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Goldcorp Inc.

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Summary

Project:

Musselwhite

Deposit:Musselwhite
Location:Canada
Commodities:Gold
Date:2/15/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:15-2-2017: Goldcorp Inc. announces an Exploration/Drilling Update report for its Musselwhite deposit at the Musselwhite project. Drilling results incl. 16.8m @ 11.53g/t Au from 165.9m. GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to provide an update on it
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Sally Goodman (Internal)
ABSTRACT:GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to provide an update on its 2016/2017 exploration program. Representative drill results are given below; website links to further information including full drill results, drill co-ordinates, QA/QC information and relevant diagrams are provided at the end of each section. "Exploration advanced aggressively across the Company's project portfolio during the fourth quarter of 2016, in line with the brownfields strategic focus of reserve replacement, as well as providing a pipeline of future opportunities for evaluation," said Paul Harbidge, Senior Vice-President, Exploration. "During the quarter, we also continued to advance generative studies across a number of the districts for reinterpretation of the geological information, with the aim of extending the reserves and resources of our current operations. In 2017, with an exploration budget currently targeted at $100 million, we are focused on expanding and upgrading the quality of our reserves and resources through the continuation of our drill programs and the review of the results as we complete our generative study work." During the fourth quarter of 2016 exploration at Musselwhite was focused on resource conversion in the PQ Deeps C Block as well as continuing to infill and expand the West Limb. Sixteen holes drilled on C Block drilling confirmed the continuation of strong mineralization with grades above the current run of mine (ROM) which are associated with a synformal fold closure. Four holes in the core of the zone, drillholes 16-PQE-046, 16-PQE-047, 16-PQE-057 and 16-PQE-067, returned grades 7g/t or higher over true widths 10m or more, with marginal areas of the zone being both thinner and lower grade. Results from the northernmost sections indicate the emergence of an additional zone of mineralization, higher upsection, which if continuous as projected will potentially increase the vertical extent of the zone up the fold limb.

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