Advanced Explorations Inc. Property Update

TORONTO, Nov. 13 /CNW/ - Advanced Explorations Inc. (the "Company" or "AEI") is pleased to announce that progress is being made in its discussions with Roche Bay plc ("RB") to decide on a merged structure that aligns the mine joint venture with the proposed wholly-owned nugget operation. As previously announced on July 14, 2008, September 2nd, 2008 and September 9th, 2008 AEI has an option to acquire an additional 19.9% of the mine joint venture and earn up to 70% interest in the Roche Bay, Nunavut project. AEI and RB have agreed to extend the deadline to exercise the Company's option to earn up to a 70% interest in the Roche Bay mine Joint Venture, Nunavut project from November 15th, 2008 to November 30th, 2008

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