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Spark Reports Second Gallium-Rare Earth Discovery in Brazil's Lithium Valley, Led by Project-Record 114.3 g/t Ga2O3

NewsfileAug 27, 2026 · 9 days agoSPRK
Drill Results
Drill Intercepts ⛏
8/10114.3 g/t · 2m
Analyst Takeaways
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Vancouver, British Columbia--(Newsfile Corp. - August 27, 2026) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company") reports a project-record individual gallium assay of 114.3 g/t Ga₂O₃ over 2 m from surface in maiden drilling at the Boa Vista target. Boa Vista is located approximately 7-8 kilometres south of Cruzeta, the site of Spark's first gallium-rare earth discovery.Boa Vista Remains Open Laterally in All DirectionsThe limited maiden drill...
Frequently Asked Questions
What does a 114.3 g/t Ga₂O₃ grade mean for project economics?+
This is an exceptionally high-grade gallium intercept that substantially exceeds typical gallium deposit grades, potentially making near-surface extraction economically viable with lower mining costs.
Why is the second discovery significant?+
The proximity of Boa Vista to Cruzeta (7-8 km apart) suggests a larger district-scale gallium-rare earth system rather than isolated deposits, increasing the overall resource potential.
What does 'open laterally in all directions' mean?+
The mineralization has not been fully defined spatially, meaning drilling has not yet encountered the boundaries of the deposit, indicating room for expansion and additional drilling upside.
How does the surface location of this intercept matter?+
Near-surface mineralization significantly reduces stripping ratios and mining depth requirements, which typically lowers capital and operating costs for project development.
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Spark Reports Second Gallium-Rare Earth Discovery in Brazil's Lithium Valley, Led by Project-Record 114.3 g/t Ga2O3
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