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Advanced Explorations Releases Results of 2012 Surface Sampling Program at Tuktu Iron; Stocks Hit Year Lows

Advanced Explorations Inc. (AXI.V) announced the results of a general surface sampling and prospecting program recently completed on its Tuktu project area. The 2012 Tuktu East prospecting and mapping program was initiated to continue the evaluation of the direct ship ore potential of the Tuktu 2 area.

It has resulted in the discovery of a new zone of high-grade specular hematite, with surface samples returning values up to 65.67% Fe.

AXI went down by 6% to $0.155, hitting year lows. About 2,000 AXI shares have changed hands.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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