Advanced Explorations Inc. Intersects 45.6 % Fe

    TORONTO, July 8 /CNW/ - Advanced Explorations Inc. (the "Company or AEI")
is pleased to announce new results from Zone C1 drilling on its Roche Bay iron
project in Nunavut. To date the company has completed over 5,500 metres of
sampling in 2008 that includes 706 metres from previous drilling. Hole
RB-07-16 has returned a 12 metre interval averaging 45.56% Fe within a broader
interval of 85 metres that averaged 29.91% Fe. The high grade intersection
occurs in an area that was thought to be predominantly lower grade material
((less than)26% Fe). High grade intersections such as this indicate the
potential to increase the high grade zone intersected in the northern portion
of C1.
    The Company currently has 4 drills turning with production now close to
1500 metres in the last week. AEI has completed over 6,980 metres of drilling
(32 holes) 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 (delineation), AEI has extended the C Zone
another 600 metres further along strike to the north. The Company has now
drill tested 5000 metres of the over 6000 metres of inferred strike. A total
of 25 holes are awaiting assay results.
    John Gingerich, President and CEO of AEI, commented;
    "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."


    John Gingerich, President & CEO

    Analysis: All the recent drill core analysis reported in this release was
performed by SGS Lakefield Research. At SGS samples are analyzed for total Fe
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.
    New Grid: The Company has redefined the exploration grid as part of the
engineering studies. The line coordinates (east-west) remain the same but the
line sections have been transformed to eliminate a grid south reference. All
previous grid lines have been increased by 14,400 metres. (e.g. previous line
2800S now 11600N)

    Summary of results
      Hole      Plan    Line    Dip    Iron    Iron  Interval  % Fe  Comment
                         N              Fm      Fm      (m)
                                      (from)   (to)
                                         m      m
    RB-07-16  RBC07-9V  11800    -70    88.0     173      85  29.91     C1
                              degrees W
                                        95.0   107.0      12  45.56  includes
                                       173.0   268.0      95  22.66  Footwall
                                       316.0   341.0      25   27.7  Footwall
    RB-07-12  RBC07-7W  12200    -60    42.0   147.0     105  27.87
                              degrees W
    RB-07-15V RBC07-21V 10200    -90   36.26   169.0  132.74  24.56     C1
                              degrees W
                                       172.0  252.38   80.38  29.35     C1
                                      326.35  379.52   53.17  32.67  Footwall
    RB-08-40  RBC-08-40 11600    -45   49.41  217.49  168.08  26.21     C1
                              degrees W

    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

    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
located proximal to a natural harbour 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


    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.

For further information:

For further information: John Gingerich, President & CEO, Tel: (416)

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