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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 (CSE: SPRK) (OTC: SPARF) has announced significant progress at its Arapaima Lithium Project in Brazil's Lithium Valley. The company has extended its newly identified pegmatite corridor to 7.2km of strike, combining three target areas in the north. Exploration teams have identified two new pegmatite-bearing corridors through an erosional window in lateritic cover sequences.
The company has collected 89 samples across approximately 10-15% of its 64,359-hectare tenement package, with the first batch of nearly 100 samples being submitted to SGS laboratory in Belo Horizonte. Results are expected by mid-January. The area contains deeply weathered two-mica granites with pegmatite veins and dykes, showing potential for lithium-bearing minerals such as spodumene.
Spark Energy Minerals has identified a significant ~1.7km long pegmatite strike corridor at its Arapaima Lithium Project in Brazil's Lithium Valley. The discovery was made through an erosional window in shallow laterite cover in the central northern portion of the 64,359-hectare tenement package.
The exploration team has identified 5 priority targets for follow-up outcrop rock chip sampling. The most promising area shows multiple pegmatite bodies up to 0.5m in thickness, with widespread evidence of weathered and kaolinized pegmatite intrusives hosted within granite. The pegmatite corridor remains open on both sides, with potential extension up to 8km based on geophysics.
The area was previously highlighted by CPRM as prospective for Lithium based on visible spodumene in heavy mineral concentrates and anomalous stream sediment sampling results.
Spark Energy Minerals has initiated its maiden exploration program at the Arapaima Lithium Project in Brazil's Lithium Valley. The company has deployed three field geology stream sampling teams across its 64,359-hectare tenement. Two teams are focusing on areas with previously identified spodumene concentrations from CPRM surveys, while the third team is conducting systematic reconnaissance. The first day of exploration revealed promising results, including the discovery of a pegmatite occurrence with potentially lithium-bearing minerals at surface, along with two additional pegmatite outcrops.
Spark Energy Minerals (CSE: SPRK) has initiated exploration at its 64,359-hectare Arapaima Lithium Project in Brazil's Lithium Valley. The company has deployed three geological sampling teams to investigate spodumene occurrences identified in government heavy mineral pan concentrate samples. Exploration activities are expected to complete by Q4 2024, with results evaluation in early Q1 2025 and preliminary drill testing planned for Q2 2025.
The company announced a private placement of up to $150,000, offering 1,000,000 units at $0.15 each, with each unit including one share and one warrant exercisable at $0.30. Additionally, Spark has received $451,875 from warrant and option exercises since October 1, 2024.
Spark Energy Minerals has launched an aggressive exploration program at its Arapaima Lithium Project in Brazil's Lithium Valley, covering 64,359 hectares. The company has divided its tenement portfolio into Priority 1 and Priority 2 areas based on geological assessments. The exploration strategy leverages government geological reports from 2016 and 2023, saving significant time and costs. Field activities include stream sediment sampling, heavy mineral pan concentrates testing, geological mapping, and rock chip sampling to identify spodumene-rich pegmatites. The Priority 1 Target Area focuses on the highest-ranked lithium-prospective drainage basins, while Priority 2 includes secondary-ranked areas with potential lithium occurrences.
Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) is advancing exploration at its Arapaima Lithium Project in Brazil's Lithium Valley. Key highlights include:
1. Spark holds the largest contiguous tenement package (64,359 hectares) in the Lithium Valley.
2. The area has exceptional geological potential, supported by fertile G4 granite intrusions and favorable basement formations.
3. Neighboring company Si6 Metals recently discovered a 3km lithium anomalous trend on their adjoining Padre Paraíso prospect.
4. Spark's geological team has developed priority exploration targets using advanced techniques.
The company's strategic position and recent developments in the area validate its potential in the globally significant lithium region.
Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) has announced a debt settlement agreement to acquire full ownership of its flagship Arapaima Lithium Project in Minas Gerais, Brazil. The company will issue 3,666,667 common shares at $0.15 per share to settle a CAD$550,000 debt with an arms-length creditor.
The Arapaima Lithium Project, covering 64,359 hectares, is now the largest contiguous land package in Brazil's 'Lithium Valley'. It is strategically located near major industry players, positioning Spark Energy Minerals at the center of this growing lithium region.
Additionally, Spark Energy Minerals announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States, potentially enhancing liquidity and accessibility for investors.
Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) has provided a corporate update on its flagship Arapaima Lithium Project in Brazil's 'Lithium Valley'. The project covers 63,709 hectares, making it the largest contiguous landholding in the region. Key highlights include:
1. Strategic location near major industry players like Lithium Ionic and Sigma Lithium.
2. Advanced exploration techniques have identified promising lithium-rich targets.
3. Spodumene detected in stream sediments, indicating high lithium potential.
4. Q4 2024 work program focusing on areas identified through remote sensing and geophysical data.
5. Brazil's lithium market is growing rapidly, with significant developments like Sigma Lithium's expansion and Pilbara Minerals' acquisition of Latin Resources.
The company also introduced its management team, including CEO Eugene Hodgson and VP Exploration Jonathan Hill, highlighting their extensive experience in the resource industry.
Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) has completed its acquisition of Latam Energy Acquisition Corp. The transaction involved issuing 20 million common shares of Spark at $0.7 per share to Latam shareholders. Through this acquisition, Spark has gained rights to the Joaima and Vertex Projects in Minas Gerais, Brazil, totaling 36,479 hectares of lithium tenements.
The acquired projects are strategically located in Brazil's Lithium Valley, near major lithium players. As part of the transaction, Michael Stier, former CEO of Latam, has joined Spark's board of directors. Mario Drolet has resigned from the board. Eugene Hodgson, CEO of Spark, emphasized that this acquisition expands their footprint in Brazil's Lithium Valley, positioning Spark as a major player in the region.
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