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08:19 EDTGG
theflyonthewall.com: Goldcorp updates 2009 exploration program
Goldcorp provided highlights of its successful $110M 2009 exploration program.Red Lake High Grade Zone Continues at Depth. Several assay intervals in excess of 60 grams per tonne in the deep High Grade Zone support the strong potential for gold resource to reserve conversion between the 46 and 50 levels, as well as for new gold resources below the 50 level.- More Upside Potential at Penasquito. - New Gold Discoveries at Porcupine's Hoyle Pond.- Musselwhite Grades Improving at Depth. Strong results in the C and D Blocks of the core PQ Deeps underground underscore the potential for overall grade increases as the ore body continues downward.- Reserve Additions Likely at Los Filos. Drilling has extended the Bermejal pit to the south, and results also indicate the emergence of an additional Los Filos-style deposit in the 4P area.- Eleonore Resource Continues to Improve. In-fill drilling shows growing potential ahead of pre-feasibility study completion by year-end. Preparations are underway for the sinking of the exploration shaft.-High Grade Vein Identified at Marlin Underground. A fourth high grade intercept has extended a gold and silver vein in Marlin's West Vero area. Also in Guatemala, in-fill drilling at the Escobal silver discovery is expected to significantly increase the existing resource. :theflyonthewall.com



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February 3, 2010
06:21 EDTGG
theflyonthewall.com: Goldcorp initiated with a Hold at Deutsche Bank

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January 26, 2010
08:22 EDTGG
theflyonthewall.com: Goldcorp volatility approaches two-year lows; gold at $1092

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