Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 113

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 113
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 and technology
sectors. The challenges of addressing environmental impacts and ensuring responsible sourcing will be key to the future of quartzite
as a vital resource in the global economy.

Quartzite in Brazil

Brazil has significant potential for quartzite
production, leveraging its status as the largest global supplier of this highly sought-after natural stone. In 2023, Brazil accounted
for over 35% of the world’s quartzite supply, making it a critical player in the global market for this material, which is prized
for its aesthetic appeal and durability in construction and design applications. The country’s geological diversity, with
over 1,200 varieties of natural stones, enhances its competitive edge, particularly in the quartzite segment, which remains the most
popular choice among architects and designers.

The quartzite industry in Brazil is poised for
growth, driven by increasing demand in both domestic and international markets. In 2023, the Brazilian natural stone sector exported
approximately $1.11 billion, with quartzite being a significant contributor to this figure.

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Our Mineral Property – Quartzite

| Project   |     | Mineral      
 Right Number |     |               Area 
 (size in hectares) |     | Mineral   |     | Municipalities      |     | State,         
 Country        |
| Quartzite 
 Project   |     | 831.665/2016 |     |              94.44 |     | quartzite |     | Augusto             
 de Lima, Diamantina |     | Minas          
 Gerais, Brazil |

Mineral Right 831.665/2016

Current Status: Mining concession, the highest title of mineral property in Brazil.

Figure 48 – Map
of Mineral Right 831.665/2016.

Quartzite Project

Our Quartzite Project is in the rural zone of Conselheiro Mata, a district in the municipality of Diamantina (population: 47,702 according to 2022 census), in the state of Minas Gerais in Brazil.Diamantina offers all the basic infrastructure needs such as labor
and supplies. Belo Horizonte, the capital of Minas Gerais, and where we have our principal place of business, is 172 miles away.

| 98 |

In
2019, we made the discovery of a quartzite outcrop in one of our mineral rights while searching for gold.

In 2020, we studied the quartzite outcrop with rotary drilling in which we obtained a preliminary