This past July 26, 2017 Goldcorp provided an update for its 2017 exploration program.

Here are some of the highlights of this report:

• Generative work at Peñasquito, located in the Mexican state of Zacatecas, yields further targets and property acquisition. An additional nine targets have been added at Peñasquito and plans are underway to complete regional reverse circulation drilling though cover sequences. La Pinta 06 mining concession was acquired for $225,000. Peñasquito is Mexico’s largest gold producer, consisting of two open pits – Peñasco and Chile Colorado – containing gold, silver, lead and zinc. The focus at Penasquito is on optimization to drive consistent results.

• Drilling at the Coffee Project, located south of the City of Dawson, Yukon; adds to resource potential. The drilling results from Arabica and Supremo T8-9 confirmed continuity of mineralization, infill drilling at Latte confirms geologic model and first results from Decaf confirm prosperity.

• Drilling at Cerro Negro, located in the Santa Cruz province of Argentina continues to return positive results this increasing exploration budget. Said increase when from $20 million to $26 million to accelerate testing of early stage targets with drilling planned at Silica Cap, Eureka SE, San Marcos West, San Marcos Sur and Marina Sur.

“With the disposal of non-core assets and the acquisition of the Maricunga district joint venture with Barrick during the first half of 2017, the Company has seen a net increase in its gold reserves from 42 million to 50 million ounces”, said Paul Harbidge, Senior Vice President of Exploration. “With and enviable portfolio of brownfield exploration opportunities within our key mining districts and good progress on our exploration programs, we are maintaining our five year 20% gold reserve growth target, which would now see gold reserves increase to 60 million ounces by 2021, up from the previous target of 50 million ounces.”