Update 2012-05-10

Press Release - Advanced Explorations Inc. Roche Bay Iron Project Feasibility Study Advancement.
Press Release - Advanced Explorations Inc. to Commission Extensive Hyperspectral Survey for Anik Project.
Press Release - Advanced Explorations Inc. Corrects Misinterpretation.
PDAC Fact Sheet.  PDAC Presentation.

Welcome to Advanced Explorations Inc.

Advanced Explorations Inc., based in Toronto, Ontario, is a resource development company focused on developing its Roche Bay and Tuktu Iron Ore Projects in one of the world’s largest developing iron ore districts, the Melville Peninsula in Nunavut.

The Ocean-based Roche Bay Project boasts an NI 43-101 compliant resource estimate of over 500 million tonnes outlined within a small portion of the potential 140 km of banded iron formation. A feasibility study for the project’s C-Zone is near completion. To date, the Company has delineated over 1 billion tonnes of iron under NI 43-101 among its Roche Bay and Tuktu deposits and continues to explore other targeted deposits in areas to the north, south and west of Roche Bay.

A preliminary economic assessment from the Roche Bay deposit alone indicates a potential net present value of US $1.1 billion, and the potential for rapid advancement into development of either iron concentrate or high value iron nugget products. The management team has extensive technical, exploration and Canadian Arctic mining expertise to effectively develop the high quality iron ore opportunities on the Melville Peninsula.  

Shares of the company trade at the TSX Venture Exchange (AXI) and at the Frankfurt Stock Exchange (AE6).