REGINA, Saskatchewan, May 22, 2026 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to announce that ongoing interpretation of robust 3D seismic data across the 28 sq. km Lawson Complex has now defined the first series of high-priority follow-up drill targets for an expanded and continuous near-term multi-well program at the Lawson Natural Hydrogen system in Saskatchewan, with the goal to confirm the world’s first large-scale commercial discovery of this emerging new primary energy source.
The Lawson Complex, located in the heart of the Genesis Trend adjoining the Regina – Moose Jaw Industrial Corridor, is also showing strong potential for Helium deposits at a time when Saskatchewan is advancing a broader strategy to expand its share of the global helium market to approximately 10% by 2030, roughly tripling current production levels, as per its Helium Action Plan introduced in 2021.
Highlights
- Surveying was carried out this week with six proposed initial well locations at Lawson, with well licensing to follow in the coming days. The first three drill targets have been finalized, and they include the apex of the 3D seismic structure and wells on the flank of the structure encompassing the 14.2 sq. km closure;
- Targets were determined through analysis of extensive data, including highly favorable 3D seismic information, providing MAX Power with structurally optimal locations where the potential for gas flow, volume, and concentrations of Natural Hydrogen and Helium could support commercial validation;
- Continuous drilling, including completion operations after each well: Exploration and production models will be optimized and refined in real time with state-of-the-art technology and a leading team of geoscientists, geophysicists, engineers and technicians, fast-tracking the timeline for potential commercial discoveries;
- Aggressive 2D seismic acquisition across the Genesis Trend: With knowledge gained from the Lawson Natural Hydrogen system and the 3D seismic survey, MAX Power is in a program of 2D seismic trade data acquisition across the 475-km-long Genesis Trend to further assess dozens of preliminary and more advanced Natural Hydrogen prospects while also identifying potential new target areas.
Mr. Ran Narayanasamy, CEO of MAX Power, commented:
MAX Power is entering the most important execution phase in its history, and Eric Sprott’s fresh investment of $25 million expands and accelerates this execution phase.
”Lawson confirmed Canada’s first subsurface Natural Hydrogen system, the 3D seismic survey materially expanded our understanding of scale, and we have now outlined the first high-priority follow-up drill targets designed to advance commercial validation at the Lawson Complex. This is how a new clean energy category begins moving from subsurface confirmation toward commercial development.”
Mr. Steve Halabura, MAX Power Chief Geoscientist, added:
The 3D seismic data has taken Lawson to a new level.
”The original Lawson well confirmed the system, while the 3D seismic has now allowed us to identify structurally optimal locations where gas accumulation potential is expected to be strongest. These first follow-up targets are designed to test the key parameters that matter most: gas flow, volume, concentration, reservoir continuity, pressure response, and the potential contribution of Helium.”
Video Clip – click on the link below to learn more from Steve Halabura about the importance of this 3D seismic survey:
Mr. Halabura continued:
Lawson has given us Canada’s first real subsurface calibration point for Natural Hydrogen.
”By combining that knowledge with 3D seismic, gas geochemistry, legacy datasets, and new 2D seismic across Genesis, we are rapidly improving our ability to identify repeatable targets along the entire 475-km trend. Lawson is not being treated as a one-off discovery. It is being advanced as the first confirmed Natural Hydrogen system within a much broader geological framework.”
First Follow-Up Drill Targets Defined at Lawson Complex
Follow-up targets within the Lawson Complex are located within structurally favorable areas where ongoing 3D seismic analysis from several teams, including recently contracted GLJ Ltd., is greatly enhancing the Company’s understanding of the broader Lawson system and its potential for large-scale accumulations of Natural Hydrogen and associated gases. As more information is collected from the drilling campaign, it will be fed back into the geologic model to further refine future targets. The Company looks forward to sharing additional details in the near future as more information is received, interpreted, and reviewed.
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Max Power Expands and Accelerates Its Commercial Validation Program for Canada’s First Natural Hydrogen System, source
