TSX: G C$39.92 -0.95 NYSE: GG US$39.20 -0.82

Musselwhite

- Geology

- Mining

Joint Ventures / Partnerships

MUSSELWHITE

Musselwhite is principally an underground gold mine and associated processing plant producing nearly a quarter of a million ounces of gold annually. The mine is situated in northwestern Ontario, Canada and is 100% owned by Goldcorp Inc. Musselwhite has established an innovative agreement with the First Nation people which provides for a range of education, training, employment and business related services for local communities.

With existing mineral reserves, the Musselwhite Mine has an expected mine life through to 2016. Gold production for 2008 totaled 210,000 ounces.

OPERATING STATISTICS

Musselwhite	2004 (actual)*	2005 (actual)*	2006 (actual)*	2007 (actual) **	2008 (actual)
Ore milled Tonnes(000’s)	992	1005	884,900	911,100	1,237.8
Milled grade Au g/t	5.35	5.44	5.51	5.41	5.56
Total Recovery Au %	95.76	95.01	95	96	95
Oz. Produced Au Oz	163,231	170,260	148,800	155,700	210,500
Total Cash Cost US$/oz	$269	$324	$425	$491	$611

* Operating statistics for 2004, 2005, 2006 represent 68% ownership of Musselwhite mine.

** On December 21, 2007, Goldcorp acquired Kinross Gold Corporation’s 32% interest in the Musselwhite gold mine, and, as a result, the table above reflects Goldcorp’s 100% ownership from December 21, 2007.

Musselwhite Drill Hole Data

Musselwhite Assays

Thunderwolves Drill Hole Results

Moose Drill Hole Results

North Shore Drill Hole Results

PQ Deeps A Drill Hole Results

PQ Deeps B Drill Hole Results

Musselwhite Maps

Musselwhite Maps May 2009