Company: JUPGF
Filing Date: 2025-07-25
Form Type: DRS/A
Source: 0001641172-25-021053
Chunk: 84

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-07-25
Form: DRS/A
Chunk 84
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 Exploration

Phase 1

For the next phase of exploration, the work has been planned to seek synergies among the mineral rights areas, enabling proximity assessments and shared use of resources such as management teams, field supervision, and the necessary infrastructure to carry out the activities, as well as for service providers. The implementation will be divided into three phases.

In this first phase, the next steps will address mineral rights numbers 832.699/2024 and 832.698/2024, which are part of Block 1. The planned activities are described 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$ 65,000.

● In addition, the program will include a 4,000-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$ 960,000.

● Our team which will be responsible for managing and supervising field such activities has an estimated cost of US$ 235,000.00.

● Metallurgical testing and the cost of preparing the Regulation S-K 1300 compliant technical report summary has an estimated cost of US$ 210,000.

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

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Totaling the above items, an estimated cost of US$ 1,550,000 is reached to obtain the data and generate a Regulation S-K 1300 compliant technical report summary.

The second phase will subsequently focus on mineral rights 832.704/2024, 832.703/2024, and 832.702/2024, all of them part of Block 2. Located in the northernmost portion of the project area, these tenements will undergo the same set of activities previously described, as detailed 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$ 76,000.

● In addition, the program will include a 4,900-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