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Spark Hits 3,712 ppm Lithium at Cruzeta, 118 ppm at Agua Branca; Advances Drill Planning in Brazil's Lithium Valley

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Spark Energy Minerals (SPARF) has reported promising exploration results from its Arapaima Project in Brazil's Lithium Valley. The company achieved its highest lithium-in-rock result of 3,712 ppm at the Cruzeta target, along with significant pathfinder elements indicating evolved LCT pegmatites. At the Agua Branca target, stream sediment sampling yielded 118 ppm lithium. The exploration program, which began in November 2024, includes three priority lithium targets: Cruzeta, Agua Branca, and Grota do Maquem. The company is advancing toward diamond drilling planned for Q3 2025. Additionally, Spark has granted 500,000 stock options to officers and consultants, with 300,000 options going to company insiders, exercisable at $0.10 for two years.
Spark Energy Minerals (SPARF) ha riportato risultati promettenti dall'esplorazione del suo progetto Arapaima nella Lithium Valley in Brasile. L'azienda ha raggiunto il valore più alto di litio nella roccia, pari a 3.712 ppm, presso l'obiettivo Cruzeta, insieme a elementi indicatori significativi che suggeriscono la presenza di pegmatiti LCT evolute. All'obiettivo Agua Branca, il campionamento di sedimenti fluviali ha evidenziato 118 ppm di litio. Il programma di esplorazione, iniziato a novembre 2024, comprende tre obiettivi prioritari per il litio: Cruzeta, Agua Branca e Grota do Maquem. L'azienda sta procedendo verso la perforazione diamantata prevista per il terzo trimestre del 2025. Inoltre, Spark ha concesso 500.000 stock option a dirigenti e consulenti, di cui 300.000 riservate agli insider della società, esercitabili a 0,10 dollari per due anni.
Spark Energy Minerals (SPARF) ha reportado resultados prometedores en la exploración de su Proyecto Arapaima en el Valle del Litio de Brasil. La compañía logró su resultado más alto de litio en roca, con 3.712 ppm, en el objetivo Cruzeta, junto con elementos indicativos significativos que señalan pegmatitas LCT evolucionadas. En el objetivo Agua Branca, el muestreo de sedimentos de corriente arrojó 118 ppm de litio. El programa de exploración, iniciado en noviembre de 2024, incluye tres objetivos prioritarios de litio: Cruzeta, Agua Branca y Grota do Maquem. La empresa avanza hacia la perforación diamantina prevista para el tercer trimestre de 2025. Además, Spark ha otorgado 500.000 opciones sobre acciones a directivos y consultores, con 300.000 opciones asignadas a insiders de la compañía, ejercitables a $0.10 durante dos años.
Spark Energy Minerals(SPARF)는 브라질 리튬 밸리의 Arapaima 프로젝트에서 유망한 탐사 결과를 보고했습니다. 회사는 Cruzeta 지점에서 암석 내 리튬 최고 수치인 3,712 ppm을 기록했으며, 진화된 LCT 페그마타이트를 나타내는 중요한 탐사 지표 원소들도 확인했습니다. Agua Branca 지점에서는 하천 퇴적물 샘플링을 통해 118 ppm의 리튬이 검출되었습니다. 2024년 11월에 시작된 탐사 프로그램은 Cruzeta, Agua Branca, Grota do Maquem 세 곳의 우선 리튬 목표 지점을 포함합니다. 회사는 2025년 3분기 예정인 다이아몬드 시추 작업을 진행 중입니다. 또한 Spark는 임원 및 컨설턴트에게 50만 주의 스톡옵션을 부여했으며, 그중 30만 주는 내부자에게 할당되어 2년간 주당 0.10달러에 행사할 수 있습니다.
Spark Energy Minerals (SPARF) a annoncé des résultats prometteurs dans l'exploration de son projet Arapaima, situé dans la Lithium Valley au Brésil. La société a obtenu son taux le plus élevé de lithium dans la roche, à 3 712 ppm, sur la cible Cruzeta, ainsi que des éléments indicateurs significatifs suggérant la présence de pegmatites LCT évoluées. Sur la cible Agua Branca, l'échantillonnage des sédiments de cours d'eau a révélé 118 ppm de lithium. Le programme d'exploration, débuté en novembre 2024, comprend trois cibles prioritaires en lithium : Cruzeta, Agua Branca et Grota do Maquem. La société progresse vers un forage diamant prévu au troisième trimestre 2025. Par ailleurs, Spark a attribué 500 000 options d'achat d'actions à des dirigeants et consultants, dont 300 000 à des initiés de la société, exerçables à 0,10 $ sur deux ans.
Spark Energy Minerals (SPARF) hat vielversprechende Explorationsergebnisse von seinem Arapaima-Projekt im Lithium-Tal Brasiliens gemeldet. Das Unternehmen erzielte am Zielgebiet Cruzeta den höchsten Lithium-in-Gestein-Wert von 3.712 ppm sowie bedeutende Spurenelemente, die auf entwickelte LCT-Pegmatite hinweisen. Am Ziel Agua Branca ergab die Probenahme von Flusssedimenten 118 ppm Lithium. Das im November 2024 gestartete Explorationsprogramm umfasst drei prioritäre Lithium-Zielgebiete: Cruzeta, Agua Branca und Grota do Maquem. Das Unternehmen arbeitet auf eine Diamantkernbohrung hin, die für das dritte Quartal 2025 geplant ist. Zusätzlich hat Spark 500.000 Aktienoptionen an Führungskräfte und Berater vergeben, davon 300.000 Optionen an Insider des Unternehmens, ausübbar zu 0,10 USD für zwei Jahre.
Positive
  • Highest lithium-in-rock result to date of 3,712 ppm at Cruzeta target
  • Strong pathfinder elements present including tin (372 ppm), niobium (559 ppm), and tantalum (87 ppm)
  • Favorable K/Rb ratios below 150, indicating highly evolved LCT pegmatites
  • Advancing toward diamond drilling in Q3 2025
Negative
  • Results are from early-stage exploration and may not represent true grade or mineralization extent
  • Stock options grant of 500,000 shares could lead to minor dilution

Vancouver, British Columbia--(Newsfile Corp. - June 20, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to provide an update on ongoing exploration at its flagship Arapaima Project in Brazil's Lithium Valley.

Positive assay results from 16 rock-chip and 46 stream-sediment samples, recently received from SGS Laboratories in Belo Horizonte, reinforce Spark Energy's focus on advancing its three priority lithium targets-Cruzeta, Água Branca, and Grota do Maquém-toward diamond drilling in Q3 2025. The Company is also progressing its emerging REE target at Caladão.

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Figure 1. Location of Spark Energy Minerals Arapaima Project Tenements in Brazil's Lithium Valley relative to competitor areas (left) and the location of the Company's priority lithium and REE targets (right image).

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"These results further validate the strong lithium potential of our Arapaima Project," commented Spark's CEO, Eugene Hodgson. "The 3,712 ppm lithium-in-rock result at Cruzeta is our highest to date, supported by key pathfinder elements indicative of evolved LCT pegmatites. The 118 ppm lithium in stream sediments at Água Branca further underscores the district-scale opportunity.

"With diamond drilling planned for Q3 2025, we are accelerating target refinement. Brazil's Lithium Valley is quickly emerging as a globally significant jurisdiction for critical minerals, and Spark is well-positioned at the forefront of this discovery phase."

Cruzeta Target Rock-Chip Results

Spark Energy reports encouraging reconnaissance rock-chip sample results for 16 samples collected from pegmatite exposures at its newly identified Cruzeta Target with highly anomalous Lithium values (peak value of 3,712 ppm lithium). This is the highest individual lithium rock-chip result reported since the field program began in November 2024. Readers are cautioned that rock-chip samples are selective by nature and may not represent the true grade or extent of mineralization on the property.

The Cruzeta pegmatites are also highly anomalous in tin (peak 372 ppm Sn), niobium (peak 559 ppm Nb), tantalum (peak 87 ppm Ta), gallium (peak 158 ppm Ga), scandium (peak 83ppm Sc), cesium (peak 267 ppm Cs) and beryllium (peak 8 ppm Be). Importantly, samples report potassium/rubidium (K/Rb) ratios as low as 13, indicating highly evolved LCT pegmatites typically associated with lithium fertility.*

*The K/Rb ratio is a well-established geochemical indicator used to identify and prioritize fractionated pegmatites with high lithium potential. Ratios below 150 are considered particularly favourable.

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Table 1. Rock-chip analytical results for 16 recently reported samples from Cruzeta for lithium and important pathfinder elements and potassium/rubidium (K/ Rb) ratios.

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Figure 2. Location of highly anomalous rock-chip samples within Spark's priority Cruzeta target.

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Água Branca Target - Stream Sediment Sampling Results

Stream sediment results from the priority Água Branca target continue to show promise, with a peak sub-basin value of 118 ppm lithium. This result is consistent with previously reported anomalous values and reinforces the broader prospectivity of the area (see NI 43-101 technical report on SEDAR+).

Readers are cautioned that stream sediment survey results are preliminary in nature and are part of an early-stage exploration program. These results are not conclusive evidence of the likelihood of a mineral deposit and do not guarantee future discoveries.

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Figure 3. Location of latest lithium (118 ppm Li) and pathfinder element anomalous stream sediment sub-basin within Spark's Priority Água Branca Target Area.

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Table 2. Tabulation of lithium and pathfinder element stream sediment analysis results for 46 samples. All samples were submitted to SGS Geosol Laboratories in Belo Horizonte, Brazil, for analysis. Samples were prepared and analyzed using ICP-MS following lithium borate fusion. The typical sample weight was 0.5 to 1.0 kg. SGS is an independent, ISO/IEC 17025-certified laboratory, with no known relationship to Spark Energy Minerals.

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Advancing Toward Q3 Diamond Drilling

Spark's geological team is currently focusing on the detailed mapping and sampling required to refine targets for diamond drill testing within the footprint of the three priority targets currently in the Company's portfolio.

Options Grant

Additionally, Spark Energy Minerals is pleased to announce it has granted an aggregate of 500,000 stock options (the “Options”) to certain officers and consultants to the Company. The grant includes 300,000 Options to insiders of the Company. Each Option is exercisable to purchase one common share in the capital of the Company at a price of $0.10 for a period of two years from the date of issue. The Options vest immediately and are subject to a statutory hold period of four months plus one day.

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. Mr. Hill is a Director of Spark Energy Minerals Inc. and is not independent of the Company.

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 & REE project spanning a combined 91,900 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.co
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.

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FAQ

What are the latest lithium exploration results for Spark Energy Minerals (SPARF)?

Spark reported its highest lithium-in-rock result of 3,712 ppm at the Cruzeta target and 118 ppm lithium in stream sediments at Agua Branca target in Brazil's Lithium Valley.

When does Spark Energy Minerals (SPARF) plan to begin diamond drilling at Arapaima Project?

Spark Energy Minerals plans to begin diamond drilling in Q3 2025 at its Arapaima Project.

What are the three priority lithium targets for Spark Energy Minerals in Brazil?

Spark's three priority lithium targets are Cruzeta, Agua Branca, and Grota do Maquem within the Arapaima Project.

What stock options did Spark Energy Minerals recently grant?

Spark granted 500,000 stock options to officers and consultants, including 300,000 to insiders, exercisable at $0.10 for two years.

What pathfinder elements were found at Spark's Cruzeta target?

The Cruzeta target showed anomalous levels of tin (372 ppm), niobium (559 ppm), tantalum (87 ppm), gallium (158 ppm), scandium (83 ppm), cesium (267 ppm), and beryllium (8 ppm).
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