GOLDCORP MINERAL RESOURCES |
MEASURED |
INDICATED |
MEASURED & INDICATED |
INFERRED |
| As of December 31, 2011 |
Tonnage |
Grade |
Contained |
Tonnage |
Grade |
Contained |
Tonnage |
Grade |
Contained |
Tonnage |
Grade |
Contained |
| GOLD |
|
mt |
g Au/t |
m oz |
mt |
g Au/t |
m oz |
mt |
g Au/t |
m oz |
mt |
g Au/t |
m oz |
| Alumbrera |
37.5% |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Camino Rojo |
100.0% |
28.99 |
0.66 |
0.61 |
111.90 |
0.60 |
2.17 |
140.88 |
0.62 |
2.79 |
27.39 |
0.40 |
0.36 |
| Cerro Blanco |
100.0% |
- |
- |
- |
2.52 |
15.64 |
1.27 |
2.52 |
15.64 |
1.27 |
1.35 |
15.31 |
0.67 |
| Cerro Negro |
100.0% |
- |
- |
- |
5.24 |
3.26 |
0.55 |
5.24 |
3.26 |
0.55 |
4.56 |
7.12 |
1.04 |
| Cochenour |
100.0% |
- |
- |
- |
- |
- |
- |
- |
- |
- |
9.27 |
10.77 |
3.21 |
| Dee |
40.0% |
- |
- |
- |
12.99 |
1.32 |
0.55 |
12.99 |
1.32 |
0.55 |
6.33 |
0.77 |
0.16 |
| El Morro |
70.0% |
24.54 |
0.36 |
0.28 |
84.80 |
0.28 |
0.77 |
109.34 |
0.30 |
1.05 |
536.04 |
0.25 |
4.22 |
| El Sauzal |
100.0% |
1.45 |
0.92 |
0.04 |
0.70 |
1.51 |
0.03 |
2.15 |
1.11 |
0.08 |
0.04 |
1.35 |
0.00 |
| Eleonore |
100.0% |
0.14 |
10.01 |
0.04 |
1.23 |
11.05 |
0.44 |
1.36 |
10.95 |
0.48 |
12.25 |
10.60 |
4.17 |
| Los Filos |
100.0% |
7.89 |
1.95 |
0.50 |
42.70 |
1.04 |
1.42 |
50.58 |
1.18 |
1.92 |
158.37 |
0.77 |
3.91 |
| Marigold |
66.7% |
1.24 |
0.41 |
0.02 |
18.68 |
0.42 |
0.25 |
19.92 |
0.42 |
0.27 |
6.68 |
0.45 |
0.10 |
| Marlin |
100.0% |
0.08 |
2.49 |
0.01 |
0.47 |
2.20 |
0.03 |
0.55 |
2.24 |
0.04 |
0.85 |
3.47 |
0.09 |
| Musselwhite |
100.0% |
0.15 |
4.81 |
0.02 |
0.70 |
5.50 |
0.12 |
0.85 |
5.38 |
0.15 |
4.99 |
5.72 |
0.92 |
| Noche Buena |
100.0% |
- |
- |
- |
71.75 |
0.42 |
0.96 |
71.75 |
0.42 |
0.96 |
17.67 |
0.42 |
0.24 |
| Penasquito Heap Leach |
100.0% |
4.07 |
0.05 |
0.01 |
24.81 |
0.07 |
0.05 |
28.88 |
0.07 |
0.06 |
56.21 |
0.16 |
0.29 |
| Penasquito Mill |
100.0% |
136.24 |
0.16 |
0.68 |
512.93 |
0.18 |
2.95 |
649.17 |
0.17 |
3.63 |
146.70 |
0.19 |
0.90 |
| Porcupine |
100.0% |
45.99 |
1.18 |
1.75 |
146.64 |
1.09 |
5.12 |
192.63 |
1.11 |
6.87 |
15.10 |
2.08 |
1.01 |
| Pueblo Viejo |
40.0% |
1.39 |
2.14 |
0.10 |
71.30 |
1.88 |
4.30 |
72.69 |
1.88 |
4.40 |
9.05 |
1.61 |
0.47 |
| Red Lake |
100.0% |
2.15 |
15.01 |
1.04 |
4.59 |
11.36 |
1.68 |
6.74 |
12.52 |
2.71 |
2.98 |
14.09 |
1.35 |
| San Nicolas |
21.0% |
0.40 |
0.96 |
0.01 |
16.40 |
0.47 |
0.25 |
16.79 |
0.48 |
0.26 |
1.47 |
0.37 |
0.02 |
| Wharf |
100.0% |
0.75 |
0.78 |
0.02 |
5.36 |
0.80 |
0.14 |
6.11 |
0.80 |
0.16 |
- |
- |
- |
| Totals |
|
|
|
5.12 |
|
|
23.08 |
|
|
28.20 |
|
|
23.13 |
| SILVER |
|
mt |
g Ag/t |
m oz |
mt |
g Ag/t |
m oz |
mt |
g Ag/t |
m oz |
mt |
g Ag/t |
m oz |
| Camino Rojo |
100.0% |
28.99 |
13.50 |
12.55 |
111.90 |
11.10 |
40.00 |
140.88 |
11.60 |
52.55 |
27.39 |
6.70 |
5.88 |
| Cerro Blanco |
100.0% |
- |
- |
- |
2.52 |
72.00 |
5.80 |
2.52 |
72.0 |
5.80 |
1.35 |
59.60 |
2.60 |
| Cerro Negro |
100.0% |
- |
- |
- |
5.24 |
18.45 |
3.11 |
5.24 |
18.45 |
3.11 |
4.56 |
35.11 |
5.15 |
| Dee |
40.0% |
- |
- |
- |
12.99 |
8.84 |
3.69 |
12.99 |
8.84 |
3.69 |
6.33 |
6.98 |
1.42 |
| Los Filos |
100.0% |
7.89 |
9.55 |
2.42 |
42.70 |
7.24 |
9.94 |
50.58 |
7.60 |
12.37 |
158.37 |
5.86 |
29.86 |
| Marlin |
100.0% |
0.08 |
120.86 |
0.30 |
0.47 |
89.09 |
1.35 |
0.55 |
93.54 |
1.65 |
0.85 |
202.29 |
5.50 |
| Noche Buena |
100.0% |
- |
- |
- |
71.75 |
14.06 |
32.44 |
71.75 |
14.06 |
32.44 |
17.67 |
13.92 |
7.91 |
| Penasquito Heap Leach |
100.0% |
4.07 |
4.61 |
0.60 |
24.81 |
3.85 |
3.07 |
28.88 |
3.95 |
3.67 |
56.21 |
1.67 |
3.01 |
| Penasquito Mill |
100.0% |
136.24 |
13.11 |
57.43 |
512.93 |
12.40 |
204.54 |
649.17 |
12.55 |
261.97 |
146.70 |
8.81 |
41.54 |
| Pueblo Viejo |
40.0% |
1.39 |
12.53 |
0.56 |
71.30 |
10.39 |
23.82 |
72.69 |
10.43 |
24.37 |
9.05 |
12.76 |
3.71 |
| San Nicolas |
21.0% |
0.40 |
46.54 |
0.59 |
16.40 |
28.59 |
15.07 |
16.79 |
29.01 |
15.66 |
1.47 |
23.83 |
1.13 |
| Wharf |
100.0% |
0.75 |
1.67 |
0.04 |
5.36 |
3.68 |
0.64 |
6.11 |
3.44 |
0.68 |
- |
- |
- |
| Totals |
|
|
|
74.49 |
|
|
343.47 |
|
|
417.97 |
|
|
107.69 |
| COPPER |
|
mt |
% Cu |
m lbs Cu |
mt |
% Cu |
m lbs Cu |
mt |
% Cu |
m lbs Cu |
mt |
% Cu |
m lbs Cu |
| Alumbrera |
37.5% |
- |
0.00% |
- |
- |
0.00% |
- |
- |
0.00% |
- |
- |
0.00% |
- |
| El Morro |
70.0% |
24.54 |
0.35% |
187 |
84.80 |
0.31% |
572 |
109.34 |
0.31% |
758 |
536.04 |
0.34% |
3,979 |
| Pueblo Viejo |
40.0% |
1.39 |
0.12% |
4 |
71.30 |
0.08% |
132 |
72.69 |
0.08% |
136 |
9.05 |
0.08% |
15 |
| San Nicolas |
21.0% |
0.40 |
0.73% |
7 |
16.40 |
1.34% |
485 |
16.79 |
1.33% |
491 |
1.47 |
1.28% |
41 |
| Totals |
|
|
|
197 |
|
|
1,189 |
|
|
1,385 |
|
|
4,036 |
| LEAD |
|
mt |
% Pb |
m lbs Pb |
mt |
% Pb |
m lbs Pb |
mt |
% Pb |
m lbs Pb |
mt |
% Pb |
m lbs Pb |
| Penasquito Mill |
100.0% |
136.24 |
0.14% |
411 |
512.93 |
0.12% |
1,367 |
649.17 |
0.12% |
1,778 |
146.70 |
0.13% |
436 |
| Camino Rojo |
100.0% |
28.99 |
0.23% |
150 |
111.90 |
0.17% |
429 |
140.88 |
0.19% |
580 |
27.39 |
0.08% |
50 |
| Totals |
|
|
|
561 |
|
|
1,796 |
|
|
2,357 |
|
|
486 |
| ZINC |
|
mt |
% Zn |
m lbs Zn |
mt |
% Zn |
m lbs Zn |
mt |
% Zn |
m lbs Zn |
mt |
% Zn |
m lbs Zn |
| Penasquito Mill |
100.0% |
136.24 |
0.37% |
1,100 |
512.93 |
0.32% |
3,670 |
649.17 |
0.33% |
4,770 |
146.70 |
0.26% |
828 |
| Camino Rojo |
100.0% |
28.99 |
0.37% |
238 |
111.90 |
0.37% |
912 |
140.88 |
0.37% |
1,150 |
27.39 |
0.25% |
154 |
| San Nicolas |
21.0% |
0.40 |
3.60% |
31 |
16.40 |
1.80% |
651 |
16.79 |
1.84% |
682 |
1.47 |
1.43% |
47 |
| Totals |
|
|
|
1,369 |
|
|
5,234 |
|
|
6,602 |
|
|
1,029 |
Goldcorp December 31, 2011 Reserve and Resource Reporting Notes:
|
1 |
All Mineral Reserves and Mineral Resources have been calculated in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101, or the AusIMM JORC equivalent. |
|
2 |
All Mineral Resources are reported exclusive of Mineral Reserves. |
|
3 |
Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. |
|
4 |
Reserves and Resources are reported as of December 31, 2011, with the following conditions or exceptions: |
|
1
2
3
4
|
Reserves and Resources for Pueblo Viejo are as per information provided by Barrick Gold Corporation.
Reserves and Resources for Dee are as per information provided by Barrick Gold Corporation.
Resources for San Nicolas are as per information provided by Teck Resources Limited (2001 Study).
Reserves and Resources for Marigold are as of December 1, 2011. |
|
5 |
Mineral Reserves are estimated using appropriate recovery rates and US$ commodity prices of $1,200 per ounce of gold, $20 per ounce of silver, $2.75 per pound of copper, $0.80 per pound of lead, and $0.85 per pound of zinc, unless otherwise noted below: 1 Alumbrera $1,400/oz gold and $3.20/lb copper 2 Pueblo Viejo, Dee $1,200/oz gold, $22/oz silver, $2.75/lb copper |
|
6 |
Mineral Resources are estimated using US$ commodity prices of $1,350 per ounce of gold, $24 per ounce of silver, $3.25 per pound of copper, $0.95 per pound of lead, and $0.95 per pound of zinc, unless otherwise noted below; 1 Pueblo Viejo, Dee $1,350/oz gold, $24/oz silver, $3.25/lb copper 2 San Nicolas $300/oz gold, $5.00/oz silver, $0.90/lb copper, $0.50/lb zinc
|
Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Resources:
These tables use the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.
Scientific and technical information was reviewed and approved by Maryse Belanger, P.Geo., Vice President, Technical Services for Goldcorp, and a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”).