Toronto Stock Exchange: G New York Stock Exchange: GG Goldcorp Provides Update On 2009 Exploration Program VANCOUVER, British Columbia, November 24, 2009 � Goldcorp Inc.

(TSX: G, NYSE: GG) today provided highlights of its successful $110 million 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.

A new and growing area of high grade gold called the Far East Zone has also been identified up-plunge from the High Grade Zone.

In the under-explored Party Wall area (�R Zone�) between Campbell and Red Lake, strong results from the deepest drilling will direct an aggressive exploration campaign in 2010.

* More Upside Potential at Pe�asquito.

At the Noche Buena deposit north of the Pe�asquito mine, in-fill drilling is expected to result in an upgrade of the gold resource at this key satellite project.

In addition, high grade intercepts in the deeper sulfides demonstrate the potential for a sulfide resource beneath Noche Buena�s oxide cap.

The potential integration of this project with the Canplats acquisition will be evaluated following completion of the transaction, expected in January 2010.

At Pe�asquito, a drill test program is now underway to confirm the current high-grade manto-skarn underground model. * New Gold Discoveries at Porcupine�s Hoyle Pond.

Ore-grade gold intercepts in the newly-discovered TVZ zone situated laterally from the Hoyle Pond underground are showing continuity over a large vertical distance.

Another new lateral zone (�North Mafic�) has also been discovered, with narrow intercepts of high grade gold.

In-fill drilling in the VAZ zone at Hoyle Pond continues to exceed expectations, indicating significant additional depth potential consistent with historic underground gold mines in the prolific Timmins gold district. * 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. * �l�onore 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.

�The ability to grow organically is a key strategic attribute of Goldcorp, and the high quality of our operations and development projects makes that organic growth possible,� said Chuck Jeannes, Goldcorp President and Chief Executive Officer.

�The broad-based exploration success we are experiencing is a direct result of an asset portfolio that is young, long-lived and highly prospective.

This combination of very low finding costs for new gold ounces with the lowest cash operating costs in the industry translates into outstanding leverage to gold prices for our shareholders.� Click here to view the complete release: http://www.goldcorp.com/news/goldcorp/index.php?content_id=737
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