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Advanced Resources Group, Ltd. Progress Report.


GARFIELD, N.J. -- AVRG announced today the commencement of its precious and strategic metals assay program evaluated at $152,950,000.

AVRG announced today the commencement of its precious and strategic metals assay program to further establish its existing metals value, in addition to its certified See certification.  gold asset base of $152,950,000 based on current gold price.

Further evaluation of the potential for long term precious metals Precious Metals

Valuable metals such as gold, iridium, palladium, platinum, and silver.

Notes:
Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal.
 and strategic metals (tungsten tungsten (tŭng`stən) [Swed.,=heavy stone], metallic chemical element; symbol W; at. no. 74; at. wt. 183.85; m.p. about 3,410°C;; b.p. 5,660°C;; sp. gr. 19.3 at 20°C;; valence +2, +3, +4, +5, or +6. , rhenium rhenium (rē`nēəm), metallic chemical element; symbol Re; at. no. 75; at. wt. 186.207; m.p. about 3,180°C;; b.p. about 5,625°C;; sp. gr. 21.02 at 20°C;; valence −1, +2, +3, +4, +5, +6, or +7. , rhodium rhodium (rō`dēəm), metallic chemical element; symbol Rh; at. no. 45; at. wt. 102.9055; m.p. about 1,966°C;; b.p. 3,727±100°C;; sp. gr. 12.41 at 20°C;; valence +2, +3, +4, +5, or +6. , copper, etc.) production as well as the development of precious and strategic metals derivative programs has compelled management of AVRG to increase its level and scope of metals production beyond just gold.

While our decision for further evaluation and appraisal of precious and strategic metals production will delay our initial small scale production schedule, it will result in large production capacity over the short and long term as well as add the production of a broader scope of products for market. The combined effect of this program will result in greater revenues for AVRG and a higher degree of insulation from price variation in the market place, due to AVRG's increased production capabilities.

We anticipate that an updated production schedule, together with pro-forma cash flow projections A Cash Flow Projection is an attempt to forecast the cash flows that will be generated by an asset, often a company, over a specified time frame. Methodology
Projections can be made with varying levels of detail, but any cash flow projection for a business entails
 will be available in the coming weeks.

The Company's efforts in reassessing its currently owned reserves and metals availability are being met and exceeding expectations. We need to re-evaluate our production capacities across the entire spectrum of precious and strategic metal products. With these efforts, Management expects total valuations to be considerably in excess of $152,950,000.

AVRG is currently in the process of evaluating the construction of additional Company owned and operated processing facilities utilizing the AVRG environmentally sensitive technology in other areas of the country and the world. This will safeguard the Company's cash flow should production in any one area be interrupted by conditions beyond its control.

In addition, AVRG is in discussions involving the potential sublicensing of components of its environmentally sensitive extraction technology to companies in non-competitive markets. This will result in additional cash flow to the Company and the acquisition of potential equity interest in other producers of precious and strategic metals.

Additional details concerning the above mentioned plans will be released by Management as the arrangements are finalized See finalization. .

Management, together with its accounting firm, Moore Stephens, P.C., estimates that the required SEC compliance filings should be current and completed by mid-August 2007.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

The information herein has been prepared by or for management of Advanced Resources Group Ltd. Except for the historical information presented. The above statements are "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995 or regulations there under. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. These risks include the economic health of the global economy, competitive pricing pressures, completion of possible acquisitions, success at integrating and operating any acquired operations or strategic partners and the availability of necessary financing. These statements speak only as of above date, and Advanced Resources Group Ltd disclaims any intent or obligation to update them.

Advanced Resources Group Ltd. is a public company traded under the symbol AVRG.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Jul 31, 2007
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