Company: JUPGF
Filing Date: 2025-10-08
Form Type: F-1/A
Source: 0001493152-25-017439
Chunk: 87

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-10-08
Form: F-1/A
Chunk 87
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itic rock. The matrix 
 is composed of green mud                                                                                                    |
| SPJ-00139 |     | Volcanic                                                                                                                    
 rock with a greenish matrix and amygdales and vesicles filled with kaolinite                                                |
| SPJ-00140 |     | Reddish                                                                                                                     
 soil with clay-sized particles                                                                                              |
| SPJ-00141 |     | Reddish                                                                                                                     
 soil with clay-sized particles                                                                                              |
| SPJ-00142 |     | Reddish                                                                                                                     
 soil with clay-sized particles                                                                                              |

Table 18 – Mineral Right 831.643/2024 - Surface samples details. RCO: Recent Cover; KAM: Kamafugite; CON: Conglomerate.

Geological mapping and surface sampling have been executed; 19 surface samples were collected and confirmed mineralization for both rare earths and titanium.

Expected Costs for Planned 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.

| 65 |

Totaling the above items, an