Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTCID: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to announce that further to its news release dated November 21, 2025, the Company has closed its previously announced non-brokered private placement (the "Private Placement") for gross proceeds of $500,000 through the issuance of 10,000,000 units of the Company ("Units").The Company further reports that the full amount of the Private Pla ...

Core Points - Spark Energy Minerals Inc. plans to complete a non-brokered private placement of up to $500,000 by offering up to 10,000,000 units at a price of $0.05 per unit [1][2] - Each unit will consist of one common share and one warrant to purchase an additional common share at a price of $0.06 for three years [2] - The net proceeds will fund the near-term drill program at the Arapaima Project in Brazil, with remaining funds allocated to general working capital [3][5] Company Overview - Spark Energy Minerals Inc. is focused on the exploration and development of critical minerals essential for the clean-energy transition, particularly in Brazil's Lithium Valley [5] - The Arapaima Project spans approximately 91,900 hectares and targets lithium and gallium-REE mineralization [5] - The company is committed to responsible exploration practices and aims to support Brazil's development of a sustainable critical-minerals supply chain [5]

Core Insights - Spark Energy Minerals Inc. has reported new assay results from its Arapaima Project in Brazil's Lithium Valley, highlighting significant lithium and gallium-rare earth element (REE) anomalies [1][4] Group 1: Lithium Anomalies - Three lithium anomalies exceeding 1,000 ppm Li have been defined from surface rock samples at the Cruzeta target [8] - The ongoing exploration work includes mapping, geochemical analysis, and sampling to support the definition of high-priority critical-mineral drill targets [1][3] Group 2: Gallium and REE Expansion - The total rare earth oxide (TREO) values from stream-sediment samples at the Caladão target returned above 10,000 ppm (1%), extending the anomalous footprint southward [8] - The company is finalizing logistics and permitting for drilling at the gallium-REE Caladão target, adjacent to recent ionic-clay gallium and REE discoveries [3] Group 3: Drilling Plans - Initial drilling will test the subsurface continuity of lithium-bearing pegmatites and gallium-REE mineralization zones identified through surface sampling and mapping [3] - The exploration team is preparing to advance its first subsurface testing program within the district, guided by ongoing geochemical interpretation and field mapping [3][4]

Core Insights - Spark Energy Minerals Inc. has made significant progress at its Arapaima Project in Brazil's Lithium Valley, confirming high-priority lithium and gallium-rare earth element (REE) drill targets through recent exploration work [2][5][6] Exploration Progress - The company is advancing logistics, surface access agreements, and permitting for aggressive diamond drilling at three lithium targets: Cruzeta, Água Branca, and Grota do Maquém, as well as air-core and/or reverse circulation drilling at the emerging gallium-REE Caladão Target [3][6] - Exploration activities have identified three high-priority lithium targets where lithium is strongly correlated with pathfinder elements such as cesium, tin, and rubidium, typical of fertile lithium-cesium-tantalum pegmatites [6][9] - Surface sampling has outlined a 4,500-hectare zone over the Caladão Granite with anomalous gallium and REE values, adjacent to Axel REE's recently reported discovery [9][29] Geochemical Analysis - Lithium shows a strong association with manganese and has been remobilized from primary sources, indicating potential for lithium mineralization at depth [7][11] - Recent rock-chip samples from the Cruzeta target have returned cesium values above 50 ppm, with some reaching 267 ppm, reinforcing the focus on these targets [17][19] - All three priority targets returned K/Rb ratios under 150, with Cruzeta showing a notably low ratio below 20, indicating strong lithium prospectivity [25][27] Future Plans - The exploration team is preparing logistics and permitting to begin drilling at priority lithium and rare earth targets, marking a transformative step toward unlocking the full potential of the Arapaima Project [33]

Core Insights - Spark Energy Minerals Inc. is accelerating exploration at its Arapaima Project in Brazil's Lithium Valley, focusing on lithium-rich pegmatites and drill targets [1][17] - The company plans to initiate its first diamond drilling program in Q3 2025, targeting Cruzeta, Córrego do Maquém, and Água Branca [14] Exploration Progress - Positive lithium assay results were released on June 20, 2025, with Cruzeta showing 3,712 ppm lithium-in-rock and Água Branca showing 118 ppm lithium in stream sediments, prompting increased geological efforts [2] - The Córrego do Maquém target has been identified as a key focus, with recent drone reconnaissance revealing openings from abandoned mining galleries for further investigation [4] Drilling Preparation - The company is refining drill collars and preparing for the upcoming drilling campaign, with significant progress in mapping pegmatite bodies at both Cruzeta and Córrego do Maquém [3][6] - Sediment sampling is ongoing to validate the broader target footprint, confirming persistent lithium pathfinders across key sub-basins [10] Future Outlook - The upcoming diamond drilling program represents a major milestone in unlocking the lithium and rare earth potential of the company's 91,900-hectare land package in Brazil [14][17]

Core Insights - Spark Energy Minerals Inc. has reported promising rare earth element (REE) surface sampling results from its Caladão Target within the Arapaima Project in Brazil, indicating significant potential for critical mineral resource exploration [1][4][22] Exploration Highlights - The Caladão Target encompasses approximately 4,000 hectares of exploration tenements, adjacent to Axel REE Limited's project, which is advancing its REE-Gallium discovery [4][10] - Surface sampling results include a peak value of 6,417 ppm Total Rare Earth Oxides (TREO) from 30 stream sediment samples, with 11 samples exceeding 1,000 ppm TREO [4][16] - Soil sampling results show a peak value of 3,041 ppm TREO from 36 samples, with 4 samples reporting values greater than 2,000 ppm TREO and 14 samples exceeding 1,000 ppm TREO [12][13] - Anomalous Gallium values were also reported, with a peak of 94.07 ppm Ga2O3 [13] Geological Context - The geological profile in the Caladão region includes a regolith profile up to 50 meters thick, comprising a ferruginous lateritic horizon rich in Aluminum and Gallium, and a clay-rich saprolite horizon enriched in REE [11][13] - The exploration results from Spark are comparable to those reported by Axel REE during their early exploration phases, reinforcing the potential of the Caladão Granite region as a hub for rare earth mineralization [4][22] Future Plans - Following the encouraging results, the company plans to accelerate its REE exploration activities and advance its lithium targets towards drill testing later in 2025 [18][19] - The company is evaluating follow-up exploration strategies, including auger and air core drilling to further delineate the REE and Gallium potential across the tenement package [19][21] Financial Position - The recent funding arrangement with Sorbie Capital enhances the company's financial position, supporting its dual focus on advancing lithium and REE exploration programs in Brazil [19][22]