MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has started the commercial validation phase at its 28-square-kilometer Lawson Complex in Saskatchewan, which hosts Canada’s first subsurface natural hydrogen discovery. The company spudded the Lawson 2-24 well, targeting a large structural closure identified through a recent 3D seismic survey. Drilling is expected to reach the primary target zone in approximately two weeks. This program aims to evaluate key commercial metrics including flow, pressure behavior, continuity, concentrations, deliverability and scalability.
The company also reported encouraging helium potential at Lawson. 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.
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 of permits covering prime exploration ground prospective for large-volume accumulations of natural hydrogen.
The company also holds a portfolio of properties in the United States and Canada focused on critical minerals, 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.
This announcement is important because it marks a significant step in validating the commercial viability of natural hydrogen in North America. If successful, it could establish a new domestic source of clean energy, reducing reliance on fossil fuels and imported hydrogen. The high helium values also add potential economic value, as helium is a critical resource for medical imaging and semiconductor manufacturing. The engagement with Hampton Securities suggests the company is preparing for capital markets activities to fund further development.
For more details, the full press release is available at https://nnw.fm/2S1Nu. Updates on the company are available in its newsroom at https://nnw.fm/MAXXF.
