Advanced Explorations Inc. announced two National Instrument (NI) 43-101 compliant mineral resource estimates for the C-Zone and an initial resource estimate of the A/B-Zone both located within its Ocean-based Roche Bay Iron Project on the East Coast of the Melville Peninsula in Nunavut, Canada. The resource estimate now includes 501 million tonnes in the Indicated category averaging 26.35% total iron (25.67 % magnetic iron) at a 20% iron cut-off grade. A further 66 million tonnes averaging 26.37% total iron (25.72% magnetic iron) at a 20% iron cut-off remains in the Inferred category. In comparison to the previous resource estimate the Indicated resource has increased by approximately 55%. An initial resource estimate for the Roche Bay Project's A/B-Zone reported the following: The initial resource estimate for the A/B-Zone is 92 million tonnes in the Inferred category averaging 24.64% total iron at a 20% iron cut-off grade. The A/B-Zone is located approximately 5 kilometres to the north east of C-Zone and is part of the same Banded Iron Formation. The area included in the Inferred resource represents only a small portion of the actual A/B-Zone magnetic footprint. Drill holes used in this Inferred estimate were part of the 2008 drill campaign and historical holes drilled in 1982 by Borealis Exploration.