Advanced Explorations Inc. (CVE:AXI,FRA:AE6) provided an update on its progress relating to the 2011 Roche Bay iron project program.
Advanced Explorations Inc. (TSXV:AXI,FRA:AE6) provided an update on its progress relating to the 2011 Roche Bay iron project program.
The press release is quoted as saying,
The 2011 summer resource and geotechnical drilling at Roche Bay has recently been completed, and the Company is in the process of closing down onsite field activities. The results from the civil geotechnical program will be used to finalize the layout of infrastructure for the ongoing Feasibility Study (“FS”). Resource and technical information gained from this program will be used to update the tonnage for the resource model, while upgrading inferred to indicated resources and for the open pit geotechnical study.