I did not comment to contribute to this thread because I am a "Dex-Cool Hater".
One of your coolants jobs is to help protect the seal of the water pump, and I realize the age of the vehichle posted above.
With saying that I have more than a few friends with Chevrolet products that have had early water pump failures, one Tahoe with approx. 35,000 mi. they bought new.
I don't know if the seal failure is coolant related or poor quality control at the time of assembly or sub-par water pumps.
To start a post stating that the cooling system looked great at just over 100,000 mi. because you are in there replacing the water pump sounds like you are overlooking the obvious. Something caused the seal failure.