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AM Gold Inc.

Published : May 25th, 2007

Announces New Appointments To Its Management and Operations Team

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Keywords :   Australia | Canada | Copper | Gold | K Street | Lead | Market | Peru |
 

Acero-Martin Announces New Appointments To Its Management and Operations Team

May 24th, 2007
Vancouver, BC

Dear shareholders and friends of Acero-Martin,

We are pleased to announce new appointments to our Management team. 

Mr. Ralph Stricklen B.Sc. (Metallurgical Engineering) has joined our team as Vice President of Mine Development and Mr. Cary Pothorin B.Sc., P.Geo has been appointed Vice President of Exploration.

Ralph and Cary are accomplished mining professionals and have over 40 years of experience between them. While Ralph will be focused on leading the development of an initial gold mining operation at Pinaya, Cary will be guiding the extensive exploration program on the property.

They will be busy in the upcoming months.

Currently, there are two drilling rigs on site with a third set to arrive in June. In parallel to the drilling, development work for an initial gold operation has already begun with environmental, social-economic, metallurgical, and preliminary economic assessment studies currently in progress.

Kindest Regards,

Ryan Fletcher
Acero-Martin Exploration Inc.
(800) 884-5269 Phone
(604) 646-0640 Fax
www.acero-martin.com

Vancouver, British Columbia

ACERO-MARTIN ANNOUNCES NEW APPOINTMENTS TO ITS MANAGEMENT AND OPERATIONS TEAM

Acero-Martin Exploration Inc. (the “Company”)is pleased to announce that Mr. Ralph Stricklen has joined the Company as Vice President, Mine Development and Mr. Cary Pothorin has been appointed Vice President, Exploration. 

Ralph Stricklen: Vice President, Mine Development

Ralph Stricklen B.Sc. (Metallurgical Eng.) has more than 30 years of mine development and project management experience, 12 of which were spent in Peru.  Most recently, he was project manager for a smelter rationalization program at Inco Limited’s Thompson Smelter in Manitoba, Canada.  He has held similar project management and mine development positions at other major mining companies including HudBay Minerals Inc. and Southern Peru Copper. 

Mr. Stricklen brings extensive development, process engineering and operation expertise to the Company.  His primary role will be to lead the development of an initial open-pit gold operation at Pinaya.

“Ralph has an outstanding track record of mine development and years of experience developing projects in Peru.  Throughout his career he has consistently met project deadlines while at the same time meeting or exceeding operational, cost, safety and environmental objectives.” said Donald Gee President and CEO of Acero-Martin.  “He will be an invaluable component of our team and will help lead the development of mining operations at Pinaya.  We are indeed fortunate to have Ralph as part of our team.”

Cary Pothorin: Vice President, Exploration

Cary Pothorin, B.Sc., P. Geo brings more than 16 years of experience in the exploration industry, 8 of which were spent in South America.  Since 2005, Mr. Pothorin has been working on the Pinaya project as project manager.  Mr. Pothorin has extensive experience in the exploration and development of porphyry copper-gold deposits and was instrumental in the evaluation of the Mount Milligan gold-copper project in central British Columbia.  Mr. Pothorin has worked in Canada, Australia, and South America on precious and base metal exploration projects ranging from grassroots to operating mine sites. His experience includes positions at Corriente Resources Inc., North American Metals Corp., Homestake Mining and Development Corp., and Kennecott Canada Inc.  Cary is a professional geologist registered with APEGBC and holds a B.Sc Degree with a specialization in geology from the University of Alberta.

“Mr. Pothorin is a talented geologist, a team player and a strong leader” said Donald Gee, President and CEO.  “His knowledge and experience will be instrumental to our ongoing exploration and development efforts.”

Former VP of Exploration Jeffrey Reeder will continue as a Director of the Company. Mr. Reeder was instrumental in the acquisition of Pinaya and recognition of the mineral potential thereon.

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 gold-copper project, Pinaya, 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.

Stock Information
  Symbol: ASD (TSX-V)
Recent Price: C$0.45
Shares Outstanding: 56,868,379
Market Cap: C$25M
Contact Information
  Acero-Martin Exploration

Ph: (877) 646-0067

Fax: (604) 646-0640

Email: info@acero-martin.com

http://www.acero-martin.com

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Gold and Silver Prices for these countries : Australia | Canada | Peru | All

AM Gold Inc.

EXPLORATION STAGE
CODE : AMG.V
ISIN : CA00443T2002
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AM Gold is a gold development stage company based in .

AM Gold holds various exploration projects in Canada.

Its main exploration properties are MINAS LUCHO, LA MAMITA and PINAYA in Peru and RED MOUNTAIN in Canada.

AM Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 784 273 as of today (US$ 603 798, € 539 373).

Its stock quote reached its highest recent level on November 19, 2010 at CA$ 7.80, and its lowest recent point on January 22, 2016 at CA$ 0.03.

AM Gold has 4 357 073 shares outstanding.

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