Advanced Explorations Inc.
TSX VENTURE : AXI.H
NEX BOARD : AXI.H
TSX VENTURE : AXI

Advanced Explorations Inc.

September 04, 2008 10:32 ET

Advanced Explorations Inc. Intersects 48 metres of 30.6% Iron

TORONTO, ONTARIO--(Marketwire – Sept. 4, 2008) - Advanced Explorations Inc. (TSX VENTURE:AXI.H)(NEX BOARD:AXI.H)(TSX VENTURE:AXI) (the "Company or AEI") is pleased to announce new assay results from drilling on its Roche Bay project in Nunavut, Canada. During the 2008 drill program over 16,000 metres of NQ sized (45 mm) diamond drilling has been completed along nearly 5 kilometres of strike length on the C Zone Banded Iron Formation ("BIF") structure.

Drill hole RBC-08-62, drilled on section 10400N, has intersected 48 metres of 30.6% iron within a broader interval of 326 metres of BIF that assayed 25.31% iron. The drill hole marks the deepest BIF intercept on the property to date and confirms iron mineralization to depths greater than 550 metres below surface. See the attached table for current drilling details.

John Gingerich, President & CEO of AEI, commented;



With drill results beginning to come in more consistently we are
continuing to verify the potential of the property. The C Zone banded
iron formation has now been tested along 5,000 of its 6,000 metres of
strike and locally to depths in excess of 500 metres. Previous
drilling on the A and B zones adds to this potential.


Additionally, partial assays received to date indicate that drill hole RBC-08-60, drilled on section 11200N, has reported 173 metres of a 273 metre intersect of BIF. The 173 metre section reported averaged 26.72% iron.

ON BEHALF OF THE BOARD

John Gingerich, President and CEO



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Hole Line Coordinate Azimuth Dip From To Interval Iron
Number (N) (E) (m) (m) (m) (% Fe)
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RBC-08-59 14000 857 305 -45 115.6 133.7 18.1 25.39
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RBC-08-60 11200 1032 305 -65 254.1 427.6 173.6 26.72
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(i) (i) including 305 (i) 296.0 322.0 26.0 29.41
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(i) (i) including 305 (i) 400.0 423.0 23.0 29.55
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RBC-08-61 9600 800 305 -50 79.9 231.4 151.5 26.39
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(i) (i) including 305 (i) 103.0 133.0 30.0 28.93
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(i) (i) including 305 (i) 151.0 191.0 40.0 31.08
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RBC-08-62 10400 1000 305 -75 246.0 572.0 326.0 25.31
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(i) (i) including 305 (i) 282.0 330.0 48.0 30.62
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(i) (i) Including 305 (i) 378.0 412.0 34.0 29.52
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(i) (i) including 305 (i) 550.0 564.0 14.0 32.97
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RBC-08-63 13600 900 305 -45 64.1 138.5 74.4 25.85
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RBC-08-64 9400 625 305 -45 15.7 39.3 23.6 23.53
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(i) (i) and 305 (i) 66.9 99.0 32.1 27.45
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RBC-08-65 13600 900 305 -70 98.1 157.2 59.1 25.08
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Gary Williams P. Geo and VP of Advanced Explorations Inc. is the QP within the meaning of 43-101 and has reviewed and approved the content of this release.

Analysis: All the recent drill core analysis reported in this release was performed by SGS Lakefield Research. At SGS samples are analyzed for total iron using XRF techniques. SGS also undertakes Satmagan analysis to estimate the portion of magnetic iron. The company augments the laboratory QA/QC procedures by selectively adding additional control samples. Core sample intervals for 2007 were 1 metre and increased to 2 metres except where intervals cross geologic boundaries in which case the sample length is adjusted accordingly.

ABOUT Advanced Explorations Inc.

AEI, based in Toronto, 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. AEI has the management, technical and exploration expertise and experience to rapidly advance the Roche Bay magnetite project which was acquired in June, 2007, as well as develop new opportunities in the area and globally. The Roche Bay magnetite project is located proximal to a natural harbour which makes it potentially one of the world's premier iron ore opportunities. Shares of the company trade on the TSX Venture Exchange under the symbol AXI. For more information please visit www.Advanced-Exploration.com.

This news release also includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED OR DISAPPROVED OF THE CONTENTS HEREIN.

Contact Information

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