Acoustic Zoom wins #DisruptMining 2018

Unlocking the potential of Canada's mineral exploration sector with high frequency 3D seismic imaging

VANCOUVER, March 5, 2018 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp") is pleased to announce that Acoustic Zoom is the winner of #DisruptMining 2018, the innovation accelerator designed to encourage new technologies and ideas to solve some of the biggest challenges in mining. Acoustic Zoom impressed the judges with their ultra high-frequency 3D drill hole seismic imaging and earned the opportunity to negotiate a contract or investment of up to $1 million¹ with Goldcorp.

"Our vision is to give confidence to investors by augmenting the value of drill results using our innovative acoustic technology," said Jacques Guigné, CEO and Chief Scientist Professor, Acoustic Zoom. "Our technology maps deep within the earth's microstructure, helping exploration teams drill smarter, guide planning and achieve investment value quick. We are thrilled that Goldcorp and the judging panel of industry titans sees this value and champions our vision."

"Technologies like the one presented by Acoustic Zoom will get us to our vision of being a technology company - and a mining company - faster," said Todd White, COO, Goldcorp. "Each of the finalists brought something unique to the challenge making the deliberation process difficult for the judges. It was crystal clear at the #DisruptMining finale last night that disruptors are responding to our call to innovate."

"Congratulations to Acoustic Zoom for winning #DisruptMining 2018. At KPMG we are proud to help dynamic, innovative companies achieve their ambitions and drive change. A special thank you to all the finalists and semi-finalists for being visionaries, pushing boundaries and representing the future of Canadian business," said Elio Luongo, CEO KPMG, official Co-Host of #DisruptMining.

Acoustic Zoom aims to unlock the potential of Canada's mineral exploration sector with high frequency 3D imaging to help map complex geological formations deep within the earth's micro-structure.  After earning a spot as a semi-finalist in #DisruptMining 2017, Acoustic Zoom perfected their technology and submitted again in 2018 earning a spot as a finalist. A breakthrough in its ultra high-frequency 3D drill hole seismic imaging method provides an unprecedented resolution of subsurface geological structures, while reducing their 3D survey costs by up to 90 percent. Acoustic Zoom's method is intended to help exploration teams drill smarter, guide planning and achieve investment value quicker with more actionable and accurate information.

Deciding the fate of the four finalists was a panel of industry titans:

• George Salamis, President & CEO, Integra Resources
• Rob McEwen, Founder and CEO, McEwen Mining
• Todd White, COO, Goldcorp
• Veronica Knott, University of British Columbia Mining Engineering student and 2017 Engineers Canada Gold Medal Student Award recipient, and
• Wal van Lierop, President & CEO, Chrysalix Venture Capital

CEO David Garofalo announced that net proceeds of $230,000 from the #DisruptMining live finale will be granted toward mining, innovation and technology scholarships to the University of British Columbia over the next three years. In addition to the scholarships, Goldcorp and KPMG announced a $100,000 pledge to HEROS hockey program, which helps vulnerable kids participate in hockey programs.

About #DisruptMining

#DisruptMining is an innovation accelerator designed to encourage new technologies and ideas to solve some of the biggest opportunities and challenges in mining.  Over 100 submissions were entered into #DisruptMining 2018, representing completely new ideas and disruptive technologies that will benefit the entire mining industry. On March 4, 2018, during the annual Prospectors and Developers Association of Canada (PDAC) conference, semi-finalists had the opportunity to showcase their ideas at the innovation expo, the largest innovation-focused networking event at PDAC. Four #DisruptMining finalists pitched their competing ideas at the live "shark-tank" style gala, co-hosted by Goldcorp and KPMG. www.disruptmining.com

About Goldcorp www.goldcorp.com

Goldcorp is a senior gold producer focused on responsible mining practices with safe, low-cost production from a high-quality portfolio of mines.

Cautionary Note Regarding Forward-Looking Statements

Certain disclosures in this document constitute forward-looking statements, including the timing and completion of the #DisruptMining expo and live finale. In making the forward-looking statements, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to execute the challenge in accordance with the terms described herein. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, those matters identified in its continuous disclosure filings, including its most recently filed MD&A. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Goldcorp Inc.