Atlas Lithium Corp (ATLX)

[ImOnABoat]

Jupiter Gold Reports Strong Quartzite Results from Drilling

Belo Horizonte, Brazil--(Newsfile Corp. - March 22, 2021) - Jupiter Gold Corporation (OTCQB: JUPGF) ("Jupiter Gold" or the "Company") announced today that it had successfully completed exploratory drilling of part of its 100%-owned Quartzite Project in the state of Minas Gerais. A drilling company with experience in quartzite drilled 4 holes separated by 50 meters each and with depths up to 15 meters. High-quality, commercial-grade quartzite was observed throughout the samples collected. The information obtained will permit the Company to finalize its initial mine license application. Photos of samples retrieved are attached to this release.

In 2020, while researching one of its mineral rights in Minas Gerais, Jupiter Gold's technical team discovered four nearby quartzite deposits, a mineral which is highly sought after for kitchen countertops, tiles, and other architectural applications; Brazil is a leading global exporter. Preliminary calculations indicate a potential aggregate of 3.7 million tons of quartzite in Jupiter Gold's Quartzite Project with an expected revenue to the Company of $1,800 to $2,000 per cubic meter sold. The Company anticipates a profitable operation of its Quartzite Project that could last a decade or more at net margins of 60% or more.

https://www.newsfilecorp.com/release/78148/Jupiter-Gold-Reports-Strong-Quartzite-Results-from-Drilling