Goldcorp's El Sauzal Mine Receives International Cyanide Certification

* Reuters is not responsible for the content in this press release.

Mon Mar 31, 2008 9:31am EDT

  VANCOUVER, BRITISH COLUMBIA, Mar 31 (MARKET WIRE) -- 
 GOLDCORP INC. (TSX: G)(NYSE: GG) announced today that its El Sauzal mine
in Mexico has become the first gold mining operation in Mexico to be
fully certified under the International Cyanide Management Code for the
Manufacture, Transport and Use of Cyanide in the Production of Gold ("the
Cyanide Code"). El Sauzal was 2007's largest gold producer in Mexico, at
over 300,000 ounces. Early in 2007, Goldcorp announced that its Marigold
mine in Nevada (66.7% Goldcorp, 33.3% Barrick) had become the first gold
mine in the world to be fully certified under the Cyanide Code.

    The Cyanide Code is a voluntary industry program for companies involved
in the production of gold using cyanide. It was developed under the
auspices of the United Nations Environment Programme with the goal of
safeguarding human health and the environment by promoting responsible
management of cyanide used in gold mining.

    "El Sauzal's certification is the latest example of Goldcorp's ongoing
commitment to operating to the highest possible standards, to being
responsible stewards of the environment and to partnering with the
communities in which we work," said Kevin McArthur, Goldcorp President &
Chief Executive Officer.

    Goldcorp is the lowest-cost and fastest growing multi-million ounce gold
producer with operations throughout the Americas. Its gold production
remains 100% unhedged.

    Cautionary Note Regarding Forward-Looking Statements

    Safe Harbor Statement under the United States Private Securities
Litigation Reform Act of 1995: Except for the statements of historical
fact contained herein, the information presented constitutes
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements, including
but not limited to those with respect to the price of gold, silver,
copper, zinc and lead, the timing and amount of estimated future
production, costs of production, reserve determination and reserve
conversion rates involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievement of
Goldcorp to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements.
Such factors include, among others, risks related to the integration of
acquisitions, risks related to international operations, risks related to
joint venture operations, the actual results of current exploration
activities, actual results of current reclamation activities, conclusions
of economic evaluations, changes in project parameters as plans continue
to be refined, future prices of gold, silver and copper, zinc and lead as
well as those factors discussed in the section entitled "General
Development of the Business - Risks of the Business" in Goldcorp's Form
40-F on file with the Securities and Exchange Commission in Washington,
D.C. and Goldcorp's Annual Information Form on file with the securities
regulatory authorities in Canada. Although Goldcorp has attempted to
identify important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements.

Contacts:
Goldcorp Inc.
Jeff Wilhoit
Vice President, Investor Relations
(604) 696-3074
(604) 696-3001 (FAX)
Email: info@goldcorp.com
Website: www.goldcorp.com

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