TORONTO, ONTARIO--(Marketwire - Oct. 26, 2011) - Advanced
Explorations Inc. (the "Company" or
"AEI") today announces the first set of assay
results from the 2011 geophysical prospecting program at
the Tuktu Iron Project located within 60 km north of the
Company's Roche Bay Iron Project on the east coast of
the Melville Peninsula, Nunavut. High grade samples of
63.85% and 62.26% iron respectively were taken from banded
iron formation ("BIF") on the HABS 2 claim
located approximately 6 km from the south-east portion of
the Tuktu deposit where a 2011 drill program is about to
deliver an initial NI 43-101 compliant resource estimate.