MAX Power Team Identifies Rare Basement Source Rocks as Potential Natural Hydrogen Source

Core Insights - MAX Power Mining Corp. has identified a rare rock assemblage in Southern Saskatchewan's basement complex, believed to be associated with the first known deep subsurface occurrence of Natural Hydrogen in Western Canada [1][2] - The company has acquired exploration permits covering 1.3 million acres (521,000 hectares) and has an additional 5.7 million acres (2.3 million hectares) under application, indicating significant land holdings for Natural Hydrogen exploration [5][12] - A multi-well drill program is planned to target specific areas, with the aim of making the first commercial discovery of Natural Hydrogen [2][6] Company Developments - The geological team has developed a detailed geological model and a Prospect Ranking Tool (PRT) to guide the targeting strategy for drilling [5][7] - MAX Power's initial drilling will focus on the Grasslands Project, where a recent discovery of Natural Hydrogen associated with basement source rocks was made [13][15] - The company has appointed Shayne Neigum as VP-Exploration, bringing local knowledge and experience to support efficient drill targeting and field operations [23] Strategic Positioning - The Genesis Trend, a newly identified 200-km-long belt, features a compelling drill target based on seismic data and includes over 40 prospect leads for follow-up analysis [5][17] - The proximity to the Regina-Moose Jaw Industrial Corridor, Saskatchewan's first proposed Hydrogen Hub, provides valuable infrastructure and diverse routes to market [20] - MAX Power's land package formation and initial target delineation are backed by integrated geological models, emphasizing the potential for size, scalability, and sustainability in Natural Hydrogen production [7][21]