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Tuesday, 09/14/2010 8:57:25 PM

Tuesday, September 14, 2010 8:57:25 PM

Post# of 1029




Advanced Exploration Inc.









Advanced Exploration Inc. based in Toronto, Ontario, is a resource development company focused on developing high quality iron ore opportunities. With the option to earn a 100% interest in the Roche Bay Magnetite Project located on the Melville Peninsula in Nunavut, Canada, AEI plans to produce high quality granulated pig iron (nuggets) from the 357 million tonnes inferred resource of the project’s C-Zone. In the spring of 2009, AEI announced a preliminary economic assessment for the project indicating a potential US $2.76 billion net present value, a minimum of 50 years mine life and a return on investment between three and five years.

Led by an experienced management team with technical, exploration and mining expertise the company has the capabilities to rapidly advance the Roche Bay Project and explore other local and global opportunities. Due to its unique location proximal to a natural deep water harbour the Roche Bay deposit benefits from transportation efficiencies possibly making it one of the world's premium iron ore prospects.


Advanced Exploration Inc. - 4 Year Chart



Advanced Exploration Inc. - 1 Year Chart

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