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Max Power drills into natural H2 in multiple horizons at Lawson in Canada’s first natural H2 well

MAX Power Mining Corp. has completed Canada’s first-ever well specifically targeting natural H2, reaching a total depth of 2,278 meters at the Lawson target on the Genesis Trend, with natural H2 present in multiple horizons from the shallow Cretaceous strata into the basement complex. This successful “Test of Concept” has triggered extensive data analysis to confirm concentrations of natural H2 and helium gases, to be followed by additional testing at Lawson to determine potential flow and volume in this part of the 475-km-long Genesis Trend.

Mr. Steve Halabura, MAX Power Chief Geoscientist, commented, “The impressive operational efficiency of this first well, combined with important new geological insights that validate our exploration thesis, has significantly de-risked our broader multi-well exploration concept to the extent that I can confidently say that MAX Power more than ever is on target for potential commercial discoveries of natural H2 in Saskatchewan. The data from Lawson that will be added to the Large Earth Model Integration (MAXX LEMI) is immensely valuable, accelerates our game plan and will help answer sectoral unknowns. This is a defining moment in Saskatchewan resource history.”