MAX Power Expands Natural Hydrogen and Helium Discoveries at Bracken Project
MAX Power Mining Corp. has successfully completed drilling at the Bracken site, encountering a gas mixture of helium and natural hydrogen. This development, along with the identification of a new target near Lawson, positions Saskatchewan as a potential hub for natural hydrogen production, critical amid rising global energy demands.
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MAX Power Mining Corp. has drilled the Bracken well, reaching a depth of 2,600 meters and finding intervals of helium and natural hydrogen. A new target similar to the Lawson discovery has been identified 12 km southwest, leveraging previous 2D seismic data.
The company plans to start additional drilling and testing after snowmelt this spring, facilitated by a recent capital raise of $20.5 million. A 47 km² 3D seismic survey has been completed, enhancing the understanding of structural features and reservoir distribution in the region. The proximity to Saskatchewan's industrial corridor, including a proposed data center by Bell Canada, may create demand for these resources, reinforcing MAX Power's strategy to develop a clean energy infrastructure.
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