- Business
- Aim Exploration Inc. Aim Exploration Inc. (AEXE), an exploration-stage junior mining company founded in 2010 and headquartered in Henderson, Nevada, engages in the acquisition, exploration, and development of mineral properties with a focus on global mining operations. The company holds interests in anthracite coal projects comprising three mining concessions covering 1,000 hectares in the Province of Otuzco, Peru, acquired from Percana Mining Corp in June 2014; a 40% joint venture interest in the Ravel mining claim in Pasuquin, Ilocos Norte, Philippines, through Paladino Management & Development Corp, which produces feldspar alongside quartz and limestone deposits spanning 24 acres with plans to expand to over 600 acres; and rights to a high-purity silica sand deposit near Kanab, Utah, via a potential acquisition of Crystal Sands LLC involving cash and share payments, featuring 97% quartz content suitable for fracking and industrial uses. Aim Exploration operates primarily in the non-energy minerals sector, targeting industrial minerals such as anthracite coal for steel production, feldspar for ceramics and glass, and silica sand for construction and energy applications, with geographic focus in Peru, the Philippines, and the United States. Recent developments include ongoing upgrades to the Philippine feldspar mine for expanded production capacity, efforts to secure federal approval for additional concession holdings in the Philippines, and advancements in marketing Peruvian anthracite coal to worldwide buyers amid interest from global markets, alongside due diligence confirmation of the Utah silica sand's marketability.