MAX Power Commences Natural Hydrogen Exploration at Rider Project in Saskatchewan, Expands into Ontario-Quebec
VANCOUVER, British Columbia, Oct. 04, 2024 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) is pleased to provide the following update on operations as the Company commences field exploration in Saskatchewan and builds on its position as Canada’s largest landholder of claims targeting the country’s first-ever commercial concentration of Natural Hydrogen or accumulations of Natural Hydrogen gas.
Highlights:
- Extensive soil gas sampling has commenced at key blocks along the company’s 3,356 sq. km package of permit applications in southeast Saskatchewan where historical wells have assayed up to 96.4% hydrogen;
- In addition to soil gas sampling using Petro-Find’s specialized gas probes, multiple other approaches are involved in MAX Power’s Phase 1 Program designed in consultation with its team of industry-leading experts in North America and Europe;
- The “MAX Model For Natural Hydrogen” accentuates the company’s first-mover advantage in North America and was developed with the goal of rapidly identifying and prioritizing “hot spots” for drilling;
- In addition to a leading district-scale land package in Saskatchewan, MAX Power in recent months has strategically staked multiple prime claim blocks for Natural Hydrogen in both Ontario and Quebec with details to be announced soon;
- The goal of the Eastern Canadian properties is to secure near-term partnerships/joint ventures that will drive value for shareholders as the company focuses direct exploration efforts on its core Rider Project in Saskatchewan.
Mr. Rav Mlait, CEO for MAX Power, commented:
We are off to a great start in Saskatchewan and we look forward to the possibility of monetizing our Ontario and Quebec assets acquired well before the recent entry of new companies into this rapidly emerging Natural Hydrogen sector, which we’re pleased to see.
Texas Update
MAX Power has just received a major report on Natural Hydrogen opportunities in Texas, a two-month project specifically commissioned by the Company. Armed with this proprietary information that supports MAX Power’s original strategy with respect to Texas and other possible areas in the United States, the Company is reviewing all options and opportunities to partner with key players to become a leading force in the search for a low-cost, low-emissions alternative to manufactured hydrogen in America.
READ the latest news shaping the hydrogen market at Hydrogen Central
MAX Power Commences Natural Hydrogen Exploration at Rider Project in Saskatchewan, Expands into Ontario-Quebec, source