"Lithium to the MAX!"

Well-funded, rapidly emerging North American-focused lithium company
CSE: MAXX
OTC: MAXXF
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Why Lithium?

The Opportunity is NOW!

MAX Power sees an incredible opportunity to take part in the growing demand for electric vehicles, mobile devices, and grid storage that is creating a long-term supply shortage and increasing lithium prices.

All-In on Lithium

With the Biden Administration providing $3.16B USD in funding for lithium projects domestically, and investing $5B USD towards the EV charging network, the U.S. is all in on the electrification of America. [1] – and Canada has adopted a similar position.

The World Needs More Mines

It is estimated that with the immense increase in battery metals demand, the world will need almost 400 new mines by 2035.[2]

[1] Benchmark Mineral Intelligence

[2] www.energy.gov/articles/biden-administration-announces-316-billion-bipartisan-infrastructure-law-boost-domestic

MAX Power Investment Highlights:

  • MAX is a well-funded company (over $3 million in cash) with an attractive share structure (~41 million O/S) and a management team known for its business-building and wealth-creation expertise. Senior Geologist Peter Lauder recently joined MAX after many successful years with various producers and advanced juniors in Quebec.
  • MAX is rapidly building a compelling multi-faceted North American-focused lithium opportunity for investors that will differentiate the company in this fast-growing sector critical to the clean energy transition. With high quality assets in both Canada and now the United States, as announced April 28, 2023, MAX is poised to deliver robust year-round news flow while adding exponentially to its shareholder base with a targeted U.S. investor outreach program beginning later this quarter (Q2).

Nunavik Lithium District

MAX Power’s entry into Quebec's Next Lithium Frontier

Nunavik Lithium District Highlights

  • MAX is a leader in the pursuit of new high-grade lithium deposits in a vastly under-explored part of Quebec known as Nunavik which occupies the top third of the province (~500,000 sq. km). This region, which currently hosts two operating nickel mines, is now considered highly prospective for spodumene-bearing lithium pegmatite deposits based on an extensive review of historical and recent exploration data.
  • To date, MAX has acquired strategic land packages in two of three main Nunavik lithium camps – Raglan West (122 sq. km) and New Leaf (184 sq. km) with drilling planned for high-priority targets this summer. The discovery potential in this exciting new lithium frontier provides MAX shareholders with tremendous leverage.
    The Spark Property in the New Leaf Lithium Camp features an approximate 3-km-long, 300-m wide pegmatite structure that was never historically sampled for lithium (Assessment Report GM57402).
  • Spark features a range of geology including mafic gneiss units with basaltic amphibolites. The geology is considered prospective for lithium while geochemistry contains unusually high values of lithium and cesium (in the 99th percentile for Quebec) based on assessment report data and the Quebec government database.
  • MAX is teaming up with GroundTruth Exploration to carry out an innovative and dynamic 2023 Nunavik exploration program including drilling.
  • Spark is located 500 km directly north of Patriot Battery Metals’ Corvette deposit and MAX’s adjacent Corvette Lake North Property in the James Bay district where MAX’s northernmost claim is just 3.5 km south of PMET’s CV- 13 discovery.

Corvette Lake Lithium Properties

James Bay District of Quebec

MAX Power’s entrance into North America’s top tier pegmatite lithium discovery district

James Bay Lithium District Highlights

  • MAX owns a 100% interest in two large properties (Corvette Lake North and Corvette Lake South) located within close proximity to Patriot Battery Metals’ Corvette Property lithium discovery.
  • MAX’s Corvette Lake North and South properties cover 189 mineral claims spanning a total of 9,709 hectares in this world class lithium district in the James Bay region of Quebec.
  • MAX’s 2023 field season in James Bay begins during Q2.
  • Excellent infrastructure and access – the Corvette Lithium Camp is located within 19 km from all-weather road access and 18 km from James Bay Hydro power lines.
  • James Bay is strategically located in a favored jurisdiction (Quebec) to provide domestic supply of lithium to North America.

Arizona

Willcox Playa

MAX Power’s entrance into America’s top tier lithium brine & claystone discovery district

Willcox Playa Lithium District Highlights

  • MAX has just made a strategic entry into the American lithium sector with the acquisition of a district-scale opportunity targeting lithium-rich brines and/or claystones in the ~50 sq. mile Willcox Playa in Cochise County, Arizona, approximately 200 miles southeast of Phoenix.
  • The U.S. Geological Survey (USGS), after completing some limited drilling at the Willcox Playa in the 1970’s, historically referenced this area as one of the most prospective locations for lithium in the Western United States, similar in its potential to the brine and claystones in Clayton Valley, Nevada.
  • Decades of U.S. Air Force activity in the Wilcox Playa has ended, with MAX benefiting from first-mover advantage and securing three well- situated blocks totaling 3,754 acres mostly leased from the state of Arizona.
  • The area is surrounded by excellent infrastructure including rail, roads and services in the nearby town of Willcox.
  • Mr. Rav Mlait, CEO of Max Power, commented: “This strategic move into the United States is another way of differentiating MAX in the growing lithium space in combination with our initiative in northern Quebec where we are the forefront of a highly targeted drive to discover entirely new high-grade lithium camps.”

Supply, demand, price image

Supply

Global lithium mining market is expected to grow from $3.33B in 2020 to $6.37B in 2030. 98% of the world’s lithium production occurs in Australia, Latin America and China.[1]

Demand

Lithium demand is set to rise from 500,000 tonnes of lithium carbonate equivalent (LCE) in 2021 to an estimated 3,000,000 – 4,000,000 tonnes by 2030, representing , more than a 300% increase within the decade.[2]

Price

Lithium surged from $6,000 per tonne to over $78,032 a tonne in 2022, representing a 13-fold increase in less than two years.[3]

 

 

Worldwide EV sales are forecast to increase from 6.5M units to 51M by 2030. Almost 400 new mines are needed to meet this demand by 2035. With over 80% of lithium ion battery production being in China and currently only one operating lithium mine in the United States, the U.S. Department of Energy is making a $3.16B investment in lithium ion battery production domestically to secure the supply of the future.

Source:

[1] Benchmark Mineral Intelligence

[2] Benchmark Mineral Intelligence

[3] Biden Administration Announces $3.16 Billion from Bipartisan Infrastructure Law to Boost Domestic Battery Manufacturing and Supply Chains

Latest News

Check out our latest news & media posts

May 15 2023
MAX Power Cleared by U.S. Dept. of Energy For Development of Direct Lithium Extraction (DLE) Technology with Lawrence Berkeley National Laboratory
May 04 2023
Max Power Commences Lithium Exploration At Willcox Playa in Arizona
April 28 2023
MAX Power Acquires Lithium Exploration Permits, Willcox Playa, Southeastern Arizona, USA

See all articles

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