Company: JUPGF
Filing Date: 2025-08-11
Form Type: DRS/A
Source: 0001641172-25-022982
Chunk: 93

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-11
Form: DRS/A
Chunk 93
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 elevations of 945m to 1050m, with a lateritic cover, suggestive of alteration of the Mata da Corda, overlapping the formation from 1050m to 1100m (Figure 25). The volcanic rocks present magnetism, mostly with an aphanitic texture, locally porphyritic or with amygdalae. Volcanic breccias also occur. The Capacete conglomerate has strong magnetism, is mostly polymictic (clasts of various types) and supported by the matrix, composed of green or reddish clay (Figure 26).

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Detailed mapping observed intercalations of volcanic rock (“Patos Formation”) with sedimentary rock, with laterally restricted continuities. Sampling showed high levels of TREO and TiO 2in samples dispersed in the areas and at different topographic elevations. Significant levels of magnetic rare earths oxides (“MREO”) are also found in the areas (Figure 24).

<div align='center'>Figure 23 – Block 1 representative TREO and TiO 2sample grades.

Figure 24 –
Block 1 representative MREO sample grades.

Figure 25 – Block 1 stratigraphic profiles, showing thick layers of conglomerates from the Capacete Formation and the Patos Formation.</div>

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<div align='center'>Figure 26 – Conglomerates of the Capacete Formation in Block 1, clast-supported facies and matrix-supported facies.</div>

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Block 2

In the mineral rights of Block 2, the Mata da Corda Group occurs over a wide area (Figure 27) and with thicknesses of up to 80 meters, outcropping from 940m to 1020m, with layers of conglomerates of the Capacete Formation up to 25m thick intercalated with layers of volcanic rock of the Patos Formation (Profiles 2). The lateritic cover in block 2 reaches 50 meters and in some places presents imbricated clasts, systematic granulometric variation and “clasts” with preserved igneous textures (e.g. porphyritic), suggesting that the cover is the product of alteration of the Capacete Formation in these places.

Sampling showed high levels
of TREO and TiO distributed vertically and laterally along the Mata da Corda mapped in the areas (Figure 27). MREO
levels are also promising levels (Figure 28).

In