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A Discovery Story

Rare Earths and Galliumin Brazil's Lithium Valley

Spark is advancing Arapaima in Minas Gerais, Brazil, where drilling has reported rare earth mineralization and gallium from surface.

42 Holes Drilled

Follow-up and maiden
programs project-wide

28 Holes Reported

Cruzeta target-scale
drill dataset

12,039 ppm TREO

Highest individual TREO sample
1.20% TREO over 2 m

91.4 g/t Ga₂O₃

Peak gallium grade
in an individual 2 m sample

28-Hole Cruzeta Highlights

Results Across the 28
Reported Cruzeta Holes

Across 28 reported RC holes at Cruzeta, drilling has consistently encountered gallium mineralization from surface followed by broad rare earth mineralization below. A review of the complete dataset has also identified scandium, including seven holes with scandium intervals from surface.

Cruzeta follow-up RC drill program map showing assay-result, pending, first-program and planned drill holes with selected August 13, 2026 assay highlights
Figure 1. Cruzeta follow-up RC drill-program map showing assay-result, assay-pending, first-program and planned holes, with selected gallium and rare earth assay highlights. Source: Spark news release, August 13, 2026.

32 m from surface at 73.9 g/t Ga₂O₃

ARA-RC-021 composite, including 91.4 g/t Ga₂O₃ over 2 m.

14 m at 3,125 ppm TREO

ARA-RC-011 from 44 m, including 2 m at 12,039 ppm TREO (1.20% TREO).

30 m from surface at 21.5 g/t Sc₂O₃

Best scandium composite; one of seven holes with scandium intervals from surface.

Read the full results

Key Observations

Reported Mineralization and Interpreted Footprint

28 holes

Dataset

Cruzeta has progressed from a five-hole maiden program to a reported target-scale dataset.

Sc + Ga

Surface Horizon

Seven holes returned scandium intervals from surface, associated with the iron and titanium oxide fraction that carries gallium.

Ga → REE

Zonation

In reported drilling, near-surface gallium mineralization transitions at depth into a broader rare earth-bearing pattern.

Technical disclosure: grades are in-situ analytical assay results only; no metallurgical recovery is implied. No mineral resource estimate has been established at Arapaima. Reported intervals are downhole widths; true widths are unknown and may differ materially. References to footprint, trend and zonation reflect the Company’s current geological interpretation and do not imply continuous mineralization.

Brazil projects

Arapaima Anchors Spark’s Brazil Portfolio.

Arapaima spans approximately 91,900 hectares and hosts multiple targets for gallium, scandium, rare earth and lithium mineralization. The earlier-stage Solonópole and Currais Novos projects provide additional Brazilian critical-minerals exposure.

View all project details

Flagship · active exploration

Arapaima

Minas Gerais · Lithium Valley

~91,900 ha

Gallium + scandium + rare earths + lithium

Earlier-stage project

02

Solonópole

Ceará · Brazil

~30,400 ha

Earlier-stage project

03

Currais Novos

Rio Grande do Norte · Brazil

~11,700 ha