This article has been disseminated on behalf of MAX Power Mining and may include paid advertising.
MAX Power Mining (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has commenced the commercial validation phase at its 28-square-kilometer Lawson Complex in Saskatchewan, host to Canada’s first subsurface natural hydrogen discovery. The company has spudded its Lawson 2-24 well, targeting a large structural closure identified through a recent 3D seismic survey, with drilling expected to reach the primary target zone in approximately two weeks. The program is designed to evaluate key commercial metrics including flow, pressure behavior, continuity, concentrations, deliverability and scalability.
The company also reported encouraging helium potential at Lawson after sealed core tube gas samples from the discovery well returned helium values of up to 8.7%, with additional analysis expected later this month. Separately, MAX Power engaged Hampton Securities Ltd. for a 90-day, non-exclusive capital markets advisory engagement under a one-time cash fee of $400,000.
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About MAX Power
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The Company’s Lawson Discovery near Central Butte, Saskatchewan, represents Canada’s first-ever subsurface Natural Hydrogen system confirmed through deep drilling with data validated by three independent labs. MAX Power has built dominant district-scale land positions across Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits covering prime exploration ground prospective for large-volume accumulations of Natural Hydrogen. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, 100%-owned by MAX Power’s U.S. subsidiary. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
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