Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 97

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 97
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ite quarry production.</div>

Volume Estimation

Our Quartzite Project contains four main quartzite rocky bodies, which can be visually ascertained.The four rock masses delimited in the field stages were modelled using information on depth acquired from our drilling campaign. Their estimated volumes are listed in Table 2.

| Quartzite  
 Formations |     |   Estimated 
 Volume (m3) |
| Quartzite  
 Body 01    |     |     302,380 |
| Quartzite  
 Body 02    |     |     867,801 |
| Quartzite  
 Body 03    |     |     243,292 |
| Quartzite  
 Body 04    |     |      40,916 |
| Total      |     |   1,454,389 |

<div align='center'>Table 2 - Volumetric estimates of quartzite bodies in our mineral right.</div>

| 84 |

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 Mineral Properties – Gold

| 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,