Advanced Explorations Retained Service EBA Engineering to Produces EIS

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Advanced Explorations Inc is pleased to announce that it has retained the services of EBA Engineering Consultants Ltd., a Tetra-Tech Company (“EBA”), to produce the Environmental Impact Statement (EIS) and to support Advance Explorations Inc. through the permitting and engineering processes required to develop its Roche Bay Iron Ore Project located on the coast of the Melville Peninsula in Nunavut, Canada.

EBA has been involved in the project since 2006 and has been an integral part in producing the Company’s environmental baseline studies since that time, including field programs completed annually from 2007 to2010 inclusive. The extensive information collected through the ongoing baseline studies will support the Environmental Impact Statement (“EIS”), which represents an important stage in the permitting process. EBA has extensive Northern and permitting experience and has also established excellent working relationships with INAC (Indian and Northern Affairs Canada) and NIRB (Nunavut Impact Review Board). EBA has an exceptional team having major project experience, specific to mines executed in Northern Canada, including the Nunavut and Northwest Territories.

John Gingerich, President and CEO, commented:

“We are extremely pleased to have been able to retain EBA’s experienced team for this very important next step in moving the Roche Bay project toward production. We are currently finalizing a comprehensive plan to integrate engineering work and EIS phases into the overall permitting process with the approach of simultaneously accomplishing the different requirements in order to accelerate the process. The Company is encouraged by the federal government’s strategy to boost northern sovereignty as it includes recent legislative developments to streamline the impact assessment process and provide more efficient and effective procedures for Northern resource projects (Bill C-25 of the Northern Planning and Project Assessment Act)”.

The Company is also pleased to announce that, in accordance with its obligations under the Royalty Agreement with Roche Bay plc, it has made a payment as required.

Advanced Explorations Inc., based in Toronto, Ontario, is a resource development company that currently focuses on developing its flagship Roche Bay Project, in one of the world’s largest developing iron ore districts. The project is located proximal to a natural deep water harbour on the coast of the Melville Peninsula in Nunavut, Canada giving it many logistical advantages. The project has an inferred resource of 357 million tones, outlined within a small portion of the 140 km of banded iron formation. This iron formation incorporates the Roche Bay deposits, the Company’s Tuktu deposits and other targeted deposits in areas to the north, south and west of the Company’s Roche Bay Project. The preliminary economic assessment from the Roche Bay deposit alone indicates a potential net present value of US $1.1 billion, and the potential for rapid advancement into development of either iron concentrate or high value iron nugget products. The management team has extensive technical, exploration and Canadian Arctic mining expertise to effectively develop the high quality iron ore opportunities on the Melville Peninsula.

EBA Engineering Consultants Ltd., a Tetra-Tech Company (EBA), provides a broad range of engineering and scientific consulting services to clients in domestic and foreign markets. EBA has progressively expanded over the last 40 years and today clients are served by more than 600 engineers, scientists, technologists, and support staff from 10 offices located in Western and Northern Canada.

Tags: advanced exploration, eba engineering, eis produces, mining consulting service, Roche Bay Project, technical exploration, tetra tech company December 17th, 2010

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