Max Power Mining Corporation

VANCOUVER, British Columbia, May 4, 2023 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX) (OTC: MAXXF) (“MAX Power” or the “Company”) announced the has commenced exploration in 2023. His Willcox Playa project in Arizona, 200 miles southeast of Arizona (see news release April 28, 2023). About 50 square miles of playa in Cochise County are believed to have very likely concentrations of lithium in both claystone and saltwater.

highlight:

• Hybrid Source Audio-Magnetic Telluric (HSAMT) surveys and gravity surveys are being conducted across MAX’s land package covering 3,754 acres.
• The United States Geological Survey (USGS) reports that previous geophysical surveys identified a low-gravity dual anomaly that overlaps with an electromagnetic high-conductivity anomaly in the air. Low gravity delineates a thick zone of relatively low density rock, while electromagnetic height indicates the presence of lithium-bearing metal beneath the Wilcox playa.
• The MAX program has three main goals. 1) Mapping the thickness of the deposit target zone. 2) Map the geological structure to identify conductors within the site. 3) Prioritize targets for future drilling.

Peter Lauder, Senior Geologist and Exploration Manager at MAX, commented:

The Gravity and HSAMT programs consist of a grid with 500 meter intervals and are conducted by Hasbrouck Geophysics.

Based in Arizona, Hasbrouck has extensive experience in both research and data processing of saline watershed environments in the southwestern United States.

Location Map – MAX Willcox Playa Lithium Project, Arizona

qualified person

Technical information in this news release has been reviewed and approved by P.Geo., Pr.Sci.Nat and Thomas Clarke, Director of MAX Power Mining Corp. Clarke is responsible for the scientific and technical information contained. Here it is based on the National Instrument 43-101 standard.

About MAX Power

MAX Power is a dynamic exploration-stage resource company targeting domestic lithium resources to advance the renewable energy outlook in North America.

contact: info@maxpowermining.com

MarketSmart Communications (877-261-4466).

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of Canadian securities laws. Interpretation of drilling and analysis results, future drilling program results, mineralization, and mineralization discovery (if any). Future exploration and drilling plans and timing. Benefits of the Willcox Playa property. of Lithium potential within the Willcox Playa region. the ability to access the property; the ability to extract resources from the property, the appropriate timing to investigate lithium exploration, and comments related to the expected increase in lithium demand. All results related to USGS reports and their updates.Our Concentration Hypothesis. termination of the transaction;Future press releases from us. Fund future drilling programs. While we believe such statements to be reasonable, there can be no assurance that such expectations will prove correct. Forward-looking statements are statements that are not historical facts. They are generally “expect”, “plan”, “predict”, “believe”, “interpreted”, “intend”, “estimate”, “project”, “purpose”, “ Identified by the word “suggest”, but not always. , “often”, “target”, “future”, “probable”, “pending”, “potential”, “target”, “objective”, “promising”, “possible ”, “tentative” and similar expressions or that an event or condition “will occur”, “will”, “could”, “could occur”, “could ‘, or ‘should happen’, or a statement that by its nature refers to a future event. We caution that forward-looking statements are based on our management’s views, estimates and opinions as of the date the statements are made and are subject to a number of risks and uncertainties. Accordingly, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. and to the extent required by CSE’s policies, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates, opinions or other factors change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include risks associated with possible accidents and other risks associated with mineral exploration operations, Includes risks of encountering unexpected geological factors, risks associated with interpretation. the results of the analysis and drilling programs; the potential inability of the Company to secure permits and other governmental approvals necessary to carry out the Company’s exploration plans; the risk of political uncertainties and regulatory or legal changes that may interfere with our business and prospects; Readers are encouraged to consult our management’s discussion and analysis published through the Canadian Securities Administrators System for Electronic Document Analysis and Retrieval (SEDAR). www.sedar.com For a more complete discussion of such risk factors and their potential effects.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7e40b34d-6c37-40d9-8f0b-43991092f31f