Advanced Explorations Announced Iron Ore Results

Advanced Explorations Inc. (TSXV:AXI,FWB:AE6) announced results up to 69.30% iron from the Tuktu iron ore project in Canada.

As quoted in the press release:

The recently completed channel sampling and prospecting program along the northern limits of the Tuktu 2 magnetic anomaly confirms the direct ship ore (DSO) potential of the target. Equally important to the high iron grades is the consistent low Sulphur content.

This recent field work represents a follow up examination of the 2,100 metre, Tuktu 2 magnetic anomaly that in 2011 yielded 63.85 % Fe and 62.26% Fe (see press release – October 26, 2011) separated by 1,600 metres. The southernmost limits have not yet been examined. The July 2012 results, summarized below and taken within 100 metres of 2011′s 63.85% Fe sample confirm the presence of very high grade iron at Tuktu over a substantial area.

Click here to read the Advanced Explorations Inc. (TSXV:AXI) press release.