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DEVELOPING PINAYA Management & Directors

A Large Scale Copper-Gold Discovery in Peru Stewart Jackson, Ph.D. P.Geol.
President and CEO
Acero-Martin Exploration Inc. is focused on advancing its 100% owned
Pinaya project in southern Peru. Pinaya contains an initial NI 43-101 Ralph Stricklen, B.Sc. (Met. Eng.)
compliant resource of 666,000 ounces of gold and 385 million pounds Chief Operating Officer
of copper*. With this base, the company is proceeding with its goal to
scope the size of the overall resource target. Wan Jung, CGA
Chief Financial Officer
Key Investment Highlights Michael Scholz, B.Com LL.B
• Large Scale Copper-Gold Discovery with Excellent Further
Exploration Potential Jody Dahrouge, B.Sc. P.Geol.
• Ongoing Step-Out Drilling Adding to Resource Base Director
• World-Class Management, Technical, and Advisory Team
• A Rare Investment Opportunity: Relatively Low Market Capitalization Victor L. McCall, B.B.A J.D.
*Asset: Pinaya Deposit, Southern Peru
Donald Gee, B.Sc. C.A.
GMV Cutoff Gold Copper
(>US$5.50) 666,000 Ounces 385 M Pounds Don Currie
Indicated Resource
0.53 g/t 0.42% Barry W. Smee, Ph.D. P.Geo.
29.13 million tonnes
Advisory Board
Inferred Resource Malcolm J.A Swallow, B.Sc FIMMM P.Eng.
0.41 g/t 0.41%
12.72 million tonnes Advisory Board
*As Reported October 2006: Initial Resource Based on the First 70 of the Patrick McAndless, B.Sc. P.Geo.
150+ Holes Drilled to Date. Advisory Board

Share Information Corporate Information

LISTED Acero-Martin Exploration Inc.

TSX-V: ASD Suite 1601, 700 West Pender St.
FRANKFURT: AMX Vancouver, BC V6C 1G8

Shares Outstanding: 64.5 million Tel. 1.877.646.0067

Shares Fully Diluted: 79.8 million Fax. 604.646.0640
52wk Range: C$0.21-0.57
Avg Volume (3 month): 77,000
PINAYA DEPOSIT • 16,000 hectare property located 110 km
northeast of Arequipa, Peru
• Excellent infrastructure - main highway, railway,
Southern Peru peru port, power
• Extensive porphyry-skarn gold and copper system
• Geologic model similar to Xstrata’s Las Bambas
lima deposit and Tintaya mine located to the north
• 100% ownership

Pinaya, a large gold-copper system that was discovered by

Acero-Martin Exploration in 2004, is prospective for three
main deposit types – porphyry copper-gold, skarn, and ACOMAYO
supergene. Such deposits host some of the world’s largest Las Bambas
ore reserves. Ç Haquira
Santa Rosa
Pinaya is located in the south-easternmost extension of the Ç Constancia
Andahuaylas-Yauri metallogenic belt which hosts several
significant copper-gold deposits and mines including Xstrata’s MARKET CAPITALIZATION ($CAN) May 2008

Antapaccay and Las Bambas deposits and Tintaya mine. Acero-MarƟn - $15M
Andean American - $45M Tintaya
Ten copper-gold zones have been identified: the Gold Oxide "Antares - $150M
Norsemont - $195M
Skarn; Western Porphyry; North Western Porphyry; Vizcachani;
Montaña de Cobre y Oro; Minas Jorge; Don Pedro; Antaña Este;
Fortuna Silver - $180M
Xstrata PLC
Los Vientos; and Saitocco zones. Silver anomalies have also Ç Mineral Deposit / Mine
been identified in samples from the Montaña de Cobre y Oro 0 50 CHIVAY
and Saitocco zones. km

Exploration activity started in September 2004. Surface

mapping, rock sampling, geophysical surveys, soil
geochemistry, trenching and eight diamond drilling campaigns Significant Value Upside: Peer Group Comparables
have demonstrated an extensive mineralized system. Market Capitalization / Oz Gold In-Situ

By September of 2006, based on the first 70 holes, an initial Market Cap/Oz Au In-Situ

NI 43-101 compliant report yielded an Indicated Resource of 200

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 CANACCORD JUNIOR GOLD
g/t gold and 0.41% copper. This equates to approximately 120
498,000 troy ounces of gold and 269,000,000 pounds of 100
copper in the Indicated category, and 168,000 troy ounces EXPLORATION
of gold and 115,000,000 pounds of copper in the Inferred 60
category. 40


Drilling and exploration has been ongoing since. More than 0

a s s s s s p s
150 surface exploration holes (40,000+ metres) have been nz rce rce rce ce rce or ce ol
s d ce n ld al
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na sou sou sou our sou v. C our in G o
drilled, mainly on the Western Porphyry, Northwestern Porphyry o
B Re Re Re es Re De es as
n r R r R B R e s
A u ou M o
t is h
L a k
and Gold Oxide Skarn zones. In 2008, drilling will test some of ica ta ie ld lo e ee na at ne De lex ke S and
er eys abr ago Ha imb Tyh At Gre e zo A La r k l
A Gr G o v K Or Ki
the newly defined zones of mineralization as well as continuing N
to scope areas of known mineralization with large step outs.
Furthermore, for the first time, a deep drilling rig capable *Data for peers from Canaccord Adams Junior Mining Weekly
of reaching depths of 1,000 meters+ will be brought to the (April 2008)
property to test the depth potential of the deposit.
Acero-Martin Exploration: 1.7 million ounces gold equivalent
in-situ. Estimated using long-term metal prices including
copper at $1.20 per pound and gold at $450 per ounce.
Metallurgical recoveries assumed to be 100%.