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Aim Exploration Inc. (AEXE)

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Last Post: 10/7/2019 9:23:28 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
PostSubject
#5132   AEXE .0001 thanks for the cheapies!!!!! Lime Time 10/07/19 09:23:28 PM
#5131   Waking up? calavicci 10/03/19 08:25:38 AM
#5130   It will be worth the patience when this Bolando 09/26/19 11:31:38 PM
#5129   Ripe Sanko 09/24/19 02:27:27 PM
#5128   Is it on the move? Armoush 09/24/19 01:30:10 PM
#5127   time to add/buy oilin07 09/23/19 09:01:45 PM
#5126   Stuck on. 0.0001 forever Armoush 09/17/19 06:41:29 PM
#5125   Good to see at least some action calavicci 09/17/19 02:58:56 PM
#5124   You’ll be waiting a long long time Armoush 09/09/19 02:52:38 AM
#5123   Patiently waiting... calavicci 09/06/19 11:05:05 AM
#5122   Thats when u buy oilin07 08/27/19 08:40:52 PM
#5121   This stock has flatlined Armoush 08/27/19 02:32:24 PM
#5120   lol oilin07 08/23/19 09:19:07 PM
#5119   Ohhh it certainly will! I don't think you Bolando 08/20/19 01:48:36 AM
#5118   This stock will never go above 0.0001 stockgenius69 08/19/19 05:34:01 PM
#5117   patience oilin07 08/13/19 10:07:44 PM
#5116   Booooooommmmm! Waiting for this be a ten bagger soon! Bolando 08/07/19 12:56:36 PM
#5115   Targets? Maintenance_Man 08/05/19 11:46:49 AM
#5114   time to run this weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee jammantrader 08/05/19 11:17:58 AM
#5113   AEXE 0.0001 trader53 08/04/19 04:11:06 AM
#5112   Agree totally. Lime Time 07/27/19 12:06:44 AM
#5111   .0002s will b gobbled up soon my friends jammantrader 07/25/19 08:15:57 PM
#5110   buying .0001's if your able to is a oilin07 07/25/19 10:56:10 AM
#5109   ILL BUY YOUR .0001S TOMORROW DEAL jammantrader 07/23/19 08:33:54 PM
#5108   Is anyone able to sell into these large spikes? nyt 07/23/19 06:48:58 PM
#5107   THANKS FOR THE .0001S PEEPS jammantrader 07/23/19 04:06:06 PM
#5106   .0001 need more shares. Lime Time 07/16/19 12:53:20 AM
#5105   ?? oilin07 07/13/19 09:31:38 AM
#5104   Chris Cline bought quality coal at low prices. Sanko 07/08/19 04:36:40 PM
#5103   How do we know a big run is Shime-Shanga 07/08/19 03:31:55 AM
#5102   Agree, and os is on low end for oilin07 07/05/19 04:46:03 PM
#5101   I agree... i will re-add this one, in BuyChill100 07/01/19 10:57:19 PM
#5100   well I just got 10 mil shares last jammantrader 06/28/19 02:40:52 PM
#5099   Easily 8-12X ur money in less then a year. Bolando 06/28/19 01:22:18 PM
#5098   IDIOT LOL BuyChill100 06/25/19 04:03:39 PM
#5090   Will I get change back if I spend Armoush 06/24/19 10:20:20 AM
#5089   I'm not licensed, need ask a licensed broker. RaTrade 06/24/19 10:14:34 AM
#5088   How much will it cost me to purchase Armoush 06/24/19 10:13:03 AM
#5087   Sweet that think I care... yes, posting here RaTrade 06/24/19 10:11:53 AM
#5086   I’ll buy when it hits 0.000000000 Armoush 06/24/19 10:07:18 AM
#5085   Fact traders are giving this ticker time says RaTrade 06/24/19 10:03:28 AM
#5084   Run to 0.00000 and disappear. Pooooffffffff Armoush 06/24/19 10:01:43 AM
#5083   Risk take, so look for low a O/S RaTrade 06/24/19 09:35:13 AM
#5082   Run to 0.0000000000000 Armoush 06/24/19 09:28:42 AM
#5081   accumulation continues run cometh soon jammantrader 06/24/19 08:21:38 AM
#5080   Everyone here has pipe dreams Armoush 06/24/19 01:22:07 AM
#5079   It will disappear soon. Wasted money Armoush 06/24/19 01:03:06 AM
#5078   Excellent point... yes RaTrade 06/22/19 08:20:11 PM
#5077   just like money in the bank until she runs jammantrader 06/22/19 08:07:32 PM
#5076   Didn't realize... figured old information, Thank you RaTrade 06/21/19 03:36:58 PM
PostSubject