MAX Power Mining Completes Canada's First Natural Hydrogen Well, Confirms Presence Across Multiple Horizons

MAX Power Mining has announced completion of Canada's first well drilled specifically for natural hydrogen, reaching 2,278 meters at the Lawson target on the Genesis Trend and confirming natural hydrogen across multiple geological horizons from shallow Cretaceous units into the basement complex. This successful test of concept initiates detailed analysis of hydrogen and helium concentrations and sets up additional testing at Lawson to assess flow potential and volume. The company is accelerating its fully funded second well at the Bracken target, with seismic work to be completed within weeks, while advancing multiple targets across a 1.3-million-acre land package supported by collaborations with PTRC and backing from noted investors including Eric Sprott and Southeast Asia partners.

The confirmation of natural hydrogen across multiple geological horizons represents a significant milestone for Canada's clean energy transition. Natural hydrogen, also known as white or gold hydrogen, occurs naturally in the Earth's crust and offers a potentially cleaner alternative to manufactured hydrogen, which typically requires substantial energy inputs. The successful drilling at the Lawson target demonstrates the viability of natural hydrogen exploration in Canada and positions MAX Power as a first mover in this emerging sector. The company's extensive land position of approximately 1.3 million acres covering prime exploration ground provides substantial opportunity for discovering large volume accumulations of natural hydrogen.

Concurrent with the Lawson well results, MAX Power is rapidly advancing its second well at the Bracken target, indicating strong momentum in its exploration program. The company's collaboration with PTRC provides technical expertise and support for the ongoing exploration efforts. The backing from prominent investors including Eric Sprott and Southeast Asia partners underscores the growing interest and confidence in natural hydrogen as a viable clean energy source. This development comes at a critical time as Canada and other nations seek to diversify their energy portfolios and reduce carbon emissions.

The successful completion of Canada's first natural hydrogen well marks an important step forward in the country's energy transition strategy. Natural hydrogen has the potential to play a significant role in decarbonization efforts, particularly in hard-to-abate sectors where electrification remains challenging. The confirmation of hydrogen presence across multiple geological horizons suggests the possibility of substantial reservoirs that could be commercially viable. As MAX Power continues its exploration program and advances additional targets across its extensive land package, the results from the Lawson well provide valuable data and insights that will guide future natural hydrogen development in Canada and beyond.