MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) announced the mobilization of Savanna Drilling Rig #416 to its Lawson Natural Hydrogen Complex in Saskatchewan. The company has begun a multi-well commercial validation drilling program aimed at what it believes could become the world's first large-scale commercial Natural Hydrogen discovery. The initial well will test a target identified through high-resolution 3D seismic, with the program designed to evaluate key commercial parameters including flow, pressure behavior, continuity, gas concentrations, deliverability and scalability.
The drilling program follows the company's previously announced Natural Hydrogen discovery and independent laboratory confirmation. 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.
In a separate announcement, the company disclosed a six-month renewal of its investor awareness agreement with Emerging Markets Consulting, under which it will pay an additional $400,000 for strategic communications and investor awareness services. MAX Power also granted incentive stock options to certain directors, officers and consultants to purchase up to an aggregate of 5,235,000 common shares under its omnibus equity incentive plan.
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The company 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.
For more information, visit the company's newsroom at https://ibn.fm/MAXXF.
