Business
Spark Energy Minerals Announces Completion of Maiden Drill Campaign in Brazil's Lithium Valley and Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company"
About this update from Spark Energy Minerals Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) (\"Spark\" or the \"Company\") is pleased to provide an update on its maiden reverse circulation (\"RC\") drill campaign at the Arapaima Project in Brazil's Lithium Valley. The Company also provides an update on its previously disclosed warrant incentive program, recent marketing and investor awareness initiatives, and certain corporate governance matters. Maiden Drill Campaign Completed - Arapaima Project, Brazil Spark has successfully completed its maiden drill campaign at the Arapaima Project, located near the Cruzeta community approximately 7 kilometres from the city of Padre Paraíso, Minas Gerais, Brazil. The drill program was originally designed as a three-hole, approximately 300-metre first-pass campaign to test priority near-surface targets identified through earlier surface geochemical sampling. Based on favourable drilling conditions and strong operational progress in the field, the program was expanded and completed with five RC drill holes totaling 296 metres, providing broader initial coverage across the target area. Figure 1: Reverse circulation drilling at Spark Energy Minerals' Arapaima Project in Brazil's Lithium Valley during the Company's maiden drill campaign. The maiden RC drill campaign represents the first phase of Spark's broader, staged exploration strategy at the company's flagship Arapaima Project. The completed drill holes are summarized as follows: ARA-RC-001: 58 metres ARA-RC-002: 44 metres ARA-RC-003: 94 metres ARA-RC-004: 46 metres ARA-RC-005: 54 metres Drilling targeted areas characterized by thick saprolite developed from the physical weathering of granitic rocks correlated to the Caladão Granite, which is widespread in the Padre Paraíso region and has been the focus of prior surface geochemical sampling for rare earth elements. The local terrain comprises a plateau with elevations ranging from approximately 920 to 960 metres. The RC drilling methodology proved effective within the developed saprolitic profile, eliminating the need for water in the drilling fluid and enabling efficient field operations. Sample recovery ranged between 85% and 100% across the program. Access to drill sites was excellent due to proximity to existing infrastructure and the nearby ci...