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.
The program is designed to evaluate key commercial metrics including flow, pressure behavior, continuity, concentrations, deliverability and scalability. This phase aims to determine the viability of commercial production of natural hydrogen, a potential clean energy source that could play a key role in decarbonization. The company also reported encouraging helium potential at Lawson, with sealed core tube gas samples from the discovery well returning helium values of up to 8.7%. Additional analysis is 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. This move could help the company navigate the capital markets as it advances its exploration and development activities.
The Lawson Discovery near Central Butte, Saskatchewan, represents a milestone as 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.
Natural hydrogen, also known as white hydrogen, is gaining attention as a potential low-carbon energy source that can be produced directly from underground reservoirs. If commercially viable, the Lawson discovery could reduce reliance on hydrogen produced from fossil fuels, supporting global decarbonization goals. The implications extend beyond hydrogen, as the associated helium values add another revenue stream and strategic value.
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.
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