MAX Power Mining Corp., utilizing proprietary methods and data modelling, has identified a prospective naturally occurring H₂ resource play in southeast Saskatchewan featuring dozens of historical H₂ showings, including grades up to 96.4%, within a compelling geological context.

As a result, through a series of permit applications, MAX Power has assembled a 1,244 sq. km land package, which shall now be referred to as the “Rider Natural H₂ Project”, situated within the ~200-km-long NE-SW striking Torquay-Rocanville Corridor.

Multiple high-priority target areas exist across five separate large claim blocks and include evidence of potential upward migration of H₂ to surface, possibly through serpentinization or fracture zones, making the Rider Project the largest known area in Canada for the potential discovery of naturally occurring accumulations of H₂ gas. MAX Power’s staking covers almost all of the available Crown land as well as the premier natural H₂ targets within the Torquay-Rocanville Corridor.

Highlights

• Two blocks at the Rider Natural H₂ Project include very high concentrations of H₂ (4% at Weyburn and 87.4% at Stoughton) from the wellhead, supported by historical drill stem tests from old wells, indicating that natural H₂ may have migrated to surface
• Two additional high-grade showings (3% and 75.6%) from the wellhead also occur within 800 meters and 200 meters, respectively, of MAX Power land claims
• Given the limited number of wells (45) in the data set covering the Rider Natural H₂ Project, vs. the number of total wells believed to have been drilled in the region for which data is not available, the fact that seven of these wells showed H₂ grades >10% at varying depths takes on added significance (the other 38 showed H₂ grades between 1% and 10%).

MAX Power Special Advisor Mr. Denis Brière, VP-Engineering for Chapman H₂ and Petroleum Engineering Ltd., and regarded as one of the world’s leading petrophysicists, said, “My involvement in the world’s first discovery of a naturally occurring H₂ gas accumulation in Mali, West Africa, over a decade ago was tremendously gratifying, especially since it quickly powered an entire village with low-cost, emissions-free electricity. This news from Saskatchewan – the scale of the opportunity and the very high historical grades – represents a watershed development for the world in the rapidly emerging natural H₂ sector. Chapman is looking forward to working with MAX Power to take the Rider Natural H₂ Project to the next level.”