Home Corporate projects News Investors Contact
Gold, Copper and Growth
 
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004


News



Acero-Martin Announces Changes to Board of Directors

February 6, 2008

Acero-Martin Exploration Inc. (the “Company” or “Acero-Martin”) is pleased to announce that Mr. Victor L. McCall and Mr. Don Currie have been appointed to the Company’s Board of Directors.

Mr. Victor L. McCall, B.B.A, J.D. is the founder and owner of the McCall Law Firm, P.C., a Fort Worth, Texas based legal practice that specializes in mergers and acquisitions.  Mr. McCall holds a Bachelor of Business Administration degree from Southern Methodist University (Dallas, Texas) and obtained his Juris Doctor from the Baylor School of Law (Waco, Texas).  Currently, Mr. McCall is an active member of the Texas State Bar.  Prior to founding his legal practice, Mr. McCall was a partner of Buchholz & McCall, P.C. where he was responsible for litigation of tort and commercial cases, including class actions, negligence, and business disputes.  Mr. McCall’s extensive legal, corporate and commercial business experience will be an asset to the board.   

Mr. Don Currie has more than a decade of experience in raising capital and marketing resource exploration companies.  This includes particular expertise with private and public early stage growth companies where he boasts strong connections with money managers, analysts, investment bankers, and retail stockbrokers.  In the past, Mr. Currie has consulted for companies in the metals and minerals and oil and gas sectors and has assisted companies with marketing campaigns, management issues, strategic planning and corporate finance.  Known for his strong communication skills, Mr. Currie’s network of contacts within the financial community and the resource media extends across North America and Europe. 

To make room on the Board for Mr. McCall and Mr. Currie, Mr. Greg Hall and Dr. David Stone have agreed to step down as members of the Board.  The Company would like to thank Mr. Hall and Dr. Stone for the valuable insights and experience they made available to the Company during their tenures as Board members.  The Company wishes them every success in their future endeavors.

The Company further announces that, subject to regulatory approval and pursuant to the Company’s stock option plan, it has granted incentive options to certain Directors and Consultants to acquire up to a total of 2,000,000 common shares of the Company.  Each option permits the holder to purchase one common share of the Company at an exercise price of C$0.30 per share for a period of 5 years from the date of grant.

About Acero-Martin Exploration Inc.

Acero Martin’s 100%-owned Pinaya project hosts one of Peru’s newest and richest copper-gold porphyry/skarn deposits. The project is located approximately 110 km northeast of Arequipa and is favoured with excellent nearby mining infrastructure. 

In September of 2006, based on the first 70 holes drilled, an initial independently calculated NI 43-101 resource estimated that Pinaya hosts an Indicated Resource of 29.13 million tonnes grading 0.53 g/t gold and 0.42% copper and an Inferred Resource of 12.72 million tonnes grading 0.41 g/t gold and 0.41% copper.  This equates to approximately 498,000 troy ounces of gold and 269,000,000 pounds of copper in the Indicated category, and 168,000 troy ounces of gold and 115,000,000 pounds of copper in the Inferred.

Drilling since the release of the initial resource continues to work to expand the size of the deposit and test new zones of mineralization. Alongside the drilling the company is currently completing a preliminary economic assessment (“scoping study”) to determine the potential for, and economic parameters of, developing a starter open pit mining operation.  Acero-Martin trades on the TSX-Venture exchange under the symbol ASD and the Frankfurt stock exchange under the symbol AMX.

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

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the Company by Cary Pothorin, P.Geo, Acero-Martin’s Vice President of Exploration, a qualified person.

ON BEHALF OF THE BOARD

  “Don Currie”
                                                                               
Don Currie, President and CEO

 
     
Sign up for latest updates
*  Email Address:

 
 
© Copyright AM Gold Inc. 2016
 
 
HOME  |  CORPORATE  |  PROJECTS  |  NEWS  |  INVESTORS  |  CONTACT  |  DISCLAIMER