A publicly traded company in Canada is coming after the opportunity in natural hydrogen. And one of the greatest natural resource investors in the world is behind it.
What’s happening:
MAX Power Mining (CSE: MAXX) has officially confirmed a subsurface natural hydrogen system after the successful testing of a well drilled near Central Butte, Saskatchewan
Why it matters:
This is widely considered to be Canada’s first ever natural hydrogen drilling discovery
Going deeper:
MAX Power Mining has publicly stated their natural hydrogen contained up to 286,000 parts per million and free flowing gas to the surface
MAX Power Mining’s Lawson well also showed elevated helium which may potentially dictate there is a large, stacked gas system present
The intrigue:
Mining billionaire and legendary natural resource investor Eric Sprott is a major shareholder of MAX Power Mining and just recently purchased an additional 600,500 common shares on the open market
