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Spark Energy Minerals Expands Priority Targets Over a Combined 31km Pegmatite Trend at the Arapaima Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2025) - 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. - January 31, 2025) - 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 an update on recent exploration activities completed through January 2025. In January 2025, Spark's field teams have continued with first pass reconnaissance mapping and stream sediment sampling coverage over unexplored areas of the tenement package with the aim of identifying and definition of new pegmatite trends. In January, a further 3 new pegmatite trends have been identified, bringing the total pegmatite occurrences identified to date to 90 over a combined 31km of strike within 11 trends. To date, a total of 19 old underground and open pit mining excavations have been identified. The team has also identified extensive areas with excellent potential for the discovery of regolith-hosted rare earth elements (REE) and Gallium, as highlighted by recent competitor press releases whose tenements are contiguous to Sparks. Axel Ree Limited's release in December 2024 reported high-grade intercepts of up to 124 g/t Ga₂O₃ and REE values of up to 28,321ppm TREO in the regolith immediately south of Sparks tenements (see full release here). Moving into February, the exploration program and strategy will include a detailed follow-up of anomalous analytical results from the December 2024 program which are due imminently. Arapaima Lithium Project Highlights: Spark Energy's 64,359-hectare land package runs parallel to Sigma Lithium, Brazil's largest lithium company with a market cap of ~C$2 billion and sits only 15km away at the closest point. 70% of the extensive tenement package remains to be explored, underscoring the potential as new pegmatite corridors continue to be uncovered. January exploration to date has identified a further 3 pegmatite trends covering a combined 3.8 km of strike to the north-east and northwest of Priority Target Area 1. This brings the total combined pegmatite trend inventory to 11 pegmatite trends with 90 individual pegmatites mapped over a combined strike length of 31km. To date, 19 old mining excavations have been identified and mapped by Spark's geological team. These areas are all focused on pegmatite occurrences ...