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Aim Exploration Inc. (AEXE)

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Last Post: 7/21/2018 4:14:10 PM - Followers: 86 - Board type: Free - Posts Today: 2

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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: 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
AEXE News: Quarterly Report (10-q) 05/30/2018 06:10:10 AM
AEXE News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/10/2018 06:21:30 AM
AEXE News: Securities Registration Statement (s-1/a) 01/29/2018 06:08:43 AM
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#4874   Got it change to Wyoming if it gets ChartMasterpieces 07/21/18 04:14:10 PM
#4873   Where did u get that from? 1.5B last 10Q ChartMasterpieces 07/21/18 04:06:03 PM
#4872   Do we have any chance here at all. ? Clutch29 07/20/18 04:15:45 PM
#4871   So low now no reason to trade, they Clutch29 07/19/18 09:45:43 AM
#4870   Isnt this only an increase of 230 or Clutch29 07/18/18 06:32:20 PM
#4869   Unlimited AS? Omg! Dumpathon coming guys....$AEXE no bid KPaul 07/18/18 06:14:43 PM
#4868   Well I guess this explains why i saw Clutch29 07/18/18 06:05:55 PM
#4867   And here is the NOTIFICATION OF LATE FILING, MrLucky 07/18/18 11:48:20 AM
#4866   Translation - "Wyoming makes it better for companies MrLucky 07/18/18 11:26:34 AM
#4865   Also about time for the "we can't file MrLucky 07/18/18 11:20:46 AM
#4864   No theres something bigger here, everyone is panicking, Forever_t_2000 07/18/18 11:19:43 AM
#4863   Tell us, AEXE, what plans you have to MrLucky 07/18/18 11:18:40 AM
#4862   Maybe they can tell us what plans they MrLucky 07/18/18 11:14:08 AM
#4861   All it says, is that Wyoming allows for Forever_t_2000 07/18/18 11:11:45 AM
#4860   They can't mine coal so they are going MrLucky 07/18/18 11:04:22 AM
#4859   No share limit here now? So where's the bottom? Arnold25764 07/18/18 10:58:38 AM
#4858   Game over...AS increased to unlimited now...dilution machine $AEXE KPaul 07/18/18 10:54:29 AM
#4857   8K out. Unlimited shares. MrLucky 07/18/18 10:42:35 AM
#4856   We're all hopeful, hasn't done anything since February Forever_t_2000 07/17/18 08:07:08 AM
#4855   Looks bottom; will run soon imho...$AEXE KPaul 07/16/18 11:46:40 PM
#4854   I'm waiting too. Rainer 07/12/18 09:00:15 AM
#4853   Just waiting and seeing what happens here Forever_t_2000 07/12/18 08:59:14 AM
#4852   Hope were not 2 months late on earnings Clutch29 07/11/18 05:01:41 PM
#4851   New technical for $aexe https://andovercaller.com/aim-exploration-inc-aexe-dips Forever_t_2000 07/11/18 10:57:13 AM
#4850   Something in the wind. Forever_t_2000 07/11/18 10:50:24 AM
#4849   To quote my ex... Don't stop, don't stop!!! MrLucky 07/11/18 10:44:59 AM
#4848   Looky Jeffersons. Wehe movin on up! Clutch29 07/11/18 10:39:10 AM
#4847   I don't get it, the value never goes up. Laz48 07/07/18 07:48:51 AM
#4846   Sell Coal? Is that what this is about? Mani67 07/06/18 12:01:29 PM
#4845   WOW, Hi volume and no gain. Sell some Machman11 07/05/18 06:02:36 PM
#4844   Check this out Turds Clutch29 07/05/18 04:50:30 PM
#4843   I kno....but why. This is becoming a norm Clutch29 07/05/18 12:52:07 PM
#4842   62 million Rainer 07/05/18 12:16:44 PM
#4841   VOLUME....??? Clutch29 07/05/18 12:16:17 PM
#4840   volume Rainer 07/05/18 11:48:29 AM
#4839   Talk about kickin a dead horse... Funny... Sad nyt 07/02/18 10:56:38 PM
#4838   Ya this go round should be interesting. Clutch29 07/02/18 06:36:48 PM
#4837   This time AEXE will probably say they will MrLucky 07/02/18 02:57:23 PM
#4836   I'm sure they would if they could. MrLucky 06/29/18 01:53:07 PM
#4835   Mean while. They can work on deez nuts! Clutch29 06/29/18 01:37:33 PM
#4834   Well, AEXE can start working on that "will MrLucky 06/29/18 12:23:17 PM
#4833   Aexe will easily bounce 10,000 percent once The Bolando 06/26/18 08:24:01 PM
#4832   When your company doesn't actually generate any revenue, MrLucky 06/26/18 04:07:37 PM
#4831   Unbelievable how much volume this thing has and Clutch29 06/26/18 03:15:06 PM
#4830   Should be some crooks somewhere that will pump MrLucky 06/26/18 10:57:13 AM
#4829   I’m on the bid @.0003 $AEXE as well KPaul 06/25/18 06:16:01 PM
#4828   I agree, and I'm on the bid ?? Pied Trader 06/25/18 06:12:34 PM
#4827   When $AEXE runs everyone chases...thanks for these cheapies!!! KPaul 06/25/18 05:49:25 PM
#4826   QB doesn't mean bankruptcy. QB is the upgraded exchange Pied Trader 06/24/18 12:24:21 PM
#4825   This will run like a rocket from here...$AEXE... KPaul 06/24/18 01:32:47 AM
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