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Acero-Martin Employees Safe and Development Continuing at Pinaya Project after Peru Earthquake

August 17, 2007

Acero-Martin Exploration Inc. (the “Company”) confirms that in the wake of the large earthquake that hit Peru on August 15th, all its employees and their immediate families are accounted for as safe and well.  The earthquake epicenter was approximately 145 southeast of Lima and over 700 kilometers from the Pinaya project.

The Company’s ongoing development and exploration work at Pinaya has not been affected by the earthquake and is continuing as normal. 

“We sincerely mourn the casualties and fatalities caused by this tragedy.  We extend our most sincere condolences to those whose lives have been impacted as a result of the earthquake,” stated Donald Gee, the Company’s President and CEO.

About Acero-Martin Exploration Inc.

Acero-Martin Exploration Inc is a mineral exploration and development company with projects in North and South America.  The Company is currently focused on developing its flagship Pinaya gold-copper project in southern Peru.  Acero-Martin offers investors the opportunity to share ownership in the rapid development of the project to production.  Acero-Martin trades on the TSX-Venture exchange under the symbol ASD and the Frankfurt stock exchange under the symbol AMX.  

ON BEHALF OF THE BOARD

  “Donald Gee”
                                                          
Donald Gee, President and Director

For more information please visit the company website at http://www.acero-martin.com  or contact investor relations at 877-646-0067 or .

 
     
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