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Aim Exploration Inc. (AEXE)

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Last Post: 1/22/2018 8:57:44 PM - Followers: 70 - Board type: Free - Posts Today: 0

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Welcome to   AEXE
 

Aim Exploration Inc. (AEXE) is a Henderson, Nevada headquartered company. Aim operates as a mining company focusing towards Anthracite production in Peru and worldwide marketing through a joint venture corporation with Prina Energy of India. The joint venture marketing arm is currently in the process of being formed and is intended to have the head office in Dubai, UEA.

The Anthracite Coal concessions are owned and/or controlled through their wholly owned subsidiary Aim Exploration SA. in Peru. AIM considers the mining concessions in Peru to be a high grade Anthracite Coal property in the Alto Chicama basin, in the province of Otuzco in Peru. Aim SA acquired these rights by purchasing these assets from Percana Mining Corp (Percana SA), a Peruvian corporation.

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Did You Know?

 Coal is the world's largest source of energy for the production of electricity.

 1 billion tons of coal used in global industrial steel production each year.

 There are zero alternatives to coal in the industrial steel-making process.

 
Peru Project Site Details
Lajon is located in Huaranchal, which is one of ten districts in the province of Otuzco. It is about a two-hour drive from Trujillo (the second largest city in Peru), and an equal distance to the city of Otuzco. It is also strategically located 200km from Salaverry, which features a port that can service ships with capacities of up to 35,000 tons. The Port of Salaverry provides direct access to the Pacific Ocean.
 

INFRASTRUCTURE

  A river adjacent to the property provides access to water for mining operations. However, most of the coal on the property may be extracted with minimal or no coal washing.
 
Power lines cut through the property, although Aim is yet to ascertain the capacity of these lines. The company expects to use diesel powered equipment for most of its mining activities.
 
The first half of the road from the property to Otuzco is along steep mountainsides and can support 25-ton trucks. The next half of the road to Otuzco is better maintained and can also support 25-ton trucks. The road from Otuzco to the Port of Salaverry is well constructed, paved, and has bridges that can support up to 50-ton loads. This will facilitate smooth hauling of coal to the port

 


The assets encompass 1,000 hectares of mining concession property consisting of three sites of 600, 200 and 200 hectares respectively. Percana SA initially acquired these properties based on indications of the presence of high grade anthracite coal. Illegal artisan miners are currently operating multiple one-entry mines on the property, which further indicates the presence and mine-ability of these deposits. To verify the geology and quality of the coal, Percana SA commissioned local geologists to compile a technical report on the 1,000 hectares. Although the report yielded optimistic estimates of resources, reserves and economics, it does not meet public reporting standards.

 
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Anthracite coal is a highly desirable resource with a variety of uses. It is primarily used in the manufacturing of steel, the production of cement, and the generation of electricity. 70% of the steel produced globally relies on coal (World Coal Association, 2013); 200kg of coal is required to produce one ton of cement (Van Oss, 2012); and 41% of global electricity production relies on coal (Clemente, 2012). Anthracite is the highest ranking coal because it is older and harder, contains more carbon, has lower moisture content, and burns hotter than any other type of coal. Comprising only 1% of global reserves, anthracite is also the cleanest burning fossil fuel on the planet (Cornerstone, 2013).

Once the joint venture with Prina Energy Aim intends to sell its output to international customers through the joint venture corporation concentrating the marketing efforts in India.

The unavailability of Anthracite Coal in India creates a huge potential for coal as a fuel for Indian Steel industry, which is growing on progressive and steady pace. Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors.


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$AEXE on Twitter--> @AEXEQB
 
 
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AEXE News: Quarterly Report (10-q) 01/22/2018 04:59:37 PM
AEXE News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 01/16/2018 01:34:16 PM
AEXE News: Statement of Ownership (sc 13g) 12/29/2017 06:13:25 AM
AEXE News: Securities Registration Statement (s-1) 12/11/2017 04:53:08 PM
AEXE News: Amended Annual Report (10-k/a) 12/11/2017 01:35:44 PM
News News Alert: Quarterly Report (10-q) 01/22/2018 04:59:37 PM
PostSubject
#3572   Pretty basic stuff and the key is there TJG 01/22/18 08:57:44 PM
#3571   Thoughts on the 10q anyone. It seems better Clutch29 01/22/18 06:32:07 PM
#3570   ??? clb5412 01/22/18 05:55:32 PM
#3569   Why are we holding AEXE again? snax 01/22/18 05:47:13 PM
#3568   Looks familiar. MrLucky 01/22/18 05:21:35 PM
#3567   So their 10Q is out now! clb5412 01/22/18 05:01:58 PM
#3566   Well it wont happen tomorrow, since AEXE TJG 01/22/18 04:46:49 PM
#3565   Also need an update on the name change MrLucky 01/22/18 04:14:41 PM
#3564   Not bad day... after the panic sell TJG 01/22/18 04:07:00 PM
#3563   Thx TJG ....been busy all morning but still here. GREGG THE GREEK 01/22/18 02:53:16 PM
#3562   Received a tweet back concerning my question on TJG 01/22/18 01:54:56 PM
#3561   Folks need to remember the Q is due TJG 01/22/18 10:37:54 AM
#3560   when should we know about any pending r/s ? joe117 01/22/18 10:28:05 AM
#3559   That drop allowed me to get my average TJG 01/22/18 10:18:57 AM
#3558   Thats an understatement... early morning shake, looking for TJG 01/22/18 10:12:58 AM
#3557   Looking at the 30Min....50-200 Cross coming!! USMC7777 01/22/18 10:11:54 AM
#3556   Looking for some upward excitement here... PapaWulfe 01/22/18 10:04:19 AM
#3555   They need to tweet some good news or TJG 01/22/18 09:20:47 AM
#3554   Agree....don't see any fundamental change here and as GREGG THE GREEK 01/22/18 09:08:25 AM
#3553   Basically every Pinksheet stock out there considers a TJG 01/22/18 07:57:26 AM
#3552   Yep, who cares. Considering means squat. KUMO TWIST 01/21/18 08:29:10 PM
#3551   The reverse split was almost 5 months ago Clutch29 01/21/18 08:22:17 PM
#3550   It still implies that they’re considering a reverse tutankhamuns 01/21/18 08:21:21 PM
#3549   Not exactly. "That is why we do not KUMO TWIST 01/21/18 08:17:17 PM
#3548   Company confirmed via Twitter that a reverse split tutankhamuns 01/21/18 08:03:04 PM
#3547   Next leg up tomorrow IMO KUMO TWIST 01/21/18 06:40:38 PM
#3546   Our resistence level on upside 1st support is Clutch29 01/19/18 06:33:25 PM
#3545   Definitely could have used a better close......have a GREGG THE GREEK 01/19/18 04:19:27 PM
#3544   Not sure who it was but he was TJG 01/19/18 04:14:12 PM
#3543   Not the close I was looking for but TJG 01/19/18 04:13:25 PM
#3542   Thanks. I got into trading to cure my Clutch29 01/19/18 03:31:57 PM
#3541   Congrats on the 8th place. These sub-penny MrLucky 01/19/18 02:52:33 PM
#3540   You too. Started my weekend last nite with Clutch29 01/19/18 02:15:14 PM
#3539   Guess I can't retire today. Have a MrLucky 01/19/18 02:04:45 PM
#3538   Yup and we are doing just fine. Had GREGG THE GREEK 01/19/18 12:14:24 PM
#3537   Name of the game and why we are GREGG THE GREEK 01/19/18 12:01:30 PM
#3536   CEO used to work for Royal Bank of KUMO TWIST 01/19/18 11:50:52 AM
#3535   Its not a long stretch to think a TJG 01/19/18 11:41:43 AM
#3534   Could be huge TJG GREGG THE GREEK 01/19/18 11:38:56 AM
#3533   Something is definitely brewing....I'm liking it. GREGG THE GREEK 01/19/18 11:38:29 AM
#3532   Based on this Tweet from Jan 18, if TJG 01/19/18 11:37:16 AM
#3531   AEXE tweet. I'm telling ya could be rare KUMO TWIST 01/19/18 11:29:19 AM
#3530   Holding steady here. GREGG THE GREEK 01/19/18 11:08:16 AM
#3529   Hearing rumors of some kinda blockchain exchange for KUMO TWIST 01/19/18 10:38:04 AM
#3528   Truly believe there is a lot more coming here.. GREGG THE GREEK 01/19/18 10:26:34 AM
#3527   This has been all opportunity on every dip. JH Mcdough 01/19/18 10:13:34 AM
#3526   Well then take and back hand those bid TJG 01/19/18 10:09:27 AM
#3525   .003 support test then another big move into tutankhamuns 01/19/18 10:07:42 AM
#3524   Just because it is Friday is not an MrLucky 01/19/18 10:01:25 AM
#3523   Agree TJG.......been a solid move up and still GREGG THE GREEK 01/19/18 09:49:24 AM
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