Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 83

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 83
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 this phase is US$ 1,175,000.

● Our team which will be responsible for managing and supervising such field activities has an estimated cost of US$ 290,000.

● Metallurgical testing and the cost of preparing the Regulation S-K 1300 compliant technical report summary has an estimated cost of US$ 230,000.

● Contingencies and other small items have an estimated cost of US$ 90,000.

Totaling the above items, an estimated cost of US$ 1,861,000 is reached to obtain the data and generate the Regulation S-K 1300 compliant technical report summary.

In the third and final planned stage of the material property exploration plan, the focus will be on mineral rights 832.701/2024, 831.645/2024, and 831.643/2024, which are part of Block 2. These tenements are located in the southern portion of the block. The same exploration activities previously described will be implemented in this area, as outlined below:

● The work will begin with a geophysical magnetometric survey (drone MAG), aerophotogrammetry, and detailed topographic surveying using Lidar, with an estimated cost of US$ 71,000.

● In addition, the program will include a 4,100-meter drilling campaign, supported by the implementation of all necessary infrastructure for a complete sample management and quality control chain. This will encompass chemical analyses, proper sample storage in a dedicated facility, and the application of rigorous QA/QC protocols. The estimated cost for this phase is US$ 1,100,000.

● Our team which will be responsible for managing and supervising such field activities has an estimated cost of US$ 270,000.00.

● Metallurgical testing and the cost of preparing the S-K 1300 compliant technical report summary has an estimated cost of US$ 225,000.

● Contingencies and other small items have an estimated cost of US$ 80,000.

Totaling the above items, an estimated cost of US$ 1,746,000 is reached to obtain the data and generate the Regulation S-K 1300 compliant technical report summary.

<div align='center'>Figure 18 - Alto Paranaíba Project mineral rights.</div>

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For purposes of geological exploration, these mineral
rights have been divided into three blocks: (i) Block 1 – Carmo do Paranaíba; (ii)