MAX Power Mining Corp. (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 spudded its 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, with the program designed to evaluate key commercial metrics including flow, pressure behavior, continuity, concentrations, deliverability and scalability.
This phase marks a critical step in assessing the commercial viability of the natural hydrogen system. 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. Helium is a valuable byproduct that could enhance project economics.
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. This advisory engagement aims to support the company’s strategic initiatives as it advances its hydrogen and helium projects.
The 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.
The implications of this announcement are significant for the emerging natural hydrogen industry. If commercial validation is successful, it could establish a new domestic source of clean hydrogen, supporting decarbonization goals. The presence of high helium values adds further economic incentive, as helium is critical for medical imaging, semiconductor manufacturing, and aerospace applications. Moreover, the 3D seismic survey data suggests substantial structural closures that could host sizable hydrogen accumulations, potentially positioning MAX Power as a key player in the natural hydrogen space.
MAX Power 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. The company is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
For more information, visit the full press release at https://nnw.fm/2S1Nu. Updates on MAX Power are available in the company’s newsroom at https://nnw.fm/MAXXF.
