and metallurgical studies to evaluate the economic potential of Eau Claire and any possible synergies with the Eleonore Project held by our strategic alliance partner."
    Situated near the EM-1 power facility recently commissioned by Hydro Quebec, Eau Claire is a high-grade gold deposit with multiple surface veins averaging 0.70 ounces per ton in the area of a proposed bulk sample. Eastmain expects to begin definition in-fill drilling in the upper portion of the deposit this summer. The program will include metallurgical testing of the gold-bearing system as an adjunct to the future bulk sample and continued economic assessment of the deposit. The deposit is located approximately two kilometres from Hydro's road network.
    Eastmain holds 100% interest in the Clearwater Project, which hosts Eau Claire. Goldcorp owns 100% interest in the Eleonore Project, which hosts the Roberto Deposit, through its wholly owned subsidiary Les Mines Opinaca Ltee. Both projects are located in the Eastmain/Opinaca territory of James Bay, Quebec, a relatively unexplored region with the potential to become a major gold district. Eastmain's primary focus is gold exploration within this emerging mining district.
    Eastmain and Goldcorp formed a strategic alliance in 2003 for the purposes of minimizing exploration risk to shareholders in the quest for new gold mining opportunities. The alliance was renewed for an additional 5-year term in 2006. Goldcorp currently owns approximately 9.66% of Eastmain's issued and outstanding shares.
    Goldcorp is one of the world's lowest-cost and fastest-growing multi-million ounce gold producers with operations throughout the Americas.
    Eastmain is a Canadian gold exploration company with 100% ownership of the Eau Claire and Eastmain gold deposits, both located in James Bay, Quebec. The Company has budgeted $3.5 million for gold and base metal exploration in Quebec and Ontario for 2007.

    Continuing Exploration at El Tigre Discovers Molybdenum Mineralization Representing New Exploration Opportunity


    LAS VEGAS, May 14, 2007 /PRNewswire-FirstCall via COMTEX/ -- (HMSO: hemis corp com) Hemis Corporation is an international resource company with several advanced stage exploration properties in Mexico and a project in Cook Inlet, Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) through Goldcorp's Mexican subsidiary Glamis Exploration.

    May 21, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Goldcorp Inc. (GG) entered a $1.5 billion credit facility with a syndicate of 12 lenders to replace its existing facilities.
    The Vancouver-based gold producer said the Bank of Montreal (BMO) acted as co-lead arranger, administrative agent and sole bookrunner while the Bank of Nova Scotia (BNS) acted as co-lead arranger, syndication agent and processing agent.
    Goldcorp plans to use the funds to finance growth opportunities and for general corporate purposes.

    VANCOUVER, BRITISH COLUMBIA, May 21, 2007 (MARKET WIRE via COMTEX) -- (All figures are in US dollars unless stated otherwise)
    Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) today announced that it has entered into a $1.5 billion credit facility with a syndicate of twelve lenders.
    The credit facility replaces the Company's existing credit facilities. It is intended to be used to finance growth opportunities and for general corporate purposes. The floating rate facility is unsecured and amounts drawn are required to be financed or repaid by May 18, 2012.
    "Funds from recent transactions and our continued strong cash flow have resulted in Goldcorp being essentially debt-free in the current quarter," said Kevin McArthur, Goldcorp President and Chief Executive Officer. "This facility is consistent with the liquidity needs of a company our size, and it enables us to finance the mine construction activities that underpin the best growth profile in the gold mining industry."
    For the facility, Bank of Montreal acted as Co-Lead Arranger, Administrative Agent and Sole Bookrunner and Bank of Nova Scotia acted as Co-Lead Arranger, Syndication Agent and Processing Agent.
    Goldcorp is one of the world's lowest-cost and fastest growing multi-million ounce gold producers with operations throughout the Americas. The Company does not hedge its gold production.

    LAS VEGAS, May 21, 2007 /PRNewswire-FirstCall via COMTEX/ -- Hemis Corporation (HMSO: HMSO) is an international resource company with several advanced stage exploration properties in Mexico and a project in Cook Inlet, Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (CA:G) (GG: GG) through Goldcorp's Mexican subsidiary Glamis Exploration.


    ...

    LAS VEGAS, May 22, 2007 /PRNewswire-FirstCall via COMTEX/ -- Hemis Corporation (HMSO: hemis corp com) is an international resource company with several advanced stage exploration properties in Mexico and a project in Cook Inlet, Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (CA:G:) (GG: goldcorp inc new com) through Goldcorp's Mexican subsidiary Glamis Exploration.

    Last Update: 5:00 AM ET May 29, 2007


    LAS VEGAS, May 29, 2007 /PRNewswire-FirstCall via COMTEX/ -- (HMSO: hemis corp com) Hemis Corporation is an international resource company with several advanced stage exploration properties in Mexico and a project in Cook Inlet, Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (CA:G) (GG: goldcorp inc new com) through Goldcorp's Mexican subsidiary Glamis Exploration.

    LAS VEGAS, June 5, 2007 /PRNewswire-FirstCall via COMTEX/ -- Hemis Corporation (Hemis) (HMSO: hemis corp com) is an international resource company with three advanced stage exploration properties in Mexico and one in Alaska. Hemis' Santa Rita property in Mexico has an Earn-In Agreement with Goldcorp Inc. (CA:G:) (GG: goldcorp inc new com) through its Mexican subsidiary Glamis Exploration.

    LAS VEGAS, June 8, 2007 /PRNewswire-FirstCall via COMTEX/ -- (HMSO: hemis corp com) Hemis Corporation is an international resource company with three exploration properties in Mexico and one in Alaska. Hemis' Santa Rita property in Mexico has an earn-in agreement with Goldcorp Inc. (CA:G:) through Goldcorp's Mexican subsidiary Glamis Exploration.

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