Atlas Critical Minerals Files Technical Report Confirming High-Grade Rare Earths and Titanium Mineralization at Alto do Paranaiba Project

Core Insights - Atlas Critical Minerals Corporation has filed a Technical Report Summary (TRS) confirming high-grade rare earth and titanium mineralization at its Alto do Paranaíba Project in Brazil, with grades reaching up to 28,870 ppm Total Rare Earth Oxides (TREO) and 23.2% Titanium Dioxide (TiO2) across a 68,550-acre property [1][4][5] Project Overview - The Alto do Paranaíba Project consists of 16 mineral rights fully owned by the company, strategically located within the Mata da Corda Group formation, known for rare earth and titanium occurrences [2][5] - The geological exploration is organized into three blocks for logistical efficiency [2] Technical Report Highlights - The TRS includes results from 809 surface samples and initial drilling from 11 auger holes, indicating consistent high-grade mineralization across all blocks [4][5] - A comprehensive three-phase exploration program is recommended, involving 13,000 meters of drilling and various geophysical surveys [4][5] Geological Characteristics - The Mata da Corda formation is characterized by volcanoclastic rocks and titanium-rich minerals, enhancing the project's potential for mineralization [6] - The strong correlation between rare earth elements and titanium, along with the geological unit's responsiveness to magnetic surveys, supports effective targeting for future drilling [6] Strategic Advantages - The project benefits from near-surface mineralization, facilitating potential open-pit extraction, and has confirmed consistent grades across all tested mineral rights [5][6] - The location is supported by robust infrastructure, including access to power, water, and roads [5] Future Objectives - The company's goal is to rapidly issue a resource estimate and develop an integrated mine and processing plant for the beneficiation of rare earth oxides and titanium [7]