Advanced Explorations Updates 43-101 for Roche Bay

Advanced Explorations (OTC Other: ADEXF; TSX-V: AXI) has filed  its updated NI 43-101 resource estimate on Roche Bay on Sedar (www.sedar.com).  Per the Company’s January 17th press release, below are highlights from the update:

  • 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 (as press released April 06, 2011) the Indicated resource has increased by approximately 55%.

Read More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: