Latest news with #OTCPink
Yahoo
41 minutes ago
- Business
- Yahoo
Spark Energy Minerals to Attend Lithium & Critical Mineral Summit in Brazil
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company") , is pleased to announce its participation as an Executive Dinner Sponsor and speaker in the 2nd Annual Lithium and Critical Mineral Summit in Belo Horizonte, Minas Gerais, Brazil. The Brazil Lithium & Critical Minerals Summit is a groundbreaking pioneer event taking place in Belo Horizonte on June 3rd - 5th 2025. Officially endorsed by Invest Minas, it stands as the exclusive platform in Brazil where the focus is on the burgeoning Lithium Valley. Gathering the most important industry players and international companies eyeing Brazil's lithium and critical mineral reserves, it'll be the sole platform offering direct engagement with the region's decision-makers. Following the overwhelming success of the inaugural summit which gathered over 350 industry leaders from 25+ countries, featured more than 50 distinguished speakers, 40+ sponsors and partners, and facilitated over 180 private business meetings between C-Level executives, the 2025 summit will feature an expanded agenda, bringing together key government officials, investors, mining executives, and industry leaders from around the world. Some notable attendees of this year's conference include Sigma Lithium, Pilbara Minerals, Lithium Ionic, European Investment Bank and Vale. Spark Energy Minerals' CEO and Chair, Eugene Hodgson, together with Vice President of Exploration and Director, Jon Hill, will attend the Summit to engage with industry participants and discuss the Company's flagship Arapaima Lithium and Rare Earth Elements (REE) Project. Mr. Hill is also scheduled to present on the morning of June 4, 2025, providing a valuable opportunity to showcase Spark's project to an industry wide audience. The Arapaima Lithium & REE project covers a combined land package of 919 km² and is a highly prospective early-stage exploration project with compelling lithium and REE potential. Highlights Identification of 123 individual pegmatite occurrences across 13 trends with a combined strike length of 31 km. Discovery of anomalous lithium values in rock chip samples (up to 1,397 ppm Li) and stream sediments (up to 191 ppm Li), as well as evolved pegmatites with K/Rb ratios as low as 23.84, potentially indicative of spodumene-rich LCT pegmatites. Promising REE mineralization in the Caladão Granite, with soil samples returning >3,000 ppm TREO and stream sediments >6,000 ppm TREO, adjacent to high-grade drill results reported by neighbouring company Axel REE Limited. Excellent access via sealed roads and proximity to established infrastructure and the producing Sigma Lithium mine, located just 15 km away. Figure 1: Arapaima Lithium and REE project tenements relative to neighbouring projects To view an enhanced version of this graphic, please visit: "This conference is a remarkable opportunity to showcase the transformative journey of the Arapaima Li & REE project," stated Eugene Hodgson, CEO & Director of Spark. "We look forward to engaging with other esteemed attendees throughout the conference in the hopes of finding synergies and driving further progress in the exceptional jurisdiction of Brazil." Corporate Appointment Spark Energy Minerals is pleased to welcome Bonn Smith as Vice President, Corporate Development, succeeding Aaron Wong. Mr. Smith brings over 15 years of capital markets expertise and senior leadership experience, most recently serving as President & CEO of GoldHaven Resources Corp. His appointment reflects Spark's ongoing commitment to advancing its strategic growth and investor engagement initiatives. The Company thanks Mr. Wong for his contributions and wishes him continued success in his future endeavours. Qualified Person The scientific and technical information disclosed in this document has been reviewed and approved by Jonathan Victor Hill BSc Hons, FAUSIMM, a Qualified Person consistent with NI 43-101 and a director of Spark Energy Minerals Inc. About Spark Energy Minerals Inc. Spark Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium & REE project spanning a combined 91,900 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. FOR ADDITIONAL INFORMATION, SEE THE COMPANY'S WEBSITE AT to info@ Eugene Hodgson, CEO, Tel. +1-778-744-0742 Forward-Looking Statement Disclaimer Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. In addition, it should be noted that rock, soil and stream sediment samples are inherently selective samples and may not represent the true underlying mineralization. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 hours ago
- Business
- Yahoo
Ehave Snaps Up AI Headhunter for $10M, Signaling Commitment to AI
AIHeadHunter Slashes Hiring Time by 85% and Costs by 70% — Ehave's Vision to Incubate Scalable Platforms Tackling Real-World Inefficiencies Comes to Life in a $700 Billion Industry Projected to Top $2 Trillion by 2033 MIAMI, June 03, 2025 (GLOBE NEWSWIRE) -- Ehave, Inc., (OTC Pink: EHVVF) (the 'Company') today announced the acquisition of AIHeadHunter, an artificial intelligence-powered recruitment platform, through an asset purchase agreement. The transaction marks a significant step in Ehave's strategic shift toward becoming a developer and operator of applied AI solutions. Under the terms of the agreement, Ehave acquired the assets of AIHeadHunter from Klizo Ventures Inc. The acquired assets include proprietary software, intellectual property, branding, domain names, and other related technologies and materials. The purchase price consists of $2.7 million in newly created Series A Convertible Preferred Stock and 100 million shares of common stock. The Preferred Stock is convertible into common shares at a rate determined by a volume-weighted average price formula and is subject to shareholder approval of an amendment to Ehave's articles of incorporation. As a result of the transaction, Klizo Ventures Inc. will own more than 5% of Ehave's outstanding shares and be considered an affiliate under applicable securities regulations. The agreement also includes performance-based earnouts of up to $7 million in additional Preferred Stock, tied to specific revenue and customer milestones. Ben Kaplan, CEO of Ehave, said, 'This acquisition positions us to capitalize on the tremendous opportunity in workforce automation and AI-driven recruitment. Our long-term vision is to incubate and scale platforms like AIHeadHunter that solve real-world inefficiencies.' Since its last public update on Dec. 31, 2024, Ehave has been operating intentionally under the radar while executing a strategic realignment. Behind the scenes, the company has been focused on structuring several game-changing transactions to accelerate its evolution into a data-driven technology platform. The acquisition of AIHeadHunter marks the first in a series of planned initiatives aimed at delivering intelligent, AI-powered solutions. As Ehave transitions into a company committed to transforming the way people live and work through artificial intelligence, it remains focused on developing practical, user-centric tools that turn raw data into meaningful insights. 'This is just the beginning,' Ben Kaplan continued. 'We are rebuilding Ehave from the inside out and our process is driven by intelligent systems designed to solve real, large-scale problems.' A video accompanying this announcement is available at: AIHeadHunter Targets Recruitment Inefficiencies The global staffing and recruiting market, valued between $619 billion and $757 billion in 2024, is projected to exceed $2 trillion by 2033, growing at a compound annual rate of approximately 13%. Yet despite its size, the industry remains burdened by inefficiencies: the average time to fill a position is 44 days, often surpassing 60 days for high-skill roles, and the average cost per hire is $4,700, excluding onboarding and ramp-up costs. According to Klizo Solutions analysis, recruiters still spend up to 70% of their week on manual sourcing and resume screening, while 60% of job seekers abandon applications when the process is too long or complex. With Gartner forecasting that over 40% of enterprise recruiting tasks will be fully automated by 2026, platforms like AIHeadHunter are well positioned to shorten fill times, cut sourcing costs, and capture meaningful share in a rapidly growing, multibillion-dollar market. AIHeadHunter is designed to streamline executive recruitment and talent sourcing through automation and advanced data analysis. The platform will be powered by technology licensed from Interview Screener, a backend AI interview and resume analysis platform built by Klizo Solutions founder Joey Ricard. Ehave has established a wholly owned subsidiary to operate AIHeadHunter, with Ricard appointed as president. Ricard brings more than a decade of experience in building scalable AI infrastructure for Fortune 500 companies and public agencies. Joey Ricard, founder of Klizo Solutions and President of Ehave's new AI subsidiary, said, 'The recruiting industry is overdue for intelligent automation. With AIHeadHunter, we're not just digitizing old processes—we're fundamentally rethinking how talent is discovered, qualified, and delivered. This platform is built to solve real bottlenecks for recruiters and hiring teams, and we're excited to bring it to market with Ehave.' "Joey is more than just a technologist—he's a proven product visionary and operator," Kaplan said. "He will lead roadmap development, integration and go-to-market strategy across our AI initiatives." Regulatory Progress and Market Expansion Ehave is currently compliant with the OTC Markets' new OTCID (OTC Issuer Data) requirements, ensuring enhanced transparency and reporting standards for investors. The company also plans to apply for uplisting to the OTCQB Venture Market, a designation that offers increased visibility and credibility with institutional and retail investors. Funding and Go-to-Market Plans Ehave intends to fund the new subsidiary using proceeds from a planned Regulation A offering, with an initial $1 million budget over 12 months. The company expects AIHeadHunter to launch its enterprise pilots and SaaS offering in the third quarter of 2025. About Ehave Inc. Ehave Inc. (OTC: EHVVF) is a data-focused technology company committed to transforming the way people live and work through artificial intelligence. With a mission to make data behave, Ehave develops practical, user-centric solutions that convert raw information into actionable insights. The company is focused on bridging the gap between cutting-edge AI advancements and their real-world applications, building tools that deliver tangible value for individuals and businesses alike. For more information, visit Follow Ehave, Inc. on X at Forward-Looking Statement Disclaimer This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company's research, manufacturing and other development efforts; (ii) the Company's ability to advance its products to successfully complete development and commercialization; (iii) the manufacturing, development, commercialization, and market acceptance of the Company's products; (iv) the lack of sufficient funding to finance the product development and business operations; (v) competitive companies and technologies within the Company's industry and introduction of competing products; (vi) the Company's ability to establish and maintain corporate collaborations; (vii) loss of key management personnel; (viii) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (ix) potential failure to comply with applicable health information privacy and security laws and other state and federal privacy and security laws; and (x) the difficulty of predicting actions of the USA FDA and its regulations. All forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement unless required by law. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is contained under the heading "Risk Factors" in Ehave, Inc.'s Registration Statement on Form F-1 filed with the Securities and Exchange Commission (SEC) on September 24, 2015, as amended, which is available on the SEC's website, For Media and Investor Relations, please contact: David L. Kugelman(866) 692-6847 Toll Free - U.S. & Canada(404) 281-8556 Mobile and WhatsAppEmail: Ir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 hours ago
- Business
- Yahoo
Hannan Indentifies Two New Zones of Gold Mineralization at Previsto and Expands the Footprint to 650 Metres Strike
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2025) - Hannan Metals Limited's (TSXV: HAN) (OTC Pink: HANNF) ("Hannan" or the "Company") is pleased to report recent mapping and channel sampling has significantly expanded the alkalic-type epithermal gold mineralization at Previsto by approximately 150 m to 200 m to 650 m of total strike length with multiple high-grade results. The mineralization, which remains open along strike, sits at the northern edge of a 4 km by 4 km soil gold anomaly (>0.1 g/t Au). These results, featuring both high-grade structures and broader mineralized zones, suggest similarities to globally significant alkalic epithermal gold deposits. Key Highlights: Coherent gold mineralization now extends over 650 m of strike length and up to 100 m width within a 4 km × 4 km gold-in-soil anomaly within the Previsto Alkalic Intrusive Complex (Figure 2). Zone extension of approximately 150 m to 200 m southward from the original area through identification of the "Southern Zone" (Figure 3) with 8 panel samples averaging 0.3 g/t Au and 3 g/t Ag. New parallel structures identified 80 m west (Western Zone, Figure 4) of original high-grade zone within the expanded zone, including: 21 m @ 0.46 g/t Au, 5.2 g/t Ag, including 3 m @ 1.87 g/t Au, 8.85 g/t Ag 21 m @ 0.26 g/t Au, 5.8 g/t Ag Individual high-grade veins up to 1.27 g/t Au, 17.6 g/t Ag Exceptional high-grade results from the central high-grade 100 m × 50 m area (previously reported) intersections include: 135.2 m @ 1.3 g/t Au, 9 g/t Ag, including: 3.0 m @ 12.7 g/t Au, 49 g/t Ag and 3.0 m @ 11.2 g/t Au, 53 g/t Ag 11.3 m @ 3.7 g/t Au, 18 g/t Ag including 1.7 m @ 23.4 g/t Au 2.3 m @ 18.8 g/t Au and 66 g/t Ag Maiden Drilling Program Continues at Belen: First-ever drilling commenced at Vista Alegre, with drill hole HDDVA001 completed at 184.6 m (Figures 3 to 5). Up to 5,000 m of diamond drilling across 18 holes, targeting three distinct mineral systems, are planned for Belen. Michael Hudson, CEO, states: "The expanded high-grade gold mineralization represents a significant milestone in our exploration of the Previsto project. Finding gold mineralization in bedrock over a 650 m strike builds substantial confidence in the scale of the system. We have identified multiple high-grade vein sets that demonstrate the exceptional potential of this area. What's particularly encouraging is the presence of these robust gold structures within broader halos of moderate-grade mineralization — a hallmark of globally significant alkalic epithermal systems. "Our field teams continue to expand the Previsto Central with each month of work, revealing new mineralized zones and extending known structures. We've scheduled more detailed sampling programs specifically designed to better define these high-grade structures within the broader envelope of gold mineralization. The combination of scale, grade, and geological setting at Previsto makes this one of the most exciting projects in Hannan's portfolio, and we look forward to advancing this promising target toward drill testing. "And not to be forgotten, drilling at Belen is now underway with our inaugural 5,000 m program across 18 diamond drill holes targeting three priority areas. At Vista Alegre, our first hole HDDVA001 has been completed at 184.6 m, testing a 600 m by 500 m high chargeability zone that coincides with strong gold-in-soil anomalies and surface mineralization grading up to 2.7 g/t Au and 44 g/t Ag. This represents the start of systematic drill testing across our 2.4 km long geophysical anomaly. Drillhole HDDVA002 is now underway. "Following Vista Alegre, we'll advance to Sortilegio's 1.2 km long alkalic porphyry system and then Ricardo Herrera's substantial 1,000 m by 250 m chargeability anomaly with outcropping porphyry-style copper-gold mineralization. With first assay results expected in July 2025, we're simultaneously advancing multiple significant scale targets across the emerging Valiente 150 km mineral belt where we hold first mover advantage. The combination of active drilling at Belen and the expanding Previsto project positions Hannan at an inflection point in demonstrating the true potential of Valiente." Technical Discussion Previsto Central Gold Mineralization Style Gold mineralization is hosted within a brecciated, calcareous K-feldspar porphyry of syenitic protolith, which locally contains large xenoliths of sedimentary rocks. The mineralization displays several key features: High-grade gold zones are associated with pervasive fine roscoelite (vanadium-rich potassic mica) and fine grey quartz veining with pyrite, occurring as both veinlets and stockwork. Alteration assemblages include manganese oxides replacing vein and breccia fill, suggesting that unweathered mineralization contained rhodochrosite, a manganese carbonate mineral typically found in low-sulfidation epithermal systems. Primary mineralization consists of 1% disseminated pyrite with trace chalcopyrite, pyrite veinlets, roscoelite veinlets, and fine jarosite veinlets (likely after pyrite). Preservation indicators include a 1.3 m wide zone containing crystal-lined irregular cavities, suggesting minimal erosion of the intrusive body and potential preservation of the complete epithermal system. The current structural interpretation suggests gold deposition was focused along late strike-slip faults where horizontal movement created extensional structures within a compressional regime (highlighted in Figure 4). Gold mineralization at Previsto Central occurs in four distinct settings High-Grade Vein Zones: Gold-rich roscoelite-adularia veins have been mapped over a 100 m × 50 m area within broader gold-anomalous rocks (>0.1 g/t Au). Initial mapping reveals a "Z"-shaped vein system indicative of dextral strike-slip movement. Peak gold grades occur in veins composed of dark green, fine-grained roscoelite and granular adularia, with both vertical and horizontal orientations documented. Moderate-Grade Stockwork Zones: Adularia/pyrite stockworks with brittle crackle textures typically yield assays of 0.1 to 1.0 g/t gold. Silver-Dominant Peripheral Zones: Distal portions of the system are characterized by silver-enriched quartz/adularia stockwork veins with <0.1 g/t gold. Copper-Enriched Zones: Distinct copper mineralization has been identified separate from the gold-mineralized channels, suggesting a metal zonation pattern. Gold-silver-tellurium mineralization predominates in upper elevations, while copper mineralization concentrates at lower elevations, consistent with a classic porphyry-epithermal transition. Emerging Clustered Epithermal - Porphyry Copper-Gold System Previsto represents both an extensive alkalic-type epithermal gold system and an emerging copper-gold porphyry district. Beyond the high-grade gold channels reported in this release, Hannan has defined a 4 km × 4 km gold-in-soil anomaly associated with two additional significant mineralized zones: 1. Porphyry Copper Zone: Located 1.3 km northwest of the gold mineralization, extensive channel sampling has identified consistent copper mineralization despite significant weathering and leaching, suggesting potential for higher grades in unweathered (hypogene) zones. Significant results from 768.7 m of channel sampling include: 48.0 m @ 0.12% Cu (CH15447) 107.0 m @ 0.09% Cu (CH15430) 126.0 m @ 0.22% Cu (CH14555) 192.0 m @ 0.17% Cu (CH15391) 2. Previsto East Target: Situated 2.6 km east of the reported gold mineralization, this 1,800 m × 400 m gold-copper porphyry-epithermal target features strongly anomalous gold in soils (up to 0.6 g/t Au) and mineralized boulders assaying up to 1.9 g/t Au. The spatial relationship between these mineralized zones suggests a district-scale hydrothermal system with classic porphyry-epithermal zoning patterns. This multi-faceted mineralization, spanning several km, is characteristic of major alkalic gold-copper districts globally. Maiden Drilling Program at Belen Belen is located 23 km SW of Previsto Central. The initial phase of drilling at Belen consists of up to 5,000 m across 18 diamond drill holes designed to test the three primary target areas at Belen (Figures 5 to 10): Vista Alegre (First Priority): The first drill holes will test distinct sections of the 2.4 km long geophysical anomaly targeting two zones. HDDVA001, completed at 184.6 m (Figures 3 to 5), targeted the central 600 m long and 500 m deep high chargeability-low resistivity zone coinciding with strong gold-in-soil anomaly (up to 0.12 ppm Au) and gold mineralization in boulders correlating with Au-Ag-Te-As and variable copper (up to 2.72 Au and 44 g/t Ag). Sortilegio (Second Priority): The next phase drilling will investigate the 1.2 km long chargeability anomaly within the alkalic porphyry system. Drillholes will target the source of extensive surface soil copper anomalies coinciding with hydrothermal gold anomalous quartz-gossan boulders with elevated Au-Mo-Te. The chargeability response consists of three alkalic Cu-Au targets identified within the 1.2 km long trend. Ricardo Herrera (Third Priority): The final set of planned drill holes will target the core of the substantial chargeability anomaly that extends over 1,000 m by 250 m with outcropping porphyry-style copper-gold mineralization showing moderate to strong phyllic alteration, with drill pads positioned strategically to test the lateral extent of the mineralized system. The drilling program is expected to take approximately 6 months to complete, with first assay results anticipated in July 2025. Hannan Metals is committed to legal compliance, community respect, and environmental stewardship, emphasizing that all operations only proceed with proper authorization from local populations and with required environmental and archaeological certifications. Key Characteristics of Alkalic Gold Systems The gold mineralization at Previsto displays classic characteristics of alkalic-type epithermal gold systems, which are globally recognized for forming significant high-grade deposits. Notable examples include: Porgera (Papua New Guinea): Regarded as one of the world's top ten producing gold mines with historic production of 16 million ounces of gold and almost 3 million ounces of silver. Cripple Creek (Colorado): Colorado's most prolific gold district with historic production exceeding 23 million ounces of gold. Alkalic gold deposits occur in diverse geological settings but typically form in localized extensional regimes associated with alkaline intrusive rocks. These systems are characterized by: Spatial association with high-K calc-alkaline to alkaline igneous rocks, commonly as diatremes or intrusive complexes. Distinctive geochemical signature with enrichment in Ag, V, Te, Fe, F, K, Ba, and Mo, and typically elevated Au:Ag ratios. Complex structural controls featuring multiple mineralizing events. Extensive vertical continuity that can exceed 1,000bm (as demonstrated at Cripple Creek and Porgera). Diagnostic alteration assemblages including carbonate minerals and roscoelite (vanadium-rich mica). About the Valiente Project The 100% owned Valiente project is in central eastern Peru, east of the city of Tingo Maria (Figures 1 and 2). The area is characterized by steep topography on the eastern flank of the Central Cordillera with elevations between 800 m and 2,000 m above sea level (a.s.l.). The project was found in 2021 during an extensive greenfields prospecting program initiated by Hannan for back-arc porphyry copper-gold systems. The Company has been actively prospecting on the project since 2021 and has successfully gained social permits progressively in all areas of interest. During 2021 Hannan staked and still holds 1,002 km2 of 100% owned mining concessions at Valiente covering unexplored terrain for potential mineralized porphyry targets in central eastern Peru. The Valiente Project has rapidly evolved from a greenfields prospect to a multi-prospect opportunity. Early surface prospecting identified two outcropping copper-gold porphyry targets and one epithermal target at Belen (see Press Release Feb 16, 2023). Porphyry areas quickly followed at Serrano Norte, Serrano and Pucacunga. The focus more recently has been on Previsto. At Previsto and Belen, a district-scale porphyry cluster within an area of 25 km by 10 km, with eight porphyry and/or epithermal targets now identified in more detail with up to 10 earlier stage targets awaiting further work. The Company is executing a multi-year strategy to systematically explore and drill test its extensive land package in this emerging Miocene-aged linked porphyry-epithermal mineral belt. Technical Background All samples were collected by Hannan geologists. Samples were transported to ALS in Lima via third party services using trackable parcels and by company staff. At the laboratory, rock samples were prepared and analyzed by standard methods. The sample preparation involved crushing 70% to less than 2 mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns. Samples were analyzed by method ME-MS61, a four-acid digest performed on 0.25g of the sample to quantitatively dissolve most geological materials. Analysis is via ICP-MS. Gold was analyzed in rock and soils by ALS in Lima using a standard sample preparation and 30g fire assay sample charge. Soil samples were analyzed by a portable XRF (VANTA-VMR) using an inhouse protocol which includes routine use of CRM and field duplicates as well as 10% check samples analyzed by ALS Lima. Channel samples are considered representative of the in-situ mineralization samples. At this stage true widths of mineralization are not known. Grab or panel samples are selective by nature and are unlikely to represent average grades on the property. About Hannan Metals Limited (TSXV: HAN) (OTC Pink: HANNF) Hannan Metals Limited is a natural resources and exploration company focused on the discovery of large gold and copper mineralizing systems in new frontiers. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Europe and Peru. Mr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as defined in National Instrument 43-101, has prepared, reviewed, verified and approved the technical contents of this news release. On behalf of the Board, "Michael Hudson" Michael Hudson, Chairman & CEO Further - 1090 West Georgia St., Vancouver, BC, V6E 3V7Mariana Bermudez, Corporate Secretary +1 (604) 685 9316, info@ Forward-Looking Statements. Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news. To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view an enhanced version of this graphic, please visit: To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Spark Energy Minerals Files NI 43-101 Technical Report for Arapaima Lithium & REE Project, Brazil and Provides Overview
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to announce the publication of its maiden NI 43-101 Technical Report for the Arapaima Lithium and Rare Earth Elements (REE) Project, located in the heart of Brazil's "Lithium Valley" in Minas Gerais, Brazil. Covering a vast contiguous land package of 919 km², the report confirms Arapaima as a highly prospective early-stage exploration project with compelling lithium and REE potential. Highlights Identification of 123 individual pegmatite occurrences across 13 trends with a combined strike length of 31 km. Discovery of anomalous lithium values in rock chip samples (up to 1,397 ppm Li) and stream sediments (up to 191 ppm Li), as well as evolved pegmatites with K/Rb ratios as low as 23.84, potentially indicative of spodumene-rich LCT pegmatites. Promising REE mineralization in the Caladão Granite, with soil samples returning >3,000 ppm TREO and stream sediments >6,000 ppm TREO, adjacent to high-grade drill results reported by neighbouring company Axel REE Limited. Excellent access via sealed roads and proximity to established infrastructure and the producing Sigma Lithium mine, located just 15 km away. "This technical report validates our exploration thesis and highlights Arapaima's position as one of the most exciting early-stage lithium and REE projects in the region," said Eugene Hodgson, CEO of Spark Energy Minerals. "We are committed to executing a systematic and focused exploration campaign to unlock its full potential." The full NI 43-101 Technical Report is available on SEDAR+ and the Company's website here. Arapaima Lithium and REE Project Overview Location The Arapaima project covers ~919 km² in northeastern Minas Gerais. It spans parts of the Araçuaí pegmatite belt, with nearby towns including Aracuaí, Teófilo Otoni, Itinga, Virgem da Lapa, Padre Paraiso and others. The project area is about 550 km (~8.5-hour drive) from Belo Horizonte via sealed highways BR-381 and BR-116. Air access is available to regional centers (an ~85 km drive to the project). The town of Padre Paraiso lies at the southern edge (the "gateway of the Lithium Valley") and serves as a field base. Padre Paraiso lies on a new high-voltage transmission line (Padre Paraiso-Governador Valadares 6) which will strengthen the regional grid. This will ensure reliable power for future operations. Figure 1: Arapaima Lithium and REE project - Access To view an enhanced version of this graphic, please visit: Project Ownership Spark owns 100% of the Arapaima package, comprising of 58 granted exploration licenses (ELs) plus 4 applications (total 62 licenses) covering roughly 919 km². Previously, the size of Arapaima had been report as 64,359-hectares however over the course of developing the technical report, the outlying tenements have been included as an all-encompassing project that stretches throughout the Lithium Valley and in close proximity to other notable projects, including Sigma Lithium, Lightning Minerals, Lithium Ionic, Axel REE, etc. Figure 2: Arapaima Lithium and REE project tenements relative to neighbouring projects To view an enhanced version of this graphic, please visit: Geology The project lies in the Eastern Brazilian Pegmatite Province (EBPP), a ~150,000 km² Paleoproterozoic-Neoproterozoic belt (mostly in eastern Minas Gerais) known for its lithium-cesium-tantalum (LCT) and gem pegmatites. Minas Gerais hosts ~90% of the EBPP; pegmatites here have been mined for gems and rare elements since colonial times. Arapaima falls within the Araçuaí pegmatite district ("Lithium Valley"), which includes major LCT-pegmatite fields at Itinga, Coronel Murta, Pedra Azul, Padre Paraiso, etc. Figure 3: Regional Geology (Source: Modified from Pedrosa-Soares et al. 2011) To view an enhanced version of this graphic, please visit: Mineralization Target mineralization is predominantly LCT-type granitic pegmatites (hosting lithium, cesium, tantalum, niobium, etc.) and rare-earth-oxide (REO) clay deposits developed by weathering of REE minerals. The field observations report pegmatites ranging from centimetres to ~200 m thick, often in swarms along 13 mapped trends (total ~31 km of strike). All exposed pegmatites are heavily weathered in the tropical climate; outcrops are quartz-tourmaline-feldspar-mica lodes with no intact spodumene visible at surface. As a result, surface samples typically return low Li (due to leaching of spodumene and lepidolite), even when the underlying rock may host economic lithium levels. Sahara notes that deeply weathered profiles can hide higher-grade spodumene zones at depth. Pathfinder geochemistry (stream sediments, soils, rock chips) shows characteristic ratios of fertile LCT-pegmatites: high K/Rb, strong Li-Nb correlation, and anomalous tin, tantalum, gallium, etc., with low Ta/Nb ratios (typical of spodumene-bearing pegmatites). These element associations will guide target selection. Spark's Exploration History Beginning November 2024, Spark engaged Avant Geofísica to reprocess regional magnetics/radiometrics and conduct satellite multispectral targeting. Concurrently, Spark conducted ground mapping and sampling. By early 2025, the field program had completed ~397 geochemical samples (stream sediment, soil, rock-chip). SEM geologists logged 401 outcrop observations and identified 123 pegmatite occurrences (13 trends) on the tenure. Four high-priority exploration targets (e.g. Grota do Maquém, Agua Branca, Cruzeta and Caladão) were defined for immediate follow-up. Figure 4: Arapaima Lithium and REE project advanced targets To view an enhanced version of this graphic, please visit: Lithium Targets The Cruzeta Target has produced the highest assays to date with 739ppm, 1,217ppm and 1,397ppm Li respectively. The K/Rb ratios for these three samples report as low as 23.84 to 36.42 pointing to the potential proximity of highly evolved Lithium, Cesium, Tantalum (LCT) pegmatites which are characterized by this ratio and the corresponding pathfinder elemental association. The Cruzeta Target along with Grota do Maquem and Agua Branca account for the identification of 123 individual pegmatite occurrences across 13 trends with a combined strike length of 31 km. Figure 5: Cruzeta Lithium Target and corresponding rock chip and stream sediment results (Source: Spark 43-101, March 2025) To view an enhanced version of this graphic, please visit: Rare Earth Element (REE) Potential Spark completed reconnaissance geological mapping over the Caladão Granite. Australian junior explorer Axel REE Limited (Axel) has reported significant Gallium and REE results within the Caladão Granite. Spark's tenements are contiguous with Axel's Caladão Project and has returned high-grade REE and gallium mineralization after completing a first phase drill program. Results include 49.92m @ 5,909ppm TREO with 1m @ 22,115ppm TREO. Initial soil and stream sediment samples collected by Sprak within their contiguous tenements have returned anomalous TREO results > 3000ppm in soils and > 6000ppm TREO in stream sediment samples. The figure below highlights Sparks results along with Axel's drilling results all hosted within the Caladão Granite. Figure 6: Caladão Target - REE Results from Axel drilling and Spark stream sediment and soil sampling (Source: Spark 43-101, March 2025) To view an enhanced version of this graphic, please visit: Qualified Person: The scientific and technical information disclosed in this document has been reviewed and approved by Beau Nicholls, BSc (Geo) FAIG, a Qualified Person consistent with NI 43-101 and the QP of Spark Energy's 43-101. About Spark Energy Minerals Inc. Spark Energy Minerals, Inc. is a Canadian company focused on acquiring, exploring, and developing battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium project spanning 64,359 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. FOR ADDITIONAL INFORMATION, SEE THE COMPANY'S WEBSITE AT to info@ Eugene Hodgson, CEO, Tel. +1-778-744-0742 Forward-Looking Statement Disclaimer Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. In addition, it should be noted that rock, soil and stream sediment samples are inherently selective samples and may not represent the true underlying mineralization. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. To view the source version of this press release, please visit
Associated Press
a day ago
- Business
- Associated Press
AITX's RAD Receives RIO(TM) Expansion Orders from Major Client
Latest Orders Part of Ongoing National Rollout of AI-Powered Security Solutions by Leading Logistics Provider Detroit, Michigan--(Newsfile Corp. - June 2, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the 'Company'), a global leader in AI-driven security and productivity solutions for enterprise clients, along with its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD), today announced that a major global logistics client has placed additional orders for multiple RIO 360 solar-powered security towers, each equipped with SARA ™ (Speaking Autonomous Responsive Agent), AITX's proprietary Agentic AI platform. These new deployments on the West Coast represent a continuation of the client's ongoing national expansion of RAD's security technology and software. [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: Artist's depiction of a RAD RIO 360 solar tower positioned outside a large distribution center. This latest order underscores the growing confidence major organizations have in RAD's solutions to address evolving security challenges at scale. By extending their deployment of RIO units across additional facilities, the client demonstrates a commitment to leveraging advanced AI and automation for greater site protection, operational efficiency, and standardized incident response nationwide. The RIO 360 units will be deployed at the client's distribution and logistics centers, where they serve as a reliable and cost-effective alternative to traditional manned security posts. Each unit is connected to SARA in the cloud, enabling real-time intelligent monitoring, automated voice talk-downs to deter suspicious activity, immediate notifications to security personnel, and comprehensive incident reporting. This seamless integration allows the RIO units to deliver consistent site monitoring and rapid response, helping the client strengthen facility security while optimizing operational resources. 'We are proud to support this client's nationwide growth with solutions that deliver proven results in challenging environments,' said Mark Folmer, CPP, PSP, President of RAD. 'Their continued adoption of RIO and SARA highlights the value and impact that AI-driven security can bring to complex logistics operations. We look forward to helping more organizations realize similar benefits as they modernize their security strategies.' SARA's growing adoption across a variety of industries and sectors reflects a broader shift toward AI-powered, autonomous security solutions. With each new deployment, SARA further establishes its role as an essential technology for organizations seeking to automate routine monitoring, accelerate incident response, and maintain consistency across multiple sites. The momentum seen in this rollout signals increasing demand for intelligent security platforms that deliver reliable performance in real-world environments. Sitting atop a standard RIO 360 configuration are dual ROSA™ units. ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be installed and activated in about 15 minutes. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's high-resolution, full-color, always-on cameras. RAD has published six Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at retail centers, hospital campuses, multi-family communities, car rental locations and construction sites across the country. AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry 1 through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. About Artificial Intelligence Technology Solutions (AITX) AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit and or follow Steve Reinharz on X @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the 'Company'). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. ### Steve Reinharz 949-636-7060 @SteveReinharz 1 To view the source version of this press release, please visit
