6-K

SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549
 _________________

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934

Date: March 16, 2004

GOLDCORP INC.
(Registrant's Name)

145 King Street West, Suite 2700
Toronto, Ontario MSH 1J8
CANADA
(Registrant's Address)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F      Form 40-F

 Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes      No 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

GOLDCORP INC.
By:	/s/	R. Gregory Laing
	Name:	R. Gregory Laing
	Title:	Vice President, Legal

Date: March 16, 2004

EX-1

'

PRESS RELEASE

GOLDCORP EXERCISES WARRANTS OF PLANET EXPLORATION INC.

Toronto, March 16, 2004 - GOLDCORP INC. (GG:NYSE; G:TSX) has exercised 1,000,000 warrants of Planet Exploration Inc. ("Planet") (PXI:TSX Venture Exchange) to purchase 1,000,000 common shares of Planet at CDN$0.60 per share. These warrants were purchased by Goldcorp in March, 2003 as part of units issued under a non-brokered private placement. Goldcorp now owns 16.7% of the outstanding shares of Planet and, assuming Goldcorp exercises the balance of its warrants, Goldcorp will own 24.6% of Planet on a partially diluted basis. Planet securities are held for investment purposes.

Goldcorp's Red Lake Mine is the richest gold mine in the world. The Company is in excellent financial condition: has NO DEBT, a Large Treasury and Strong Cash Flow and Earnings. GOLDCORP is completely UNHEDGED and pays a dividend twelve times a year. Goldcorp's shares are listed on the New York and Toronto Stock Exchanges under the trading symbols of GG and G, respectively and its options trade on the American Stock Exchange (AMEX), the Chicago Board of Options Exchange (CBOE) and the Pacific Stock Exchange (PCX) in the United States and on the Montreal Exchange (MX) in Canada.

For further information, please contact:	Corporate Office:
Chris Bradbrook	145 King Street West
Vice President, Corporate Development	Suite 2700
Telephone: (416)865-0326	Toronto, Ontario
Fax: (416)361-5741	M5H 1J8
e-mail: info@goldcorp.com	website: www.goldcorp.com