Atlas Lithium's Subsidiary Reports Outstanding Rare Earth Mineralization Across Two Project Types

Core Insights - Atlas Lithium's subsidiary, Atlas Critical Minerals Corporation, has reported strong results from its diversified rare earth portfolio, establishing Brazil's most comprehensive rare earths project portfolio [1][6] Group 1: Project Highlights - The Iporá Project in Goiás State and the Alto do Paranaíba Project in Minas Gerais State have demonstrated the potential viability of two distinct rare earth deposit types [2] - The diversified approach reduces geological risk and offers varied metallurgical processing methods, enhancing development sequencing options [4] - High-grade drilling results include 8 meters at 2,071 ppm Total Rare Earths Oxide (TREO) and a peak interval of 3,822 ppm TREO [5] Group 2: Strategic Advantages - Both projects are strategically located in established mining regions, with the Iporá Project near Serra Verde, a rare earths mining and processing operation [7] - Atlas Critical Minerals controls over 218,000 hectares of critical mineral rights in Brazil, covering rare earths, titanium, graphite, and uranium [8] Group 3: Financial and Operational Overview - Atlas Lithium is focused on advancing its Neves Project, which has a Definitive Feasibility Study showing a 145% Internal Rate of Return (IRR) and a $539 million Net Present Value (NPV) [9]