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Yahoo
3 days ago
- Business
- Yahoo
Atlas Critical Minerals Reports Strong Initial Graphite Recovery of 96.6% in Its Minas Gerais Project
Belo Horizonte, Brazil--(Newsfile Corp. - July 22, 2025) - Atlas Critical Minerals Corporation (OTCQB: JUPGF) ("Atlas Critical Minerals" or the "Company") is pleased to report that initial processing and analytical characterization of its natural graphite ore from the Company's 100%-owned Minas Gerais Graphite Project (the "Project") achieved up to 96.6% of graphite recovery. Surface samples contained up to 15.4% of graphitic carbon. The Project comprises 1,258 hectares in two mineral rights located in the state of Minas Gerais, Brazil. SGS Canada, Inc. ("SGS") was retained to prepare technical reports under U.S. Regulation S-K 1300. In particular, Marc-Antoine Laporte and Yann Camus from SGS are Qualified Persons for the Project. SGS is well-known as a global leader in testing, inspection and certification of mineral properties and projects. Figure 1 shows a representative sample from the Project area which displays the distinctive metallic sheen typical of graphitic material. Figure 1 – Surface sample (SMAL-00007) with graphitic carbon grade of 13.37%. To view an enhanced version of this graphic, please visit: Geochemical analysis was carried out at SGS Geosol, an affiliate of SGS, considered to be the premier analytical laboratory in Brazil and used by major mining companies. Initial results revealed up to 15.4% for the content of graphitic carbon as shown in Table 1. Table 1: Samples head grade. Source: SGS Report 4181-2503 To view an enhanced version of this graphic, please visit: The principal objective of the scoping level metallurgical test program was to design an initial concentration flowsheet to upgrade the graphite content into a commercially-viable concentrate grading range. The concentration tests were carried out using representative samples collected during the 2025 sampling campaign. The metallurgical tests described in this press release were performed by SGS Geosol, an affiliate of SGS, using 50 kg of representative samples from the Project. The process included rougher flotation, regrinding, and five stages of cleaning with two attrition stages in between. There were no circulating loads, and all flotation tailings were final. The samples of the highest (15.4%; sample SMAL-00001) and lowest (1.89%; sample SMAL-00009) graphitic carbon content were used in the testing. The main objective of testing these two samples was to ensure the experimental conditions were suitable for the range of the Project's ore, in order to produce a final concentrate of high grade. The flotation concentrates generated by samples SMAL-00001 and SMAL-00009 were analyzed on a size-size basis. The results summarized in Table 2 indicate that all granulometric ranges achieved grades between 91.3% and 97.7% graphitic carbon. Table 2: Final Product*. Source: SGS Report 4181-2503 To view an enhanced version of this graphic, please visit: * All carbon analyses were reported as graphite carbon ("C-graph"). The analytical methods that were used to determine the metallurgical results included total carbon analysis by Leco on the final concentrates. Using conventional flotation, regrinding and attrition techniques, the final graphite concentrates achieved impressive grades of 91.9% and 96.6% total graphite carbon, demonstrating the strong potential of the Project. Figure 2 shows the final material recovered from concentration of the Company's samples. Figure 2 – Final Product - Floated material and filtered material after vacuum filtration. To view an enhanced version of this graphic, please visit: About SGS Metallurgical ServicesSGS Geosol Metallurgical group is recognized as a world leader in the development of concentrator flowsheet design and pilot plant testing programs, and has extensive experience in the development of processing routes for graphite ores. The information pertaining to the metallurgical test program presented in this press release has been reviewed by Orivaldo Savassi, PhD, technical director at SGS Geosol. About Atlas Critical Minerals CorporationAtlas Critical Minerals Corporation (OTCQB: JUPGF) controls a large portfolio of critical mineral rights in Brazil, encompassing over 575,000 acres, and including projects in rare earths, titanium, and graphite - minerals essential for defense applications and electrification. Additionally, we own a quarry for high-quality quartzite and one of our iron ore projects is expected to start production during 2025. Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Critical Minerals and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements. Risks related to the Company and its subsidiaries are discussed in the section entitled "Risk Factors" in the Company's Form 20-F filed with the Securities and Exchange Commission (the "SEC") on February 28, 2025. Please also refer to the Company's other filings with the SEC, all of which are available at In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements. Investor RelationsBrian W. BernierVice President, Investor Relations+1 (833) To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
17-07-2025
- Business
- Yahoo
Atlas Critical Minerals Reports Strong Initial Rare Earth and Titanium Results from Alto do Paranaiba Project
Observed Surface Sample Grades up to 28,870ppm TREO and 23.2% TiO2 Belo Horizonte, Brazil--(Newsfile Corp. - July 17, 2025) - Atlas Critical Minerals Corporation (OTCQB: JUPGF) ("Atlas Critical Minerals" or the "Company") is pleased to report strong initial rare earth and titanium results from its Alto do Paranaíba Project (the "Project"), located in the western part of state of Minas Gerais, Brazil. The project demonstrates significant potential for near-surface rare earth and titanium mineralization within the "Mata da Corda" Group geological sequence. SGS Canada, Inc. ("SGS") was retained to prepare technical reports under U.S. Regulation S-K 1300. In particular, Marc-Antoine Laporte and Yann Camus from SGS are Qualified Persons for the Project. SGS is well-known as a global leader in testing, inspection and certification of mineral properties and projects. The Project comprises mineral rights totaling more than 25,000 hectares, strategically positioned within a major volcano-sedimentary geological sequence. The extensive Project area has been divided into three exploration blocks for ease of exploration activities as shown in Figure 1. Figure 1 - Exploration Blocks of the Alto do Paranaíba Project To view an enhanced version of this graphic, please visit: The Mata da Corda Group consists of the sedimentary Capacete Formation crosscut by the volcanic Patos Formation. This geological setting, with its geochemical signature confirmed to be related to Brazilian late Cretaceous Alkaline Provinces, provides outstanding exploration potential for mineralization for both rare earth elements and titanium. Surface Sampling Results The Company's initial exploration campaign has included 770 surface samples (rock and soil), which demonstrated consistently high grades across all three blocks: Block 1 Highlights: 5,984 ppm TREO; 1,700 ppm MREO; 14.8% TiO2 (Sample APPPA00152) 4,897 ppm TREO; 1,301 ppm MREO; 13.9% TiO2 (Sample PCP-000019) 4,648 ppm TREO; 1,246 ppm MREO; 17.4% TiO2 (Sample APPPA00111) Figure 2 - Block 1 Surface Sampling Results Map Indicating Widespread High-Grade TREO Mineralization (>1,500ppm) To view an enhanced version of this graphic, please visit: Block 2 Highlights: 7,091ppm TREO; 2,023 ppm MREO; 11.9% TiO2 (Sample SPJ-00086) 6,759 ppm TREO; 2,191 ppm MREO; 12.0% TiO2 (Sample SPJ-00069) 6,405 ppm TREO; 1,643 ppm MREO; 18.6% TiO2 (Sample SPJ-00008) Figure 3 - Block 2 North Surface Sampling Results Highlighting Multiple High-Grade Zones To view an enhanced version of this graphic, please visit: Figure 4 - Block 2 South Surface Sampling Results Showing Strong Grades in Specific Locations To view an enhanced version of this graphic, please visit: Block 3 Highlights: 28,870 ppm TREO; 7,493 ppm MREO; 16.5% TiO2 (Sample STG-000014) 16,152 ppm TREO; 3,915 ppm MREO; 6.1% TiO2 (Sample ATI-089) 10,586 ppm TREO; 679 ppm MREO; 12.7% TiO2 (Sample ATI-025) 23.2% TiO2 (Sample SVV-00003) Figure 5 - Block 3 North Surface Sampling Results Demonstrating Extensive Mineralization and Results up to 16,152 ppm TREO To view an enhanced version of this graphic, please visit: Figure 6 - Block 3 South Surface Sampling Results Including Highest-Grade Intercepts To view an enhanced version of this graphic, please visit: Initial Auger Drilling Campaign Delivers Strong Near-Surface Results Initial auger drilling comprised 11 drillholes totaling 144 meters, with 178 core samples analyzed (including 22% QA/QC control samples). The drilling successfully intercepted high-grade, near-surface mineralization: HOLE ID FROM TO LENGTH TREO (ppm) MREO (ppm) TiO2 (%) DHTI-001 0 21 21 5,139 1,391 13.82 DHTI-001 0 12 12 5,961 1,690 13.27 DHTI-001 0 3 3 7,467 2,452 13.22 DHTI-001 7 12 4 5,825 1,446 16.34 DHTI-002 4 13.8 9.8 6,414 2,091 12.67 DHTI-002 8 13.8 5.8 7,729 2,681 12.45 DHTI-002 11 13 2 8,976 3,396 11.82 DHTI-003 0 7 7 4,067 1,090 11.93 DHTI-004 0 6 6 7,165 1,968 11.51 DHTI-004 0 3 3 9,028 2,393 9.67 DHCA-00001 2 10.3 8.3 3,999 993 14.28 DHCA-00001 6 10.3 4.3 4,706 1,124 15.06 DHCA-00002 3 10 7 3,442 821 15.95 DHCA-00003 2 8 6 3,396 812 11.21 DHPM-00002 4 10 6 3,007 682 14.03 DHPM-00003 1 6 5 3,129 716 13.00 DHLF-00001 3 9 6 3,275 754 13.76 Table 1 - Significant Drilling Intercepts from the Alto do Paranaíba Project Auger Drilling Campaign DHTI-001: 12m @ 5,961 ppm TREO; 1,690 ppm MREO; 13.3% TiO2 DHTI-002: 6m @ 7,729 ppm TREO; 2,680 ppm MREO; 12.5% TiO2 DHTI-003: 3m @ 4,713 ppm TREO; 1,311 ppm MREO; 12.9% TiO2 DHCA-00001: 4.3m @ 4,706 ppm TREO; 1,124 ppm MREO; 15.1% TiO2 DHCA-00002: 7m @ 3,442 ppm TREO; 821 ppm MREO; 15.9% TiO2 DHCA-00003: 6m @ 3,396 ppm TREO; 812 ppm MREO; 11.2% TiO2 DHPM-00002: 6m @ 3,007 ppm TREO; 682 ppm MREO; 14.0% TiO2 DHPM-00003: 5m @ 3,129 ppm TREO; 716 ppm MREO; 13.0% TiO2 DHLF-00001: 6m @ 3,275 ppm TREO; 754 ppm MREO; 13.8% TiO2 Figure 7 - Drill Core Sample DHTI-0004 (0-3.9m) Showing Clay-Hosted Mineralization with 3m @ 9,028 ppm TREO, 2,393 ppm MREO, 9.7% TiO2 To view an enhanced version of this graphic, please visit: Average TREO grades by block demonstrate consistent mineralization: Block 1 averaged 3,157 ppm TREO; Block 2 averaged 2,312 ppm TREO; and Block 3 averaged 4,906 ppm TREO. Notably, Block 3 showed high Nd+Pr averages up to 1,108ppm. Geological Setting and Mineralization Model The Project area benefits from intense laterization processes typical of Brazil's tropical climate, which has led to enrichment of titanium and rare earth elements within the weathered profile. The mineralized sequence occurs within extensively oxidized zones of the Mata da Corda Group, with drilling reaching maximum depths of approximately 21 meters. The strong positive correlation between rare earth elements and titanium, combined with the sequence's intense magnetism, makes the geological unit highly responsive to geophysical surveys, facilitating future exploration targeting. Figure 8 - Magnetometry Analytic Signal Map Showing Strong Positive Anomalies Associated with Mata da Corda Group Mineralization To view an enhanced version of this graphic, please visit: Quality Assurance/Quality Control All samples were analyzed by SGS Geosol, considered to be the premier analytical laboratory in Brazil and used by major mining companies. Quality control samples, such as blanks, duplicates and standards (CRM) were inserted into each analytical batch. For all analysis methods, the average number of QA/QC represented 22% of the analytical run. Terminology: TREO means Total Rare Earths Oxides, MREO means Magnetic Rare Earths Oxides, and TiO2 represents titanium dioxide. About Atlas Critical Minerals Corporation Atlas Critical Minerals Corporation (OTCQB: JUPGF) controls a large portfolio of critical mineral rights in Brazil, encompassing over 575,000 acres, and including projects in rare earths, titanium, and graphite — minerals essential for defense applications and electrification. Additionally, we own a quarry for high-quality quartzite and one of our iron ore projects is expected to start production during 2025. Safe Harbor Statement This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended including the timing of commencement of the public offering and the ability of the Company to have its common stock listed on the Exchange. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Critical Minerals and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Therefore, you should not place undue reliance on these forward-looking statements. Risks related to the Company and its subsidiaries are discussed in the section entitled "Risk Factors" in the Company's Form 20-F filed with the Securities and Exchange Commission (the "SEC") on February 28, 2025. Please also refer to the Company's other filings with the SEC, all of which are available at In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements. Investor RelationsBrian W. BernierVice President, Investor Relations+1 (833) 661-7900 To view the source version of this press release, please visit
Associated Press
12-02-2025
- Business
- Associated Press
Q2 Metals Initial Metallurgical Testing Confirms Spodumene as the Primary Lithium-Bearing Mineral within Pegmatite at the Cisco Lithium Project
Highlights Test work completed at SGS Canada (Lakefield) indicates that spodumene is the primary lithium-bearing mineral within in all pegmatite samples. No petalite, lepidolite, amblygonite or lithium-phosphate minerals were present within a detection threshold above 1% in any samples tested. VANCOUVER, BC / ACCESS Newswire / February 12, 2025 / Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) ('Q2" or the 'Company') is pleased to announce the results of initial metallurgical testing on drill core samples collected from the 2024 drill program on the Cisco Lithium Project (the 'Project' or the 'Cisco Project') located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay, Quebec, Canada. Initial mineralogical work was completed by SGS Canada on 16 drill core analytical pulp samples of pegmatite collected across seven (7) drill holes at the Cisco Project (specifically from drill holes CS23-010, 017, 018, 019, 021, 022, 023, see Figure 1). The purpose of the mineralogy work was to provide a preliminary characterization of the lithium pegmatite at Cisco and to orient the direction of subsequent mineral processing test work. All samples were analyzed by X-ray diffraction ('XRD') for quantitative modal mineralogy. The samples that were submitted had representatively low, mid and high grades, with individual samples containing lithium between 0.53% and 3.8% Li 2 O (see Figure 2). The results of the XRD analysis indicated average spodumene content of 17% within sample results, ranging between 6% and 39%. The remaining minerals in the samples include quartz, albite, microcline, muscovite and occasionally biotite and/or beryl. All minerals are present in common rations compared to other pegmatites in the James Bay Lithium District. 'Having spodumene as the only primary lithium-bearing mineral verified with a high-precision method like XRD is an important milestone for the Cisco Project, verifying our core observations of coarse-grained spodumene,' stated Neil McCallum, VP Exploration of Q2. 'We will be conducting further metallurgical testing of the mineralized zone at the Project to understand its amenability to HLS and DMS flowsheet work.' To follow-up the initial XRD analysis, samples are currently being prepared for additional metallurgical test work, including heavy liquid separation (HLS), dense media separation (DMS), magnetic separation, and flotation. The primary objective of the follow up preliminary metallurgical program is to evaluate the beneficiation of the currently defined mineralized zone at the Cisco Project with a traditional lithium pegmatite flowsheet. The goal of the proposed work is to produce a spodumene concentrate of greater than 6% Li 2 O with low iron content, at a maximum lithium recovery. Corporate Update: Q2 Metals announces the addition of Simon Gaivin and Chris Ackerman to its team: Simon Gaivin - Community Relations: Mr. Gaivin is a committed professional in regional development and stakeholder engagement, with over 20 years of experience in community relations, partnership management and institutional representation. He has engaged with numerous noteworthy organizations over his career, including serving as a Director of the Université du Québec en Abitibi-Témiscaminque (UQAT) Foundation & Alumni Association, a professional at the Regional Conference of Elected Officials of Abitibi-Témiscaminque, and a lecturer at UQAT in regional development and marketing. Mr. Gaivin holds a graduate degree in Project Management from UQAT. Chris Ackerman - Corporate Communications: Mr. Ackerman is a graduate of the UBC Faculty of Law and has extensive experience in both government and private industry, including fifteen years in mineral exploration. Prior to joining Q2 Metals, Mr. Ackerman was a founding member and spent over eight years as Vice President, Corporate Development at the Metallic Group of Companies which includes Metallic Minerals, Stillwater Critical Minerals and Granite Creek Copper. In 2016, he took the role of Sr. Business Development Advisor with the Yukon Ministry of Economic Development; a position primarily focused on promoting investment in the mining industry and previously spent 5 years heading up the Communications & IR department at Yukon-focused exploration companies. 'I'm pleased to welcome both Simon and Chris to Q2 as we continue to add and build upon the strength of our team. With Simon being from Rouyn-Noranda, Quebec, his understanding of local perspectives will contribute to the growth of our community initiatives,' stated Alicia Milne, President & CEO of Q2. 'Additionally, Chris comes to us with a strong and active background in corporate strategy, capital markets, communications and investor relations. I'm looking forward to working with them as we continue to move forward with the Project.' Upcoming Events: OTC Metals and Mining Virtual Investor Conference: Alicia Milne, Q2 Metals President & CEO and Neil McCallum, Q2 Metals VP of Exploration will present live at the Metals and Mining Virtual Investor Conference hosted by on February 12, 2025 at 8:30am PT | 11:30 am ET. DATE: Wednesday, February 12, 2025 TIME: 8:30am PT | 11:30 am ET This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at PDAC Booth and Core Shack The Company will be attending and exhibiting on site at the 2025 Prospectors & Developers Association of Canada event ('PDAC 2025") in Toronto, ON. Q2 is exhibiting in the Investors Exchange from March 2 - 5, 2025 at booth number 2726 and will also be exhibiting core from the Cisco Lithium Project at the PDAC 2025 Core Shack on March 4 - 5, 2025. For more information on PDAC 2025, please click here. PDAC Quebec Day: Critical & Strategic: Mining in Québec Q2 Metals is honoured to have been selected to provide a corporate spotlight presentation during Quebec Day at PDAC. Alicia Milne will present at 10:25am on March 4 th in Room 206D. For more information on Quebec Day, click here. About Q2 Metals Corp Q2 Metals is a Canadian mineral exploration company focused on the Cisco Lithium Project located within the greater Nemaska traditional territory of the Eeyou Istchee Territory, James Bay, Quebec, where drilling is currently underway. The Cisco Project is comprised of 767 claims, totaling 39,389 hectares. The main mineralized zone is just 6.5 kilometres ('km') away from the Billy Diamond Highway and transects the Project. The town of Matagami, which features direct rail link to much of James Bay, is approximately 150 km to the south. The Cisco Project is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively. The Cisco Project has district-scale potential with an already identified mineralized zone and discovery drill results that include: Since May 2024, the Company has drilled a total of 6,359.7 m over 17 holes. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified. FOR FURTHER INFORMATION, PLEASE CONTACT: Alicia Milne President & CEO [email protected] Corporate Communications [email protected] Chris Ackerman Corporate Communications [email protected] Telephone: 1 (800) 482-7560 E-mail: [email protected] Click to follow us online: Qualified Person Neil McCallum, a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 ('QP'), has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2. Forward-Looking Statements This news release contains forward-looking statements and forward-looking information (collectively, 'forward-looking statements') within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: 'believes', 'expects', 'anticipates', 'intends', 'estimates', 'plans', 'may', 'should', 'would', 'will', 'potential', 'scheduled' or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regarding the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, proposed metallurgical test work to be conducted, , the possibility of future development and mining infrastructure scenarios, the potential for development, the potential scale of the Cisco Project, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled 'Risk Factors' in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Q2 Metals Corp.
