DEVELOPING CANADA'S NEWEST IRON DISTRICT AT TIDEWATER

Update 2014-07-11

Press Release - Advanced Explorations Inc. Announces Results of Annual and Special Meeting of Shareholders.
Press Release
- Advanced Explorations Inc. and Parkson Star Ltd. (HK) Agree to Form Strategic Joint Venture to Advance the Roche Bay Iron Ore Project.
Download complete Feasibility report here.      Investor 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 positive feasibility study for the project’s C Zone revealed a net present value of $642M on a base case 5.5 Mtpa start-up concentrate operation and substantial upside potential including becoming a low quartile cost producer. 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. 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).

 

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