MAX Power Mining Begins Commercial Validation Drilling at Lawson Natural Hydrogen Discovery

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 the Lawson 2-24 well on March 6, 2025, 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. Success could establish the Lawson Complex as a significant source of natural hydrogen, a zero-carbon energy resource. According to the press release, the company also reported encouraging helium potential after sealed core tube gas samples from the discovery well returned helium values of up to 8.7%. Additional analysis is expected later this month.

Helium is a critical gas used in medical imaging, electronics manufacturing, and aerospace. The presence of high helium concentrations alongside hydrogen enhances the project's economic potential. 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.

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 signals the company's commitment to advancing its projects and securing investor interest.

The implications of this announcement are significant for the energy sector. Natural hydrogen, if commercially viable, could provide a low-cost, low-carbon energy source. MAX Power's validation drilling could pave the way for Canada to become a leader in natural hydrogen production. Additionally, the helium discovery adds a valuable byproduct that could improve project economics. Investors and industry observers will closely watch the results from the Lawson 2-24 well, as they could substantially impact the company's valuation and the broader natural hydrogen landscape.