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Spark Energy Minerals (SPARF) has completed its first field exploration campaign at the 64,359-hectare Arapaima Lithium project in Brazil’s Lithium Valley. The exploration covered approximately 20% of the land package and identified 8 pegmatite trends with a combined strike of 27.2km. Key findings include:
– 78 individual pegmatite occurrences recorded
– 144 samples submitted to SGS laboratory
– Three priority target areas defined
– Target Area 1: ~13.3km combined pegmatite trend
– Target Area 5: ~5.6km combined strike length
– New Target Area 6: ~8.3km combined strike length
Results from laboratory analysis are expected by end of January 2025, and work will resume on January 6th with three geological teams.
Spark Energy Minerals (SPARF) ha completato la sua prima campagna di esplorazione sul campo nel progetto Arapaima Lithium di 64.359 ettari nella Valle del Litio in Brasile. L’esplorazione ha coperto circa il 20% della superficie totale e ha identificato 8 tendenze pegmatitiche con una lunghezza combinata di 27,2 km. Le principali scoperte includono:
– 78 singole occorrenze di pegmatite registrate
– 144 campioni inviati al laboratorio SGS
– Tre aree target prioritizzate definite
– Area Target 1: ~13,3 km di tendenza pegmatitica combinata
– Area Target 5: ~5,6 km di lunghezza combinata
– Nuova Area Target 6: ~8,3 km di lunghezza combinata
I risultati dell’analisi di laboratorio sono attesi entro la fine di gennaio 2025 e il lavoro riprenderà il 6 gennaio con tre squadre geologiche.
Spark Energy Minerals (SPARF) ha completado su primera campaña de exploración de campo en el proyecto de Lítio Arapaima de 64,359 hectáreas en el Valle de Litio de Brasil. La exploración cubrió aproximadamente el 20% del paquete de tierras e identificó 8 tendencias pegmatíticas con una longitud total de 27,2 km. Los hallazgos clave incluyen:
– 78 ocurrencias individuales de pegmatita registradas
– 144 muestras enviadas al laboratorio SGS
– Tres áreas objetivo prioritarias definidas
– Área Objetivo 1: ~13,3 km de tendencia pegmatítica combinada
– Área Objetivo 5: ~5,6 km de longitud combinada
– Nueva Área Objetivo 6: ~8,3 km de longitud combinada
Se esperan los resultados del análisis de laboratorio para finales de enero de 2025, y el trabajo se reanudará el 6 de enero con tres equipos geológicos.
스파크 에너지 미네랄스 (SPARF)는 브라질 리튬 밸리의 64,359 헥타르 아라파이마 리튬 프로젝트에서 첫 번째 현장 탐사 캠페인을 완료했습니다. 탐사는 전체 토지 패키지의 약 20%를 커버하며, 8개의 페그마타이트 트렌드를 식별했습니다. 이들의 총 길이는 27.2km입니다. 주요 발견 사항은 다음과 같습니다:
– 78개의 개별 페그마타이트 발생 기록
– SGS 실험실에 제출된 144개의 샘플
– 정의된 세 개의 우선 목표 지역
– 목표 지역 1: ~13.3km의 결합된 페그마타이트 트렌드
– 목표 지역 5: ~5.6km의 결합된 길이
– 새로운 목표 지역 6: ~8.3km의 결합된 길이
실험실 분석 결과는 2025년 1월 말에 예상되며, 작업은 1월 6일에 세 개의 지질팀과 함께 재개됩니다.
Spark Energy Minerals (SPARF) a terminé sa première campagne d’exploration sur le terrain dans le projet Arapaima Lithium de 64 359 hectares dans la Vallée du Lithium au Brésil. L’exploration a couvert environ 20 % de la superficie et a identifié 8 tendances pegmatitiques avec une longueur totale de 27,2 km. Les résultats clés incluent :
– 78 occurrences individuelles de pegmatite enregistrées
– 144 échantillons soumis au laboratoire SGS
– Trois zones cibles prioritaires définies
– Zone Cible 1 : ~13,3 km de tendance pegmatitique combinée
– Zone Cible 5 : ~5,6 km de longueur combinée
– Nouvelle Zone Cible 6 : ~8,3 km de longueur combinée
Les résultats des analyses de laboratoire sont attendus d’ici fin janvier 2025, et le travail reprendra le 6 janvier avec trois équipes géologiques.
Spark Energy Minerals (SPARF) hat seine erste Feldexplorationskampagne im 64.359 Hektar großen Arapaima-Lithiumprojekt im brasilianischen Lithium-Tal abgeschlossen. Die Exploration umfasste etwa 20% des Grundstücks und identifizierte 8 Pegmatit-Trends mit einer Gesamtlänge von 27,2 km. Zu den wichtigsten Ergebnissen gehören:
– 78 einzelne Pegmatit-Vorkommen registriert
– 144 Proben an das SGS-Labor gesendet
– Drei priorisierte Zielgebiete definiert
– Zielgebiet 1: ~13,3 km kombinierte Pegmatit-Trend
– Zielgebiet 5: ~5,6 km kombinierte Länge
– Neues Zielgebiet 6: ~8,3 km kombinierte Länge
Die Ergebnisse der Laboranalysen werden bis Ende Januar 2025 erwartet, und die Arbeiten werden am 6. Januar mit drei geologischen Teams fortgesetzt.
Positive
- Identified 8 pegmatite trends over 27.2km combined strike length
- Mapped 78 individual pegmatite occurrences
- Covered 20% of land package with initial exploration
- Discovered three priority target areas with significant strike lengths
Negative
- Laboratory results pending and unconfirmed presence of lithium minerals
- Large areas covered by regolith making mineral identification difficult
- Deep weathering of pegmatite bodies complicating mineral identification
–78 individual pegmatite occurrences recorded
Vancouver, British Columbia–(Newsfile Corp. – December 24, 2024) – Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) (“Spark” or the “Company”) an exploration Company focused on the discovery of battery metals in Brazil’s prestigious Lithium Valley, is pleased to provide a year-end update after successfully completing its first “boots on the ground” field exploration campaign at the Company’s 64,359-hectare Arapaima Lithium project located in Lithium Valley, Minas Gerais, Brazil.
Arapaima Lithium Project Exploration Highlights:
- The Spark geological teams successfully completed an initial “boots on the ground” exploration work program during Q4 2024. Work will resume on the 6th of January with three geological teams.
- To date, first-pass exploration has covered approximately 20% of Spark’s extensive 64,359 tenement land package.
- A total of 144 samples have been submitted to SGS laboratory for lithium and multi-element analysis including the full suite of rare earth elements. Analysis results are expected to be reported by the end of January 2025.
- Definition of three (3) initial priority target areas comprising eight (8) pegmatite trends with an overall combined strike extent of ~27.2 km.
- Target Area 1, initially identified in week 1, has a combined pegmatite trend strike length defined to date of ~13.3km.
- Target Area 5, in the central west part of the tenement package has a combined pegmatite strike length defined of ~5.6km
- New Target Area 6, identified ~1.8km south of Target Area 1, contains two pegmatite trends with a combined strike length of ~8.3km. (Figures 1, 2, 3, 4 and 5)
- Statistics from Phase 1 Exploration – Q4 2024
- 230 geological observation points mapped
- 78 individual pegmatite occurrences / outcrops recorded.
- 14 old artisanal workings identified (unknown commodity)
- 144 samples collected and submitted to SGS Laboratory in Belo Horizonte
- The exploration work to date has rapidly progressed Spark’s understanding of the geology across the company’s large contiguous 64,359-hectare tenement package. While large areas of the tenement package are covered by varying degrees of regolith and recent sedimentary sequences, the teams have identified and defined erosional windows through this cover with some significant areas and trends, (now prioritized as major targets), of weathered-saprolitised granite intruded by pegmatites have been mapped and sampled.
- Target Area 1 is largely underlain by the two mica G2 granite which is host to multiple pegmatite bodies, some attaining thicknesses of above 5m.
- The recently identified New Target Area 6 is underlain by the G4 super suite – biotite granite, which so far is seen to be host to multiple, mainly narrow pegmatite bodies, in the areas observed to date. Two structural trends have been identified at this target, one trending northeast-southwest and the other northwest-southeast.
- Target Area 5 is defined by a 5.3km trend of weathered two mica granite intruded by pegmatite. Of interest is the clear correlation of this trend with a prominent thorium response in the regional radiometric images.
- It should be noted that many of the pegmatite bodies identified to date, as is the case for their host granites, have been deeply weathered. This weathering overprint makes the positive identification of the various targeted lithium minerals, especially spodumene, which are preferentially weathered to smectite clays in tropically weathered environments, extremely difficult in hand specimens.
- To obtain positive and uncontestable confirmation of the presence of the targeted lithium mineral, tentatively identified as spodumene in weathered surface outcrop samples collected to date, and to support the certified laboratory results once reported (end January 2025). The company has submitted several, so far unidentified samples for XRD (X-ray diffraction) and LIBs (Lazer Induced Breakdown Spectroscopy) which are alternative methods used by industry to positively identify various lithium and related pathfinder elements.
Figure 1: Figure showing the location of Priority Target Areas 1, 5 and New Target 6 with sampling points, Arapaima Lithium project tenements
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/235146_bf99d14d24f4d93c_002full.jpg
Figure 2: Figure showing the location of Priority Target Areas 1, 5 and New Target 6 with geological data points, Arapaima Lithium project tenements
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/235146_bf99d14d24f4d93c_003full.jpg
Figure 3: Map showing the relative position of Target Area 1 (13.3km trend) with New Target Area 6 (8.3 km trend), ~1.8km to the south.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/235146_bf99d14d24f4d93c_004full.jpg
Figure 4: Photos of pegmatites recently identified and mapped within the New Target 6 pegmatite corridors with a combined strike extent of 8.3km to date.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/235146_bf99d14d24f4d93c_005full.jpg
Figure 5: View of Target Area 5 showing a strong correlation between the 5.6 km pegmatite corridor and the thorium radiometric response.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/235146_bf99d14d24f4d93c_006full.jpg
Jon Hill, Director of Spark Energy Minerals commented: “We are very pleased with the excellent progress our teams have made at Arapaima since the commencement of “boots on the ground exploration”, having already, after only 4 weeks in the field, identified and field verified almost 30km of cumulative, prospective strike represented by 8 pegmatite trends supported by 78 individual pegmatite occurrences mapped. This is even more remarkable given the high percentage of regolith cover across this region. We are looking forward to continuing to progress first pass and priority follow-up exploration across the portfolio in January, especially with the support that initial analytical results (expected from mid-January) will provide to our field activities.”
Target Generation Program: Planning Q1 2025
- Receive and interpret the analytical results from samples submitted to SGS laboratory to date (144 samples).
- Review and refine the exploration strategy based on initial analytical results, whilst continuing the first pass mapping and stream sediment sampling program across the entire 64,359-hectare tenement package by the end of Q1 2025.
- Support an independent field geological assessment commencing 7th January for preparation of an NI 43-101 Exploration Report.
Eugene Hodgson, CEO of Spark Energy Minerals, stated: “The successful conclusion of our 2024 Arapaima field program marks a significant milestone for Spark Energy. The identification of 8 pegmatite trends spanning a combined strike of 27.2km, along with 78 individual pegmatite occurrences, underscores the immense potential of our project in Brazil’s Lithium Valley. These results, achieved by exploring only 20% of our extensive land package, validate our strategic approach and position us for an exciting 2025. We’re particularly encouraged by the rapid progress our geological teams have made, providing us with valuable insights that will guide our future exploration efforts. As we await the analytical results, we’re already planning an accelerated exploration program for Q1 2025, aiming to unlock further value across our 64,359-hectare tenement. This successful campaign sets a strong foundation for Spark Energy’s continued growth in the critical battery metals sector.”
Qualified Person:
The scientific and technical information disclosed in this document has been reviewed and approved by Jonathan Victor Hill BSc Hons, FAUSIMM, a Qualified Person consistent with NI 43-101.
About Spark Energy Minerals Inc.
Spark Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company’s flagship project is the Arapaima Lithium project spanning 64,359 hectares in Brazil’s renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement Disclaimer
Certain statements contained in this release may constitute “forward-looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235146
FAQ
What are the key findings from SPARF’s 2024 Arapaima Field Program?
The program identified 8 pegmatite trends with 27.2km combined strike length, mapped 78 pegmatite occurrences, and defined three priority target areas across the 64,359-hectare project.
When will SPARF receive the laboratory results from the Arapaima exploration?
Laboratory results from the 144 samples submitted to SGS are expected by the end of January 2025.
What is the size of SPARF’s Arapaima Lithium project?
The Arapaima Lithium project covers 64,359 hectares in Brazil’s Lithium Valley, Minas Gerais.
How much of SPARF’s Arapaima project has been explored so far?
Approximately 20% of the total 64,359-hectare tenement land package has been explored during the Q4 2024 program.
What are the next steps for SPARF’s Arapaima project in Q1 2025?
SPARF plans to continue first-pass mapping, interpret initial analytical results, and support an independent field geological assessment for an NI 43-101 Exploration Report.
