Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 71

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 71
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 from the Capacete Formation and the Patos Formation.</div>

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<div align='center'>Figure 10 – 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 11) 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 11). MREO levels are also
promising levels (Figure 12).

In general, the Patos and Capacete Formations appear in alternating layers with a very close distribution to each other (Figure 13). The Patos Formation presents varied textures: aphanitic, porphyritic (brown phenocrysts), with white amygdalae (zeolites?) and sometimes brecciated. In most cases, the volcanic rocks outcrop with advanced weathering, occurring in a friable state or even completely transformed into clay. The magnetism of these rocks, although present, is not as intense as in their sedimentary products. The Capacete Formation, for the most part, presents clast-supported conglomerates that vary between monomictic (only one type of clast) and polymictic, with a matrix composed of greenish clay and sometimes white in color. The clasts are predominantly composed of greenish aphanitic volcanic rocks and some brown and white mineral phases (Figure 14 and Figure 15).

<div align='center'>Figure 11 – Geological Map of Block 2 with location of profiles and best TREO and TiO 2contents.</div>

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<div align='center'>Figure 12 - Geology and MREO contents
for samples from Block 2, showing the lateral continuity