Company: JUPGF
Filing Date: 2025-07-01
Form Type: DRS/A
Source: 0001641172-25-017223
Chunk: 59

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-07-01
Form: DRS/A
Chunk 59
---
 exploration minerals since Brazilian legislation    
 at the moment does not allow uranium to be formally listed as an exploration mineral.                                                   |
| ● | Copper:                                                                                                                                 
 7,156.06 hectares (~17,683 acres) in four mineral rights in Brazil in the state of Goiás, all in the phase of exploration               
 permit.                                                                                                                                 |
| ● | Nickel:                                                                                                                                 
 1,101.24 hectares (~2,721 acres) in one mineral right in Brazil in the state of Piauí, in the phase of exploration permit.              |

Other Minerals

We believe the growing demand for critical minerals needed for clean energy, defense, and high-tech applications present significant long-term opportunities. Our goal is to become a leading company supplying critical minerals. We are in the early stages of exploration of our critical mineral portfolio and are working to advance our understanding of its potential.

The various critical minerals in our portfolio have various important applications. Rare earth elements are crucial for permanent magnets used in electric motors and wind turbines, and for semiconductor and defense applications. Graphite is a key component in lithium-ion batteries, while titanium has applications in aerospace and medical technologies.

Our exploration activities to date have included geological mapping, geochemical sampling, geophysical surveys, and limited exploratory drilling to identify potential mineralized zones within a few of our mineral rights. As we advance our understanding of these critical mineral properties, we may conduct extensive exploratory programs including drilling campaigns to identify and quantify mineral resources. Our exploration programs follow the accepted guidelines under Regulation S-K 1300.

We aim to create value through continued exploration, resource delineation, and potential development of these assets over time. By maintaining a diverse portfolio of critical minerals projects, our objective is to seek to position us as a significant player in the global critical minerals supply chain.

| 39 |

The main technical studies carried
out on these mineral rights have included:

| Ø | First-Step                                                                                                                               
 Reconnaissance: Rapid geological reconnaissance performed targeting the main outcrops that occur in the area with identification         
 of geological units. Rock sampling is performed in parallel (chip sampling).                                                             |
| Ø | Detailed                                                                                                                                 
 Mapping: Semi-detailed geological mapping with identification and description of outcrops that represent the entire unit of interest     
 in the area. The base, thickness and continuity, or lateral variation of the layers are also identified. Focuses on identifying the      
 main facies and distribution of the Mata da Corda group. It is also accompanied by rock surface sampling (chip sampling).                |
|