Acero-Martin Exploration Inc.: Next Phase Drilling Commences at Pinayaadmin
Acero-Martin Exploration Inc. announces that the next phase of drilling has commenced at its Pinaya gold/copper property located in southern Peru.
Initial objectives are to increase the size of the gold and copper resources in the Western Porphyry Zone (WPZ) and in the Gold Oxide Skarn Zone (GOSZ). Resource modeling has revealed several priority targets that could significantly increase previously announced tonnages. Recent modeling has suggested that the northern portion of the WPZ is actually an extension of the GOSZ. The modeling also shows that both the WPZ and GOSZ are open in all directions. This model is coincident with the Induced Polarization surveys previously completed. The model suggests that the strike length of the GOSZ is approximately 1500 meters.
Current drilling objectives are to extend the strike length and width of both the GOSZ and WPZ. These efforts are expected to significantly increase the initial resource estimate. In addition, Montana de Cobre, Pedro Dos Mille and Minas Jorge will be drill tested to further add to the resource. Assay results will be released as they become available.
Jeffrey Reeder, P.Geo, is the Qualified Person responsible for the exploration program at Pinaya.
The Company also announces that 95% of 3 Million share purchase warrants have been exercised at $0.75 six months prior to their expiry.
About Acero-Martin Exploration Inc.
Acero-Martin Exploration Inc. is an exploration company, which is focused on locating and defining economic precious metals deposits. Currently the Company has two exploration projects: Pinaya in southern Peru and Red Mountain in the Yukon Territories. For additional information please go to http://www.acero-martin.com or http://www.goldmau.com/asd.htm.
Donald Gee, President and Director
This news release has been prepared by management. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company’s control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or achievements implied by these forward looking statements. We seek safe harbor.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Contacts: Acero-Martin Exploration Inc. Donald Gee President and Director (604) 618-3433
(604) 646-0640 (FAX)
Acero-Martin Exploration Inc. Investor Relations 1-800-884-5269 firstname.lastname@example.org or email@example.com