MAX Power Commences Natural Hydrogen Exploration at Rider Project in Saskatchewan, Expands into Ontario-Quebec
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.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) ha avviato esplorazioni sul campo per l'idrogeno naturale in Saskatchewan ed ha ampliato le sue attività in Ontario e Quebec. I punti salienti includono:
1. È iniziato un ampio campionamento del gas nel suolo nel sud-est della Saskatchewan, dove i pozzi storici hanno mostrato fino al 96,4% di idrogeno.
2. L'azienda ha sviluppato il 'MODello MAX per l'Idrogeno Naturale' per identificare rapidamente i punti caldi per la perforazione.
3. MAX Power ha strategicamente registrato blocchi di concessione in Ontario e Quebec, puntando a partnership e joint venture.
4. L'azienda ha ricevuto un grande rapporto sulle opportunità dell'Idrogeno Naturale in Texas, esaminando opzioni per partnership negli Stati Uniti.
5. MAX Power si posiziona come il maggiore proprietario di terreni in Canada per concessioni che mirano a concentrazioni commerciali di idrogeno naturale.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) ha iniciado una exploración de campo para el hidrógeno natural en Saskatchewan y se ha expandido a Ontario y Quebec. Los puntos clave incluyen:
1. Se ha comenzado un amplio muestreo de gas del suelo en el sureste de Saskatchewan, donde los pozos históricos mostraron hasta un 96.4% de hidrógeno.
2. La empresa desarrolló el 'Modelo MAX para Hidrógeno Natural' para identificar rápidamente los puntos de perforación más prometedores.
3. MAX Power ha estratégicamente reclamado bloques de concesión en Ontario y Quebec, buscando asociaciones y empresas conjuntas.
4. La compañía recibió un informe importante sobre oportunidades de Hidrógeno Natural en Texas, revisando opciones de asociaciones en Estados Unidos.
5. MAX Power se posiciona como el mayor titular de tierras en Canadá de concesiones enfocadas en concentraciones comerciales de hidrógeno natural.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF)는 현장 탐사를 시작했습니다 자연 수소에 대해 사스카체원에서 온타리오와 퀘벡으로 확장했습니다. 주요 사항은 다음과 같습니다:
1. 동남부 사스카체원의 광범위한 토양 가스 샘플링이 시작되었습니다. 역사적인 우물에서 최대 96.4% 수소가 나타났습니다.
2. 이 회사는 '자연 수소를 위한 MAX 모델'을 개발하여 빠르게 드릴링 핫스팟을 식별합니다.
3. MAX Power는 온타리오와 퀘벡에서 전략적으로 청구 블록을 등록했습니다. 파트너십과 합작 투자 목표로 하고 있습니다.
4. 이 회사는 텍사스에서 자연 수소 기회에 대한 주요 보고서를 받았으며, 미국에서의 파트너십 옵션을 검토했습니다.
5. MAX Power는 캐나다에서 가장 큰 토지 소유자로 자신을 자리매김 하고 있으며 상업적 자연 수소 농도를 대상으로 하는 청구권을 보유하고 있습니다.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) a débuté l'exploration sur le terrain pour l'hydrogène naturel en Saskatchewan et s'est étendue à l'Ontario et au Québec. Les points clés incluent :
1. Un échantillonnage approfondi des gaz du sol a commencé dans le sud-est de la Saskatchewan, où des puits historiques ont montré jusqu'à 96,4 % d'hydrogène.
2. L'entreprise a développé le 'Modèle MAX pour l'hydrogène naturel' afin d'identifier rapidement les zones de forage prometteuses.
3. MAX Power a stratégiquement enregistré des blocs de revendication en Ontario et au Québec, visant des partenariats et des coentreprises.
4. L'entreprise a reçu un rapport majeur sur les opportunités d'hydrogène naturel au Texas, examinant les options de partenariats aux États-Unis.
5. MAX Power se positionne comme le plus grand propriétaire foncier au Canada de revendications visant des concentrations commerciales d'hydrogène naturel.
MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF) hat Felduntersuchungen zum natürlichen Wasserstoff in Saskatchewan begonnen und sich auf Ontario und Quebec ausgeweitet. Zu den wichtigsten Punkten gehören:
1. Umfangreiche Bodenmusterung hat im südöstlichen Saskatchewan begonnen, wo historische Brunnen bis zu 96,4% Wasserstoff aufzeigten.
2. Das Unternehmen hat das 'MAX-Modell für natürlichen Wasserstoff' entwickelt, um schnell potenzielle Bohrstandorte zu identifizieren.
3. MAX Power hat strategisch Anspruchsblöcke in Ontario und Quebec angemeldet, mit dem Ziel, Partnerschaften und Joint Ventures einzugehen.
4. Das Unternehmen erhielt einen wichtigen Bericht über Möglichkeiten des natürlichen Wasserstoffs in Texas und prüft Partnerschaftsoptionen in den Vereinigten Staaten.
5. MAX Power positioniert sich als größter Landbesitzer in Kanada für Ansprüche, die auf kommerzielle Konzentrationen von natürlichem Wasserstoff abzielen.
- Commenced field exploration for Natural Hydrogen in Saskatchewan
- Expanded land holdings into Ontario and Quebec
- Developed 'MAX Model For Natural Hydrogen' for efficient exploration
- Received proprietary report on Natural Hydrogen opportunities in Texas
- Positioned as Canada's largest landholder of Natural Hydrogen claims
- None.
VANCOUVER, British Columbia, Oct. 03, 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.
Video Interview – Neil McMillan
Click on the following link to learn more about MAX Power’s first mover leadership in Natural Hydrogen from Mr. Neil McMillan, former Chairman of Cameco and MAX Power’s Senior Strategic Advisor:
https://vimeo.com/1005965627/da9252b396
Figure 1: Map showing the location of MAX Power’s Natural Hydrogen Permit Applications
Natural Hydrogen Video
Learn more about Natural Hydrogen by clicking on the following link:
https://vimeo.com/953002092/d6f8574ba4
MAX Power Natural Hydrogen Deck
Learn more about MAX Power’s first mover advantage in North America’s Natural Hydrogen sector by clicking on the following link:
https://www.maxpowermining.com/Presentations/MAXPower-NaturalHydrogen.pdf
MAX Power Corporate Presentation
Click on the following link to view MAX Power’s Corporate Deck:
https://maxpowermining.com/Presentations/MAXPower-Corporate.pdf
Qualified Person
The technical information in this news release has been reviewed and approved by Peter Lauder, P.Geo., Member of the Order of Geologists of Quebec and Senior Geologist and Exploration Manager for MAX Power Mining Corp. Mr. Lauder is the Qualified Person responsible for the scientific and technical information contained herein under National Instrument 43-101 standards.
About MAX Power Mining
MAX Power is an innovative mineral exploration company focused on North America’s shift to decarbonization. MAX Power is a first mover in the rapidly growing Natural Hydrogen sector, through strategic alliances with Calgary-based Chapman Hydrogen & Petroleum Engineering Ltd., and European- based Larin Engineering HHC. MAX Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a recent diamond drilling discovery at the Willcox Playa Lithium Project in southeast Arizona.
On behalf of the Board of Directors,
“Rav Mlait” - CEO
MAX Power Mining Corp.
MarketSmart Communications
Tel: 877-261-4466
info@maxpowermining.com
Tel: 778-655-9266
Forward-Looking Statement Cautions
This press release contains certain “forward-looking statements” within the meaning of Canadian securities legislation, and any legislation specifically relating to natural hydrogen, exploration and acquisition of natural hydrogen properties; ability to locate, discover and/or extract natural hydrogen from the subsurface; commentary as it relates to the opportune timing to carry out natural hydrogen exploration; and any anticipated increasing demand for natural hydrogen; any results and updates thereto as it relates to any future drill program, and the funding of that program; and upcoming press releases by the Company. The Company has filed permit applications to the Saskatchewan government and there are no assurances that all or any of the permit applications will be accepted or granted to the Company. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts. They are generally, but not always, identified by the words "expects”, "plans”, "anticipates”, "believes”, “interpreted”, "intends”, "estimates”, "projects”, "aims”, “suggests”, “often”, “target”, “future”, “likely”, “pending”, "potential”, "goal”, "objective”, "prospective”, “possibly”, “preliminary”, and similar expressions, or that events or conditions "will”, "would”, "may”, "can”, "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the CSE, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with possible accidents and other risks associated with exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of drill program results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out its exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's Management’s Discussion and Analysis, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion of such risk factors and their potential effects.
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/22097aec-56af-4f71-8cda-feea41b2e1bf
FAQ
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