VANCOUVER, British Columbia / ACCESSWIRE / January 16, 2023 / Spark Energy Minerals Inc. (“Spark” or the “Company”) (CSE: EMIN) (Frankfurt: M1N) (OTC PINK: MTEHF), announced that its JV partner, Foxfire Metals Pty Ltd (“Foxfire”), has completed a geochemical survey and mapping program for three lithium and rare earth licenses held in the state of Minas Gerais, just 38 kilometers southeast. Announced. sigma lithium (TSX-V: SGML).
Current geochemistry and mapping confirm pegmatites and older mechanisms. Assay result test for LCT pegmatite is expected in 1st Quarter of 2023.
This program will be completed in late December 2022. Collected soil and rock chip samples were delivered to his independent SGS laboratory in Brazil.
Background:
Spark has acquired a 75% interest in eight Brazilian exploration licenses (the ‘Brazilian Portfolio’). Six of them are lithium, two rare earth elements (“REE”) (“Brazilian Portfolio”).
The Brazilian portfolio totals 12,315 hectares of highly promising lithium and REE exploration licenses in Minas Gerais and Bahia for lithium and Goas for REE. Brazil, now recognized as one of the world’s leading producers of high-grade lithium, has recently been awarded by a Tesla supplier who secured an offtake agreement with Brazil’s Sigma Mineração SA (Sigma), a subsidiary of Sigma Lithium Corporation. Confirmed.
Figure 2. Location map of Spark’s Minas Gerais Lithium and Rare Earth License. The dotted line shows the distance from Spark’s license to Lithium Ionic (TSX-V: LTH) and SGML, mining operations of state-owned Companhia Brasileira de Litio. Recent discoveries in the same well-known lithium fields and pegmatite regions of Minas Gerais were also made by Latin Resources (ASX).
highlight: The exploration program began in late December 2022 and confirmed pegmatites in the licensed area. Older work was also identified where pegmatite was mined, but it is not known if this mining was for lithium.Rock fragments and soil samples were transferred to his SGS laboratory in Brazil, where the 2023 Results are expected in the first quarter.
Older work on Minas Gerais and surface exposures of Pegmatiti have been identified.
TECHNICAL INFORMATION CONTAINED IN THIS NEWS RELEASE IS A Qualified Person as defined in National Instrument 43-101, Member of MAusIMM, Technical Director of Foxfire Metals Pty Ltd.
About Spark Energy Minerals
Spark Energy Minerals, Inc. is a Canadian company seeking battery metals and minerals assets with newly acquired interests in Brazil and Canada. The Company Acquires Assets in the World’s Richest Mining Jurisdiction, Brazil’s Growing Lithium and State, and Canada’s Newfoundland Region, Recognized as a Global Hotspot for Lithium and Rare Earth Mineral Exploration .
For more information, visit the company’s website at:
https://sparkenergyminerals.com
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Contact: Peter Wilson, CEO, Phone. +1-604-649-0945
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For more information about the company, please visit our company profile at www.SEDAR.com.
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