Spark Energy Minerals Inc. has intersected 91.4 g/t Ga2O3 over 2 metres within a broader 32-metre surface interval grading 73.9 g/t Ga2O3 at the Cruzeta target within its Arapaima Project in Brazil.

The latest assays from eleven reverse circulation holes bring the total number of reported holes at Cruzeta to 28 since drilling began in December 2025. Drilling has consistently encountered gallium mineralization from surface, followed by broad rare earth element intervals beneath. Standout rare earth intercepts include hole ARA-RC-021 with 32 metres at 1,947 ppm TREO from 42 metres, and ARA-RC-023 with 42 metres at 1,767 ppm TREO from 14 metres.

A systematic review of the complete 28-hole dataset also identified scandium across the target. Seven holes returned scandium intervals from surface, led by hole ARA-RC-021 with 30 metres at 21.5 g/t Ga2O3, including 26.1 g/t over 2 metres from 12 metres down-hole. Scandium is associated with the iron and titanium oxide fraction of the weathering profile carrying the gallium, rather than the clay fraction hosting the adsorbed rare earths. Spark intends to request a lower-detection-limit analytical method on retained sample pulps and add scandium to its ongoing metallurgical test work scope at ANSTO in Australia.

Spark expanded its multi-target follow-up program at Arapaima from a minimum 20 holes to 37 holes totaling 2,024 metres. Together with the five-hole maiden program, the company has completed 42 reverse circulation holes across the project. Within the surrounding district, Atlas Lithium was granted an expansion permit for its Neves project on 29 June 2026 to advance implementation under its definitive feasibility study.

“Cruzeta has progressed from a five-hole maiden program to a 28-hole target-scale dataset, and the mineralized sequence continues to repeat,” said Dr. Fernando Tallarico, Chief Executive Officer of Spark Energy Minerals Inc. “The 91.4 g/t gallium result and the identification of scandium sharpen our priorities: complete the ANSTO work, re-analyze scandium using a lower-detection-limit method and plan the infill drilling needed to support a future maiden mineral resource estimate.”

Spark is planning an infill drilling program at Cruzeta designed to support a future maiden mineral resource estimate.

Read the full announcement: Spark Intersects 91.4 g/t Ga2O3, Broad Rare Earth Mineralization and Newly Identified Scandium at Cruzeta