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, signals a significant step in the company's exploration efforts and underscores the potential for a new energy resource in the region.
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 an active, generative natural hydrogen system along the western edge of the Prairie Evaporite. Drilling is now underway at Lawson 6, approximately eight kilometers southeast, as the company continues to expand its exploration footprint.
The confirmation at Lawson 5 is particularly important because it represents the third area where MAX Power has identified active natural hydrogen systems, spanning up to 365 kilometers across Saskatchewan. This includes the Lawson Complex, Lawson 5, and Bracken. The ability to identify multiple systems across such a wide area suggests that natural hydrogen may be more widespread in the region than previously thought, potentially boosting the case for commercial development. MAX Power 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.
Investors can access the full press release at https://ibn.fm/olSTu and stay updated on the company's progress through its newsroom at https://ibn.fm/MAXXF. The company also reported raising approximately $1.66 million through warrant and stock option exercises between Sept. 1 and Oct. 15, 2026, providing additional capital to fund its exploration and testing activities. Additionally, MAX Power announced its participation in two Toronto investor conferences on Oct. 28 and disclosed agreements covering advisory services and expanded investor marketing activities.
MAX Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. Its Lawson Discovery near Central Butte represents Canada's first-ever subsurface natural hydrogen system confirmed through deep drilling with data validated by three independent labs. The company 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. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals, including a 2024 diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona, 100%-owned by MAX Power's U.S. subsidiary.
The confirmation of a third natural hydrogen system and the commencement of completions testing are critical steps toward understanding whether these resources can be commercially developed. As the world seeks cleaner energy alternatives, natural hydrogen could play a role in decarbonization efforts, and MAX Power's progress in Saskatchewan positions it at the forefront of this emerging sector. The company's commitment to responsible exploration and development practices, including environmental stewardship and community engagement, further strengthens its position as it advances toward potential commercialization.
