Spark Energy Exploration Team Enters Lithium Valley and Begins Field Program
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 ha avviato il suo primo programma di esplorazione presso il Progetto Litio Arapaima nella Valle del Litio in Brasile. La società ha inviato tre squadre di campionamento geologico di campo su un lotto di 64.359 ettari. Due squadre si stanno concentrando su aree con concentrazioni di spodumene già identificate attraverso i sondaggi del CPRM, mentre la terza squadra sta conducendo un riconoscimento sistematico. Il primo giorno di esplorazione ha rivelato risultati promettenti, inclusa la scoperta di una occorrenza di pegmatite con potenziali minerali contenenti litio in superficie, insieme a due affioramenti di pegmatite aggiuntivi.
Spark Energy Minerals ha iniciado su primer programa de exploración en el Proyecto Litio Arapaima en el Valle del Litio de Brasil. La empresa ha desplegado tres equipos de muestreo geológico de campo a lo largo de su concesión de 64,359 hectáreas. Dos equipos se están enfocando en áreas con concentraciones de spodumene previamente identificadas en encuestas de CPRM, mientras que el tercer equipo está realizando un reconocimiento sistemático. El primer día de exploración reveló resultados prometedores, incluida el descubrimiento de una ocurrencia de pegmatita con posibles minerales que contienen litio en la superficie, junto con dos afloramientos de pegmatita adicionales.
Spark Energy Minerals는 브라질 리튬 밸리의 Arapaima 리튬 프로젝트에서 첫 번째 탐사 프로그램을 시작했습니다. 이 회사는 64,359헥타르의 보유지를 대상으로 세 개의 지질 현장 샘플링 팀을 배치했습니다. 두 팀은 CPRM 조사에서 이전에 확인된 스포듐네 농집 지역에 집중하고 있으며, 세 번째 팀은 체계적인 정찰을 수행하고 있습니다. 탐사의 첫날에는 지표에서 리튬 함유 광물이 포함된 페그마타이트 발견을 포함하여 유망한 결과가 드러났고, 두 개의 추가적인 페그마타이트 노출도 발견되었습니다.
Spark Energy Minerals a lancé son premier programme d'exploration au Projet Lithium Arapaima dans la Vallée du Lithium au Brésil. La société a déployé trois équipes de prélèvement géologique de terrain sur son terrain de 64 359 hectares. Deux équipes se concentrent sur des zones où des concentrations de spodumène ont été précédemment identifiées par des enquêtes du CPRM, tandis que la troisième équipe effectue une reconnaissance systématique. Le premier jour d'exploration a révélé des résultats prometteurs, y compris la découverte d'un affleurement de pegmatite avec des minéraux potentiellement porteurs de lithium en surface, ainsi que deux affleurements de pegmatite supplémentaires.
Spark Energy Minerals hat sein erstes Explorationsprogramm im Arapaima Lithium-Projekt im Lithium-Tal in Brasilien gestartet. Das Unternehmen hat drei Teams zur geologischen Feldprobenahme in seinem 64.359 Hektar großen Konzessionsgebiet eingesetzt. Zwei Teams konzentrieren sich auf Gebiete mit zuvor identifizierten Spodumenkonzentrationen aus CPRM-Befragungen, während das dritte Team systematische Erkundungen durchführt. Der erste Tag der Erkundung brachte vielversprechende Ergebnisse, darunter die Entdeckung eines Pegmatitvorkommens mit potenziell lithiumhaltigen Mineralien an der Oberfläche sowie zwei weitere Pegmatit-Ausschüsse.
- Discovery of previously unknown pegmatite occurrences on first day of exploration
- Large exploration area of 64,359 hectares in strategic Lithium Valley location
- Multiple teams deployed for concurrent exploration activities
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 27, 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 announce the exploration team has officially entered Brazil's Lithium Valley and has commenced the maiden exploration program at the Company's flagship Arapaima Lithium Project. The core focus of the program is following up on the spodumene occurrences identified in government heavy mineral pan concentrate samples across the 64,359-hectares.
Exploration Highlights:
- Spark has mobilized three field geology stream sampling teams, having completed their first day in the field yesterday, November 26, 2024.
- Two teams are dedicated to detailed follow-up around key sample points (See Figure 1), where visible spodumene concentrations were reported in heavy mineral concentrates published by the CPRM (Brazilian Geological Survey) in 20161 and 20232.
- The third team has initiated a systematic reconnaissance across the entire tenement, aiming to quickly validate historical data, including information from competitors (Si6, Perpetual), and new targets identified by Spark's geophysical, remote sensing, and geochemical analyses.
Arapaima Lithium Project - Exploration of Priority Targets:
Figure 1 below shows the entire Arapaima tenement, marking government heavy mineral pan concentrate sample points (blue stars) where visible spodumene was reported in the CPRM 2016 study. These are superimposed on the highest-ranked lithium prospectivity drainage basin (highlighted in red), as indicated in the CPRM 2023 report. In addition, Spark's newly generated targets derived from public domain geophysical, remote sensing, and geochemical datasets. It also includes planned sampling points for ongoing sediment and mineral pan concentrate collection as part of Spark's "boots on the ground" exploration efforts.
Figure 1: Spark's 64,359-hectare Arapaima Lithium Project highlighting targets from Brazil's CPRM 2023 government report as well as targets from remote sensing and geochemical datasets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/231699_20d0a708049b194c_002full.jpg
Jon Hill, VP Exploration, Country Manager & Director, Comments:
"We are based out of a small hotel in Padre Paradiso, located right at the 'gateway to the Lithium Valley', a short drive to the Arapaima Lithium project tenements. The team gathered to review and discuss priorities, logistics, key deliverables, both technical and non-technical procedures, safety and protocols. We have three field vehicles to support the three teams each led by a senior geologist and yesterday we took our first steps on the property. The first day was encouraging having immediately found an exposure from a former road borrow pit containing a prominent pegmatite occurrence, highly weathered but early indications of potentially lithium bearing minerals observed at surface. This pegmatite occurrence was not based on the known data of the CPRM geologists however we remain confident the CPRM government data has put us immediately in the right areas as the team uncovered two additional locations with pegmatite outcrops. The weathered outcrop shown in Figure 4 is exactly what we were hoping to see and we've only scratched the surface of this staggering 64,359 hectare tenement package."
Figure 2: Exploration team meets in the Lithium Valley base camp to review the final plans prior to heading out into the field
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/231699_20d0a708049b194c_003full.jpg
Figure 3: Viewpoint of Spark's tenements looking south-southwest highlighting the red/orange exposure on the right-hand side which represents the "cover" or overburden in the area of interest as well as the targeted erosional window beneath the cover with visible weathered outcrop
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10093/231699_20d0a708049b194c_004full.jpg
Figure 4: Drone image over top of the targeted erosional window beneath the cover showcasing visible weathered outcrop. This area will be the subject of immediate follow-up and sampling over the next couple of days.
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https://images.newsfilecorp.com/files/10093/231699_20d0a708049b194c_005full.jpg
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.
- Source: ''Evaluation of the Lithium Potential in Brasil" – Mid – Jequitinhonha River, North -East Minas Gerais" ministry of Mines and Energy, Secretary of Geology, Mines and Development, the Geological Survey of Brazil promoting mineral research. Technical Report – 2016
- Source: ''Lithium Potential Assessment Project in Brasil" in the Eastern Pegmatite Province of Brasil: the Geological Survey of Brazil promoting mineral research. Technical Report 19 – August 2023 DOI: 10.29396/ITCPRM.2023.19
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 holds significant land and mineral rights 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.
FOR ADDITIONAL INFORMATION, SEE THE COMPANY'S WEBSITE AT
https://sparkenergyminerals.com
Email to info@sparkenergyminerals.com
Contact: Eugene Hodgson, CEO, Tel. +1-778-744-0742
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/231699
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