Max Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) has confirmed an active, generative Natural Hydrogen system at its Lawson 5 well, a 30-kilometre step-out from the original Lawson Complex near Central Butte, Saskatchewan, and has commenced drilling at a follow-up well, Lawson 6, approximately 8 kilometres to the southeast. The company now reports confirmed Natural Hydrogen systems spanning as much as 365 kilometres across central and southern Saskatchewan. Concurrent with ongoing drilling, Max Power has launched a completions program at its Bracken target in the province's southwest, with comprehensive testing at the Lawson Complex to follow, a program the company describes as aimed at establishing the world's first large-scale commercial Natural Hydrogen discovery.

Key Points

  • Max Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N)
  • Lawson 5 confirmed a Natural Hydrogen system at the western edge of the Prairie Evaporite; Lawson 6 drilling is now in progress 8 km to the southeast
  • Lawson 5 drilled to a total depth of 2,175 metres with 62 metres of core recovered; completions program commenced at Bracken with Lawson testing to follow
  • Investors may be watching results from Bracken completions and upcoming Lawson Complex flow, concentration, and volume testing

Lawson 5 Geological Results and What the Core Data Reveals

Lawson 5 was drilled to a total depth of 2,175 metres and successfully cased, with 62 metres of core recovered for laboratory analysis. The release states that the lowermost Deadwood and Precambrian basement complex at Lawson 5 features more pronounced iron redox, alteration, and serpentinization reactions than previously observed at the Lawson Complex, including strong hematite oxidation associated with elevated Natural Hydrogen levels along sub-vertical faults within exotic terrane source rocks. The Lower Interlake formation, situated above the Deadwood Formation, also features helium prospective zones that the company intends to examine during the upcoming completions program.

Completions Program at Bracken and Lawson Signals Commercial Validation Push

Max Power has commenced its completions program at the Bracken target in the southwest corner of Saskatchewan, near the Montana border, with crews scheduled to move north shortly to begin testing the Lawson Complex for Natural Hydrogen flow rates, concentrations, and volume. The company describes this as a critical shift from confirming the presence of Natural Hydrogen toward measuring the characteristics that determine commercial potential. The announcement states that three distinct, geographically separated Natural Hydrogen systems have now been identified across an area spanning up to 365 kilometres within the province.

Financing Activity and Advisory Agreements Disclosed

The company reported raising $1,662,000 between September 1 and October 15, 2026, through the exercise of 1,187,500 warrants for $1,462,500 and 891,667 stock options for $199,500. Max Power also entered into a one-time advisory fee agreement with Hampton Securities Limited for $400,000 plus applicable taxes, effective October 13, 2026. Separately, the company amended its investor marketing agreement with RazorPitch, Inc., bringing total cash consideration payable under that agreement to $850,000 USD, and engaged Emerging Markets Consulting, LLC for a two-week campaign at a cost of $200,000 USD.

Investor Conference Participation in Toronto

Max Power's President, Chad Levesque, and CEO, Rob Norris, are scheduled to present at two Toronto investor conferences on October 28 and 29, 2026, including the Planet MicroCap Showcase and the Red Cloud Fall Mining Showcase. The company states both executives will conduct one-on-one investor meetings to discuss recent Natural Hydrogen advancements and the company's commercialisation strategy. The immediate share price impact of this announcement was not clear from available public information.