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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.

Updates on Previous Picks

Goldcorp (GG) is still on the Watch List. Continue to wait for this stock to run up to $25 before shorting.

TORONTO, ONTARIO, May 15, 2007 (MARKET WIRE via COMTEX) -- IAMGOLD Corporation (CA:IMG) (IAG: iamgold corp com) (BSE: IAMGOLD) -
All amounts are expressed in US dollars, unless otherwise indicated.
HIGHLIGHTS:
- Net earnings for the first quarter of 2007 were $11.3 million or $0.04 per share.
- Attributable production for the first quarter of 2007 was 218,000 ounces.
- Gold Institute (GI) cash cost of production was $416 per ounce.
- Cash, short term deposits and gold bullion position as at March 31, 2007 were $208.6 million valuing gold bullion at market.
- Operating cash flow for the first quarter of 2007 was $16.7 million.
- Average gold spot price for the first quarter of 2007 was $650 per ounce.
- Investment in mine activities for the first quarter of 2007 totaled $18.9 million.
- Corporate exploration expenditures for the first quarter of 2007 were $9.4 million.
- Total debt levels were reduced by $18.3 million to $20.9 million.

As for the miners, shares of Iamgold (IAG) ... after the company said its first-quarter earnings fell to $11.3 million, or 4 cents a share, from $19.9 million, or 13 cents a share, in the year-ago period.

- Continued 50/50 contributions for funding and staffing resources in 2007 - Staking covering new conductors associated with mafic intrusives - Joint venture established to evaluate newly identified PGM targets - Phase 2 of the $350,000 program to evaluate other targets in the Taureau Project area (AMI) has been approved to evaluate additional targets ------------------------------------------------------------------------- TSX: PFN OTCBB: PAWEF Frankfurt: P7J http://www.pfncapital.com

...

Stillwater Mining Company (SWC: Stillwater Mining Company) , the largest producer of palladium and platinum in the Western Hemisphere, recently purchased 11% of PFN and is a strategic partner in the search for new platinum group metal discoveries in North America. Stillwater Mining recently signed a letter of intent to invest $4.5 million into PFN's Alaskan exploration and reconnaissance programs including the Goodnews Bay Platinum Project. PFN is the project operator.

SPOKANE, Wash., May 18, 2007 (BUSINESS WIRE) -- Gold Reserve Inc. (CA:GRZ) (GRZ: gold resv inc cl a) announced today that it has closed its previously announced concurrent cross-border public offerings of US$90,000,000 aggregate principal amount of its 5.50% Senior Subordinated Convertible Notes due 2022 ("Convertible Notes") and 12,800,000 Class A common shares ("Common Shares") at US$5.80 per share (Cdn$6.42 per share) for gross proceeds to the Company of US$164,200,000. Aggregate net proceeds from the offerings were approximately US$154,775,000 after deducting underwriting fees and estimated offering expenses.
The Company has granted to the underwriters an option for a period of 13 days to purchase up to an additional US$13,500,000 principal amount of its Convertible Notes and an option for a period of 30 days to purchase up to an additional 1,920,000 Common Shares at US$5.80 per share, in each case, to cover over-allotments, if any. If the underwriters fully exercise the over-allotment options to purchase additional Convertible Notes and Common Shares, Gold Reserve will receive additional net proceeds of approximately US$23.4 million after deducting underwriting fees.
The Convertible Notes were offered and sold to the public at their stated principal amount (US$1,000 per Convertible Note) and will have a semi-annual cash interest coupon of 5.50% per year. Each US$1,000 principal amount of Convertible Notes will be convertible at the option of the holder into 132.6260 Common Shares, subject to adjustment, representing an initial conversion price of US$7.54.
J.P. Morgan Securities Inc. and RBC Capital Markets acted as joint book running managers for the offerings with Cormark Securities Inc. acting as co-manager.
The Company intends to use the net proceeds from the offerings to fund construction activities, equipment purchases and ongoing development of its Brisas project.
Copies of the prospectuses relating to the Convertible Notes and the Common Shares may be obtained from the underwriters or their respective U.S. or Canadian affiliates as follows: J.P. Morgan Securities Inc. at National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, telephone: 718-242-8002; RBC Capital Markets - in Canada, call 416-842-5345, in the U.S., RBC Capital Markets Corporation, Attention: Prospectus Department, One Liberty Plaza, 165 Broadway, New York, NY, 10006, (fax requests - 212-428-6260); or Cormark Securities Inc. - in Canada, call 416-943-6405, in the U.S., call 1-800-461-2275.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The Company has been engaged in the business of exploration and development of mining projects since 1956, and is presently focusing its management and financial resources on its most significant asset, the Brisas gold and copper project, located in Bolivar State, Venezuela.

SPOKANE, Wash., May 15, 2007 (BUSINESS WIRE) -- Gold Reserve Inc. (CA:GRZ) (GRZ: gold resv inc cl a) announced today that it has entered into underwriting agreements in connection with concurrent cross-border public offerings of US$90,000,000 aggregate principal amount of its 5.50% Senior Subordinated Convertible Notes due 2022 ("Convertible Notes") and 12,800,000 Class A common shares ("Common Shares") at US$5.80 per share (Cdn$6.42 per share) for aggregate gross proceeds to the Company of US$164,240,000. Aggregate net proceeds from the offerings are expected to be approximately US$154,775,000, after deducting underwriting fees and estimated offering expenses.
The Company has also granted to the underwriters an option for a period of 13 days to purchase up to an additional US$13,500,000 principal amount of its Convertible Notes and an option for a period of 30 days to purchase up to an additional 1,920,000 Common Shares, in each case, to cover over-allotments, if any.
The Convertible Notes are being offered and sold at their stated principal amount (US$1,000 per Convertible Note) and will have a semi-annual cash interest coupon of 5.50% per year. Each US$1,000 principal amount of Convertible Notes will be convertible at the option of the holder into 132.626 Common Shares, subject to adjustment, representing an initial conversion price of US$7.54.
The closing of the offerings is expected to occur on May 18, 2007. Neither offering is contingent on the completion of the other.
J.P. Morgan Securities Inc. and RBC Capital Markets are acting as joint book running managers for the offerings with Cormark Securities Inc. acting as co-manager.
The Company intends to use the net proceeds from the offerings to fund construction activities, equipment purchases and ongoing development of its Brisas project.
Copies of the prospectuses relating to the Convertible Notes and the Common Shares may be obtained from the underwriters or their respective U.S. or Canadian affiliates as follows: J.P. Morgan Securities Inc. at National Statement Processing, Prospectus Library, 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245, telephone: 718-242-8002; RBC Capital Markets - in Canada, call 416-842-5345, in the U.S., RBC Capital Markets Corporation, Attention: Prospectus Department, One Liberty Plaza, 165 Broadway, New York, NY, 10006, U.S.A. (fax requests - 212-428-6260); or Cormark Securities Inc. - in Canada, call 416-943-6405, in the U.S., call 1-800-461-2275.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The Company has been engaged in the business of exploration and development of mining projects since 1956, and is presently focusing its management and financial resources on its most significant asset, the Brisas gold and copper project, located in Bolivar State, Venezuela.

Last Update: 9:42 AM ET May 15, 2007

May 15, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
Gold Reserve Inc. (GRZ) has entered into underwriting agreements to raise a total of $254.2 million.
The Spokane, Wash. mining company said it will sell $90 million principal amount of 5.50% senior subordinated convertible notes due 2022 and 12.8 million Class A common shares at $5.80 a share.
It said it has granted to the underwriters options for up to an additional $13.5 million principal amount of notes and 1,920,000 common shares.
Each $1,000 principal amount of notes will be convertible into 132.626 common shares, representing an initial conversion price of $7.54 a share.
J.P. Morgan Securities Inc. and RBC Capital Markets are acting as joint book-running managers for the offerings.
It said it intends to use proceeds from the offerings to fund construction activities, equipment purchases and ongoing development of its Brisas project.

Gold Reserve Inc. Announces Pricing Of Concurrent Cross-border Public Offerings>GRZ.T

DENVER, May 16, 2007 (BUSINESS WIRE) -- Apollo Gold Corporation ("Apollo" or the "Company") (CA:APG) (AGT: apollo gold corp com) is pleased to report the status of its Black Fox project located east of Timmins, Ontario.
Permitting at Black Fox
Apollo is pleased to report that applications for environmental permits to mine and mill 1,500 tonnes per day were submitted in May 2007 for its Black Fox project for a combined open pit and underground operation.
The company has submitted a Notice of Project Status, as required under Section 141.(1)(a) of the Mining Act, R.S.O., Chapter M14 for Mine Production. The Notice of Project Status indicates that the project will be changing status from an advanced exploration project to a mine development and production project. Further applications for Certificates of Approval, Public Notification, and New Certified Closure Plans, also in accordance with the Mining Act, are also underway. The permits and operating certificate that were applied for were for both mining and processing facilities for the purpose of extracting gold and converting it into dore at the Black Fox Project.
Apollo has been conducting and commissioning studies, assessments, and technical reports for its Black Fox project since 2003, with AMEC Earth & Environmental of Mississauga, Ontario, being the lead consultant pertaining to permitting studies, assessments, and reporting.
Drilling at Black Fox
Apollo is also pleased to report that a 10,000 meter surface core drilling program commenced in May 2007. The program will focus on testing the Black Fox deposit at depth and along strike and if successful would add to the overall resources of the project. Other mines in the Timmons district are known for their deposit depths and we therefore plan to drill to a depth of 800 meters, which is 400 meters below our existing resources.
Norex Drilling Ltd. of South Porcupine, Ontario has been contracted to conduct the surface drill program.
Black Fox Feasibility Study
Apollo confirms that SRK Consulting Group, a third party engineering company, continues to be on schedule to produce an underground resource/reserve statement (Canadian National Instrument 43-101) in the second quarter 2007. Apollo expects that the feasibility study, which will include the already published open pit reserves as well as the underground reserves, will be completed by SRK in the Fourth Quarter 2007. Apollo anticipates that the proposed project will be a combined open pit/underground mining operation with a 1,500 tonnes per day mill facility on site.
The Black Fox project is located on the Destor Porcupine Fault Zone (DPFZ) in the Larder Lake Mining Division of Ontario which has produced over 70 million ounces of gold since 1910 from various properties on the trend including Dome, Hollinger, McIntyre, Pamour, Hoyle Pond and Ross Mines.
Apollo Gold Corporation
Apollo is a gold mining and exploration company which operates the Montana Tunnels mine, which is a 50% joint venture with Elkhorn Tunnels, LLC, the Black Fox advanced stage development project in Ontario, Canada, and the Huizopa project, an early stage exploration project in the Sierra Madres in Chihuahua, Mexico.

DENVER, May 15, 2007 (BUSINESS WIRE) -- Apollo Gold Corporation ("Apollo" or the "Company") (CA:APG) announced today a net loss of $4.6 million, or $0.03 per share, for the three months ended March 31, 2007, as compared to a net loss of $4.2 million, or $0.04 per share, for the three months ended March 31, 2006. Unless otherwise indicated, all dollar amounts are reported in US currency.
R. David Russell, President and CEO of Apollo, said, "I am pleased that we achieved our primary target for the quarter which was to complete the remediation of the Montana Tunnels mine and bring it back into production at the beginning of March 2007. The cost of the repair was approximately $15.5 million, towards which our 50/50 joint venture partner (Elkhorn Tunnels, LLC) contributed $14.25 million. The production and total cash costs results in March were encouraging and I now look forward to a quarter of steady metal production from the mine."

Last Update: 9:15 AM ET May 9, 2007

GOLDEN, Colo., May 9, 2007 /PRNewswire-FirstCall via COMTEX/ -- Canyon Resources Corporation (CAU: CAU) , a Colorado-based mining company, is pleased to provide a summary of the unaudited results for the Company's first quarter ended March 31, 2007.

Financial Results
We recorded a net loss of $1.5 million, or negative $0.03 per share, on revenues of $0.1 million for the quarter ended March 31, 2007. This compares to a net loss of $0.4 million, or negative $0.01 per share, on revenues of $0.6 million for the quarter ended March 31, 2006. The negative variance of $1.1 million in net loss was due primarily to the following factors:

* Negative variance of $0.1 million in gross margin from gold sales due
to the reduction in gold sales and production.
* Negative variance of $0.3 million in exploration costs due to increased
drilling activity at Briggs and Reward in the current quarter compared
to last year.
* Negative variance of $0.8 million related to last year's gain on sales
of securities.
* Positive variance of $0.1 million related to last year's fair market
adjustment due to the increase in warrant liabilities.

We ended the quarter with $2.1 million of unrestricted cash and short term investments. The $1.5 million of short term investments are all auction rate certificates that have maturities ranging from seven to 28 days. Cash used in operations during first quarter of 2007 amounted to $1.5 million and capital spending at the Briggs Mine totaled $0.4 million. Significant sources and uses of cash from operations are summarized as follows:

* Selling general and administrative spending amounted to $0.8 million.
-- Includes holding costs at the Briggs Mine of $0.3 million.
* Exploration spending amounted to $0.6 million.
* $0.4 million was reclassed to restricted cash for funding an inflation
adjustment to our reclamation bonds and for additional bond collateral
at Briggs, offset by the return of $0.5 million of restricted cash from
the elimination of reclamation liability and release of bonds related
to the former McDonald Project.
* Asset retirement obligation spending amounted to $0.2 million primarily
for the Kendall Mine operations and continued leach pad dewatering at
the Briggs Mine.

For the first quarter ended March 31, 2007, we had gold sales of 100 ounces at an average price of $668. For the comparable period of 2006, we sold 1,045 ounces of gold at an average price of $567. The London PM Fix gold price averaged $650 and $555 per ounce for the first quarter 2007 and 2006, respectively.

COEUR D'ALENE, Idaho, May 08, 2007 (BUSINESS WIRE) -- Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) : -- HIGHLIGHTS --
-- 32% increase in pretax income to $17.7 million
-- 32% increase in cash provided by operations to $22.7 million
-- 13% increase in sales of metal
-- 2.6 million ounces of silver production and 25,000 ounces of gold production
-- Construction advances at San Bartolome; commercial production expected in early 2008
-- Began work on new mill at the Martha mine in Argentina
-- Increase in San Bartolome silver mineral reserves and resources
-- Announced proposed merger to create world's leading primary silver company
Coeur d'Alene Mines Corporation (CDE: Coeur d'Alene Mines Corporation) (CA:CDM) today reported net income of $14.0 million, or $0.05 per diluted share, for the first quarter of 2007, compared to net income of $14.3 million, or $0.05 per diluted share, for the year-ago period.
Income from continuing operations before taxes increased 32 percent, to $17.7 million, as compared to $13.4 million in the year-ago period. Cash flow from operations increased 32 percent, to $22.7 million in the first quarter of 2007, as compared to $17.2 million in the year-ago period.
Metal sales for the first quarter of 2007 increased nearly 13 percent, to $50.9 million, as compared to $44.9 million in the year-ago quarter.
In commenting on the company's performance relative to the year-ago quarter, Dennis E. Wheeler, Chairman, President and Chief Executive Officer, said, "The company's improved pretax income was driven by higher realized prices and particularly strong operating results at the Rochester, Endeavor, and Martha mines. The change in net income was due largely to an income tax provision of $3.7 million in the first quarter of 2007 as compared to an income tax benefit of $0.3 million in the year-ago quarter. Separately, we are pleased with the construction progress at San Bartolome and look forward to placing the mine into production by the first quarter of 2008. San Bartolome is projected to add 9 million ounces of silver production in 2008."
Wheeler added, "As the year progresses, we expect to see quarterly production levels that are consistently above the levels of the first quarter of 2007."
Wheeler also commented on the company's recent agreement to merge with Bolnisi Gold and Palmarejo Silver and Gold. "The transaction represents a transformation of Coeur into the world's leading primary silver-producing company. By virtue of the transaction, Coeur will be positioned to produce an expected 32 million ounces of silver and 290,000 ounces of gold in 2009. We look forward to delivering the significant benefits of the combination to all shareholders."

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.

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: 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.

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: 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.

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%.

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.