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Spark Energy Hits Highest Lithium Anomalism to Date Identifying New Priority Lithium Target "Cruzeta"

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Spark Energy Minerals (SPARF) has announced significant lithium findings at its newly identified 'Cruzeta' target within the Arapaima Lithium Project in Brazil's Lithium Valley. Rock-chip sampling revealed the company's highest lithium anomalism to date, with values up to 1,397 ppm, along with notable pathfinder elements including Tantalum, Niobium, Tin, Cesium, and Gallium.

The discovery features low Potassium/Rubidium (K/Rb) ratios as low as 23.84, indicating highly evolved and fractionated LCT pegmatites. The company has identified 123 pegmatite occurrences within 13 pegmatite trends over a 31km strike across their 64,359 Ha tenement package. Three high-priority lithium targets (Agua Branca, Grota do Maquém, and Cruzeta) and one rare earth elements target (Caladão) have been mapped for detailed exploration.

Spark Energy Minerals (SPARF) ha annunciato importanti scoperte di litio nel suo nuovo obiettivo 'Cruzeta' all'interno del Progetto Litio Arapaima nella Valle del Litio in Brasile. I campionamenti di rocce hanno rivelato il più alto livello di anomalia di litio dell'azienda fino ad oggi, con valori fino a 1.397 ppm, insieme a notevoli elementi indicatori tra cui Tantalio, Niobio, Stagno, Cesio e Gallio.

La scoperta presenta rapporti di Potassio/Rubidio (K/Rb) bassi fino a 23,84, indicando pegmatiti LCT altamente evoluti e frazionati. L'azienda ha identificato 123 occorrenze di pegmatiti all'interno di 13 tendenze di pegmatiti su una lunghezza di 31 km nel loro pacchetto di concessioni di 64.359 Ha. Tre obiettivi di litio ad alta priorità (Agua Branca, Grota do Maquém e Cruzeta) e un obiettivo di elementi delle terre rare (Caladão) sono stati mappati per un'esplorazione dettagliata.

Spark Energy Minerals (SPARF) ha anunciado importantes hallazgos de litio en su nuevo objetivo 'Cruzeta' dentro del Proyecto de Litio Arapaima en el Valle del Litio de Brasil. El muestreo de rocas reveló el mayor nivel de anomalía de litio de la compañía hasta la fecha, con valores de hasta 1.397 ppm, junto con elementos indicativos notables como Tantalio, Niobio, Estaño, Cesio y Galio.

El descubrimiento presenta razones bajas de Potasio/Rubidio (K/Rb) de hasta 23.84, lo que indica pegmatitas LCT altamente evolucionadas y fraccionadas. La compañía ha identificado 123 ocurrencias de pegmatitas dentro de 13 tendencias de pegmatitas a lo largo de un tramo de 31 km en su paquete de concesiones de 64.359 Ha. Se han mapeado tres objetivos de litio de alta prioridad (Agua Branca, Grota do Maquém y Cruzeta) y un objetivo de elementos de tierras raras (Caladão) para una exploración detallada.

Spark Energy Minerals (SPARF)는 브라질 리튬 밸리 내 아라파이마 리튬 프로젝트의 새롭게 확인된 '크루제타' 목표에서 중요한 리튬 발견을 발표했습니다. 암석 샘플링 결과, 회사의 최고 리튬 이상치가 확인되었으며, 값은 최대 1,397 ppm에 달하고, 탄탈륨, 니오븀, 주석, 세슘, 갈륨과 같은 주목할 만한 경로 요소도 포함되었습니다.

이번 발견은 23.84까지 낮은 칼륨/루비듐(K/Rb) 비율을 특징으로 하며, 이는 고도로 진화되고 분화된 LCT 페그마타이트를 나타냅니다. 회사는 64,359 헥타르의 권리 패키지에 걸쳐 31km의 스트라이크에서 13개의 페그마타이트 트렌드 내에 123개의 페그마타이트 발생을 확인했습니다. 세 개의 고우선 리튬 목표(아구아 브랑카, 그로타 두 마퀴엠, 크루제타)와 하나의 희토류 요소 목표(칼라당)가 상세 탐사를 위해 매핑되었습니다.

Spark Energy Minerals (SPARF) a annoncé des découvertes significatives de lithium sur son nouvel objectif 'Cruzeta' dans le cadre du Projet Lithium Arapaima dans la Vallée du Lithium au Brésil. L'échantillonnage de roches a révélé la plus forte anomalie de lithium de l'entreprise à ce jour, avec des valeurs allant jusqu'à 1.397 ppm, ainsi que des éléments indicateurs notables tels que le Tantale, le Niobium, l'Étain, le Césium et le Gallium.

La découverte présente des rapports Potassium/Rubidium (K/Rb) aussi bas que 23,84, indiquant des pegmatites LCT hautement évoluées et fractionnées. L'entreprise a identifié 123 occurrences de pegmatites au sein de 13 tendances de pegmatites sur une longueur de 31 km dans son paquet de concessions de 64.359 Ha. Trois cibles de lithium de haute priorité (Agua Branca, Grota do Maquém et Cruzeta) et une cible d'éléments des terres rares (Caladão) ont été cartographiées pour une exploration détaillée.

Spark Energy Minerals (SPARF) hat bedeutende Lithiumfunde an ihrem neu identifizierten Ziel 'Cruzeta' im Arapaima-Lithiumprojekt im Lithiumtal Brasiliens bekannt gegeben. Die Gesteinsprobenahme ergab die bisher höchste Lithiumanomalie des Unternehmens mit Werten von bis zu 1.397 ppm, sowie bemerkenswerte Indikatorelemente wie Tantal, Niob, Zinn, Cäsium und Gallium.

Die Entdeckung weist niedrige Kalium/Rubidium (K/Rb)-Verhältnisse von bis zu 23,84 auf, was auf hochentwickelte und fraktionierte LCT-Pegmatite hinweist. Das Unternehmen hat 123 Pegmatitvorkommen innerhalb von 13 Pegmatittrends über einen 31 km langen Streifen in ihrem 64.359 Hektar umfassenden Konzessionspaket identifiziert. Drei hochpriorisierte Lithiumziele (Agua Branca, Grota do Maquém und Cruzeta) sowie ein Ziel für seltene Erden (Caladão) wurden für eine detaillierte Erkundung kartiert.

Positive
  • Highest lithium values to date discovered (up to 1,397 ppm)
  • Extensive project area of 64,359 hectares in strategic Lithium Valley location
  • 123 pegmatite occurrences identified across 13 trends
  • Multiple high-priority targets identified for both lithium and rare earth elements
  • Favorable K/Rb ratios indicating highly evolved pegmatites suitable for lithium mineralization
Negative
  • Early-stage exploration with no drilling results yet
  • 61 sub-drainage basins still remain to be sampled
  • Requires further detailed exploration to confirm economic viability

Vancouver, British Columbia--(Newsfile Corp. - April 8, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to announce positive lithium and key pathfinder analytical results from rock-chip sampling in a newly identified high priority Lithium — LCT Pegmatite — Target "Cruzeta" at the Company's flagship Arapaima Lithium Project, Lithium Valley, Minas Gerais, Brazil.

The new target, Cruzeta, has been defined by reconnaissance near surface rock-chip samples with analytical results reporting anomalous Lithium values (up to 1,397 ppm) and essential pathfinder elements, including Tantalum (up to 31 ppm), Niobium (up to 413 ppm), Tin (up to 91 ppm), Cesium (up to 106.8 ppm), and Gallium (up to 165 ppm). Importantly, the samples returned Potassium/Rubidium (K/Rb) ratios as low as 23.84*, pointing to highly evolved and fractionated LCT pegmatites, which are characterized by this ratio and the above elemental association.

Jon Hill, Director of Spark Energy Minerals, commented: "We are extremely satisfied with the identification of this new high quality "Cruzeta Target" that appears to contain highly fractioned pegmatites containing our highest anomalous Lithium values to date with up to 1,397 ppm Li. We continue to progress with our first pass exploration program with 61 sub-drainage basins remaining to be explored across Spark's extensive 64,359 Ha tenement package. The Company, after only a few months, has identified 123 pegmatite occurrences within 13 pegmatite trends over a combined 31km strike. We have now mapped three (3) high-priority lithium target areas (Agua Branca, Grota do Maquém and Cruzeta) and one high-priority rare earth elements (REE) target (Caladão) for detailed follow-up exploration. We are confident that initial diamond drilling targets will be generated from this detailed follow-up work within these prospective areas throughout the Arapaima Lithium project here in Brazil."

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Figure 1: Location of the new Cruzeta Target relative to Spark's tenement package and the Agua Branca, Groto do Maquém (lithium) and Caladão (rare earth elements (REE)) priority targets.

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Cruzeta Target

Analytical results for six (6) rock-chip samples from the Cruzeta Target were recently reported and presented below.

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Table 1: Analytical results from Cruzeta for Lithium and important pathfinder elements including Potassium/Rubidium (K/ Rb) ratios.

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Figure 2: Newly defined Cruzeta Target showing the location of highly anomalous Lithium and pathfinder element rock-chip samples and the distribution of old artisanal garimpeiro workings within and along the margins of two anomalous sub-drainage basins.

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Reconnaissance exploration to date at Cruzeta has also identified the widespread occurrence of additional old artisanal-garimpeiro workings on Spark's tenements, previously exploited for gemstones providing very encouraging signs of economic mineral potential associated with pegmatites. More detailed mapping and sampling of these areas will be prioritized going forward.

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Figure 3: Old Artisanal — Garimpeiro workings previously exploited for gemstones (Beryl — Aquamarine) within the Cruzeta Target showing deeply weathered pegmatite occurrences.

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Potassium/Rubidium Ratio (K/Rb)*

The (K/Rb) ratio is an important geochemical indicator used in lithium exploration (in conjunction with other tools and indicators), particularly in pegmatite-hosted lithium deposits. It provides insights into the degree of fractionation of pegmatites, which directly influences their potential to host lithium mineralization. Pegmatites with low K/Rb ratios (<150) are more evolved and considered fertile for lithium exploration.

The Cruzeta Target has produced in the highest assays to date with 739 ppm, 1,217 ppm and 1,397 ppm Li respectively. The K/Rb ratios for these three samples tabulated above (Table 1) report as low as 23.84 to 36.42 pointing to the potential proximity of highly evolved Lithium, Cesium, Tantalum (LCT) pegmatites which are characterized by this ratio and the corresponding pathfinder elemental association.

Given the deeply weathered pegmatite occurrences found throughout the tenements and elsewhere within the Lithium Valley, pathfinder elements and these key ratios become critical tools for narrowing in on priority targets to explore at depth. Exploration efforts are focused on the identification of advanced pegmatite evolution and strong K/Rb ratios can indicate the following:

  • These pegmatites formed from highly evolved granitic melts (their composition changes as the melt differentiates).
  • Rubidium (Rb) preferentially replaced potassium (K) in potassium feldspar and mica minerals during the melt process.
  • Low K/Rb ratio is created suggesting a higher degree of fractionation, meaning the pegmatite has undergone extensive differentiation, increasing the likelihood of lithium (Li) enrichment.
  • Highly fractionated pegmatites often contain lithium-bearing minerals like spodumene, petalite, and lepidolite.

Arapaima Lithium Project Continued Exploration Plans

Exploration of Spark's extensive 64,359-hectare tenement package will continue on three main fronts:

  • Continued first pass reconnaissance phase geological mapping and stream sediment samples with 61 sub-drainage basins remaining to be sampled.
  • Follow up initiatives in the highly prospective Agua Branca, Groto do Maquém, and Cruzeta priority lithium targets with ongoing interpretation of the results to develop initial drill testing targets.
  • Plan more extensive programs in the high priority Caladão REE target including auger drilling to further delineate the potential of the prospective REE & gallium zone contiguous to Axel REE's project.

To date, the Company has completed the following exploration work:

  • Geological Observations: 401
  • Pegmatite occurrences: 123
  • Artisanal workings: 66
  • Samples collected: 399
  • Pegmatite trends: 13
  • Sub-drainage basins sampled: 27
  • Sub-drainage basins remaining to be sampled 61

Eugene Hodgson, CEO & Director of Spark Energy Minerals, commented: "Achieving the highest lithium anomalism to date at the Cruzeta target is a significant milestone for Spark Energy Minerals. The strong lithium and pathfinder element results from our recent rock-chip sampling confirm the highly prospective nature of the Cruzeta target, which adds to our growing portfolio of priority exploration zones across the Arapaima Lithium Project. This discovery, combined with our ongoing exploration efforts, positions Spark to continue advancing our understanding of this world-class lithium district. We remain confident that our systematic approach to exploration will lead to the identification of high-quality drilling targets and ultimately help position Spark as a key player in the growing global lithium supply chain."

QA/QC Protocols

Spark maintained full chain-of-custody control from sampling through to laboratory delivery ensuring the reliability of the assay results. SGS Laboratory used QAQC protocols for blanks, standards and duplicates, the results of which are reported alongside the completed analysis.

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 and a director of Spark Energy Minerals Inc.

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.

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. In addition, it should be noted that rock, soil and stream sediment samples are inherently selective samples and may not represent the true underlying mineralization. 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/247844

FAQ

What are the latest lithium values discovered at SPARF's Cruzeta target?

The Cruzeta target revealed lithium values up to 1,397 ppm, marking SPARF's highest anomalous lithium values to date.

How many pegmatite occurrences has SPARF identified in their Arapaima Project?

SPARF has identified 123 pegmatite occurrences within 13 pegmatite trends over a combined 31km strike.

What is the size of SPARF's Arapaima Lithium Project in Brazil?

The Arapaima Lithium Project covers an extensive 64,359-hectare tenement package.

What are the priority targets identified by SPARF in the Arapaima Project?

SPARF has identified three high-priority lithium targets (Agua Branca, Grota do Maquém, and Cruzeta) and one high-priority rare earth elements target (Caladão).

What indicates the potential for lithium mineralization in SPARF's Cruzeta target?

The Cruzeta target shows low K/Rb ratios (as low as 23.84), indicating highly evolved pegmatites favorable for lithium mineralization.
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