Advanced Explorations Inc intersects 45.6 % Fe

July 13, 2008

July 13th (Steel Guru) – Advanced Explorations Inc announced new results from Zone C1 drilling on its Roche Bay iron project in Nunavut. To date the company has completed over 5,500 meters of sampling in 2008 that includes 706 meters from previous drilling.

Advanced Explorations said that Hole RB 07 16 has returned a 12 meter interval averaging 45.56% Fe within a broader interval of 85 meters that averaged 29.91% Fe. The high grade intersection occurs in an area that was thought to be predominantly lower grade material. High grade intersections such as this indicate the potential to increase the high grade zone intersected in the northern portion of C1.

Advanced Explorations currently has 4 drills turning with production now close to 1500 meters recently. Advanced Explorations has completed over 6,980 meters of drilling to date this year which includes a number of geotech holes drilled in support of the pre feasibility study plant site locations. Work to date has focused on the C Zone in support of the MAN Ferrostaal study. While much of the drilling has been in fill, AEI has extended the C Zone another 600 meters further along strike to the north. The Company has now drill tested 5000 meters of the over 6000 meters of inferred strike. A total of 25 holes are awaiting assay results.

Mr John Gingerich president & CEO of Advanced Explorations said that “We are very encouraged by the results of this year’s drilling. Results are as expected, but we are seeing the possibility of increasing the extent of the high grade mineralization, as well as, additional zones within the footwall. Getting turnaround of assay results remains a challenge. However, we are working on solutions with SGS Lakefield.”

Advanced Explorations based at Toronto in Canada is exclusively focused on developing high quality iron ore opportunities. In early 2007 the Company expanded its capabilities in iron ore exploration and development with the acquisition of strategic management personnel.


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