May 5, 2008 – Montana Tech, Butte, MT
FOR IMMEDIATE RELEASE
Goldcorp. Inc., one of the world’s largest gold mining companies, has given a leadership gift in support of Montana Tech’s campaign, Strengthening Foundations…Ensuring the Future. This $1,050,000 gift will create The Goldcorp, Inc. Endowed Professorship. This professorship will be used to supplement the salaries of faculty members within the departments of Mining Engineering, Metallurgical Engineering, and Geological Engineering. This gift is another example of the important relationship between Montana Tech and the minerals industry.

This gift is in addition to a November 2006 gift in support of the same three departments. The total investment by Goldcorp over the past 18 months is $1.25 million.

Chancellor Frank Gilmore says, “These gifts are the quintessential manifestation of cooperation between a mining company and an academic institution. Kevin McArthur, President and CEO, and Dan Rovig, a member of the Board of Directors of Goldcorp, recognize that a well-educated workforce is essential for the continued success of the mining industry. Gifts of this type help assure that Montana Tech will be able to continue to educate high-quality engineers for the mining industry. This gift is dedicated to supplementing faculty salaries for those who teach in the mining-related programs. This will ensure the best faculty for these programs.”

Mr. McArthur stated that “Goldcorp, Inc. is pleased to support the significant and proven academic mineral programs at Montana Tech. Goldcorp, Inc. recognizes the serious shortfall in graduating mineral engineers, business personnel, and minerals scientists and believes that by supporting the development and retention of highly qualified mineral educators, that the industry, and Goldcorp, will be better served by Montana Tech. The mining industry must address the issues of responsible mining, discovery and processing in partnership with society and this is a wonderful way to help accomplish those objectives.”

Mike Johnson, Vice Chancellor for Advancement & Development, noted “we are so very proud to have a company like Goldcorp invest in our current and future faculty members. In order for us to produce world-class graduates, we must attract and retain the very best faculty. Goldcorp is one of the world’s leading mining companies and we are blessed to have them as a partner.”

Founded in 1900, Montana Tech has earned a reputation as one of the finest science, engineering and technical universities in the world. With more than 40 academic programs and 38 clubs and organizations, Tech offers tremendous opportunities for every student. The mining engineering program was one the first academic programs established at Tech. It started as a program focused on hard rock underground mining to serve the local mines and has evolved into a program that educates its students in all aspects of mining engineering.

Goldcorp, a Canadian-based company with its corporate office in Vancouver, Canada, employs more than 9,000 people worldwide. Goldcorp has 17 world-class operations and development projects in Canada, the United States, Mexico, and South America.