Advanced Explorations Inc. Announces MOU Partners Conducting Hyperspectral Program in Mexico.TORONTO -- AEI AEI American Enterprise Institute AEI Archive of European Integration AEI Australian Education International AEI Automotive Engineering International AEI Australian Education Index AEI Albert Einstein Institute (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:AXI AXI Automated X-Ray Inspection (electronics) AXI Association Xpertise Inc (Calgary, AB, Canada) AXI Ada to X-Window System Interface .H) is pleased to announce that their MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. partner Geologic Business Solutions Inc (GBSI GBSI Group B Strep International (West Wareham, MA) ) have a contract to acquire hyperspectral data over a large area in northern Mexico for Noranda Exploration Mexico, S.A. de C.V. Earth Search Sciences Inc. (ESSI ESSI Ecole Supérieure en Sciences Informatiques (French) ESSI Eon Silicon Solution Inc ESSI Engineered Support Systems Inc. ESSI Education Statistics Services Institute ESSI European Systems and Software Initiative ; also an MOU partner) will provide the data acquisition using their Probe-1 sensor and GBSI will provide the data processing and interpretation. Noranda is a long time user of hyperspectral technology as part of their exploration programs. Hyperspectral technology has proven to reduce exploration costs and increase the rate at which new mineral prospects are identified. Airborne hyperspectral mineral mapping allows geologists to effectively pursue strategic exploration programs over large areas that previously would be considered too costly and time consuming. This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material. Issued and Outstanding 8,174,492 Advanced Explorations Inc. (TSX VENTURE:AXI.H) The NEX/TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Advanced Explorations Inc. (TSX VENTURE:AXI.H) |
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