Advanced Explorations Inc. ADEXF

RE: drill program in may

[zedman4]

There is a slight problem with the Tuktoo discovery; Location.!
What A,B,& C, orebodies have going for them is that they are
close to the sea. The Tuktoo is not.

Unlike the a,b, and c, orebodies; the Tucktoo iron banned
formation will be 60 air klicks (much longer by a road round
lakes and valleys) from the proposed processing plant at Roche Bay.

Lukily the sea side deposits will last many years and the Tucktoo
will not necessarly become a player and can sit on the back burner until then.

We know that the surface grab samples assayed close to 50% magentite
and the exposed hillside is appxo. 60 meters high.

The trick is to find out how deep this orebody is.
Should the bore holes add on an other 160 meters to the 60 meters above
surface; would be good. 
When the time comes to mine it; after the A,B, & C have been exhausted,
maybe the price of pellets will have increased and the pellet plant could be
relocated to the Tucktoo.

Trucking the iron ore to the crushers and pelleting plant may work by cat train
over the ice and snow is another option to look at, but it would have to be
stocked piled during the summer months.

So in closing, The Tucktoo is not a real factor in the immideate delevelopments
of  the company and should not have any significant effect on the immideate s.p.

But since the drill s are close by; may as well use them.