Feldspar Business Is Heating Up in the Philippines for Aim Exploration, Inc.
HENDERSON, NV--(Marketwired - Dec 17, 2015) - AIM Exploration Inc. (OTCQB: AEXE)
AIM Exploration Inc. is excited to announce their partially owned subsidiary in the Philippines, Paladino Mining and Development Corp has begun to get ready to deliver the increased 2016 order to Royal Tern Ceramics. Delivery is anticipated to start in January 2016.
The operations are going very well as the Paladino sales team has been working diligently to market their product to other major companies. The latest being Asia Breweries. Samples have been provided and testing is currently being conducted. Paladino representatives are confident the feldspar will meet their standards. Asia Brewery will be looking towards a supply of 500 tons per month.
In addition, San Miguel Breweries are completing testing and so far have indicated the tests should meet their high quality requirements and Paladino is getting positioned to supply their needs.
Paladino is also supplying and working with a group of researchers with the Polymer Research Laboratory located in the University of the Philippines Diliman. The group is conducting scientific research on the application of minerals as fillers to rubber, plastics, and other polymeric materials. The group will be testing the feldspar as feasible commercial filler for rubber and plastics, the researchers are very optimistic feldspar will work which opens up another lucrative market for the feldspar mineral.
J.R. (Bob) Todhunter, the company's CEO, stated, "This latest news is very exciting for our shareholders, and is the result of the hard work and efforts of our team on the ground in the Philippines. This also demonstrates our diversity of revenue and income streams and will serve our company well as we continue to move forward into the New Year."
About AIM Exploration, Inc.
AIM Exploration Inc. (OTCQB: AEXE) is a Nevada headquartered company with an operational office in Manila City, Philippines and Lima Peru. AIM operates as a junior mining company focusing on global mining, exploration and production. The company currently has two existing projects, a 40% interest in a Feldspar mine and production plant located in the Philippines and 100% ownership of an Anthracite coal project located in Peru. The Feldspar mine is currently producing and is currently undergoing upgrades for expanded production. The operation is controlled by Paladino Mining and Development Corp. The Anthracite Coal project, AIM owns and controls through its wholly-owned subsidiary Aim Exploration SA. It is considered to be high grade Anthracite Coal mining properties in the Alto Chicama basin, in the province of Otuzco in Peru.
Please read the original article here: https://upticknewswire.com/ feldspar-business-is-heating-up-in-the-philippines-for-aim-exploration-inc
Forward-Looking Statements
Certain information set forth in this press release contains "forward-looking statements" and "forward-looking information" under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include management's assessment of future plans and operations and are based on current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "estimates," "expects," "anticipates," "believes," "projects," "plans," "targets," and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause AIM's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements.
Contact
Contact:
AIM Exploration Inc.
J.R. (Bob) Todhunter
Director, President & CEO
www.aimexploration.com
info@aimexploration.com
https://twitter.com/aimexploration
