MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has confirmed the presence of a natural hydrogen system at its Lawson 5 well, located approximately 30 kilometers from its original Lawson Natural Hydrogen Discovery near Central Butte, Saskatchewan. The announcement, disseminated on behalf of MAX Power Mining, marks a significant step in the company's exploration of naturally occurring hydrogen as a potential clean energy resource.
According to the company, the Lawson 5 well reached a depth of 2,175 meters and recovered 62 meters of core. Geological observations identified pronounced iron oxidation, alteration and serpentinization associated with elevated natural hydrogen levels. These findings confirm a natural hydrogen system along the western edge of the Prairie Evaporite. Drilling is now underway at Lawson 6, approximately eight kilometers southeast of Lawson 5, as the company continues to delineate the extent of the system.
MAX Power has now identified active, generative natural hydrogen systems in three areas spanning up to 365 kilometers across Saskatchewan: the Lawson Complex, Lawson 5 and Bracken. This district-scale footprint positions the company as a leading explorer in the emerging natural hydrogen sector. The company has begun a completions program at Bracken, with testing at the Lawson Complex scheduled to follow. The program will evaluate hydrogen concentrations, flow rates, reservoir pressures and other characteristics needed to assess commercial viability. Successful testing could pave the way for commercial production of natural hydrogen, which burns without carbon emissions and could play a role in decarbonizing industries such as steel, cement and transportation.
In addition to its exploration progress, MAX Power reported raising approximately $1.66 million through warrant and stock option exercises between Sept. 1 and Oct. 15, 2026. The company also announced its participation in two Toronto investor conferences on Oct. 28 and disclosed agreements covering advisory services and expanded investor marketing activities. These moves suggest the company is bolstering its financial position and investor visibility as it advances its hydrogen projects.
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. The company 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.
For investors, the confirmation of a natural hydrogen system at Lawson 5 and the ongoing drilling at Lawson 6 are key milestones that could de-risk the project and attract further interest. The completions and testing programs will provide critical data on flow rates and reservoir pressures, which are essential for determining commercial viability. If successful, MAX Power's hydrogen discoveries could contribute to the global energy transition by providing a new, low-carbon energy source. However, as with any exploration-stage project, there are risks associated with drilling outcomes, permitting and market conditions. Investors can find more information on MAX Power's newsroom at https://ibn.fm/MAXXF. The full press release is available at https://ibn.fm/olSTu.
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