Northwire Canada EditionTuesday, October 20, 2026
Northwire
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GOLD 4160.30 −0.5% SILVER 57.27 −0.1% COPPER 6.58 +0.2% OIL 98.54 −0.5% PALLADIUM 1119.00 +0.0% BGAU 1.01 −1.9% ESK 0.205 −2.4% BEX 0.080 +6.7% PMX 0.080 +0.0% ZNX 0.280 −3.5% HHH 4.01 −3.1% SRL 0.335 −1.5% WGX 4.82 −1.8% WCU 0.130 +8.3% SAGE 0.110 +0.0% BHS 0.060 +20.0% BARU 0.055 +22.2% REC 0.050 +0.0% NICN 0.115 +0.0% TRX 1.48 −2.0% VLC 0.220 +4.8% GOLD 4160.30 −0.5% SILVER 57.27 −0.1% COPPER 6.58 +0.2% OIL 98.54 −0.5% PALLADIUM 1119.00 +0.0% BGAU 1.01 −1.9% ESK 0.205 −2.4% BEX 0.080 +6.7% PMX 0.080 +0.0% ZNX 0.280 −3.5% HHH 4.01 −3.1% SRL 0.335 −1.5% WGX 4.82 −1.8% WCU 0.130 +8.3% SAGE 0.110 +0.0% BHS 0.060 +20.0% BARU 0.055 +22.2% REC 0.050 +0.0% NICN 0.115 +0.0% TRX 1.48 −2.0% VLC 0.220 +4.8%
Drill Results

MAX Power Ramps Up Next Phase for Lawson Natural Hydrogen Discovery and Broader Genesis Trend Strategy

MAXX · Price

Executive Summary

  • MAX Power announced acceleration of its Lawson Natural Hydrogen Discovery program, including a 47‑sq km 3D seismic acquisition slated to start the week of Feb 23 2026.
  • Over 80 additional structures of interest have been identified along the 475‑km Genesis Trend, positioning the project for a basin‑scale natural hydrogen play and potential commercial evaluation.
  • The company is engaging multiple strategic partners and end‑users, and is advancing analytical work (porosity/permeability testing, isotopic analysis) to support a preliminary resource estimate and confirmatory well drilling.

Key Details

  • 3D Seismic Survey: Contracted to Tetra Tech; 47 sq km area at Lawson; all permits secured; field operations begin week of Feb 23 2026.
  • Analytical Programs: Porosity & permeability analysis underway at AGAT Laboratories (Calgary); isotopic analyses at University of Windsor.
  • Resource Modeling: Integration of core data and 3D seismic to produce a preliminary natural hydrogen resource estimate and locate optimal confirmatory well site.
  • Additional Structures: ≥80 prospective structures identified on Genesis Trend (e.g., Radville, Lucky Lake) slated for inclusion in the 2026 multi‑well drill program; 2D trade seismic data being acquired and fed into AI‑assisted MAXX LEMI platform for targeting.
  • Strategic Partnerships: Ongoing discussions with multiple potential end‑users interested in sourcing natural hydrogen from Genesis Trend if commercial viability is demonstrated.
  • Industrial Corridor Proximity: The Regina‑Moose Jaw Industrial Corridor runs adjacent to the trend, offering a ready market for clean energy and industrial applications.
  • CEO Comment (Ran Narayanasamy): Emphasized “months to molecules” strategy, repeatability & scalability of Genesis, and its potential as a nation‑building clean‑energy project for Canada.
  • Chief Geoscientist Comment (Steve Halabura): Confirmed five‑element system model (source rocks, migration pathways, reservoirs, traps, seals) validated by Lawson discovery; highlighted western edge of Prairie Evaporite as key trap/seal component.

Notable Quotes

“We are moving rapidly at Lawson with an aggressive ‘months to molecules’ strategy targeting commercial validation.” – Ran Narayanasamy, CEO

“The Lawson Discovery validates our five‑element system model for Natural Hydrogen deposits…” – Steve Halabura, Chief Geoscientist

Read the original news release →

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