Drilling Underway on Advanced Explorations Inc.’s Tuktu Iron Ore Project

TORONTO, ONTARIO--(Marketwire - April 26, 2011) - Advanced Explorations Inc. (the "Company" or "AEI") is pleased to announce drilling is underway at the Tuktu Iron Ore project located 60 km north of the Company's Roche Bay Project on the east coast of the Melville Peninsula in Nunavut, Canada.

The first fence of 250 metre deep diamond drill holes will test the heart of Tuktu 1, a 2600 metre banded iron formation (BIF) where its width has been mapped to approximately 700 metres. The drilling program is designed to establish a NI 43-101 compliant resource. Detailed mapping and systematic sampling done in 2009 indicates a BIF with an average surface grade of approximately 34% total iron and low deleterious elements.  

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