MAX Power Mining Corp. has intersected a thick lithium claystone sequence as well as multiple liquid brine targets in its first diamond drill hole at the Willcox Playa in southeast Arizona. This represents a new discovery with considerable scale and grade potential as MAX Power's Willcox Property covers a 6-mile-long north-south corridor defined by favorable geophysics and surrounded by excellent infrastructure in the heart of the American West.

From the top of the hole to approximately 900 feet, WP-23-01 (drilled vertically) in the northern portion of the property intersected a predominantly claystone sequence; Seven distinct fluid sequences were encountered in WP-23-01 at depths ranging from 67 feet to 1,188 feet. MAX has also entered into a cooperative research and development agreement with the University of California Lawrence Berkeley National Laboratory (LBNL) to develop direct lithium extraction (DLE) technologies for brine resources.