Max Power Mining Advances Hydrogen Exploration with Second Drill Target

Max Power Mining CA57778R1001

Following its initial discovery earlier this year, Max Power Mining is moving swiftly to expand its natural hydrogen exploration program. The company has pinpointed a new, near-term drilling location in Saskatchewan, Canada, signaling its intent to build on recent momentum and test a different geological concept.

Max Power Mining has identified a ready-to-drill target for its second project, named "Bracken," located in Saskatchewan near the border with Montana. Licensing for this new endeavor is scheduled to commence in February 2026.

This move builds directly on the company's confirmed discovery of natural hydrogen at its "Lawson" drill site on January 16, 2026. While analysis and modeling work continue at Lawson, the Bracken project is designed to investigate whether hydrogen resources are more widespread across the basin. Success would indicate scalable deposits that extend across multiple target areas, a crucial step for commercial viability.

A Strategic Shift in Exploration Methodology

A key differentiator for the Bracken project is its underlying geological approach. The target was defined using newly acquired 2D seismic data combined with existing information. Unlike the Lawson site, which was based on a structural model, Bracken will test a "stratigraphic play" concept.

Company officials suggest that a successful proof-of-concept at Bracken could de-risk other targets within its extensive license area. Furthermore, a second successful drill result would lend significant support to the continuity of the deposit model, potentially accelerating the timeline toward commercial development.

Key Project Details:
* New Target: The "Bracken" site in Saskatchewan, Canada.
* Timeline: Licensing process set to begin February 2026.
* Background: Follows the January 16, 2026, natural hydrogen discovery at "Lawson."
* Data: Integration of new 2D seismic surveys with existing datasets.
* Strategy: Tests a stratigraphic exploration model, contrasting with the Lawson approach.

Market Confidence and Strategic Backing

The company's operational progress aligns with its strategic goal to establish itself as a key player in the emerging natural hydrogen sector. This ambition received a significant boost in December 2025 with a strategic investment of $5 million from an international energy partner, an endorsement the company cites as a form of external validation.

Growing market interest is reflected in the share price. Max Power Mining's stock closed at $0.77 USD on Friday, trading just below its 52-week high of $0.80 USD, which was recorded earlier in the week.

All eyes are now on February, as the initiation of the licensing process for Bracken will determine how quickly the identified target can be transformed into an active drill site, marking the next concrete step in the company's exploration campaign.