Company: JUPGF
Filing Date: 2025-12-08
Form Type: F-1/A
Source: 0001493152-25-026653
Chunk: 126

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-12-08
Form: F-1/A
Chunk 126
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 is currently paused while we undergo modifications to our operations to address certain identified issues. The primary issue to be resolved is the adoption of an updated drainage plan for the quarry. We have retained an engineering firm to prepare an updated drainage plan for a cost of approximately $2,320, and expect to resume operations by year end 2025.

Exploration Plan:

As the date of this prospectus, there is no plan for further geological exploration of the mineral right encompassing the Quartzite Project.

| 99 |

Gold

Overview

Currently it is estimated
that, of the gold being produced, 50% is used in jewelry, 40% in investments, and 10% in industry. Brazil has been a gold producer for
over 200 years. According to the World Gold Council, in 2023, Brazil produced 87 tons of gold and was the 14 largest gold
producer country. Minas Gerais was the largest gold producing state in the country, accounting for around 30% of the gold output that
year according to Statista, a market intelligence firm.

Our gold mineral rights
are listed below, and those which we consider material are further described below. A further description of the Company’s immaterial
gold mineral rights, including maps showing the locations, is attached as Exhibit 99.1 to this registration statement of which this prospectus
forms a part.

| Project          |     | Mineral      
 Right Number |     |               Area 
 (size in hectares) |     | Mineral |     | Municipalities                   |     | State,                
 Country               |
| Alpha            
 Project          |     | 831.942/2016 |     |           1,883.01 |     | gold    |     | Dionisio,                        
 Marlieria, Sao Domingos do Prata |     | Minas                 
 Gerais, Brazil        |
| Alpha            
 Project          |     | 831.140/2019 |     |           1,859.51 |     | gold    |     | Marlieria,                       
 Sao Domingos do Prata            |     | Minas                 
 Gerais, Brazil        |
| Alpha            
 Project          |     | 831.141/2019 |     |             777.94 |     | gold    |     | Antonio                          
 Dias, Sao Domingos do Prata      |     | Minas                 
 Gerais, Brazil        |
| Alpha            
 Project          |     | 831.142/2019 |     |