AM Gold Inc.

Published : February 20th, 2007

Drills 29.50 Meters of 2.25 g/t (Gold Equivalent) and 12.00 Meters of 4.22 g/t (Gold Equivalen

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Keywords :   Copper | Gold | Market | Peru |
Stock Information
  Symbol: ASD.V (TSX-V)
Recent Price: C$0.50
Shares Outstanding: 42,444,879
Market Cap: C$22 M
Contact Information
  Acero-Martin Exploration Inc.

Ph: (800) 884-5269

Fax: (604) 646-0640

Email: info@acero-martin.com

http://www.acero-martin.com

ACERO DRILLS 29.50 METERS OF 2.25 G/T (GOLD EQUIVALENT) AND 12.00 METERS OF 4.22 G/T (GOLD EQUIVALENT) AT PINAYA

February 20th, 2007
Vancouver, BC

Acero-Martin Exploration Inc. (the “Company”) is pleased to announce that the Company continues to intersect significant new gold-copper mineralization at its Pinaya project in Southwestern Peru. Currently drilling is continuing at Pinaya, focused on expanding the Western Porphyry (herein “Porphyry”) and Gold Oxide Skarn (herein “Gold Oxide Zone”) resource areas and adding to the resource defined in the initial NI 43-101 resource report (see news release 20 September 2006).

Since the initial resource estimate was released 22 new holes (PDH 071-092) have been completed totaling over 5,500 meters. Holes PDH 071-078 were announced November 15, 2006 and holes PDH 079-086 were announced February 5, 2007.

The Company is reporting the results of the last six of these holes (PDH 087-092), all of which targeted the Porphyry zone. An updated drill hole location map is available at: http://www.aceromartinexp.com/projects/pinaya/

Highlights include:

PDH-091: 65.50 meters of 0.33 g/t Au and 0.52% Cu (1.28 g/t AuEq)
Including 29.50 meters of 0.31 g/t Au and 1.06% Cu (2.25 g/t AuEq)

PDH-092: 100.05 meters of 0.64 g/t Au and 0.22% Cu (1.04 g/t AuEq)
Including 30.05 meters of 0.77 g/t Au and 0.54% Cu (1.76 AuEq) and 12 meters of 0.18 g/t Au and 2.21% Cu (4.42 g/t AuEq)

Complete drill results are available HERE

All of the holes hit significant gold-copper mineralization and continue to demonstrate that the resource identified in the initial resource report can be substantially increased through further drilling. In particular:

Holes PDH-087, 090, and 092 focused on testing the 500 meter gap between the Northern and Southern portions of the Porphyry. All three holes hit gold-copper mineralization beginning near surface. The success of these holes is consistent with our geomodeling and further strengthens our belief that the Northern and Southern portions of the Porphyry are connected and form one large deposit. Further drilling will be aimed at closing the gap between the Northern and Southern portions of the Porphyry.

Holes PDH-088 and 089 were drilled in the Southern portion of the Porphyry and extended the zone to the Northwest towards the Gold Oxide Zone. The results continue to confirm that the Porphyry and Gold Oxide Zones are geologically related and may be spatially connected. Further drilling will be aimed at connecting the two zones.

Drilling is continuing at the Pinaya project with the goal of quickly and efficiently adding to the resource defined within the Porphyry and Gold Oxide resource areas. Alongside the drilling, metallurgical, environmental, and social-economic studies are underway to aid in the development of an initial open-pit heap leach mine at the Gold Oxide Zone and lay the groundwork for a scoping study which is to commence by Q2 2007.

The Company has also recently received additional results from the 2006/07 mapping and trenching program. The results are being compiled 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, located in Southern Peru. For additional information please go to http://www.acero-martin.com or http://www.goldmau.com/asd.htm

Disclosure and Disclaimer Statement:

Mau Capital Management provides, for remuneration, marketing services to Acero-Martin Exploration Inc. The information contained in this email is based on existing documents or other publicly available information. You are encouraged to seek independent verification of any information that is important to your investment decision. To unsubscribe from the the Acero-Martin email list please reply to this email with “unsubscribe” in the subject line.

Data and Statistics for these countries : Peru | All
Gold and Silver Prices for these countries : 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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In the News and Medias of AM Gold Inc.
8/28/2010New Uncle Sam Gold Scam
12/4/2007Exploring New Copper Discovery at Pinaya
11/15/2007Article by Malcolm Bucholtz of the Commodity Supercycle Repo...
10/15/2007Featured In October Issue of GoldNewsletter
Annual reports of AM Gold Inc.
2008 Annual Report
2007 Annual report
Financings of AM Gold Inc.
9/15/2008Closes First Tranche of Private Placement Raising $1=2E6 Mil...
9/11/2008Announces Amendment to Non-Brokered Private Placement
8/29/2008 Non-Brokered Private Placement
4/2/2008Announces Closing Of First Tranche Of Non-Brokered Private P...
2/29/2008 Announces Non-Brokered Private Placement
11/30/2007 Closes Non-Brokered Private Placement
11/24/2007Increases Private Placement To $2,379,365
Nominations of AM Gold Inc.
5/5/2011Announces Changes to the Board of Directors
3/25/2011(Pinaya)Announces Changes to the board
4/18/2008(Pinaya) Appoints Chief Geologist for Pinaya Gold-Copper Project
5/25/2007Announces New Appointments To Its Management and Operations ...
Project news of AM Gold Inc.
9/11/2012(Pinaya)Announces Regulatory Approval for the Pinaya Option and Join...
3/8/2012(Red Mountain)Inferred Resource Estimate At Red Mountain Significantly Inc...
10/3/2011(Red Mountain)Expands Gold Mineralization to extend across 450m Width incl...
6/22/2011(Red Mountain)Increases Land Position and Commences 2011 Drill Program at ...
6/10/2011(Pinaya)Announces Significant Resource Estimate Increase at Pinaya
5/16/2011(Pinaya)Announces Updated Technical Report for Pinaya Property
3/25/2011(Pinaya)Announces Airborne Geophysical Survey at Pinaya and Minas Lu...
3/20/2011(Red Mountain)Announces Red Mountain Exploration Program
11/30/2010(Red Mountain)expands zone of known gold mineralization approximately 270 ...
7/23/2008(Pinaya)Announces Update On Pinaya Drilling Program
4/1/2008(Pinaya Gold Oxide Skarn) Drills 9.80 Meters of 2.28 G/T GOLD within 27.00 M of 1.22 ...
3/4/2008(Pinaya) Commences 2008 Drilling Program at Pinaya Gold-Copper Proje...
12/18/2007(Pinaya) Intersects 44.80 Meters of 1.18% Cu at Pinaya Project, Peru
11/1/2007(Pinaya)Reports Additional Drilling Results From Its Pinaya Gold-Cop...
9/25/2007(Pinaya) Discovers New Copper Zone at Pinaya Project
9/12/2007(Pinaya)Drills 25.00 METERS OF 4.90 G/T GOLD WITHIN 67.50 M OF 2.00 ...
8/21/2007(Pinaya)Reports Additional Results From Its Ongoing Drilling Program...
7/22/2007(Pinaya)Drilling Continues to Expand Copper-Gold Porphyry Mineraliza...
7/9/2007(Pinaya)Soil Sampling Discovers New Gold-Copper Zones at Acero-Marti...
5/16/2007(Pinaya)Commences Scoping Study For Gold Operation at Pinaya
5/11/2007(Pinaya)Positive Preliminary Metallurgical Testwork For Pinaya
6/7/2006(Pinaya)Drills results at the Pinaya property
5/2/2006(Pinaya)cuts 83,95 m/275,4 ft of 2,1 g/t gold and 1,11% copper at Pi...
Corporate news of AM Gold Inc.
7/7/2016AM Gold to Defend Notice of Civil Claim by Kaizen
6/29/2016AM Gold Announces Proposed Going Private Transaction
6/24/2016AM Gold Announces a New Director
6/24/2016AM Gold Enters into Postponement Agreement for Red Mountain ...
5/3/2016AM Gold Closes Private Placement and Announces Corporate Upd...
4/29/2016AM Gold Announces No Material Change
4/20/2016AM Gold Corporate Update
4/18/2016AM Gold Announces Granting of Class 3 Approval and Staking o...
4/12/2016AM Gold Announces Corporate Update
4/5/2016AM Gold Announces Repricing of Private Placement
1/22/2016AM Gold Inc. to Commence Trading on Post-Consolidated Basis ...
12/19/2015AM Gold to Proceed with Share Consolidation
11/3/2015AM GOLD COMPLETES SALE OF PERUVIAN SUBSIDIARY TO KAIZEN DISC...
7/7/2015Kaizen Discovery Enters into Definitive Acquisition Agreemen...
1/22/2015AM Gold Enters into Secured Loan Agreement
1/6/2015AM Gold Files Counterclaim Against Rokmaster for Damages
12/18/2014AM Gold Inc. Shareholders Approved all Matters at Annual Gen...
11/28/2014AM Gold Responds to Rokmaster's Notice of Commercial Arbitra...
11/14/2014AM Gold Provides Update on Rokmaster Default
10/21/2014AM Gold Provides update on Rokmaster Default
9/25/2014IIROC Trading Resumption - AMG
9/24/2014IIROC Trading Halt - AMG
3/27/2014AM Gold Announces Revised Terms Of Private Placement
12/17/2013Season's Greetings from AM Gold Inc.
7/17/2012Enters Into $26 Million Option And Joint Venture Agreement W...
12/12/2011Season's Greetings from AM Gold Inc.
8/23/2011Adopts Shareholder Rights Plan
5/19/2011(Red Mountain)Announces Corporate Update
4/21/2011Inc: Clarification and Retraction of Previously Issued Techn...
2/24/2011and Capella Announce Termination of Letter of Intent
9/30/2008New Commodity Cycle
6/24/2008Launches New Website
5/14/2008Announces Corporate Update
3/17/2008Vicarage Capital Publishes Research On Acero-Martin Explorat...
2/25/2008Making Serious Progress in Peru
2/22/2008Reports Results From 2007 Trenching Program
2/6/2008 Announces Changes to Board of Directors
10/11/2007Announces Changes To Management and Board of Directors
8/29/2007Acero-Martin Exploration - Resourcexinvestor Editorial
8/20/2007Employees Safe and Development Continuing at Pinaya Project ...
8/9/2007Drilling Continues to Expand the Gold Oxide Skarn Zone at Ac...
6/26/2007Pinaya Gold-Copper Project Continues To Expand With Ongoing ...
5/28/2007Earns 100% Interest in Main Concessions at Pinaya Gold-Coppe...
2/20/2007Drills 29.50 Meters of 2.25 g/t (Gold Equivalent) and 12.00 ...
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