Company: JUPGF
Filing Date: 2025-08-11
Form Type: DRS/A
Source: 0001641172-25-022982
Chunk: 90

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-11
Form: DRS/A
Chunk 90
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 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>

| 66 |

For purposes of geological exploration, these mineral
rights have been divided into three blocks: (i) Block 1 – Carmo do Paranaíba; (ii) Block 2 – Patos de Minas; and (iii)
Block 3 – Tiros.

<div align='center'>Figure 19 - Alto Paranaíba Project mineral rights included in Block
1, Block 2, and Block 3.</div>

Exploration Activities

Our geology team, under the supervision of a Qualified Person under Regulation S-K 1300 for rare earths and titanium, has been performing several mineral research activities, including the following:

| ● | Compilation                                                                                   
 of public data: GIS database containing mainly lithologies, geophysics, public mapping data   
 and information from neighboring competitors, such as the base elevation of the Mata da Corda 
 Group. It also includes the ALOS PALSAR digital elevation model (12.5 m) for topography.      |

| ● | Estimation                                                                                
 of tonnage potential: Expedited cubing performed for the areas of greatest interest based 
 on public data. Density used 1.8 g/cm³. The result includes recent coverage that overlaps 
 the Mata da Corda Group.                                                                  |

| ● | First-Step                                                                                              
 Reconnaissance: Rapid geological reconnaissance performed targeting the main outcrops that occur in the 
 area and identification of units. Rock sampling is performed in parallel (chip sampling).               |

| ● | Detailed                                                                                       
 Mapping: Semi-detailed geological mapping with identification and description of