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Acero-Martin Expands Pinaya Land Package To 13,500 Hectares And Hires Consultants For Mine Development

January 19, 2007

Acero-Martin Exploration Inc. (the “Company”) is pleased to announce the acquisition, through various agreements and direct application with the Peruvian Ministry of Mines, of an additional 2,400 hectares of land with high mineral potential surrounding the concessions it already controls at the Pinaya project, Peru. The total land package has increased from 11,100 hectares to 13,500 hectares.

The newly acquired lands cover 22 kilometers of prospective geology along northwest-southeast trend coincident with the existing concessions.  The additional lands cost $64,000 US.  Subject to receipt of all necessary regulatory approvals, the Company has agreed to issue 260,000 shares and pay US $20,100 to settle an outstanding obligation of the Company's wholly owned subsidiary, Canper Exploraciones, respecting certain mineral concessions.  

An updated claim map is available at: http://www.aceromartinexp.com/projects/pinaya/

As part of the Company’s initiative to progress towards initial gold production, the Company is also pleased to announce that it has contracted consultants for environmental, social, metallurgical, and mine development studies for the Pinaya project.  Vector Engineering has been engaged to commence a ten month environmental baseline study and is expected to submit an environmental impact study to the Peruvian Ministry of Mines by the end of the year.  Social Capital Corporation has been contracted to conduct social and economic impact studies of the region surrounding Pinaya in anticipation of mine production.  The environmental and social studies are required by the Ministry of Mines to apply for mining permits.  Lastly, Minefill Services Inc.  has been engaged to conduct initial mine design and to assist and direct metallurgical studies required for a Scoping Study which is expected to commence by Q2 2007.

Drills are currently turning on the Pinaya project with the objective of significantly adding to the resource already defined within the Western Porphyry and Gold Oxide targets and extending the area of mineralization.  These two main zones have a known lateral extent of 1,500 by 450 meters of which approximately 50 percent of the area has been drill tested to a vertical depth commonly less than 200 meters.  Of the 22 holes completed since the September 2006 initial resource  estimate, assay results of eight holes (PDH-071-078) were announced November 15, 2006. Assays from the remaining 14 drill holes are currently being reviewed and will be released shortly. 

The Company is compliant under National Instrument 43-101 for the Pinaya project. Jeffrey Reeder, P.Geo, is the qualified person responsible for the exploration program at Pinaya and is supervising the quality control and quality assurance program. A quality control program of standards, blanks and duplicates is maintained.

About Acero-Martin Exploration Inc.

Acero-Martin Exploration Inc. is a Canadian-based mineral exploration and development company with projects in North and South America.  The company is currently focused on developing its flagship gold-copper property: Pinaya.  For additional information please go to http://www.acero-martin.com or http://www.goldmau.com/asd.htm

“Donald Gee”

Donald Gee, President and Director

For further information contact: Donald Gee, President at (604) 618-3433 Email: or Investor Relations: +1 (800) 884-5269 Email:  

 
     
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