Advanced Explorations’ Updated Resource Report Moves 60% of Resource from Inferred Into Indicated Category

TORONTO, ONTARIO--(Marketwire - April 6, 2011) - Advanced Explorations Inc. (the "Company" or "AEI") is pleased to announce an updated National Instrument (NI) 43-101 compliant mineral resource estimate for the C-Zone of its flagship Roche Bay iron project located on the east coast of the Melville Peninsula in Nunavut, Canada, as follows:

• The resource estimate now includes 323 million tonnes in the Indicated category averaging 26.7% total iron (25.8% magnetic iron) at a 20% iron cut-off grade.

• A further 226 million tonnes averaging 25.8% total iron (23.8% magnetic iron) at a 20% iron cut-off grade remains in the Inferred category.

• In comparison to the previous resource estimate (as press released March 12, 2009) approximately 60% of the original Inferred resource volume has been re-classified as Indicated.

The upgraded resource classification is expected to positively impact the drill program at Roche Bay in support of the Feasibility Study while these new evaluations are also supporting the current approach to a concentrate production at Roche Bay.

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