MAX Power Unveils Significant Natural Hydrogen Reservoirs in Saskatchewan
Key Ideas
- MAX Power Mining Corp. identifies large hydrogen anomalies in southeast Saskatchewan, indicating the presence of potential reservoirs for Naturally Occurring Hydrogen (NOH) at the Rider Project.
- The company's geochemical soil gas survey, combined with hyperspectral readings, supports the hydrogen formation and accumulation model for southern Saskatchewan, positioning MAX Power as a pioneer in drilling for Natural Hydrogen in Canada.
- With a focus on low-cost, low-emissions energy sources, MAX Power aims to revolutionize the energy sector in North America, leveraging the advanced provincial policy framework in Saskatchewan to expedite the discovery of commercial concentrations of Natural Hydrogen.
- The company's soil gas sampling leader, Petro-Find, noted consistently high hydrogen values, reinforcing the mobility and potential high grades of hydrogen concentrations at depth, marking a significant step towards uncovering a new energy resource in Canada.
MAX Power Mining Corp. announced significant advancements in the identification of Natural Hydrogen reservoirs in Saskatchewan, particularly in the southeast region. The company's soil gas survey revealed large hydrogen anomalies, some with exceptional values reaching 914 ppm, associated with faults in the area. These findings, in combination with hyperspectral readings, support MAX Power's model for hydrogen formation and accumulation, indicating the presence of potential Naturally Occurring Hydrogen (NOH) reservoirs at the Rider Project. MAX Power plans to drill for Natural Hydrogen in Canada, aiming to capitalize on the province's favorable policy framework and become a leader in the low-cost, low-emissions energy sector. The company's CEO, Mr. Mansoor Jan, expressed confidence in Saskatchewan as a promising location for discovering commercial concentrations of Natural Hydrogen, with plans to commence drilling in Q1. Petro-Find, the company's soil gas sampling leader, highlighted consistently high hydrogen values in the region, emphasizing the immense mobility and high grades of hydrogen concentrations at depth. The successful survey results signify a significant step towards uncovering a new energy resource in Canada, with MAX Power poised for a transformative year ahead.