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01.04.11 17:43

5397 Postings, 5781 Tage Jense400k eben.... das gab es schon ewig nicht

aber der Kurs zuckt nichtmal....  

01.04.11 19:16

5397 Postings, 5781 Tage Jenseschade und da waren wir wieder auf 0,7....

müssen usn doch noch gedulden... nen Sprung über die 0,85 wäre mal wieder schön...  

04.04.11 18:05
1

5397 Postings, 5781 Tage JenseIch bin mal gespannt, on es nen Trading Halt

gibt diese Woche, wenn das Ressourcen-Update kommt... und hoffen wir, dass es dann wieder Richtung 1$ und mehr geht... das kann man ja nicht mit anschauen.... jeder kleine Ausbruch wird sofort zurück geholt  

05.04.11 10:02
1

5397 Postings, 5781 Tage JenseSehr interessanter Vergleich

You may have caught my earlier blog, with respect to being undervalued compared to other Canadian junior's in the iron ore developing sector. My last comparison was with Talon Metals, which clearly reflected AXI being much further advanced in their development stage, and would be trading at $1.53/share, if AXI shared the same market cap as TLO.

Today, I will compare the fundamentals of Alderon Resources [ADV - TSX.V] to that of Advanced Explorations [AXI - TSX.V]

Market Cap:
ADV - 281 million
AXI - 98 million

Cash Position:
ADV - $23 million
AXI - $13 million [with another $20 from strategic partner for completion of DFS]

Number of Primary projects:
ADV - 1 [Kami in Labrador]
AXI - 2 [Roche Bay, Tuktu in Nunavut]

Number of Secondary projects:
ADV - 0
AXI - 4 [all receiving field attention this year]

Total Compliant Resource:
ADV - none
AXI - 357 million tons 'inferred' [to be updated the week of April 4th, 2011]

2011 Resource Target:
ADV - 800 million tons
AXI - 1,500 million tons

Distance to Port:
ADV - 300 kms
AXI - 5 kms

Deposit Type:
ADV - Banded Iron Formation
AXI - Banded Iron Formation

Mineralization:
ADV - magnetite
AXI - magnetite

Average grades:
ADV - 28 - 34% Fe
AXI - 25 - 50% Fe


Total Strike Length of Banded Iron Formation:
ADV - 10,000 m
AXI - 140 kms

Preliminary Economic or Scoping Study:
ADV - none thus far
AXI - PEA completed 2009 [NPV = $1.1 billion]

Definitive Economic Study:
ADV - none thus far
AXI - in progress [targeted completion date - 4th Q 2011]

Environmental Studies and Permitting:
ADV - beginning this year
AXI - 5 years completed [EIS underway]

Metallurgy Studies:
ADV - beginning this year
AXI - completed [65% concentrate or 98% nugget with over 80% recovery]

Targeted Mining Date:
ADV - to early to determine
AXI - 1st Q 2014

Construction Financing:
ADV - none
AXI - completed [over $1 billion in place from strategic partner XinXing Pipe Group]

Off take Agreements:
ADV - none
AXI - 69% of future production


I think you can see by the above comparison, that AXI is much further advanced in the development of their iron projects.

I arrive at my immediate target of $2.02/share, by dividing AXI's outstanding shares [139 million] into ADV's market cap [$281 million].

Butrealistically, with the advanced stage of AXI's projects and theirupcoming decision to enter the construction phase after the release oftheir Definitive Feasibility Study this fall.....they would be more fairly valued at $3.00/share.

But please, perform proper due diligence and you decide. You may continue your due diligence at the company's website....

http://www.advanced-exploration.com/home/


Murray  

06.04.11 16:20

554 Postings, 5594 Tage leilei3News

Apr 06, 2011 08:53 ET

Advanced Explorations' Updated Resource Report Moves 60% of Resource from Inferred Into Indicated Category

TORONTO, ONTARIO--(Marketwire - April 6, 2011) - Advanced Explorations Inc. (TSX VENTURE:AXI)(FRANKFURT:AE6) (the "Company" or "AEI") is pleased to announce an updated National Instrument (NI) 43-101 compliant mineral resource estimate for the C-Zone of its flagship Roche Bay iron project located on the east coast of the Melville Peninsula in Nunavut, Canada, as follows:

? The resource estimate now includes 323 million tonnes in the Indicated category averaging 26.7% total iron (25.8% magnetic iron) at a 20% iron cut-off grade.
? A further 226 million tonnes averaging 25.8% total iron (23.8% magnetic iron) at a 20% iron cut-off grade remains in the Inferred category.
? In comparison to the previous resource estimate (as press released March 12, 2009) approximately 60% of the original Inferred resource volume has been re-classified as Indicated.
?
The upgraded resource classification is expected to positively impact the drill program at Roche Bay in support of the Feasibility Study while these new evaluations are also supporting the current approach to a concentrate production at Roche Bay.

As a result of a change in business models from >96% iron nuggets to 67% iron concentrate production from the future Roche Bay mine, the iron cut-off grade was lowered from 25% to 20% as the new business model provides for a more simplified and more flexible production flow sheet. The concentrate model is included in the ongoing Feasibility Study which will also consider the additional results from this summer's drilling campaign.
John Gingerich, President and CEO, commented:

"We continue to be impressed with the results received from the Roche Bay Project. With almost two thirds of the original inferred resource now classified as indicated, we remain encouraged about the viability and quality of the ore body at Roche Bay as well as the remainder of the 140 km stretch of banded iron formation on the Melville Peninsula including our Tuktu project. The very positive impact of the coastal location on operation and development strategies will also play an important role in the Feasibility plan for Roche Bay. Further simplifying the mine plan has had additional impacts, and we are confident to successfully move the project into production".

C-Zone Roche Bay Iron Project
April 6, 2011 Mineral Resource Estimate ? Indicated and Inferred Resource

Cut-off
grade
Fe (%) Tonnes
(Mt) Total
Fe % Magnetics (FE3O4%)* SIO2% AL2O3% MnO% P2O5% S% LOI%
INDICATED 20 323.1 26.73 25.77 50.85 2.86 0.07 0.20 0.70 0.81
25 211.7 28.74 29.71 49.75 2.27 0.06 0.20 0.62 0.67
30 66.2 31.74 36.09 47.59 1.61 0.04 0.20 0.49 0.32
INFERRED 20 226.3 25.85 23.85 51.83 3.09 0.07 0.20 0.81 1.04
25 135.2 27.84 27.63 50.84 2.48 0.06 0.21 0.72 0.93
30 20.6 31.56 35.07 48.08 1.66 0.04 0.19 0.56 0.63
*Magnetics (Fe3O4 %) are the Satmagan results corrected to reflect Davis Tube test work.
As part of the April 24, 2009 Roche Bay Magnetite Project C-Zone Technical Report, Golder provided recommendations to potentially improve confidence in future estimates, including validation of Satmagan test results with a representative suite of Davis Tube tests, as well as additional Satmagan tests. Following these recommendations, AEI provided Golder with an additional 1200 Satmagan and 200 Davis Tube test results. The Davis Tube results were analyzed by Golder and found to correlate very closely with the magnetic component indicated by the Satmagan values.
Golder remodeled the C-Zone mineralization (April 6, 2011 model) by including the new Satmagan data and applying a block modeling techniques called "unfolding". This technique tends to produce a more robust model with increased dependence on the characteristics of the mineralized data and less dependence on personal interpretation. Other than "unfolding" the same basic interpolation techniques used in the April 24, 2009 technical report were applied to the April 6, 2011 model (Ordinary Kriging, etc) and the resulting mineral resource estimate yielded very similar results on a global basis when compared to the mineral resource estimate reported on March 12, 2009.

To provide additional confidence in the mineral resource, Golder also conducted an analysis based on potential annual production (10 million tonnes) for the C-Zone. In this analysis approximately half of the drill hole data was removed along the strike length of C-Zone. This resulted in data on every 400m section instead of 200m section. The C-Zone was then re-modeled and re-estimated using the same criteria, methods and parameters as used for the April 6, 2011 model. A volume approximately representing the potential annual production was then evaluated at various locations (for tonnes, grade and contained metal), throughout the April 6, 2011 model and the new "reduced drill hole section" model. This comparative analysis showed a significant strike length portion of the model to have contained metals within +/-15%.

Based on the comparison of the Satmagan and the Davis Tube data, the remodeling of the C-Zone using the "unfolding" technique and the results of the study of potential annual production (10 million tonnes), Golder has re-classified approximately 60% of the original Inferred resource volume of the C-Zone as Indicated.

The updated mineral resource was completed by Mr. Greg Greenough, P.Geo., a qualified person for Golder, who has provided written permission for the release of this updated mineral resource estimate in the form and context in which it is provided here. The Company will file an updated NI 43-101 technical report within 45 days in regard of its updated mineral resource estimate.

ON BEHALF OF THE BOARD

John Gingerich, President & CEO

Quelle: http://www.marketwire.com/press-release/Advanced-Exploration?  

06.04.11 16:23

5397 Postings, 5781 Tage Jensewollte ich auch gerade posten

aber dem Kurs nach zu urteilen wird  das nicht wirklich positiv aufgefasst... kann ich nicht nachvllziehen, ist doch nen Top Ergebnis  

06.04.11 18:34

924 Postings, 5231 Tage excellentbuyok, das ist deprimierend....

hab gerade keine zeit die news richtig zu lesen, aber völlig egal wie - es gibt ja wie jense schon gepostet hat zur zeit diverse vergleiche mit anderen explorern... und letztlich kommt dabei immer raus, dass axi weit über nem dollar stehen müsste ("müsste" - wenn sie genau so wie die vergleichswerte gehandelt werden würde).

charttechnisch... aber auch ohne ct war ein abprallen drei tage in folge bei der gleichen marke schon ein warnsignal... aber als investierter neigt man nun mal immer dazu es lieber positiv als negativ zu sehen, wenn neutrale situationen vorliegen. daher bin ich auch echt überrascht.

was mir sonst so aufgefallen ist: jeden tag ein dicker kauf gleich zu beginn - das ist auch son weiterer strohhalm, an den man sich klammern kann wenn der verlauf enttäuschend ist... und ich tippe mal auf grünen sk heute... ich weiß, momentan so ne aussage zu bringen scheint lächerlich.... aber mal abwarten. fühlt sich stark nach kursgedrücke an... hoffen wirs einfach mal ;-)  

06.04.11 18:42

5397 Postings, 5781 Tage JenseHmmm also was ich nicht verstehe

ist, dass wir auf dem miesen Niveau mit der NEWS 10% fallen.... unfassbar... mag ja sein, dass der Markt mehr erwartet hat, aber was genau? Es wurden 2/3 der vermuteten Ressourcen jetzt bestätigt, also in Summe ist das ein hammer Ergebnis.... was will der Markt??? Gibt es denn noch Leute die realistisch sind?

Hier konnte man nicht mit 200% mehr rechnen... also ich kapier die Börse echt nicht  

06.04.11 19:51

924 Postings, 5231 Tage excellentbuynews zock?

Zocker die ausschließlich aufgrund newserwartung kaufen reagieren so. Sobald sich abzeichnet, dass der Wahnsinnschub ausbleibt wird alles angestoßen. So werden die Verluste stark reduziert (unter 10%). Und wenn der plan nur bei 2-3 stk von 10 aufgeht sind sie im plus. Um Spessart rentabel zu machen benötigt man meiner Meinung aber schon für jeden wert n paar k Einsatz.

Das, oder gezieltes Kursdrücken wären fur mich mögliche Erklärungen...  

07.04.11 13:43

421 Postings, 5312 Tage Loewe111beiden

letzten meinungen recht gebe, aber das kursdrücken hat keinen sinn.....was nach oben will, will nach oben...und so wirds hier auch passieren, denn fundamental stimmt alles  

07.04.11 15:49

5397 Postings, 5781 Tage JenseJa das hoffe ich auch,

habe dasselbe bei Dialog Semiconduktor erlebt... von 11,50 abgestürzt nach dem besten Quartal das man je hatte auf 8? (dann war ich wieder fett im Minus, da Kaufpreis ca 8,50) danach aber dann der steile Anstieg auf knappe 20?... leider bin ich bei 12,50 mit dickem Gewinn raus... leider...

Ich rechne auch, dass AXI long auf jeden fall ganz neu bewertet wird... 3-5$ sofern keine Mega kapital Erhöhung kommen wird...  

07.04.11 18:42

924 Postings, 5231 Tage excellentbuygut, bleibt wohl nur weiteres warten

Ct sag ich mal nix... Sieht lt. Ct nicht gut aus. Gestern erste Anzeichen, heute bisher Bestätigung.
Wären vom Tiefpunkt jetzt aber auch fast 50%... Nur entspricht dieser leider nicht unserem ek denke ich.... Tja, bleibt die tradingchance also bis auf weiteres für mich aus.

Sie wird schon noch kommen :)

@jense: BWN - bist du wieder aufgesprungen? Traute mich nicht, wollte Gewinn sichern und bin raus :(  

07.04.11 19:05

5397 Postings, 5781 Tage JenseJa bin leider viel zu früh raus

leider die einzige Aktie die danach top performte, ausser Clenergen die kommt langsam auch wieder....

BWN geh ich nicht mehr rein... seit meinem Ausstieg fast 30% zugelegt... wenigstens bin ich da mit Plus raus....

AXI wird hoffentlich auch irgendwann ganz ohne NEWS einfach Vollgas geben ohne immer gleich ausgebremst zu werden  

08.04.11 10:10

5397 Postings, 5781 Tage JenseZiele

Hi Mitstreiter, denkt Ihr, dass wir jemals wieder den Euro hier sehen werden?
Die Aktie war ja sogar schon bei 2?. Aktuell wäre es für mich das höchste der Gefühl, wenn wir wirklich den Euro wieder sehen würden... Ziel hierfür Mitte 2012

Denkt ihr das ist realistisch, oder habt Ihr den Glauben an AXI nach den letzten Reaktionen, den schlechten Eisengehalt und den Tonnagen die nur bei 330MIO liegen und nicht bei 1,5MRD vom Volk erwarteten?  

15.04.11 16:17

924 Postings, 5231 Tage excellentbuyWann werden denn wieder news erwartet?

weißt du da was? also beim aktuellen niveau scheint nicht mehr wirklich viel platz nach unten zu sein... blöderweise siehts aber auch nach oben hin so aus momentan.

ich denke solange der OBV indikator nicht wieder negativ wird bleibe ich auf jeden fall dabei.  auch der pSAR ist noch positiv gestimmt - langfristig ist der OBV immer ein guter indikator finde ich...

grüße aus NYC, times square - muss jetzt mal raus aus dem hotelzimmer :-) schon fast mittag *g*  

15.04.11 16:56
1

554 Postings, 5594 Tage leilei3Die nächsten News sollten eigentlich

Bohrergebnisse von denn Tuktu Projekt sein.Dort gehen die schätzungen ziehmlich weit auseinander könnten bis zu 1Milliarden Tonnen liegen.Gruß  

21.04.11 16:22

21 Postings, 5220 Tage GazosZukunft....

werden wir dieses Jahr nochmal die 0,80 sehen?  würde es mir wünschen^^

 

21.04.11 17:17

554 Postings, 5594 Tage leilei3Hier noch mal ein Artikel was so alles Geplant ist

26.04.11 16:27
1

554 Postings, 5594 Tage leilei3News

Drilling Underway on Advanced Explorations Inc.'s Tuktu Iron Ore Project
4/26/2011 8:34:10 AM - Market Wire

TORONTO, ONTARIO, Apr 26, 2011 (MARKETWIRE via COMTEX News Network) --

Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (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.

The first-phase 3,000 metre drill program will test the BIF on 400 metre line spacings and is part of a larger exploration program (up to 6,000 metres) planned for the Tuktu area in 2011. If the drill program proves successful more drilling as well as detailed mapping for the entire area is anticipated.

John Gingerich, President and CEO, commented:

"The Tuktu drill program will provide a greater insight to the resource potential of the East Melville Peninsula area iron formations. Delineating the first billion tonnes of iron ore resource along but a fraction of the Tuktu target area will allow the Company to draw conclusions as to the expanded scope of production that could be supported. The enhanced level of technical understanding will result in a clearer picture as to economic and partnering scenarios for a satellite operation".

Advanced Explorations also wishes to announce that, pursuant to the Company's Stock Option Plan approved at the June 16, 2010 Annual General Meeting and subject to TSX approval, it intends to issue a total of 585,000 options to management, consultants and employees at a price of $0.65 per common share exercisable in whole or in part on or before five years from the date hereof.

ON BEHALF OF THE BOARD

John Gingerich, President  

03.05.11 22:09

290 Postings, 8160 Tage David Benzhier mal was viiiieel besseres als AXI und billig

Das ist die NEUE AXI  viel viel billiger als AXI aber dafür Rio Tinto im Nacken und damit ein potentieller Übernahmekandidat zum Schnäppchenpreis  !
BCD kommt von 4,75 $ !!!!! aktuell ca. 0,13 $



BRC DiamondCore JV drills up to 68.2% Fe in Congo

2011-05-03 15:12 ET - News Release

Mr. Arnold Kondrat reports

BRC DIAMONDCORE REPORTS IRON ORE EXPLORATION RESULTS

BRC DiamondCore Ltd.'s joint venture with Rio Tinto Minerals Development Ltd. has discovered high grade haematite (a form of iron ore) in its exploration areas within Province Orientale, Democratic Republic of the Congo (the "DRC"). The drilling results for 1,032 metres of diamond drill holes, which are detailed below, revealed grades of 65.6% to 68.2% iron.

The Company owns 25% of the joint venture company that holds exploration permits which cover areas totalling approximately 4,550 square kilometres. Under the agreement with Rio Tinto, all iron ore exploration up to and including the completion of any feasibility study will be funded by Rio Tinto. The Company will not suffer any dilution during this period, such that the Company's 25% interest in the properties will be maintained during this period.

The exploration for iron ore is being carried out by Rio Tinto (or one of its affiliates) as operator. After the completion of any feasibility study, funding for the project is to be provided by Rio Tinto and BRC pro rata based on their respective interests in the joint venture company.

Initial geological research and exploration had indicated that the exploration permit areas, which hitherto had been largely unexplored using modern exploration methods, were highly prospective for the discovery of iron ore deposits. This assessment is supported by these initial results. First pass drilling has been completed on the Zatua 1 and 2 target areas with nine diamond drill holes totaling 1,032 metres. Six of these holes intercepted high grade haematite mineralization.

The target areas had been selected after a regional airborne magnetic survey had identified geophysical anomalies which subsequent ground follow up indicated to be associated with outcropping haematite mineralization. Mineralized intervals, where intercepted by a drill hole, range in thickness from 32 metres to 121 metres with both friable and massive textures being observed.

Analytical results have been received for the first six holes with values of 65.6%-68.2% Fe, 0.53%-2.99% Al2O3, 0.39%-2.4% SiO2 and 0.049%-0.969% P, with the elevated high phosphorous values appearing to be associated with recent weathering. Despite limited thicknesses in some of the holes, the results give encouragement that high grade haematite is present in the area.

Rio Tinto, as the operator, now intends to complete the helicopter supported reconnaissance over the remainder of the Bomokandi permit area beginning during May 2011.

Commenting on these results, Dr. Mike de Wit, President of BRC, said: "The results are encouraging and indicate that a significant iron ore project could potentially be developed in the area.:cool:The exploration programme by Rio Tinto, as operator, is continuing. We are very pleased to have Rio Tinto as our partner in the DRC for both our diamond and iron ore properties."

Qualified Person

Dr. Mike de Wit, President of the Company and a "qualified person" (as such term is defined in National Instrument 43-101), has reviewed the technical information in this press release.

We seek Safe Harbor.

 

09.05.11 17:32
1

554 Postings, 5594 Tage leilei3News

News:
Advanced Explorations Inc. to Expand Feasibility Production Target at Roche Bay Iron Ore Project
5/9/2011 8:40:55 AM - Market Wire

TORONTO, ONTARIO, May 09, 2011 (MARKETWIRE via COMTEX News Network) --

Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company" or "AEI") is pleased to announce progress in the ongoing Feasibility Study work for the C-Zone of its Roche Bay Iron Project. The Company has concluded multiple advantages may be drawn from an increased production of up to 5 million tonnes per year of concentrate (65%-66% Fe grade). This represents a 66% increase in production from the previously announced base case (3 million tonnes per year).

The proximity of the ore body to future port facilities, the relatively low infrastructure CAPEX requirements, a simplified production flow sheet, and the recently announced increase in global resources (inferred and indicated as press released April 26) at Roche Bay provide additional operational flexibility and scalability of production:


-- More near term production to take advantage of the anticipated high iron
ore prices due to increasing demand out of China, India and Japan.
-- Operational cost efficiencies from increased scale of production.
-- Improved leverage of the project's unique ocean location given the
global bottleneck created from lack of effective railroad
infrastructure/access and port capacities.
-- Higher (and earlier) cash flows to current plan, with concurrent
positive influence on IRR and NPV.
-- Low technical risk (proven and established technologies), relatively low
CAPEX, translating to simpler plan to production.



The Company is also pleased to announce that planning has been completed for this year's geotechnical drilling program. This drilling is designed to test ground conditions for the foundation, infrastructure locations, and early civil works for the project. These efforts are to support the Feasibility Study, the development of the project infrastructure layout, and for optimization of schedules to advance the Project to production. Once this work is completed, the drill program will then focus on both in-fill drilling and resource expansion. The target for this year at Roche bay is to increase the NI 43-101 compliant resource to at least 750,000,000 million tonnes.

John Gingerich, President and CEO, commented:

"The Company is extremely pleased with the progress of work on the Feasibility Study. The additional production is not only important to our partner, the XinXing Pipes Group, but it is also aligned with the strategic vision of China's iron ore plan that has target back integration capacity equal to 30% of consumption. With future requirements projected to be one billion tonnes of iron ore per year it is very important that as much capacity as possible is delivered in the initial start up. The Company has not yet determined how this will affect future expansion plans as the results from drilling underway at Tuktu may require additional modifications. The future expansion plans will not affect the delivery of the Feasibility Study with the initial draft still expected in Q4 of this year".

ON BEHALF OF THE BOARD

John Gingerich, President & CEO  

12.05.11 15:17

21 Postings, 5220 Tage Gazos???

werden wir jemals wieder grüne Zahlen sehen und den Weg nach Norden finden??? 

 

18.05.11 16:54
1

554 Postings, 5594 Tage leilei3News vom 17 Mai

Advanced Explorations Inc.-Correction to May 9th, 2011 Release
May 17, 2011 (Marketwire Canada) --

TORONTO, ONTARIO -- Advanced Explorations Inc. (TSX VENTURE:AXI)(FRANKFURT:AE6) (the "Company" or "AEI") wishes to clarify a typographical error found in its May 9, 2011 press release.

The Company inadvertently stated its target to increase a NI 43-101 compliant resource estimate for its Roche Bay Project to at least "750,000,000 million tonnes". It is believed the duplicate reference to million (both numeric and written) may be confusing, and as a result the Company is pleased to confirm its targeted increase in resource for its Roche Bay Project to 750,000,000 tonnes.

The Company previously reported a NI 43-101 compliant resource estimate at Roche Bay of 323 million tonnes averaging 26.7% total iron at a 20% iron cut-off grade in indicated and 226 million tonnes averaging 25.8% total iron at a 20% iron cut-off grade in inferred categories (as press released April 6th, 2011). Although the Company believes it can increase its resource inventory to a total combined in excess of 750,000,000 tonnes and at grades consistent with those defined to date, the potential quantity and grade remain conceptual in nature. There has been insufficient exploration to define the increase in mineral resource, and the Company is uncertain if further exploration will result in the target being delineated as a mineral resource.

Gary Williams, P. Geo and VP of Advanced Explorations Inc. is the QP within the meaning of NI 43-101 and has reviewed and approved the content of this release.

ON BEHALF OF THE BOARD

John Gingerich, President & CEO  

25.05.11 18:04
1

554 Postings, 5594 Tage leilei3News

Advanced Explorations Files Updated Resource Report on Roche Bay Iron Project
5/25/2011 11:33:17 AM - Market Wire

TORONTO, ONTARIO, May 25, 2011 (MARKETWIRE via COMTEX News Network) --
Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company" or "AEI") is pleased to announce the SEDAR filing of an updated National Instrument (NI) 43-101 compliant mineral resource estimate for the C-Zone of its flagship Roche Bay iron project located on the east coast of the Melville Peninsula in Nunavut, Canada (www.sedar.com).

As press released on April 6, 2011 the resource estimate now includes 323 million tonnes in the Indicated category averaging 26.7% total iron (25.8% magnetic iron) at a 20% iron cut-off grade and an additional 226 million tonnes averaging 25.8% total iron (23.8% magnetic iron) at a 20% iron cut-off grade in the Inferred category. In comparison to the previous resource estimate (as press released March 12, 2009), approximately 60% of the original Inferred resource volume has been re-classified as Indicated. The Resource Report is also available on the Company's website at www.advanced-exploration.com.

The updated mineral resource was completed by Mr. Greg Greenough, P.Geo., a qualified person for Golder Associates who has read and approved the contents of this release.

C-Zone Roche Bay Iron Project April 6, 2011 Mineral Resource Estimate - Indicated and Inferred Resource-------------------------------------------------- Cut-off grade Magnetics Fe (%) Tonnes (Mt) Total Fe % (FE3O4%)(i) --------------------------------------------------INDICATED 20 323.1 26.73 25.77 -------------------------------------------------- 25 211.7 28.74 29.71 -------------------------------------------------- 30 66.2 31.74 36.09--------------------------------------------------INFERRED 20 226.3 25.85 23.85 -------------------------------------------------- 25 135.2 27.84 27.63 -------------------------------------------------- 30 20.6 31.56 35.07-------------------------------------------------- SIO2% AL2O3% MnO % P2O5% S % LOI % --------------------------------------------------INDICATED 50.85 2.86 0.07 0.20 0.70 0.81 -------------------------------------------------- 49.75 2.27 0.06 0.20 0.62 0.67 -------------------------------------------------- 47.59 1.61 0.04 0.20 0.49 0.32--------------------------------------------------INFERRED 51.83 3.09 0.07 0.20 0.81 1.04 -------------------------------------------------- 50.84 2.48 0.06 0.21 0.72 0.93 -------------------------------------------------- 48.08 1.66 0.04 0.19 0.56 0.63--------------------------------------------------(i) Magnetics (Fe3O4 %) are the Satmagan results corrected to reflect Davis Tube test work.  

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