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MAX Power starts hydrogen validation drilling in Saskatchewan
The multi-well program will test flow, pressure behavior, continuity, concentrations, and deliverability at the Lawson Natural Hydrogen Complex after 3D seismic identified a 14.2-km2 hydrogen-bearing structural closure.
MAX Power Mining said it is beginning a multi-well commercial validation drilling program at its Lawson Natural Hydrogen Complex in south-central Saskatchewan, seeking what it calls the world’s first large-scale commercial discovery of natural hydrogen.
The company said the drilling follows recent 3D seismic results that identified a 14.2-km2 hydrogen-bearing structural closure within a broader 28-km2 complex. It added that the program will test technical parameters including flow, pressure behavior, continuity, concentrations, and deliverability to assess commercial viability.
MAX Power plans to use its Savanna drilling rig #416, a high-efficiency super-single rig equipped with the company’s hydrogen-helium detection system, previously used at Bracken where multiple prospective zones were encountered.
In a separate update, the firm said it issued 5.24 million options at $2.10 with three-year terms, with a hold period expiring Nov. 11, 2026. Mining.com said shares of U.S. metals and mining companies have been on a volatile ride this year.