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MAX PWR MNG CORP - MAXXF STOCK NEWS

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MAX PWR MNG CORP (MAXXF) is a company focused on mining projects with a specific emphasis on lithium. They are currently undertaking drilling activities in various locations, including the Willcox Lithium Project Area. With a commitment to exploration, the company aims to tap into the lithium market potential. The latest news showcases their progress with Godbe Drilling's Core Rig on different holes, indicating a step forward in their mining endeavors.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) has commenced field exploration for Natural Hydrogen in Saskatchewan, Canada. The company has begun extensive soil gas sampling on its 3,356 sq. km permit application area, where historical wells have shown up to 96.4% hydrogen. MAX Power has developed the 'MAX Model For Natural Hydrogen' to rapidly identify drilling hotspots.

The company has also expanded into Ontario and Quebec, strategically staking multiple claim blocks for Natural Hydrogen. MAX Power aims to secure near-term partnerships in these Eastern Canadian properties while focusing direct exploration on its core Rider Project in Saskatchewan.

Additionally, MAX Power has received a major report on Natural Hydrogen opportunities in Texas and is reviewing options to partner with key players in the United States. The company is positioning itself as a leader in the search for a low-cost, low-emissions alternative to manufactured hydrogen in America.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) has commenced field exploration for Natural Hydrogen in Saskatchewan and expanded into Ontario and Quebec. Key highlights include:

1. Extensive soil gas sampling has begun in southeast Saskatchewan where historical wells showed up to 96.4% hydrogen.

2. The company developed the 'MAX Model For Natural Hydrogen' to rapidly identify drilling hotspots.

3. MAX Power has strategically staked claim blocks in Ontario and Quebec, aiming for partnerships and joint ventures.

4. The company received a major report on Natural Hydrogen opportunities in Texas, reviewing options for partnerships in the United States.

5. MAX Power positions itself as Canada's largest landholder of claims targeting commercial Natural Hydrogen concentrations.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) has announced that Bradley S. Sylvester, a member of SaskEnergy's Board of Directors, has joined the company as Special Advisor. Sylvester, with over 40 years of business experience, is a distribution expert and serves as Chair of the Environmental, Social and Governance Committee for SaskEnergy. This appointment comes as MAX Power is assessing the distribution side of Natural Hydrogen in Saskatchewan.

Neil McMillan, Senior Strategic Advisor for MAX Power, highlighted the exceptional opportunity for the company in Saskatchewan's manufacturing and industrial hubs. Sylvester expressed excitement about the potential of Natural Hydrogen as a new, low-cost clean energy source for various industries, particularly in food production and distribution.

Sylvester brings extensive experience in sales, marketing, and leadership in the consumer-packaged goods industry, along with numerous community leadership roles and accolades. MAX Power CEO Rav Mlait welcomed Sylvester to the team as they pursue potential accumulations of Natural Hydrogen gas in Saskatchewan.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) is launching an exploration program at Canada's largest Natural Hydrogen land package in Saskatchewan. The company has engaged Petro-Find Geochem to conduct an extensive soil gas sampling program at the Rider Project, which features numerous historical hydrogen showings from old wells. Petro-Find will use a proprietary system for accurate hydrogen readings from specialized gas probes.

The program is set to begin after crop harvesting in southeast Saskatchewan. MAX Power has also engaged Enki GeoSolutions for Natural Hydrogen consulting services. The company's advisors highlight the potential for Saskatchewan to become a launch pad for a new low-cost, low-emissions energy source in North America. MAX Power has granted 300,000 stock options to consultants at an exercise price of 38 cents per share, expiring after two years.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) has nearly tripled the size of its Rider Natural Hydrogen Project in southeast Saskatchewan, making it Canada's largest Natural Hydrogen target area. The company has staked an additional 2,112 sq. km, bringing the total coverage to 3,356 sq. km. Highlights include:

- Historical hydrogen grades up to 87.1% in the new Tribune Block
- Expanded Torquay-Rocanville Corridor based on newly-identified historical Natural Hydrogen occurrences
- Eight new claim blocks added, each showing potential upward migration of hydrogen
- Favorable geology and policy framework position Saskatchewan for potential first North American Natural Hydrogen production

The company is designing a program to verify the existence of naturally occurring hydrogen trends and continues to review datasets to build on its first-mover advantage in the Natural Hydrogen sector in Canada and the United States.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) has identified a large naturally occurring hydrogen resource in southeast Saskatchewan, Canada. The company has staked a 1,244 sq. km land package called the 'Rider Natural Hydrogen Project' within the Torquay-Rocanville Corridor. Key highlights include:

- Historical hydrogen showings with grades up to 96.4%
- Two high-grade blocks: 96.4% at Weyburn and 87.4% at Stoughton
- 7 out of 45 wells in the dataset showed hydrogen grades >10%
- Potential for upward migration of hydrogen to surface

MAX Power plans to verify and validate the hydrogen trend at Rider and continues to review datasets to expand its first-mover advantage in the Natural Hydrogen sector in Canada and the US.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) has announced the appointment of Neil McMillan as Senior Strategic Advisor. McMillan, former Chairman of Cameco, brings extensive experience from the investment industry, mining, and government sectors. His notable career highlights include:

- Chairman of Cameco from 2013 to 2018
- Former Board member of Atomic Energy of Canada
- President and CEO of Claude Resources (1995-2014)
- 16 years in the financial sector with RBC Dominion Securities
- Former Saskatchewan MLA (1975-1978)

McMillan expressed enthusiasm for Natural Hydrogen's potential in North America's energy sector and MAX Power's leadership in this emerging field. CEO Rav Mlait praised McMillan's addition to the team, citing his expertise and integrity as valuable assets in advancing MAX Power's position in the Natural Hydrogen sector.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) and Larin Engineering HHC have initiated a comprehensive study on Natural Hydrogen in Texas. Utilizing proprietary methods, this study aims to prioritize targets for potential land acquisitions and exploration. Texas, already a leader in manufactured hydrogen, offers promising geological and infrastructure support for Natural Hydrogen projects. Advantages of Natural Hydrogen include lower costs and emissions compared to manufactured hydrogen. Additionally, the US Inflation Reduction Act offers substantial production tax credits for low-carbon hydrogen production, enhancing its appeal for producers.

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MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) has announced a Strategic Alliance with Larin Engineering HHC. Larin Engineering, based in Prague, specializes in Natural Hydrogen. The alliance aims to target accumulations of Natural Hydrogen gas across the United States. Larin has been researching Natural Hydrogen for 20 years and has developed innovative methods to detect and monitor its emission from the earth's surface. The alliance will begin work immediately on highly prospective land packages in multiple U.S. states. The collaboration includes notable hydrogen experts and aims to solidify MAX Power's leadership in the Natural Hydrogen sector in North America.

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MAX Power Mining has announced the appointment of Stephan Séjourné, P.Geo., as a Natural Hydrogen Scientific Advisor. Séjourné, the CEO and founder of Enki GeoSolutions, brings extensive expertise in Natural Hydrogen and a strong background in Quebec's geological landscape. This addition strengthens MAX Power's strategic position in North America, particularly in Quebec. Séjourné is known for his groundbreaking research on Natural Hydrogen, funded by the Government of Quebec, and is set to collaborate closely with Peter Lauder, MAX Power’s Senior Geologist in Quebec City. CEO Rav Mlait emphasized that Séjourné's expertise will enhance the company's leadership in Natural Hydrogen exploration.

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FAQ

What is the current stock price of MAX PWR MNG (MAXXF)?

The current stock price of MAX PWR MNG (MAXXF) is $0.2065 as of October 15, 2024.

What is the market cap of MAX PWR MNG (MAXXF)?

The market cap of MAX PWR MNG (MAXXF) is approximately 11.8M.

What is MAX PWR MNG CORP (MAXXF) focused on?

MAX PWR MNG CORP is focused on mining projects, specifically with an emphasis on lithium exploration.

What is the company currently working on?

The company is currently undertaking drilling activities in various locations, including the Willcox Lithium Project Area.

How is MAX PWR MNG CORP contributing to the mining sector?

MAX PWR MNG CORP is making progress in their mining endeavors, as seen through the involvement of Godbe Drilling's Core Rig on different holes.

What is the recent achievement of MAX PWR MNG CORP?

The recent achievement of the company includes stepping out 3 miles to the south with Hole #4 and showcasing near-surface core from drilling activities.

Who is the CEO of MAX PWR MNG CORP?

The CEO of MAX PWR MNG CORP is Rav Mlait.

How can I contact MAX PWR MNG CORP for more information?

You can reach out to MAX PWR MNG CORP via email at info@maxpowermining.com or by phone at 778-655-9266.

What communication services are available for MAX PWR MNG CORP?

MarketSmart Communications provides communication services for MAX PWR MNG CORP, and they can be contacted at 877-261-4466.

What updates are available on Godbe Drilling's involvement?

The latest news includes updates on Godbe Drilling's participation with the Core Rig on different holes like WP-23-02, WP-23-03, and WP-23-04.

What is the market potential that MAX PWR MNG CORP aims to explore?

The company aims to tap into the lithium market potential through their exploration and drilling activities.

Where can I find a map associated with MAX PWR MNG CORP's announcements?

A map accompanying the company's announcements is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/59feadbc-5eb6-4c60-979e-e5f1fee95b6e.

MAX PWR MNG CORP

OTC:MAXXF

MAXXF Rankings

MAXXF Stock Data

11.79M
51.47M
13.35%
1.34%
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