Company: JUPGF
Filing Date: 2025-11-12
Form Type: F-1/A
Source: 0001493152-25-021911
Chunk: 119

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-11-12
Form: F-1/A
Chunk 119
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 geological formation, but three iron mineralized lithologies were defined, thus characterizing the deposit: colluvial coverage, friable itabirite and semi-compact itabirite.

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<div align='center'>Figure 44 - Mineral right limits and researched area.</div>

Working under Regulation S-K 1300 standards, during the first and second quarters of 2021, detailed drilling and trenching was carried out in approximately 10% of the mineral right encompassing the Rio Piracicaba Project.

Field activities started in March 2021 and drilling began in April 2021, when 11 diamond drill holes were drilled with drill core recovery, totaling 384 m. During this work, 19 pits were excavated either manually or mechanically with a backhoe loader, totaling 60 m. 27 hectares were also mapped in detail. The diamond drilling generated 55 samples and the sampling of the test pits, 15 samples, all analyzed in four granulometric ranges. During this geological exploration work, 48 density measurements of different lithotypes were made.

<div align='center'>Figure 45 - Drill Core FRP 03</div>

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<div align='center'>Figure 46 - Geological map within the outline of our mineral right.</div>

A Technical Report Summary of the Rio Piracicaba Project (the “Rio Piracicaba TRS”) prepared in accordance with Regulation S-K 1300 is an exhibit to this Registration Statement.

We have full and titled ownership of the mineral right in which the Rio Piracicaba Project is being developed and 100% ownership of such project. A summary table for each class of mineral resource (measured, indicated, and inferred) as found in the Rio Piracicaba TRS is also included below:

|                          | Measured         
 Mineral Resource |   |     |       |   |     | Indicated        
 Mineral Resource |           |     |          | Inferred         
 Mineral Resource |           |     |          |       |
|                          | Amount           
 (tons)           |   |     | Grade |   |     | Amount           
 (tons)           |           |     |    Grade 
 (% iron) | Amount           
 (tons)           |           |     | Grade    
 (% iron) |       |
| Iron                     
 - Rio Piracicaba Project |                  | - |     |       | - |     |                  | 2,768,046 |     |    33.62 |                  | 5