Max Power Mining Secures Major Hydrogen Discovery in Canadian Breakthrough

Max Power Mining CA57778R1001

A landmark natural hydrogen system has been confirmed in Canada, with Max Power Mining delivering the pivotal results. The verification of high hydrogen concentrations at its "Lawson" well site in Saskatchewan has captured significant industry attention, drawing in prominent investors. With the backing of resource legend Eric Sprott and fresh capital secured, the market is now watching to see if the company can transform this pioneering position into sustained value creation.

The compelling fundamental data has attracted a major vote of confidence from Eric Sprott. The renowned resource investor significantly increased his stake in the company, purchasing over 600,000 additional shares. When accounting for share purchase warrants, Sprott now holds a potential diluted interest of up to 17.5%. Such a substantial commitment from an industry veteran is widely interpreted by market observers as a strong endorsement of the project's underlying geological thesis.

Concurrently, Max Power Mining has fortified its balance sheet. A strategic investment of CAD $5 million from Vietnam's Big Energy Joint Stock Company provides funding for operations in the coming months. This transaction marks the first major investment by a Vietnamese enterprise into Saskatchewan's resource sector.

A Historic Resource Find

The recent momentum stems from the confirmation of significant gas accumulations. Independent laboratory analysis of samples from the Lawson well detected hydrogen concentrations reaching 28.6% (286,000 ppm). The gas flowed freely to the surface with robust pressure, underscoring its technical viability for extraction.

A discovery with major implications for project economics was the presence of helium, with readings in samples as high as 8.7%. The company describes a "stacked gas system," where both valuable commodities could potentially be produced in parallel, significantly enhancing the project's financial outlook. This find represents the first confirmed discovery along the vast 475-kilometer "Genesis Trend."

Share Performance and Forward Strategy

This combination of technical success and financial backing is clearly reflected in the equity's performance. The stock reached a new 52-week high of USD $0.79 on January 26, 2026. Since the start of the year, the share price has advanced more than 77%, with a twelve-month gain approaching 391%.

Management has outlined an ambitious schedule for the first half of 2026. The fresh capital fully covers an extended flow-testing program at the Lawson well. Furthermore, 3D seismic surveys are planned to map the reservoir structure with greater precision.

With the geological model now validated, the focus shifts to scalability. A critical medium- to long-term milestone will be a planned second drill site along the Montana border. This operation aims to determine if the success at the Lawson location can be replicated across other targets on the extensive Genesis Trend.