Advanced Explorations’ Canadian Magnetite Project Indicates Potential US $2.76 Billion NPV in Preliminary Economic Assessment

Wednesday, June 10, 2009

TORONTO, June 10 /CNW/ - Advanced Explorations Inc. (the "Company" or "AEI") today announced positive economics from a Preliminary Economic Assessment ("PEA") of its Roche Bay Magnetite Project located on the east coast of the Melville Peninsula in Nunavut, Canada.

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