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Advanced Explorations

www.advanced-exploration.com

 
Advanced Explorations Inc., based in Toronto, Ontario, is a resource development company focused on developing its Roche Bay and Tuktu Iron Ore Projects in one of the world`s largest developing iron ore districts, the Melville Peninsula in Nunavut. The Ocean-based Roche Bay Project boasts an NI 43-101 compliant resource estimate of over 500 million tonnes outlined within a small portion of the potential 140 km of banded iron formation. A positive feasibility study for the project`s C Zone revealed a net present value of $642M on a base case 5.5 Mtpa start-up concentrate operation and substantial upside potential including becoming ...
  • Number of Employees: 25-100
  • Annual Revenue: $1-10 Million

Executives

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Argex

Argex Titanium has recently transitioned from a mining exploration company to a near-term producer of commodities that the world needs: Titanium Dioxide (TiO2), Iron and Vanadium Pentoxide (V2O5). On April 3, 2012, Argex announced the signing of a technology collaboration with PPG Industries, the second largest paint company in the world, to develop and optimize pigment grade TiO2 for paints and coatings. They will combine PPG’s coatings technology and expertise with Argex’s TiO2 proprietary processing technology. The TiO2 is intended to be compatible with various end-use applications for PPG and would be produced by Argex. Argex and PPG have agreed to certain terms of mutual exclusivity during the negotiation period of the purchase and supply agreement. Argex released on June 29, 2011 its 43-101 compliant resource estimate on its La Blache property. On October 26, Argex released the results of its preliminary economic assessment (PEA) which confirms the technological and economic viability of Argex’s proprietary metallurgical process and clears the path towards the next step, the construction of an industrial-sized pilot plant. Additionally, Argex owns 100% of the Mouchalagane property which is a large Labrador Trough iron ore property that represents further potential upside for the Argex shareholders