April 5, 2005
Vancouver, BC – April 5, 2005 – GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to declare its fourth monthly dividend payment for 2005 of $0.015 per share. Shareholders of record at the close of business on Monday, April 18, 2005 will be entitled to receive payment of this dividend on Tuesday, April 26, 2005.
In February 2005, Goldcorp announced that its offer for Wheaton River was successful and this merger is expected to be finalized in April 2005. The combined company, which continues as Goldcorp under the direction of Wheaton River management, creates the world’s lowest cost million ounce gold producer, with 2005 gold production expected to exceed 1.1 million ounces of gold at a cash cost of less than US$60 per ounce. By 2007, gold production is expected to grow to over 1.5 million ounces. The combined company has a strong balance sheet with approximately US$500 million in cash and gold bullion, and no debt.
For further information, please contact:
Julia Hasiwar
Director, Investor Relations
Goldcorp Inc.
1560-200 Burrard Street
Vancouver, British Columbia, V6C 3L6
Telephone: (604) 696-3011
Fax: (604) 693-3001
Email: info@goldcorp.com
Website: www.goldcorp.com