The MRE is contained in the Technical Report Summary ("TRS") filed as Exhibit 96.1 to the Company's Report on Form 6-K filed with the Securities and Exchange Commission ("SEC") today.

The TRS, including the MRE, was prepared independently by SGS Canada Inc. ("SGS"), a well-respected mineral evaluation company with a global footprint, in accordance with Subpart 1300 of Regulation S-K ("S-K 1300"). The MRE covers only one of the Project's three contiguous mineral tenements and is reported at a 2.0% graphitic carbon ("Cg") cut-off grade:

Indicated: 17.2 million tonnes ("Mt") grading 5.73% Cg, containing approximately 986,000 tonnes of graphite.

Inferred: 7.0 Mt grading 5.40% Cg, containing approximately 378,000 tonnes of graphite.

Based on a review by the Company of publicly available technical disclosures for graphite projects in South America, Atlas Critical Minerals believes that the Project is the largest graphite resource in South America reported under a globally recognized mineral reporting code (S-K 1300, NI 43-101 or JORC), as measured by contained graphite, and that it has the highest Cg grade among such resources. The Project's Indicated grade of 5.73% Cg is also approximately 25% higher than the 4.6% Cg Measured and Indicated grade reported for Graphite Creek in Alaska - described by the U.S. Geological Survey as the largest known flake graphite deposit in the United States - at the same 2.0% Cg cut-off grade. The Project's Indicated grade is also nearly double the 2.91% Cg Inferred grade at the Kilbourne Graphite Project in New York, which is reported under NI 43-101 at a lower 1.5% Cg cut-off.

Key Highlights

Maiden Resource of Scale and Grade:

17.2 Mt Indicated at 5.73% Cg and 7.0 Mt Inferred at 5.40% Cg, for approximately 1.36 million tonnes of contained in-situ graphite across both categories from only one of three contiguous mineral rights.

The large initial Indicated resource for the Project provides a robust foundation for the planned Preliminary Economic Assessment.

100% Drill Success with Wide, Consistent Intercepts:

All 21 diamond core holes (2,393.90 meters) returned significant graphite intercepts.

Highlights include 43.10 meters at 6.20% Cg, 17.30 meters at 10.62% Cg, and 14.20 meters at 9.30% Cg starting from surface.

Near-Surface Mineralization Amenable to Open-Pit Mining:

SGS considers the deposit amenable to open-pit extraction.

More than half of the drill holes (11 of 21) intersected significant graphite within the first ~10 meters down-hole, including 26.20 meters at 7.51% Cg from 8.50 meters and 24.25 meters at 6.61% Cg from 8.80 meters.

Only ~2.5 km of an ~11-km Graphite Corridor Drilled:

The resource was defined along approximately 2.5 kilometers of strike.

Approximately 8.5 kilometers of potential mineralization remains along the trend, including on the Project's two other tenements.

SGS reports that the deposit remains open along strike and at depth.

Premium Product Credentials:

Concentrate obtained from Project samples along the ~11-km graphite corridor was previously sent to a well-respected laboratory in the United States that specializes in graphite for product specification studies.

As disclosed in a prior technical report summary filed with the SEC on November 12, 2025, the laboratory was able to qualify the concentrate for use not only in electric vehicle batteries but also in nuclear reactors, a qualification that requires meeting the industry's most stringent purity standard.