MAX Power Mining (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) reported that intermediate casing at its Lawson 5 well has been completed at approximately 1,100 meters measured depth, with drilling proceeding toward the Prairie Evaporite, interpreted as a key trap and seal for Natural Hydrogen accumulation. The update marks a significant step in the company's exploration of what it believes could be a major natural hydrogen system in Saskatchewan.
Lawson 5 is a 30-kilometer step-out northeast of Lawson 4 and is testing the potential west-to-east extension of the Lawson Natural Hydrogen system toward the Salt Wall. The Salt Wall Corridor extends approximately 475 kilometers north-south through the Genesis Trend to the Saskatchewan-North Dakota border. This vast geological feature could host substantial hydrogen resources if the system is confirmed. At deeper levels of Lawson 5, MAX Power plans to investigate a faulted fracture system associated with dissolution of the evaporite salt as it seeks to expand the scale of the Lawson Discovery.
The company said upcoming completions at Lawson and Bracken are designed to address composition, flow and deliverability, while data from each well will also contribute to the proprietary dataset supporting MAXX LEMI. For investors, these results are critical because they will provide the first real indications of whether the hydrogen can be produced at commercial rates and what the gas composition looks like. Natural hydrogen, if proven viable, could offer a low-carbon energy source that does not require the same extensive infrastructure as other hydrogen production methods.
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The Company’s 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. This land package gives the company a first-mover advantage in a potentially new energy play.
MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are 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 dual focus on hydrogen and critical minerals positions the company to benefit from multiple energy transition trends. MAX Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement, and strong corporate governance.
For ongoing updates, the latest news relating to MAXXF is available in the company’s newsroom at https://ibn.fm/MAXXF. The full press release can be viewed at https://ibn.fm/MSs2i.
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