MAX Power Mining Corp. mark the initiation of natural hydrogen exploration in Saskatchewan and expansion into Ontario and Quebec
MAX Power Mining Corp 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.
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 to rapidly identify and prioritize “hot spots” for drilling;
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 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.”
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 concerning 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.
