Max Power receives drilling licence for natural H2 well

Executive Summary

• Max Power Mining Corp. has received the drilling license for the Lawson target well, marking Canada's first dedicated natural hydrogen well.
• The well is scheduled to be spudded on or about November 7, 2025, in southern Saskatchewan, within the 200-kilometre-long Genesis trend.
• The company is conducting a geoscience program using gas chromatographs and mass spectrometers to detect hydrogen, helium, nitrogen, and methane, testing a specific play concept involving basement structures and Prairie evaporite seals.

Key Details

• License and Location: Drilling license received for the Lawson target well in southern Saskatchewan, part of the Genesis trend.
• Timeline: Drilling contractor and suppliers procured; spudding expected on or about November 7, 2025.
• Geological Concept: The well tests a complex basement structure allowing fluid flow into overlying Prairie evaporite salt, creating an up-dip seal for migrating hydrogen. Seismic interpretation suggests a young igneous intrusive plug may enhance gas generation.
• Technical Methodology:
  • Two gas chromatographs will sample gas streams from drilling mud for helium, nitrogen, and methane.
  • A specially designed mass spectrometer will be used specifically for hydrogen detection.
• Conference Activity: Max Power will present at the H-Nat summit in Paris, France, on November 13–14, 2025, with a presentation titled "Trailblazing a New Natural Hydrogen Arena in Saskatchewan, Canada."
• Land Position: The company holds approximately 1.3 million acres (521,000 hectares) of permits in Canada for natural hydrogen exploration.
• Additional Assets: The company also holds properties in the US, including a 2024 diamond drilling discovery at the Willcox Playa lithium project in Arizona.
• Documentation: An award-winning videography crew will document the commencement of the well for three days.

Notable Quotes

• "Receiving the well licence marks a major step forward for Max Power and the culmination of extensive technical, regulatory and logistical preparation by our team. With the full support of the Saskatchewan Ministry of Energy and Resources and the province's pro-innovation stance, we're proud to be advancing Canada's first dedicated natural hydrogen well at the Lawson target." — Mansoor Jan, President and CEO
• "The geology is compelling, and the opportunity is unique. If successful, this program could redefine how we think about clean baseload energy and position Saskatchewan -- and Max Power -- at the forefront of a new North American energy story." — Mansoor Jan, President and CEO