Advanced Explorations Inc. Intersects 48 metres of 30.6% Iron

    TORONTO, Sept. 4 /CNW/ - Advanced Explorations Inc. (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")
    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.


    John Gingerich, President and CEO

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

    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
    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


    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: (416) 203-0057 x226

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