Advanced Explorations’ New Tuktu Iron Ore Discovery Averages 34% Iron

TORONTO, ONTARIO--(Marketwire - Nov. 12, 2009) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to report assay results from the recently discovered Tuktu magnetite deposit on the Melville Peninsula, Nunavut. The project is located only 45 km from the ocean and approximately 60 kilometres northwest of the Company's flagship Roche Bay project. Results from the representative sampling of the Tuktu banded iron formation were exceptionally consistent and averaged 34.0% iron with low contaminant levels.

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