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Aim Exploration Inc. (AEXE)

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Last Post: 5/23/2019 10:29:02 PM - Followers: 81 - 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: Termination of Registration of a Class of Security Under Section 12(g) (15-12g) 11/28/2018 12:17:12 PM
AEXE News: Amended Quarterly Report (10-q/a) 08/28/2018 05:08:06 PM
AEXE News: Quarterly Report (10-q) 08/14/2018 06:19:18 AM
AEXE News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 07/18/2018 11:40:24 AM
AEXE News: Current Report Filing (8-k) 07/18/2018 10:30:11 AM
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PostSubject
#5041   whats up here? oilin07 05/23/19 10:29:02 PM
#5040   Anytime soon? Maintenance_Man 05/21/19 12:39:26 PM
#5039   Gonna Boom! Bolando 05/17/19 06:41:05 PM
#5038   ____________ Alerting - AEXE Traders ! __________________ trader53 05/15/19 12:31:49 PM
#5037   Just realized my reply was a mistake as nyt 05/11/19 12:27:15 AM
#5036   Baloney...... Old baloney at that..... which does not nyt 05/10/19 11:36:22 PM
#5035   Been following this one for a long while, Forever_t_2000 05/10/19 09:24:30 PM
#5034   Yeah and oil companies get fined when they Bolando 05/10/19 07:04:55 PM
#5033   Have not been here for a while, has casignguy 05/10/19 03:46:59 PM
#5032   Water under bridge ,Mate Sanko 05/10/19 03:41:01 PM
#5031   https://dockets.justia.com/docket/new-york/nysdce/1:2018cv10823/505070 Forever_t_2000 05/10/19 01:40:58 PM
#5030   THIS ONE WILL RUN FAST! Bolando 05/09/19 03:51:08 PM
#5029   Been holding , will continue. As long as Sanko 05/06/19 10:17:52 AM
#5028   News or scam ? mars2063 05/04/19 09:26:55 AM
#5027   this is gonna move eventually crazy collab zzinthecut28 04/26/19 09:56:22 PM
#5026   ready to roll Sanko 04/25/19 01:50:33 PM
#5025   Any word on the stock with the news 420starz 04/22/19 04:57:26 AM
#5024   AEXE 0.0001 - BUY trader53 04/01/19 07:46:58 AM
#5023   Just now realize that Forever_t_2000 03/22/19 05:08:45 AM
#5022   Never mind .... this one is garbage.... @__FREEMONEY 03/21/19 11:13:43 PM
#5021   AEXE .0001 Wizard play! @__FREEMONEY 03/20/19 03:29:24 PM
#5020   MEGA LOTTO trips lotto Fiesta11 03/12/19 04:44:12 PM
#5019   This is what all longs don't get with Fiesta11 03/12/19 04:43:54 PM
#5018   Sticky this...... Toast! nyt 03/12/19 01:54:34 PM
#5017   ditto. gta choctaw 03/08/19 10:18:15 PM
#5016   MODS PLEASE STICKIE THIS POST -->> TIA @__FREEMONEY 03/08/19 09:52:27 PM
#5015   ALERT ALL IDIOT TRADERS.... INCLUDING MYSELF!!! AEXE MIGHT @__FREEMONEY 03/08/19 09:49:35 PM
#5014   SOMETHINGS UP!!! AEXE IM LOADED N READY!!! @__FREEMONEY 03/08/19 09:44:04 PM
#5013   Usually the pigs at least have a website Fiesta11 03/06/19 05:01:35 PM
#5012   So literally this stock is rock bottom and Forever_t_2000 02/28/19 02:56:52 PM
#5011   BUAHAHAHAHAHA THIS THING IS GOING NOWHERE FAST! JP$ 02/28/19 01:19:46 PM
#5010   SMART MONEY WILL MOVE ON TO MUCH GREENER JP$ 02/28/19 01:18:25 PM
#5008   AVOID THIS TURD, FLUSH IT. JP$ 02/28/19 01:14:29 PM
#5007   YES PLEASE SELL LMFAO NOOOOOOB CITY @__FREEMONEY 02/28/19 01:14:08 PM
#5006   PEOPLE SHOULD SELL HERE AND FIND MUCH GREENER JP$ 02/28/19 01:13:27 PM
#5005   NOOOOOB CITY U BROTHA LMFAO @__FREEMONEY 02/28/19 01:12:21 PM
#5004   STRAIGHT UP TRASH, CHURRNIG HOT GARBAGE, BUAHAHAHAHAHAHA! JP$ 02/28/19 01:11:39 PM
#5003   BWAHAHAH ALREADY MOVED N STILL CHURNING @__FREEMONEY 02/28/19 01:08:50 PM
#5002   POS ISN'T GOING ANYWHERE. GARBAGE. JP$ 02/28/19 01:08:09 PM
#5001   Hey anyone interested hit me with a follow, Fiesta11 02/27/19 06:30:49 PM
#5000   Don't care how legal or illegal any otc Fiesta11 02/27/19 06:29:56 PM
#4999   $$ AEXE $$ DESERVES NEWS... TILL THEN I @__FREEMONEY 02/26/19 10:33:11 PM
#4998   I just want to know how the legal Forever_t_2000 02/26/19 10:30:26 PM
#4997   ITS BEEN HOT FOR AWHILE MY FRIEND!!! LEGENDS @__FREEMONEY 02/26/19 08:20:28 PM
#4996   Cant go any lower Forever_t_2000 02/26/19 08:03:32 PM
#4995   LOADED ON THIS SCAM!!! LETS HIT COPPER!!! @__FREEMONEY 02/26/19 04:20:53 PM
#4994   Finally saw some 2 today Forever_t_2000 02/21/19 05:38:43 PM
#4993   At this price, the only direction it can Forever_t_2000 02/17/19 10:40:05 AM
#4992   AEXE 0.0001 ***** trader53 02/16/19 05:44:23 PM
#4991   Slow and steady. Forever_t_2000 02/15/19 07:40:55 PM
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