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March 27, 2014 --- Vol. 08, No. 13March 2014

Nunavut

GOLD – Northquest Ltd. March 24 said it has filed a technical report on SEDAR with respect to its Pistol Bay property in Nunavut. The 116-page report is titled, “Technical Report on the Pistol Bay Project of Northquest Ltd.” Based on the results obtained from exploration at Pistol Bay, the report recommends that further drilling be completed at the Sako, Vickers, and Bazooka targets to follow up on previous drilling intersections and that additional geological surveys be completed at the various surface gold occurrences on the property as well as a preliminary airborne magnetometer survey of the west half of the property. The technical report was prepared by Northquest President and CEO Jon North, Ph. D., P. Geo., and is dated, effective March 21. The entire technical report is available at www.sedar.com and will also be posted at www.northquest.biz.

MANAGEMENT – Advanced Explorations Inc. Mar. 20 reported that Eric Guo has been appointed chief executive officer of the company. Guo, who has served as a board member since November 2009, has been a significant contributor in assisting the expansion of the company’s China network. He has been actively involved in the daily operations of the Advanced Explorations over the past year and is directly responsible for securing the recent partnership with Hebei Han-Xing Institute of Mining & Metallurgy Design Co., Ltd. China being the world's largest consumer of iron ore has clear objectives and mandates to enhance their interest in the off-shore supply side. During the last three years, as director of AEI, Guo has established solid relationships with steel companies, iron ore trading companies, as well natural resources investment funds from China. As CEO, Advanced Explorations anticipates Guo can more effectively consolidate on a number of new opportunities. Advanced Exploration President and Chairman John Gingerich said, “While I will remain in my role as chairman and president, this change presents a valuable opportunity for Eric to capitalize on his strengths. He has been an important contributor to Advanced Explorations Inc., and his new position reflects our faith in his ability to secure partnerships and financings from China that will allow the Roche Bay project to move forward to development.” Toronto-based Advanced Explorations is focused on developing its Roche Bay and Tuktu iron ore projects on the Melville Peninsula, Nunavut.


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