Atlas Lithium (ATLX) 10-K 27 Mar 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Mar. 27, 2024	Jun. 30, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	000-55191
Entity Registrant Name	ATLAS LITHIUM CORPORATION
Entity Central Index Key	0001540684
Entity Tax Identification Number	39-2078861
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Rua Buenos Aires
Entity Address, Address Line Two	10 – 14th Floor
Entity Address, City or Town	Belo Horizonte
Entity Address, Country	BR
Entity Address, Postal Zip Code	30.315-570
City Area Code	(833)
Local Phone Number	661-7900
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	ATLX
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 147,012,507
Entity Common Stock, Shares Outstanding		12,769,581
Documents Incorporated by Reference	None
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Firm ID	5041
Auditor Name	BF Borgers CPA PC
Auditor Location	Lakewood, CO

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 29,549,927	$ 280,525
Accounts receivable		91
Taxes recoverable	50,824	17,705
Prepaid and other current assets	113,905	47,093
Total current assets	29,714,656	345,414
Property and equipment, net	6,407,735	217,550
Intangible assets, net	7,115,644	4,971,267
Right of use assets - operating leases, net	444,624
Investments		150,000
Total assets	43,682,659	5,684,231
Current liabilities:
Accounts payable and accrued expenses	4,487,647	2,776,474
Derivative liabilities	1,000,060
Convertible Debt	67,024
Operating lease liabilities	114,994
Total current liabilities	5,669,725	2,797,967
Convertible Debt	9,703,700
Operating lease liabilities	336,411
Deferred consideration from royalties sold	18,600,000
Other noncurrent liabilities	58,579	78,964
Total liabilities	34,368,415	2,876,931
Stockholders’ Equity:
Common stock, $0.001 par value. 200,000,000 and 4,000,000,000 shares authorized as of December 31, 2023 and December 31, 2022, respectively and 12,763,581 and 5,110,014 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	12,764	5,111
Additional paid-in capital	111,662,522	62,258,116
Accumulated other comprehensive loss	(1,119,771)	(981,040)
Accumulated deficit	(101,664,519)	(60,270,994)
Total Atlas Lithium Co. stockholders’ equity	8,890,997	1,011,408
Non-controlling interest	423,247	1,795,892
Total stockholders’ equity	9,314,244	2,807,300
Total liabilities and stockholders’ equity	43,682,659	5,684,231
Series A Preferred Stock [Member]
Stockholders’ Equity:
Preferred stock, value	1	1
Series D Preferred Stock [Member]
Stockholders’ Equity:
Preferred stock, value		214
Related Party [Member]
Current liabilities:
Related party notes and other payables		$ 21,493

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	4,000,000,000
Common stock, shares issued	12,763,581	5,110,014
Common stock, shares outstanding	12,763,581	5,110,014
Series A Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1	1
Preferred stock, shares issued	1	1
Preferred stock, shares outstanding	1	1
Series D Preferred Stock [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	214,006
Preferred stock, shares outstanding	0	214,006

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue		$ 6,765
Cost of revenue		63,548
Gross loss		(56,783)
Operating expenses
General and administrative expenses	10,303,340	2,722,197
Stock-based compensation	15,609,698	2,269,566
Exploration	16,553,830
Other operating expenses	121,176	455,221
Total operating expenses	42,588,044	5,446,984
Loss from operations	(42,588,044)	(5,503,767)
Other expense (income)
Other expense (income)	200,919	155,812
Fair value adjustments, net	174,608
Finance costs (revenue)	(329,651)
Total other expense	45,876	155,812
Loss before provision for income taxes	(42,633,920)	(5,659,579)
Net loss	(42,633,920)	(5,659,579)
Loss attributable to non-controlling interest	(1,240,395)	(1,031,059)
Net loss attributable to Atlas Lithium Corporation stockholders	$ (41,393,525)	$ (4,628,520)
Basic and diluted loss per share
Net loss per share attributable to Atlas Lithium Corporation common stockholders basic	$ (4.11)	$ (1)
Net loss per share attributable to Atlas Lithium Corporation common stockholders diluted	$ (4.11)	$ (1)
Weighted-average number of common shares outstanding:
Basic	10,065,572	4,610,681
Diluted	10,065,572	4,610,681
Comprehensive loss:
Foreign currency translation adjustment	$ (270,980)	$ (277,659)
Comprehensive loss	(42,904,900)	(5,937,238)
Comprehensive loss attributable to noncontrolling interests	(1,372,645)	(1,040,488)
Comprehensive loss attributable to Atlas Lithium Corporation stockholders	$ (41,532,256)	$ (4,896,750)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Preferred Stock [Member] Series A Preferred Stock [Member]	Preferred Stock [Member] Series D Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Series D Preferred Stock [Member]	Total
Balance at Dec. 31, 2021	$ 1	$ 214	$ 4,146	$ 54,571,409	$ (712,810)	$ (55,642,474)	$ 2,236,380		$ 456,866
Balance, shares at Dec. 31, 2021	1	214,006	4,145,572
Issuance of common stock in connection with sales made under private offerings			$ 697	3,901,659					3,902,356
Issuance of common stock in connection with sales made under private offerings, shares			696,808
Issuance of common stock in connection with purchase of mining rights			$ 117	999,883					1,000,000
Issuance of common stock in connection with purchase of mining rights, shares			116,959
Exercise of warrants			$ 136	(136)
Exercise of warrants. shares			135,631
Stock based compensation			$ 15	2,269,551					2,269,566
Stock based compensation, shares			15,044
Change in foreign currency translation					(268,230)		(9,429)		(277,659)
equity offerings				414,875			75,000		489,875
Sale of Apollo Resources common stock in connection with equity offerings				100,875			525,000		625,875
Net loss						(4,628,520)	(1,031,059)		(5,659,579)
Balance at Dec. 31, 2022	$ 1	$ 214	$ 5,111	62,258,116	(981,040)	(60,270,994)	1,795,892		2,807,300
Balance, shares at Dec. 31, 2022	1	214,006	5,110,014
Issuance of common stock in connection with sales made under private offerings			$ 2,707	32,614,874					32,617,582
Issuance of common stock in connection with sales made under private offerings, shares			2,707,417
Issuance of common stock in connection with purchase of mining rights			$ 77	749,923					750,000
Issuance of common stock in connection with purchase of mining rights, shares			77,240					108,000
Exercise of warrants			$ 188	1,155,972					1,156,158
Exercise of warrants. shares			187,969
Stock based compensation			$ 251	12,863,012					12,863,263
Stock based compensation, shares			250,672
Change in foreign currency translation					(138,731)		(132,250)		(270,980)
Sale of Apollo Resources common stock in connection with equity offerings
Net loss						(41,393,525)	(1,240,395)		(42,633,920)
Issuance of common stock in exchange for consulting, professional and other services			$ 137	2,017,690					2,017,827
Issuance of common stock in exchange for consulting, professional and other services, shares			136,860
Exercise of options into Series D preferred stock		$ 108		2,934					3,042
Exercise of options into Series D preferred stock, shares		108,000						108,000
Conversion of Convertible Preferred D stock into Common Stock		$ (322)	$ 4,293						3,971
Conversion of Convertible Preferred D stock into Common Stock, shares		(322,006)	4,293,409
Balance at Dec. 31, 2023	$ 1		$ 12,764	$ 111,662,522	$ (1,119,771)	$ (101,664,519)	$ 423,247		$ 9,314,244
Balance, shares at Dec. 31, 2023	1		12,763,581					0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities of continuing operations:
Net loss	$ (42,633,920)	$ (5,659,579)
Adjustments to reconcile net loss to cash used in operating activities:
Stock based compensation and services	15,609,698	2,269,566
Issuance of common stock in connection with purchase of mining rights	750,000
Depreciation and amortization	73,004	13,806
Interest expense	87,422
Fair value adjustments	174,608
Intangible assets purchase payables	(1,080,783)	2,367,600
General provisions	795,035	155,812
Other non-cash expenses	150,091
Changes in operating assets and liabilities:
Accounts receivable		1,310
Taxes recoverable	(4,155)	(1,198)
Deposits and advances	(66,812)	(29,847)
Accounts payable and accrued expenses	1,136,876	(568,038)
Deferred consideration from royalties sold	20,000,000
Other noncurrent liabilities	(20,382)	(29,962)
Net cash provided (used) by operating activities	(5,029,318)	(1,480,530)
Cash flows from investing activities:
Acquisition of capital assets	(6,018,873)	(177,529)
Increase in intangible assets	(1,063,594)	(2,668,827)
Net cash used in investing activities	(7,082,467)	(2,846,356)
Cash flows from financing activities:
Net proceeds from sale of common stock	31,214,660	4,502,356
Cash received upon issuance of debt	10,000,024
Net cash provided by financing activities	41,214,684	4,502,356
Effect of exchange rates on cash and cash equivalents	166,504	82,279
Net increase (decrease) in cash and cash equivalents	29,269,402	257,749
Cash and cash equivalents at beginning of period	280,525	22,776
Cash and cash equivalents at end of period	$ 29,549,927	$ 280,525

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure [Table]
Net Income (Loss) Attributable to Parent	$ (41,393,525)	$ (4,628,520)

ORGANIZATION, BUSINESS AND SUMM

ORGANIZATION, BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – ORGANIZATION, BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization and Description of Business Atlas Lithium Corporation (together with its subsidiaries “Atlas Lithium.” the “Company”, “the Registrant”, “we”, “us”, or “our”) was incorporated under the laws of the State of Nevada, on December 15, 2011. The Company changed its management and business on December 18, 2012, to focus on mineral exploration in Brazil. Basis of Presentation and Principles of Consolidation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and are expressed in United States dollars. For the years ended December 31, 2023 and 2022, the consolidated financial statements include the accounts of the Company; its 99.9 ; 58.71 27.42 All material intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results may differ from those estimates. Recent Accounting Pronouncements Accounting Standards Updates Adopted In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-04 (“ASU 2020-04”), Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional guidance for a limited period of time to ease the potential burden on accounting for contract modifications caused by reference rate reform. In January 2021, ASU 2021-01, Reference Rate Reform (Topic 848): Scope was issued which broadened the scope of ASU 2020-04 to include certain derivative instruments. In December 2022, ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, was issued which deferred the sunset date of ASU 2020-04. The guidance is effective for all entities as of March 12, 2020 through December 31, 2024. The guidance may be adopted over time as reference rate reform activities occur and should be applied on a prospective basis. There have been no significant effects that may impact its financial statements and we do not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations. Accounting Standards Updates to Become Effective in Future Period In August 2023, the FASB issued ASU 2023-05, Business Combinations - Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement, which clarifies the business combination accounting for joint venture formations. The amendments in the ASU seek to reduce diversity in practice that has resulted from a lack of authoritative guidance regarding the accounting for the formation of joint ventures in separate financial statements. The amendments also seek to clarify the initial measurement of joint venture net assets, including businesses contributed to a joint venture. The guidance is applicable to all entities involved in the formation of a joint venture. The amendments are effective for all joint venture formations with a formation date on or after January 1, 2025. Early adoption and retrospective application of the amendments are permitted. We do not expect adoption of the new guidance to have a material impact on our consolidated financial statements and disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, amending reportable segment disclosure requirements to include disclosure of incremental segment information on an annual and interim basis. Among the disclosure enhancements are new disclosures regarding significant segment expenses that are regularly provided to the chief operating decision-maker and included within each reported measure of segment profit or loss, as well as other segment items bridging segment revenue to each reported measure of segment profit or loss. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024, and are applied retrospectively. Early adoption is permitted. We are currently evaluating the impact of this update on our consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvement to Income Tax Disclosures, amending income tax disclosure requirements for the effective tax rate reconciliation and income taxes paid. The amendments in ASU 2023-09 are effective for fiscal years beginning after December 15, 2024 and are applied prospectively. Early adoption and retrospective application of the amendments are permitted. We are currently evaluating the impact of this update on our consolidated financial statements and disclosures. Fair Value of Financial Instruments The Company follows the guidance of Accounting Standards Codification (“ASC”) Topic 820 – Fair Value Measurement and Disclosure. Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The guidance also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of our Company. Unobservable inputs are inputs that reflect our Company’s assumptions about the factors market participants would use in valuing the asset or liability. The guidance establishes three levels of inputs that may be used to measure fair value: Level 1. Observable inputs such as quoted prices in active markets. Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. As of December 31, 2023, and 2022, the Company’s derivative liabilities were considered a level 2 liability. See Note 2 for a discussion regarding the determination of the fair market value. The Company does not have any level 3 assets or liabilities. The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, taxes recoverable, prepaid and other current assets, accounts payable, debt, related party notes and other payables, derivative instruments, other noncurrent liabilities and accrued expenses. The carrying amount of these financial instruments approximates fair value due to either length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these consolidated financial statements. Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent that the funds are not being held for investment purposes. The Company’s bank accounts are deposited in FDIC insured institutions. Funds held in U.S. banks are insured up to $ 250,000 250,000 51,639 Accounts Receivable Accounts receivable are customer obligations due under normal trade terms which are recorded at net realizable value. The Company establishes an allowance for doubtful accounts based on management’s assessment of the collectability of trade receivables. A considerable amount of judgment is required in assessing the amount of the allowance. The Company makes judgments about the creditworthiness of each customer based on ongoing credit evaluations and monitors current economic trends that might impact the level of credit losses in the future. If the financial condition of the customers were to deteriorate, resulting in their inability to make payments, a specific allowance will be required. Recovery of bad debt amounts previously written off is recorded as a reduction of bad debt expense in the period the payment is collected. If the Company’s actual collection experience changes, revisions to its allowance may be required. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. Taxes Receivable The Company records a receivable for value added taxes receivable from Brazilian authorities on goods and services purchased by its Brazilian subsidiaries. These taxes are recoverable through various methods, including via cash refund or as a credit against payroll, supplier withholding taxes, or other taxes payable. Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation. Major improvements and betterments are capitalized. Maintenance and repairs are expensed as incurred. Depreciation is computed using the straight-line method over the estimated useful life. At the time of retirement or other disposition of property and equipment, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in the statements of operations as other gain or loss, net. The processing plant and other machinery are depreciated over an estimated useful life of ten years five years five years Intangible Assets Mineral Properties and Mineral rights Costs of exploration, carrying and retaining unproven mineral lease properties are expensed as incurred. Mineral property acquisition costs, including licenses and lease payments, are capitalized. Although the Company has taken steps to verify title to mineral properties in which it has an interest, these procedures do not guarantee the Company’s rights. Such properties may be subject to prior agreements or transfers and title may be affected by undetected defects. Impairment losses are recorded on mineral properties used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amount. As of December 31, 2023 and 2022, the Company did not recognize any impairment losses related to mineral properties held. Other Intangible Assets For intangible assets purchased in a business combination, the estimated fair values of the assets received are used to establish their recorded values. For intangible assets acquired in a non-monetary exchange, the estimated fair values of the assets transferred (or the estimated fair values of the assets received, if more clearly evident) are used to establish their recorded values, unless the values of neither the assets received nor the assets transferred are determinable within reasonable limits, in which case the assets received are measured based on the carrying values of the assets transferred. Valuation techniques consistent with the market approach, income approach and/or cost approach are used to measure fair value. Intangible assets consist of mineral rights awarded by the Brazilian national mining department and held by the Company’s subsidiaries. Impairment of Intangible Assets with Indefinite Useful Lives The Company accounts for intangible assets in accordance with Accounting Standards Codification (“ASC”) 350, Intangibles – Goodwill and Other (“ASC 350”). ASC 350 requires that intangible assets with indefinite useful lives no longer be amortized, but instead be evaluated for impairment at least annually. On an annual basis, in the fourth quarter of the fiscal year, management reviews intangible assets with indefinite useful lives for impairment by first assessing qualitative factors to determine whether the existence of events or circumstances makes it more-likely-than-not that the fair value of an intangible asset is less than its carrying amount. If it is determined that it is more-likely-than-not that the fair value of an intangible asset is less than its carrying amount, the intangible asset is further tested for impairment by comparing the carrying amount to its estimated fair value using a discounted cash flow. Impairment, if any, is measured as the amount by which an indefinite-lived intangible asset’s carrying amount exceeds its fair value. Application of impairment tests requires significant management judgment, including the determination of fair value of each indefinite-lived intangible asset. Judgment applied when performing the qualitative analysis includes consideration of macroeconomic, industry and market conditions, overall financial performance of the entity, composition, or strategy changes affecting the recoverability of asset groups. Judgments applied when performing the quantitative analysis includes estimating future cash flows, determining appropriate discount rates and making other assumptions. Changes in these judgments, estimates and assumptions could materially affect the determination of fair value for each indefinite-lived intangible asset. Impairment of Long-Lived Assets For long-lived assets, such as property and equipment and intangible assets subject to amortization, the Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell. Variable Interest Entities The Company determines at the inception of each arrangement whether an entity in which the Company holds an investment or in which the Company has other variable interests in is considered a variable interest entity. The Company consolidates VIEs when it is the primary beneficiary. The primary beneficiary of a VIE is the party that meets both of the following criteria: (1) has the power to make decisions that most significantly affect the economic performance of the VIE; and (2) has the obligation to absorb losses or the right to receive benefits that in either case could potentially be significant to the VIE. Periodically, the Company assesses whether any changes in the interest or relationship with the entity affect the determination of whether the entity is still a VIE and, if so, whether the Company is the primary beneficiary. If the Company is not the primary beneficiary in a VIE, the Company accounts for the investment under the equity method or cost method in accordance with the applicable GAAP. The Company has concluded that Apollo Resources, Jupiter Gold and their subsidiaries are VIEs in accordance with applicable accounting standards and guidance; and although the operations of Apollo Resources and Jupiter Gold are independent of the Company, through governance rights, the Company has the power to direct the activities that are most significant to Apollo Resources and Jupiter Gold. Therefore, the Company concluded that it is the primary beneficiary of both Apollo Resources and Jupiter Gold. Revenue Recognition The Company recognizes revenue under ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”). The core principle of the new revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The following five steps are applied to achieve that core principle: ● Step 1: Identify the contract with the customer ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognize revenue when the company satisfies a performance obligation In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets ASC 606’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: ● The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer ● The entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: ● Variable consideration ● Constraining estimates of variable consideration ● The existence of a significant financing component in the contract ● Non-cash consideration ● Consideration payable to a customer Variable consideration is included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate. Costs of Goods Sold Included within costs of goods sold are costs of production such as diesel fuel, labor, and transportation. Stock-Based Compensation The Company measures and records stock-based compensation expense in accordance with ASC Topic 718 for share-based payments related to stock options, restricted stock, and performance-based awards granted to certain directors, employees and consultants. ASC 718 requires companies to measure compensation cost for stock-based employee compensation at fair value at the grant date and recognize the expense over the employee’s requisite service period. Under ASC 718, volatility is based on the historical volatility of our stock or the expected volatility of the stock of similar companies. The expected life assumption is primarily based on historical exercise patterns and employee post-vesting termination behavior. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant. The fair value of stock options and performance awards without a market condition is estimated, at the date of grant, using the Black-Scholes option-pricing model. The fair value of restricted stock awards and stock options with a market condition is estimated, at the date of grant, using the Monte Carlo Simulation model. The fair value of restricted stock awards with a required lock-up period without a market condition is estimated at the date of grant, using the Hull-White Lattice (binomial) model. The Black-Scholes, Monte Carlo Simulation, and Hull-White Lattice valuation models incorporate assumptions as to stock price volatility, the expected life of options or awards, a risk-free interest rate, illiquidity discount, and dividend yield. In valuing our stock options, significant judgment is required in determining the expected volatility of our common stock and the expected life that individuals will hold their stock options prior to exercising. Expected volatility for stock options is based on the historical and implied volatility of the Company’s common stock while the volatility for restricted stock awards with a market condition is based on the historical volatility of the Company’s own stock and the stock of companies within our defined peer group. Because changes in the subjective assumptions can materially affect the estimated value of our employee stock options, it is management’s opinion that the valuation models may not provide an accurate measure of the fair value of our stock options, restricted stock and performance-based awards. Although the fair value of stock options and restricted stock awards is determined in accordance with ASC Topic 718, that value may not be indicative of the fair value observed in a willing buyer/willing seller market transaction. Debt In accordance with ASC 470, Debt Derivative Instruments The Company evaluates its convertible debt, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for in accordance with Topic 480 of the FASB ASC and Topic 815 of the FASB Accounting Standards Codification. The result of this accounting treatment is that the fair value of the embedded derivative, if required to be bifurcated, is marked-to-market at each balance sheet date and recorded as a liability. The change in fair value is recorded in the Statement of Operations as a component of other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. In circumstances where the embedded conversion option in a convertible instrument is required to be bifurcated and there are also other embedded derivative instruments in the convertible instrument that are required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period. Equity instruments that are initially classified as equity that become subject to reclassification are reclassified to liability at the fair value of the instrument on the reclassification date. Derivative instrument liabilities will be classified in the balance sheet as current or non-current based on whether net-cash settlement of the derivative instrument is expected within 12 months of the balance sheet date. Foreign Currency The Company’s foreign subsidiaries use a local currency as the functional currency. Resulting translation gains or losses are recognized as a component of accumulated other comprehensive income. Transaction gains or losses related to balances denominated in a currency other than the functional currency are recognized in the consolidated statements of operations. Net foreign currency transaction losses included in the Company’s consolidated statements of operations were negligible for all periods presented. Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes. ASC 740 requires a company to use the asset and liability method of accounting for income taxes, whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of, the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. As of December 31, 2023 and 2022, the Company’s deferred tax assets had a full valuation allowance. Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% On December 22, 2017, the United States enacted the Tax Cuts and Jobs Act (“TCJA”), which instituted fundamental changes to the taxation of multinational corporations, including a reduction the U.S. corporate income tax rate to 21 The TCJA also requires a one-time transition tax on the mandatory deemed repatriation of the cumulative earnings of certain of the Company’s foreign subsidiaries as of December 31, 2017. To determine the amount of this transition tax, the Company must determine the amount of earnings generated since inception by the relevant foreign subsidiaries, as well as the amount of non-U.S. income taxes paid on such earnings, in addition to potentially other factors. The Company believes that no such tax will be due since its Brazilian subsidiaries have, when required, paid taxes locally and that they have incurred a cumulative operating deficit since inception. Basic Income (Loss) Per Share The Company computes loss per share in accordance with ASC Topic 260, Earnings per Share, which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. As of December 31, 2023, if all holders of preferred stock, options and warrants exercised their right to convert their securities to common stock, the common stock issuable would be in excess of the Company’s authorized, but unissued shares of common stock. Other Comprehensive Income Other comprehensive income is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources, other than net income and including foreign currency translation adjustments. Reclassifications Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings (loss) or financial position. adoption will have on its consolidated financial statements.

COMPOSITION OF CERTAIN FINANCIA

COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS	12 Months Ended
	Dec. 31, 2023
Composition Of Certain Financial Statement Items
COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS	NOTE 2 – COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS Property and Equipment The following table sets forth the components of the Company’s property and equipment at December 31, 2023 and 2022: SCHEDULE OF PROPERTY AND EQUIPMENT December 31, 2023 December 31, 2022 Accumulated Net Book Accumulated Net Book Cost Depreciation Value Cost Depreciation Value Capital assets subject to depreciation: Computers and office equipment $ - $ - $ - $ 571 $ (571 ) $ - Machinery and equipment - - - 419,498 (362,140 ) 57,358 Vehicles - - - 80,139 (79,021 ) 1,118 Land 361,674 - 361,674 159,074 - 159,074 Prepaid Assets (CIP) 6,046,061 - 6,046,061 - - - Total fixed assets $ 6,407,735 $ - $ 6,407,735 $ 659,282 $ (441,732 ) $ 217,550 For the years ended December 31, 2023, and 2022, the Company recorded depreciation expense of $ 50,741 13,806 Intangible Assets Intangible assets consist of mining rights which are not amortized as the mining rights are perpetual. The carrying value of these mineral rights as of December 31, 2023 and at December 31, 2022 was $ 7,115,644 4,971,267 The Company previously reported it was acquiring five mineral rights totaling 1,090.88 45.77 ● Payment of $ 400,000 ● Issuance of $ 750,000 As of December 31, 2023, there are no outstanding commitments related to this transaction. Accounts Payable and Accrued Liabilities SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES December 31, 2023 December 31, 2022 Accounts payable and other accruals $ 3,406,864 $ 408,874 Mineral rights payable 1,080,783 2,367,600 Total $ 4,487,647 $ 2,776,474 Leases Finance Leases For the reporting period ended December 31, 2023, no financial leases meeting the criteria outlined in ASC 842 have been identified. Operating Leases Right of use (“ROU”) assets and lease liabilities are recognized at the lease commencement date based on the present value of the future lease payments over the lease term. When the rate implicit to the lease cannot be readily determined, we utilize our incremental borrowing rate in determining the present value of the future lease payments. The ROU asset includes any lease payments made and lease incentives received prior to the commencement date. Operating lease ROU assets also include any cumulative prepaid or accrued rent when the lease payments are uneven throughout the lease term. The ROU assets and lease liabilities may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. The ROU and lease liabilities are primarily related to commercial offices with third parties. The lease agreements have terms between 2 4 6.5 SCHEDULE OF OPERATING LEASE LIABILITY Lease liabilities at January 1, 2023 $ - Additions $ 466,887 Interest expense $ 5,025 Lease payments $ (20,507 ) Lease liabilities at December 31, 2023 $ 451,405 Current portion $ 114,994 Non-current portion $ 336,411 The maturity of the lease liabilities (contractual undiscounted cash flows) is presented in the table below: SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS Less than one year $ 144,132 Year 2 $ 151,060 Year 3 $ 138,305 Year 4 $ 92,965 Total contractual undiscounted cash flows $ 526,462 Convertible Debt SCHEDULE OF CONVERTIBLE DEBT December 31, 2023 December 31, Due to Nanyang Investment Management Pte Ltd 5,862,434 - Due to Jaeger Investments Pty Ltd 1,954,145 - Due to Modha Reena Bhasker 977,072 - Due to Clipper Group Limited 977,072 - Total convertible debt $ 9,770,724 $ - Current portion $ 67,024 Non-current portion $ 9,703,700 On November 7, 2023, the Company entered into a convertible note purchase agreement (the “November 7, 2023 Convertible Note Agreement”) with Mr. Martin Rowley (“Mr. Rowley”) and other investors 20,000,000 in proceeds through the issuance of convertible promissory notes with the following key terms: - Maturity date: 36 months as from the date of issuance - Principal repayment terms: due on maturity; - Interest rate: 6.5 - Interest payment terms: due semiannually in arrears until Maturity, unless converted or redeemed earlier and payable at the election of the holder in cash, in shares of Common Stock, or in any combination thereof; - Conversion right: the holder retains a right to convert all or any portion of the note into shares of the Company’s Common Stock at the Conversion Price up until the maturity date; and - Conversion price: US$ 28.225 - Redemption right: the Company shall vest a right to redeem the convertible notes if and when (i) twelve months have passed since the loan origination and (ii) the volume weighted average price exceeded 125% of the conversion price for 5 trading days within a 20 day trading period. On November 7, 2023, the Company issued $ 10,000,000 the November 7, 2023 Convertible Note Agreement. 10,000,000 9,688,305 311,695 67,024 15,395 nil nil Derivative Liabilities SCHEDULE OF DERIVATIVE LIABILITIES December 31, 2023 December 31, Derivative liability - conversion feature on the convertible debt 486,303 - Derivative liability - restricted stock awards 513,757 - Total derivative liabilities $ 1,000,060 $ - a) Derivative liability – embedded conversion feature on convertible debt On November 7, 2023, the Company issued convertible promissory notes to Mr. Rowley and other investors as further disclosed in Note 2. In accordance with FASB ASC 815, the conversion feature of the convertible debt was determined to be an embedded derivative. As such, it was bifurcated from the host debt liability and was recognized as a derivative liability in the consolidated statement of financial position. The derivative liability is measured at fair value through profit or loss. On origination at November 7, 2023, the fair value of the embedded conversion feature was determined to be $ 311,695 SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION Value cap Value floor Measurement date November 7, 2023 November 7, 2023 Number of options 354,297 354,297 Stock price at fair value measurement date $ 22.8200 $ 22.8200 Exercise price $ 28.2250 $ 35.2813 Expected volatility 111.81 % 111.81 % Risk-free interest rate 4.64 % 4.64 % Dividend yield 0.00 % 0.00 % Expected term (years) 3.00 3.00 At December 31, 2023, the fair value of the embedded conversion feature was determined to be $ 486,304 Value cap Value floor Measurement date December 31, 2023 December 31, 2023 Number of options 354,297 354,297 Stock price at fair value measurement date $ 31.2800 $ 31.2800 Exercise price $ 28.2250 $ 35.2813 Expected volatility 99.42 % 99.42 % Risk-free interest rate 3.97 % 3.97 % Dividend yield 0.00 % 0.00 % Expected term (years) 2.85 2.85 In the Black-Scholes collar option pricing models, the expected volatilities were based on historical volatilities of the securities of the Company and its trading peers, and the risk-free interest rates were determined based on the prevailing rates at the grant date for U.S. Treasury Bonds with a term equal to the expected term of the instrument being valued. In the year ended December 31, 2023, the Company recognized a $ 174,608 nil b) Derivative liability – restricted stock unit (“RSU”) awards On September 30, 2023, the Company granted RSU awards to one of its executive officers that provide for the issuance of up to a maximum of 1.4 0.2 - Tranche 1: when the Company achieves a $ 200 - Tranche 2: when the Company achieves a $ 300 - Tranche 3: when the Company achieves a $ 400 - Tranche 4: when the Company achieves a $ 500 - Tranche 5: when the Company achieves a $ 600 - Tranche 6: when the Company achieves a $ 700 - Tranche 7: when the Company achieves a $ 1.0 In accordance with FASB ASC 815, these RSU awards were classified as a liability, measured at fair value through profit or loss, and compensation expense is recognized over the expected term. As at September 30, 2023, the grant date fair value of these awards was $ 2,517,300 513,757 40,533 As at December 31, 2023, Tranche 3, Tranche 4, Tranche 5, Tranche 6 and Tranche 7 remain outstanding and unvested, and the total fair value of these restricted stock awards outstanding was $ 1,550,576 0 72.3 89.3 4.79 5.41 3 months and 12 months based on historical volatilities of the securities of the Company and its trading peers, and the risk-free interest rates were determined based on the prevailing rates at the grant date for U.S. Treasury Bonds with a term equal to the expected term of the award being valued.

DEFERRED CONSIDERATION FROM ROY

DEFERRED CONSIDERATION FROM ROYALTIES SOLD	12 Months Ended
	Dec. 31, 2023
Deferred Consideration From Royalties Sold
DEFERRED CONSIDERATION FROM ROYALTIES SOLD	NOTE 3 – DEFERRED CONSIDERATION FROM ROYALTIES SOLD On May 2, 2023, the Company and Atlas Litio Brasil Ltda. (the “Company Subsidiary”), entered into a Royalty Purchase Agreement (the “Purchase Agreement”) with Lithium Royalty Corp., a Canadian company listed on the Toronto Stock Exchange (“LRC”). The transaction contemplated under the Purchase Agreement closed simultaneously on May 2, 2023, whereby the Company Subsidiary sold to LRC in consideration for $ 20,000,000 3 For the transaction above the Company agreed with the intermediary to issue 72,995 7 20,000,000 1,400,000 On the same day, the Company Subsidiary and LRC entered into a Gross Revenue Royalty Agreement (the “Royalty Agreement”) pursuant to which the Company Subsidiary granted LRC the Royalty and undertook to calculate and make royalty payment on a quarterly basis commencing from the first receipt of the sales proceeds with respect to the products from the Property. The Royalty Agreement contains other customary terms, including but not limited to, the scope of the gross revenue, the Company Subsidiary’s right to determine operations, and LRC’s information and audit rights. Under the Royalty Agreement, the Company Subsidiary also granted LRC an option to purchase additional royalty interest with respect to certain additional Brazilian mineral rights and properties on the same terms and conditions as the Royalty, at a total purchase price of $ 5,000,000

OTHER NONCURRENT LIABILITIES

OTHER NONCURRENT LIABILITIES	12 Months Ended
	Dec. 31, 2023
Other Liabilities Disclosure [Abstract]
OTHER NONCURRENT LIABILITIES	NOTE 4 – OTHER NONCURRENT LIABILITIES Other noncurrent liabilities are comprised solely of social contributions and other employee-related costs at our operating subsidiaries located in Brazil. The balance of these employee related costs as of December 31, 2023 and 2022 amounted to $ 58,579 and $ 78,964

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 5 – STOCKHOLDERS’ EQUITY Authorized Stock and Amendments On July 18, 2022, the board of directors of the Company (the “Board of Directors” or “Board”) adopted resolutions to effect a reverse stock split of the Company’s issued and outstanding shares of common stock at a ratio of 1-for-750 On December 20, 2022, the Company filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of the State of Nevada (“SOS”) that was intended to effect the Originally Intended Reverse Stock Split (the “Original Articles Amendment”). In April 2023, the Board of Directors determined (i) that the Original Articles Amendment inaccurately stated that the Originally Intended Reverse Stock Split was obtained by a stockholder vote under NRS 78.390, while approval of the stockholders was required under NRS 78.2055, with the holders of common stock voting as a separate class; and (ii) that the Original Articles Amendment was a nullity in that, under Nevada law, filing an amendment to articles of incorporation is not necessary to effectuate a reverse stock split. As a result, the Board of Directors determined that it would be in the best interest of the Company to take corrective action to remedy the inaccuracy and to file the documents that would have been necessary to effectuate a 1-for-750 Pursuant to the action of the Company’s board of directors by unanimous written consent on April 21, 2023, the board of directors authorized and approved (i) the Certificate of Correction to correct the Original Articles Amendment (the “Certificate of Correction”), and (ii) the Certificate of Change Pursuant to NRS 78.209 (the “Certificate of Change”) including the Certificate of Validation of the Certificate of Change (the “Change Validation Certificate”) in order to decrease the number of shares of the Company’s issued and outstanding shares of common stock and correspondingly decrease the number of authorized shares of common stock, each at a ratio of 1-for-750 To carry out the original intent of the Originally Intended Reverse Stock Split and in light of the correction, ratification and validation of the Rectified Reverse Stock Split as described above, the Company’s Board of Directors and the Majority Stockholder approved on April 21, 2023 the Authorized Capital Increase Amendment to increase the authorized number of shares of common stock from 5,333,334 4,000,000,000 Further, the Board of Directors determined that it was advisable and in the best interests of the Company to amend and restate the Company’s articles of incorporation (as amended to date, the “Current Articles”) to decrease the number of shares of authorized common stock to two hundred million ( 200,000,000 The foregoing corporate actions were disclosed in the Definitive Information Statement on Schedule 14C (the “Information Statement”) filed by the Company with the Commission on May 2, 2023. As also contemplated in the Information Statement, on May 25, 2023, the Company also filed with the SOS a Certificate of Withdrawal of Designation of the Series B Convertible Preferred Stock and the Certificate of Withdrawal of Designation of the Series C Convertible Preferred (collectively, the “Certificates of Withdrawal”). The filings of the Certificates of Withdrawals were effective as of May 25, 2023. As of December 31, 2022, the Company had 4,000,000,000 0.001 the Company’s Majority Stockholder, entitled to 51% of the voting power of the Company’s issued and outstanding voting stock 200,000,000 200,000,000 0.001 Reverse Stock Split In connection with the Originally Intended Reverse Stock Split, as corrected by the Rectified Reverse Stock Split, the Company effectuated as of December 20, 2022 a reverse stock split of our issued and outstanding shares of common stock at a ratio of 1-for-750 (the “Reverse Stock Split”). Following the Reverse Stock Split, each 750 shares of our issued and outstanding shares of common stock were automatically converted into one issued and outstanding share of common stock, without any change in par value per share Series A Preferred Stock On December 18, 2012, the Company filed with the Nevada Secretary of State a Certificate of Designations, Preferences and Rights of Series A Convertible Preferred Stock (“Series A Stock”) to designate one share of a new series of preferred stock. The Certificate of Designations, Preferences and Rights of Series A Convertible Preferred Stock provides that for so long as Series A Stock is issued and outstanding, the holders of Series A Stock shall vote together as a single class with the holders of the Company’s common stock, with the holders of Series A Stock being entitled to 51% of the total votes on all such matters regardless of the actual number of shares of Series A Stock then outstanding, and the holders of common stock are entitled to their proportional share of the remaining 49% of the total votes based on their respective voting power. Series D Preferred Stock On September 16, 2021, the Company filed with the Nevada Secretary of State a Certificate of Designations, Preferences and Rights of Series D Convertible Preferred Stock (“Series D Stock”) to designate 1,000,000 10,000 Giving effect to the Reverse Stock Split discussed above, each share of Series D Stock is effectively convertible into 13 and 1/3 shares of common stock. Holders of the Series D Stock are not entitled to any liquidation preference over the holders of common stock and are entitled to any dividends or distributions declared by the Company on a pro rata basis Year Ended December 31, 2022, Transactions During the year ended December 31, 2022, the Company issued 832,439 3,901,524 116,959 1,000,000 Year Ended December 31, 2023, Transactions On January 9, 2023, the Company, entered into an underwriting agreement (the “Underwriting Agreement”) with EF Hutton, division of Benchmark Investments, LLC, as representative of the underwriters named therein (the “Representative”), pursuant to which the Company agreed to sell an aggregate of 675,000 6.00 101,250 The shares of common stock were offered by the Company pursuant to a registration statement on Form S-1, as amended (File No. 333-262399) filed with the Commission and declared effective on January 9, 2023 (the “Registration Statement”). The consummation of the Offering took place on January 12, 2023 (the “Closing”). In connection with the Closing, the Company issued to the Representative, and/or its permitted designees, as a portion of the underwriting compensation payable to the Representative, warrants to purchase an aggregate of 33,750 5 7.50 125 4,657,500 The Company previously reported it was acquiring five mineral rights totaling 1,090.88 45.77 ● Payment of $ 400,000 ● issuance of $ 750,000 On January 30, 2023, the company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with two investors (the “Investors”), pursuant to which the Company agreed to issue and sell to the Investors in a Regulation S private placement (the “Private Placement”) an aggregate of 640,000 6.25 4,000,000 On November 29, 2023 the company entered into two securities purchase agreements (the “ Purchase Agreements Investors 167,954 0.001 Registered Shares Registered Offering 29.77 9.9 Additionally, during the twelve months ended December 31, 2023, the Company sold an aggregate of 192,817 1,675,797 On May 26, 2023, our CEO and Chairman, Mr. Marc Fogassa, elected to convert 214,006 2,853,413 Private Placement On July 18, 2023, the Company consummated a transaction with four investors, pursuant to which the Company agreed to issue and sell to the Investors in a Regulation S private placement an aggregate of 526,317 0.001 19.00 10,000,023 2023 Stock Incentive Plan On May 25, 2023, the Board approved the 2023 Stock Incentive Plan (the “Plan”) which enables the grant of stock options, stock appreciation rights, restricted stock, performance shares, stock unit awards, other stock-based awards, and performance-based cash awards, each of which may be granted separately or in tandem with other awards. The number of shares of Company’s common stock issuable pursuant to Plan will be equal to 2,000,000 Common Stock Options During the years ended December 31, 2023 and 2022, the Company granted options to purchase common stock to officers, consultants and non-management directors. The options were valued using the Black-Scholes option pricing model with the following ranges of assumptions: SCHEDULE OF BLACK-SCHOLES OPTION PRICING MODEL December 31, 2023 December 31, 2022 Expected volatility 103.60 104.80 % 216.34 354.13 % Risk-free interest rate 3.40 3.82 % 1.44 2.56 % Stock price on date of grant $ 7.22 19.75 $ 0.75 6.4125 Dividend yield 0.00 % 0.00 % Expected term 1.5 5 Changes in common stock options for the years ended December 31, 2023 and 2022 were as follows: SCHEDULE OF COMMON STOCK OUTSTANDING Number of Options Outstanding and Vested Weighted Average Exercise Price Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 178,672 $ 0.1219 1.55 $ 1,228,972 Issued (1) 80,000 13.50 Exercised (2) (207,141 ) 1.4151 Expired (864 ) 0.7500 Outstanding and vested, 50,667 $ 15.9474 2.40 $ 776,864 Number of Options Outstanding and Vested Weighted Average Exercise Price Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 6,546 $ 8.2500 2.74 $ 19,675 Issued (3) 174,697 0.1063 Expired (2,571 ) 19.7541 Outstanding and vested, 178,672 $ 0.1219 1.55 $ 1,228,972 1) In the year ended December 31, 2023, 80,000 446,726 2) In the year ended December 31, 2023, common stock option holders exercised a total 207,141 1.4151 206,599 281,134 542 206,599 3) In the year ended December 31, 2022, 174,697 58,685 During year ended December 31, 2023, the Company recorded $ 446,726 58,685 Series D Preferred Stock Options During the years ended December 31, 2023 and 2022, the Company granted options to purchase series D stock to directors of the Company. All Series D preferred stock options granted vested immediately at the grant date and were exercisable for a period of ten years from the date of issuance. The options were valued using the Black-Scholes option pricing model with the following ranges of assumptions: SCHEDULE OF OPTIONS FAIR VALUE ASSUMPTIONS December 31, 2023 December 31, 2022 Expected volatility 135.81 154.32 % 216.55 290.40 % Risk-free interest rate 3.42 4.73 % 1.51 4.05 % Stock price on date of grant $ 7.0000 38.8900 $ 4.7250 12.3750 Dividend yield 0.00 % 0.00 % Expected term 5 10 Changes in Series D preferred stock options for the years ended December 31, 2023 and 2022 were as follows: SCHEDULE OF PREFERRED STOCK Number of Options Outstanding and Vested Weighted Average Exercise Price(a) Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 72,000 $ 0.10 8.94 $ 6,712,800 Issued (1) 36,000 0.10 Exercised (2) (108,000 ) 0.10 Outstanding and vested, - $ - - $ - Number of Options Outstanding and Vested Weighted Average Exercise Price(a) Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 36,000 $ 0.10 9.44 $ 2,732,400 Issued (3) 36,000 0.10 Outstanding and vested, 72,000 $ 0.10 8.94 $ 6,712,800 (a) Represents the exercise price required to purchase one share of Series D Stock, which is convertible into 13 1) In the year ended December 31, 2023, 36,000 2,507,766 2) In the year ended December 31, 2023, Series D preferred stock option holders exercised a total 108,000 0.10 108,000 10,800 108,000 108,000 1,439,996 3) In the year ended December 31, 2022, 36,000 854,946 During year ended December 31, 2023, the Company recorded $ 2,507,766 854,946 As at December 31, 2023, there are no no Common Stock Purchase Warrants Stock purchase warrants are accounted for as equity in accordance with ASC 480, Accounting for Derivative Financial Instruments Indexed to, and Potentially Settled in, a Company’s Own Stock, Distinguishing Liabilities from Equity During the years ended December 31, 2023 and 2022, the Company issued common stock purchase warrants to investors, finders and brokers in connection with the Company’s equity financings. All warrants vest within 180 days from issuance and are exercisable for a period of one to five years from the date of issuance. The common stock purchase warrants were valued using the Black-Scholes option pricing model with the following ranges of assumptions: SCHEDULE OF WARRANT ASSUMPTION December 31, 2023 December 31, 2022 Expected volatility 101.39 127.17 % 188.48 197.45 % Risk-free interest rate 3.43 3.83 % 2.79 3.79 % Stock price on date of grant $ 8.10 20.28 $ 7.5750 12.6750 Dividend yield 0.00 % 0.00 % Expected term 1.5 5 2.0 3.3 Changes in common stock purchase warrants for the years ended December 31, 2023 and 2022 were as follows: SCHEDULE OF WARRANT ACTIVITY Number of Warrants Outstanding and Vested Weighted Average Exercise Price Weighted Average Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, January 1, 2023 321,759 $ 12.8634 1.30 $ - Warrants issued (1) 241,446 8.5677 Warrants exercised (2) (507,444 ) 8.2857 Outstanding and vested, December 31, 2023 55,761 $ 10.6087 1.34 $ 1,152,654 Number of Warrants Outstanding and Vested Weighted Average Exercise Price Weighted Average Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, January 1, 2022 406,270 $ 11.4750 1.97 $ - Warrants issued (3) 69,730 5.1090 Warrants exercised (4) (154,230 ) 5.7008 Outstanding and vested, December 31, 2022 321,770 $ 12.8634 1.30 $ - 1) The warrants issued in the year ended December 31, 2023 had a total grant date fair value of $ 2,158,116 2) During the year ended December 31, 2023, warrant holders exercised a total 507,444 446,948 5.1085 15.00 1,774,608 60,496 446,948 3) The warrants issued in the year ended December 31, 2022 had a total grant date fair value of $ 853,397 4) During the year ended December 31, 2022, warrant holders exercised a total 154,230 135,631 4.3125 8.025 600,159 18,610 135,631 During year ended December 31, 2023, the Company recorded the following as a result of the Company’s common stock purchase warrants: (i) $ 1,961,661 196,454 853,397 nil During the year ended December 31, 2023, the Company granted RSUs to certain officers, consultants and directors of the Company. The RSUs were granted with varying vesting conditions as tailored to each recipient. Each RSU is redeemable for one share of the Company’s Common Stock immediately upon vesting. The RSUs granted with immediate-vesting, time-vesting, and performance-vesting conditions were as follows: 1) 204,904 2) 88,653 3) 226,364 71,405 69,405 54,404 31,150 4) 623,000 These RSUs granted with immediate-vesting, time-vesting, and performance-vesting conditions were issued with a total grant date fair value of $ 23,037,701 849,340 22,188,361 During the year ended December 31, 2023, the Company granted RSUs with market-vesting conditions as follows: 1) 77,000 500 2 2) A quantity of RSUs which shall vest in seven individual tranches equivalent to 0.20 1.4 200 1 These RSUs with market-vesting conditions were issued with a total grant date fair value of $ 3,068,763 with the following ranges of assumptions: the Company’s stock price on the grant dates ($ 23.81 30.61 0 82.80 102.49 5.09 5.53 6 3 based on historical volatilities of the securities of the Company and its trading peers, and the risk-free interest rates were determined based on the prevailing rates at the grant date for U.S. Treasury Bonds with a term equal to the expected term of the award being valued. During year ended December 31, 2023, the Company recorded the following as a result of the Company’s RSU activity: (i) 220,437 nil 9,926,951 nil 1,167,652 115,653 1,051,999 513,756 nil nil

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6 – COMMITMENTS AND CONTINGENCIES The following table summarizes certain of Atlas’s contractual obligations at December 31, 2023 (in thousands): SCHEDULE OF CONTRACTUAL OBLIGATIONS Total Less than 1 Year 1-3 Years 3-5 Years More than 5 Years Lithium processing plant construction (1) $ 7,680,785 $ 7,680,785 $ - $ - $ - Land Acquisition (2) 3,119,099 3,119,099 - - - Total 10,799,884 10,799,884 - - - (1) Lithium processing plant construction are related to agreements with suppliers contracted for the construction of the processing plant, with the majority of payments due upon delivery. (2) land acquisition related to the land purchase agreements on the lithium valley (3) Please see commitments related to Leases in Note 2.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 7 - RELATED PARTY TRANSACTIONS The related party transactions are recorded at the exchange amount transacted as agreed between the Company and the related party. All the related party transactions have been reviewed and approved by the board of directors. The Company’s related parties include: SCHEDULE OF RELATED PARTIES Martin Rowley Martin Rowley is a senior advisor to the Company. In 2023, the Company entered into a Convertible Note Purchase Agreement with Martin Rowley relating to the issuance to Martin Rowley along with other experienced lithium investors. Martin Rowley is the father of Nick Rowley, the Company’s VP Business Development . Jaeger Investments Pty Ltd Jaeger Investments Pty Ltd is a corporation in which senior advisor, Martin Rowley, is a controlling shareholder. RTEK International DMCC RTEK International DMCC is a corporation in which the VP Business Development of the Company, Nick Rowley, and Brian Talbot, our Chief Operating Officer effective on April 1, 2024 are controlling shareholders . Shenzhen Chengxin Lithium Group Co., Ltd Shenzhen Chengxin Lithium Group Co., Ltd is a non-controlling shareholder Sichuan Yahua Industrial Group Co., Ltd Sichuan Yahua Industrial Group Co., Ltd, is a non-controlling shareholder Technical Services Agreement: The Company entered into an independent consultant service agreement with RTEK International. Convertible Note Purchase Agreement: The Company entered into a Convertible Note Purchase Agreement with Martin Rowley relating to the issuance to Martin Rowley along with other experienced lithium investors of convertible promissory notes with an aggregate total principal amount of $ 10.0 6.5 Offtake and Sales Agreements: In 2023 the Company entered into Offtake and Sales Agreements with each of Sichuan Yahua Industrial Group Co., Ltd. and Sheng Wei Zhi Yuan International Limited. a subsidiary of Shenzhen Chengxin Lithium Group Co., Ltd., pursuant to which the Seller agreed, for a period of five ( 5 60,000 10 5.0 29.77 20.0 The related parties outstanding amounts and expenses at the year ending December 31, 2023 and 2022 are shown below: SCHEDULE OF RELATED PARTIES OUTSTANDING AMOUNT AND EXPENSES December 31, 2023 December 31, 2022 Accounts Payable / Debt Expenses / Payments Accounts Payable / Debt Expenses / Payments RTEK International $ - $ 1,449,000 $ - $ - Jaeger Investments Pty Ltd. $ 1,954,145 $ 13,405 $ - $ - Total $ 1,954,145 $ 1,462,405 $ - $ - In the course of preparing consolidated financial statements, we eliminate the effects of various transactions conducted between Atlas and its subsidiaries and among the subsidiaries. Jupiter Gold Corporation During the year ended December 31, 2023, Jupiter Gold granted options to purchase an aggregate of 420,000 shares of its common stock to Marc Fogassa at prices ranging between $ 0.01 to $ 1.00 per share. The options were valued at $ 115,038 and recorded to stock-based compensation. The options were valued using the Black-Scholes option pricing model with the following average assumptions: the Company’s stock price on the date of the grant ($ 0.65 to $ 2.10 ), an illiquidity discount of 75 %, expected dividend yield of 0 %, historical volatility calculated between 268 % and 364 %, risk-free interest rate between a range of 3.42 % to 4.73 %, and an expected term between 5 and 10 years. During the year ended December 31, 2023, Marc Fogassa exercised a total 1,115,000 options at a $ 0.98 weighted average exercise price. These exercises were paid for with 386,420 options conceded in cashless exercises. As a result of the options exercised, the Company issued 728,580 shares of Jupiter Gold’s common stock to Marc Fogassa. As of December 31, 2023, an aggregate 1,210,000 Jupiter Gold common stock options were outstanding with a weighted average life of 8.22 years at an average exercise price of $ 0.043 and an aggregated intrinsic value of $ 1,041,300 . During 2023, the Company acquired 320,700 1.00 During the year ended December 31, 2022, Jupiter Gold granted options to purchase an aggregate of 420,000 0.01 1.00 103,707 0.58 1.25 75 0 97.3 225.8 1.51 3.5 5 10 1,905,000 4.74 0.57 1,077,050 Apollo Resource Corporation During the year ended December 31, 2023, Apollo Resources granted options to purchase an aggregate of 180,000 0.01 235,034 5.00 6.00 75 0 17.41 57.96 3.42 4.73 10 405,000 8.84 0.01 2,425,950 During 2023, the Company purchased 527,750 shares of Apollo Resource Corporation common stock at $ 5.98 per share. During the year ended December 31, 2022, Apollo Resources granted options to purchase an aggregate of 225,000 shares of its common stock to Marc Fogassa at a price of $ 0.01 per share. The options were valued at $ 331,858 and recorded to stock-based compensation. The options were valued using the Black-Scholes option pricing model with the following average assumptions: the Company’s stock price on the date of the grant ($ 4.00 to $ 5.00 ), an illiquidity discount of 75 %, expected dividend yield of 0 %, historical volatility calculated between 49.2 % and 58.01 %, risk-free interest rate between a range of 1.51 % to 3.5 %, and an expected term of 10 years. As of December 31, 2022, an aggregate 225,000 Apollo Resources common stock options were outstanding with a weighted average life of 9.33 years at an average exercise price of $ 0.01 and an aggregated intrinsic value of $ 1,125,000 . The related party transactions are recorded at the exchange amount transacted as agreed between the Company and the related party. All the related party transactions have been reviewed and approved by the board of directors.

RISKS AND UNCERTAINTIES

RISKS AND UNCERTAINTIES	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
RISKS AND UNCERTAINTIES	NOTE 8 – RISKS AND UNCERTAINTIES Currency Risk The Company operates primarily in Brazil which exposes it to currency risks. The Company’s business activities may generate intercompany receivables or payables that are in a currency other than the functional currency of the entity. Changes in exchange rates from the time the activity occurs to the time payments are made may result in the Company receiving either more or less in local currency than the local currency equivalent at the time of the original activity. The Company’s consolidated financial statements are denominated in U.S. dollars. Accordingly, changes in exchange rates between the applicable foreign currency and the U.S. dollar affect the translation of each foreign subsidiary’s financial results into U.S. dollars for purposes of reporting in the consolidated financial statements. The Company’s foreign subsidiaries translate their financial results from the local currency into U.S. dollars in the following manner: (a) income statement accounts are translated at average exchange rates for the period; (b) balance sheet asset and liability accounts are translated at end of period exchange rates; and (c) equity accounts are translated at historical exchange rates. Translation in this manner affects the shareholders’ equity account referred to as the foreign currency translation adjustment account. This account exists only in the foreign subsidiaries’ U.S. dollar balance sheets and is necessary to keep the foreign subsidiaries’ balance sheets in agreement.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9 - SUBSEQUENT EVENTS None In accordance with FASB ASC 855-10 Subsequent Events, the Company has analyzed its operations subsequent to December 31, 2023.

ORGANIZATION, BUSINESS AND SU_2

ORGANIZATION, BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	Organization and Description of Business Atlas Lithium Corporation (together with its subsidiaries “Atlas Lithium.” the “Company”, “the Registrant”, “we”, “us”, or “our”) was incorporated under the laws of the State of Nevada, on December 15, 2011. The Company changed its management and business on December 18, 2012, to focus on mineral exploration in Brazil.
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and are expressed in United States dollars. For the years ended December 31, 2023 and 2022, the consolidated financial statements include the accounts of the Company; its 99.9 ; 58.71 27.42 All material intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results may differ from those estimates.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Standards Updates Adopted In March 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-04 (“ASU 2020-04”), Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides optional guidance for a limited period of time to ease the potential burden on accounting for contract modifications caused by reference rate reform. In January 2021, ASU 2021-01, Reference Rate Reform (Topic 848): Scope was issued which broadened the scope of ASU 2020-04 to include certain derivative instruments. In December 2022, ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848, was issued which deferred the sunset date of ASU 2020-04. The guidance is effective for all entities as of March 12, 2020 through December 31, 2024. The guidance may be adopted over time as reference rate reform activities occur and should be applied on a prospective basis. There have been no significant effects that may impact its financial statements and we do not believe that there are any other new pronouncements that have been issued that might have a material impact on its financial position or results of operations. Accounting Standards Updates to Become Effective in Future Period In August 2023, the FASB issued ASU 2023-05, Business Combinations - Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement, which clarifies the business combination accounting for joint venture formations. The amendments in the ASU seek to reduce diversity in practice that has resulted from a lack of authoritative guidance regarding the accounting for the formation of joint ventures in separate financial statements. The amendments also seek to clarify the initial measurement of joint venture net assets, including businesses contributed to a joint venture. The guidance is applicable to all entities involved in the formation of a joint venture. The amendments are effective for all joint venture formations with a formation date on or after January 1, 2025. Early adoption and retrospective application of the amendments are permitted. We do not expect adoption of the new guidance to have a material impact on our consolidated financial statements and disclosures. In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, amending reportable segment disclosure requirements to include disclosure of incremental segment information on an annual and interim basis. Among the disclosure enhancements are new disclosures regarding significant segment expenses that are regularly provided to the chief operating decision-maker and included within each reported measure of segment profit or loss, as well as other segment items bridging segment revenue to each reported measure of segment profit or loss. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024, and are applied retrospectively. Early adoption is permitted. We are currently evaluating the impact of this update on our consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvement to Income Tax Disclosures, amending income tax disclosure requirements for the effective tax rate reconciliation and income taxes paid. The amendments in ASU 2023-09 are effective for fiscal years beginning after December 15, 2024 and are applied prospectively. Early adoption and retrospective application of the amendments are permitted. We are currently evaluating the impact of this update on our consolidated financial statements and disclosures.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows the guidance of Accounting Standards Codification (“ASC”) Topic 820 – Fair Value Measurement and Disclosure. Fair value is defined as the exit price, or the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants as of the measurement date. The guidance also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of our Company. Unobservable inputs are inputs that reflect our Company’s assumptions about the factors market participants would use in valuing the asset or liability. The guidance establishes three levels of inputs that may be used to measure fair value: Level 1. Observable inputs such as quoted prices in active markets. Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. As of December 31, 2023, and 2022, the Company’s derivative liabilities were considered a level 2 liability. See Note 2 for a discussion regarding the determination of the fair market value. The Company does not have any level 3 assets or liabilities. The Company’s financial instruments consist of cash and cash equivalents, accounts receivable, taxes recoverable, prepaid and other current assets, accounts payable, debt, related party notes and other payables, derivative instruments, other noncurrent liabilities and accrued expenses. The carrying amount of these financial instruments approximates fair value due to either length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these consolidated financial statements.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents to the extent that the funds are not being held for investment purposes. The Company’s bank accounts are deposited in FDIC insured institutions. Funds held in U.S. banks are insured up to $ 250,000 250,000 51,639
Accounts Receivable	Accounts Receivable Accounts receivable are customer obligations due under normal trade terms which are recorded at net realizable value. The Company establishes an allowance for doubtful accounts based on management’s assessment of the collectability of trade receivables. A considerable amount of judgment is required in assessing the amount of the allowance. The Company makes judgments about the creditworthiness of each customer based on ongoing credit evaluations and monitors current economic trends that might impact the level of credit losses in the future. If the financial condition of the customers were to deteriorate, resulting in their inability to make payments, a specific allowance will be required. Recovery of bad debt amounts previously written off is recorded as a reduction of bad debt expense in the period the payment is collected. If the Company’s actual collection experience changes, revisions to its allowance may be required. After all attempts to collect a receivable have failed, the receivable is written off against the allowance.
Taxes Receivable	Taxes Receivable The Company records a receivable for value added taxes receivable from Brazilian authorities on goods and services purchased by its Brazilian subsidiaries. These taxes are recoverable through various methods, including via cash refund or as a credit against payroll, supplier withholding taxes, or other taxes payable.
Property and Equipment	Property and Equipment Property and equipment are stated at cost, net of accumulated depreciation. Major improvements and betterments are capitalized. Maintenance and repairs are expensed as incurred. Depreciation is computed using the straight-line method over the estimated useful life. At the time of retirement or other disposition of property and equipment, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in the statements of operations as other gain or loss, net. The processing plant and other machinery are depreciated over an estimated useful life of ten years five years five years
Intangible Assets	Intangible Assets
Mineral Properties and Mineral rights	Mineral Properties and Mineral rights Costs of exploration, carrying and retaining unproven mineral lease properties are expensed as incurred. Mineral property acquisition costs, including licenses and lease payments, are capitalized. Although the Company has taken steps to verify title to mineral properties in which it has an interest, these procedures do not guarantee the Company’s rights. Such properties may be subject to prior agreements or transfers and title may be affected by undetected defects. Impairment losses are recorded on mineral properties used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amount. As of December 31, 2023 and 2022, the Company did not recognize any impairment losses related to mineral properties held.
Other Intangible Assets	Other Intangible Assets For intangible assets purchased in a business combination, the estimated fair values of the assets received are used to establish their recorded values. For intangible assets acquired in a non-monetary exchange, the estimated fair values of the assets transferred (or the estimated fair values of the assets received, if more clearly evident) are used to establish their recorded values, unless the values of neither the assets received nor the assets transferred are determinable within reasonable limits, in which case the assets received are measured based on the carrying values of the assets transferred. Valuation techniques consistent with the market approach, income approach and/or cost approach are used to measure fair value. Intangible assets consist of mineral rights awarded by the Brazilian national mining department and held by the Company’s subsidiaries.
Impairment of Intangible Assets with Indefinite Useful Lives	Impairment of Intangible Assets with Indefinite Useful Lives The Company accounts for intangible assets in accordance with Accounting Standards Codification (“ASC”) 350, Intangibles – Goodwill and Other (“ASC 350”). ASC 350 requires that intangible assets with indefinite useful lives no longer be amortized, but instead be evaluated for impairment at least annually. On an annual basis, in the fourth quarter of the fiscal year, management reviews intangible assets with indefinite useful lives for impairment by first assessing qualitative factors to determine whether the existence of events or circumstances makes it more-likely-than-not that the fair value of an intangible asset is less than its carrying amount. If it is determined that it is more-likely-than-not that the fair value of an intangible asset is less than its carrying amount, the intangible asset is further tested for impairment by comparing the carrying amount to its estimated fair value using a discounted cash flow. Impairment, if any, is measured as the amount by which an indefinite-lived intangible asset’s carrying amount exceeds its fair value. Application of impairment tests requires significant management judgment, including the determination of fair value of each indefinite-lived intangible asset. Judgment applied when performing the qualitative analysis includes consideration of macroeconomic, industry and market conditions, overall financial performance of the entity, composition, or strategy changes affecting the recoverability of asset groups. Judgments applied when performing the quantitative analysis includes estimating future cash flows, determining appropriate discount rates and making other assumptions. Changes in these judgments, estimates and assumptions could materially affect the determination of fair value for each indefinite-lived intangible asset.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets For long-lived assets, such as property and equipment and intangible assets subject to amortization, the Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.
Variable Interest Entities	Variable Interest Entities The Company determines at the inception of each arrangement whether an entity in which the Company holds an investment or in which the Company has other variable interests in is considered a variable interest entity. The Company consolidates VIEs when it is the primary beneficiary. The primary beneficiary of a VIE is the party that meets both of the following criteria: (1) has the power to make decisions that most significantly affect the economic performance of the VIE; and (2) has the obligation to absorb losses or the right to receive benefits that in either case could potentially be significant to the VIE. Periodically, the Company assesses whether any changes in the interest or relationship with the entity affect the determination of whether the entity is still a VIE and, if so, whether the Company is the primary beneficiary. If the Company is not the primary beneficiary in a VIE, the Company accounts for the investment under the equity method or cost method in accordance with the applicable GAAP. The Company has concluded that Apollo Resources, Jupiter Gold and their subsidiaries are VIEs in accordance with applicable accounting standards and guidance; and although the operations of Apollo Resources and Jupiter Gold are independent of the Company, through governance rights, the Company has the power to direct the activities that are most significant to Apollo Resources and Jupiter Gold. Therefore, the Company concluded that it is the primary beneficiary of both Apollo Resources and Jupiter Gold.
Revenue Recognition	Revenue Recognition The Company recognizes revenue under ASC Topic 606, Revenue from Contracts with Customers (“ASC 606”). The core principle of the new revenue standard is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The following five steps are applied to achieve that core principle: ● Step 1: Identify the contract with the customer ● Step 2: Identify the performance obligations in the contract ● Step 3: Determine the transaction price ● Step 4: Allocate the transaction price to the performance obligations in the contract ● Step 5: Recognize revenue when the company satisfies a performance obligation In order to identify the performance obligations in a contract with a customer, a company must assess the promised goods or services in the contract and identify each promised good or service that is distinct. A performance obligation meets ASC 606’s definition of a “distinct” good or service (or bundle of goods or services) if both of the following criteria are met: ● The customer can benefit from the good or service either on its own or together with other resources that are readily available to the customer ● The entity’s promise to transfer the good or service to the customer is separately identifiable from other promises in the contract (i.e., If a good or service is not distinct, the good or service is combined with other promised goods or services until a bundle of goods or services is identified that is distinct. The transaction price is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer. The consideration promised in a contract with a customer may include fixed amounts, variable amounts, or both. When determining the transaction price, an entity must consider the effects of all of the following: ● Variable consideration ● Constraining estimates of variable consideration ● The existence of a significant financing component in the contract ● Non-cash consideration ● Consideration payable to a customer Variable consideration is included in the transaction price only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is subsequently resolved. The transaction price is allocated to each performance obligation on a relative standalone selling price basis. The transaction price allocated to each performance obligation is recognized when that performance obligation is satisfied, at a point in time or over time as appropriate.
Costs of Goods Sold	Costs of Goods Sold Included within costs of goods sold are costs of production such as diesel fuel, labor, and transportation.
Stock-Based Compensation	Stock-Based Compensation The Company measures and records stock-based compensation expense in accordance with ASC Topic 718 for share-based payments related to stock options, restricted stock, and performance-based awards granted to certain directors, employees and consultants. ASC 718 requires companies to measure compensation cost for stock-based employee compensation at fair value at the grant date and recognize the expense over the employee’s requisite service period. Under ASC 718, volatility is based on the historical volatility of our stock or the expected volatility of the stock of similar companies. The expected life assumption is primarily based on historical exercise patterns and employee post-vesting termination behavior. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of grant. The fair value of stock options and performance awards without a market condition is estimated, at the date of grant, using the Black-Scholes option-pricing model. The fair value of restricted stock awards and stock options with a market condition is estimated, at the date of grant, using the Monte Carlo Simulation model. The fair value of restricted stock awards with a required lock-up period without a market condition is estimated at the date of grant, using the Hull-White Lattice (binomial) model. The Black-Scholes, Monte Carlo Simulation, and Hull-White Lattice valuation models incorporate assumptions as to stock price volatility, the expected life of options or awards, a risk-free interest rate, illiquidity discount, and dividend yield. In valuing our stock options, significant judgment is required in determining the expected volatility of our common stock and the expected life that individuals will hold their stock options prior to exercising. Expected volatility for stock options is based on the historical and implied volatility of the Company’s common stock while the volatility for restricted stock awards with a market condition is based on the historical volatility of the Company’s own stock and the stock of companies within our defined peer group. Because changes in the subjective assumptions can materially affect the estimated value of our employee stock options, it is management’s opinion that the valuation models may not provide an accurate measure of the fair value of our stock options, restricted stock and performance-based awards. Although the fair value of stock options and restricted stock awards is determined in accordance with ASC Topic 718, that value may not be indicative of the fair value observed in a willing buyer/willing seller market transaction.
Debt	Debt In accordance with ASC 470, Debt
Derivative Instruments	Derivative Instruments The Company evaluates its convertible debt, warrants or other contracts to determine if those contracts or embedded components of those contracts qualify as derivatives to be separately accounted for in accordance with Topic 480 of the FASB ASC and Topic 815 of the FASB Accounting Standards Codification. The result of this accounting treatment is that the fair value of the embedded derivative, if required to be bifurcated, is marked-to-market at each balance sheet date and recorded as a liability. The change in fair value is recorded in the Statement of Operations as a component of other income or expense. Upon conversion or exercise of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. In circumstances where the embedded conversion option in a convertible instrument is required to be bifurcated and there are also other embedded derivative instruments in the convertible instrument that are required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period. Equity instruments that are initially classified as equity that become subject to reclassification are reclassified to liability at the fair value of the instrument on the reclassification date. Derivative instrument liabilities will be classified in the balance sheet as current or non-current based on whether net-cash settlement of the derivative instrument is expected within 12 months of the balance sheet date.
Foreign Currency	Foreign Currency The Company’s foreign subsidiaries use a local currency as the functional currency. Resulting translation gains or losses are recognized as a component of accumulated other comprehensive income. Transaction gains or losses related to balances denominated in a currency other than the functional currency are recognized in the consolidated statements of operations. Net foreign currency transaction losses included in the Company’s consolidated statements of operations were negligible for all periods presented.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes. ASC 740 requires a company to use the asset and liability method of accounting for income taxes, whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of, the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. As of December 31, 2023 and 2022, the Company’s deferred tax assets had a full valuation allowance. Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% On December 22, 2017, the United States enacted the Tax Cuts and Jobs Act (“TCJA”), which instituted fundamental changes to the taxation of multinational corporations, including a reduction the U.S. corporate income tax rate to 21 The TCJA also requires a one-time transition tax on the mandatory deemed repatriation of the cumulative earnings of certain of the Company’s foreign subsidiaries as of December 31, 2017. To determine the amount of this transition tax, the Company must determine the amount of earnings generated since inception by the relevant foreign subsidiaries, as well as the amount of non-U.S. income taxes paid on such earnings, in addition to potentially other factors. The Company believes that no such tax will be due since its Brazilian subsidiaries have, when required, paid taxes locally and that they have incurred a cumulative operating deficit since inception.
Basic Income (Loss) Per Share	Basic Income (Loss) Per Share The Company computes loss per share in accordance with ASC Topic 260, Earnings per Share, which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. As of December 31, 2023, if all holders of preferred stock, options and warrants exercised their right to convert their securities to common stock, the common stock issuable would be in excess of the Company’s authorized, but unissued shares of common stock.
Other Comprehensive Income	Other Comprehensive Income Other comprehensive income is defined as the change in equity of a business enterprise during a period from transactions and other events and circumstances from non-owner sources, other than net income and including foreign currency translation adjustments.
Reclassifications	Reclassifications Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings (loss) or financial position. adoption will have on its consolidated financial statements.

COMPOSITION OF CERTAIN FINANC_2

COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Tables)	12 Months Ended
	Dec. 31, 2023
Offsetting Assets [Line Items]
SCHEDULE OF PROPERTY AND EQUIPMENT	The following table sets forth the components of the Company’s property and equipment at December 31, 2023 and 2022: SCHEDULE OF PROPERTY AND EQUIPMENT December 31, 2023 December 31, 2022 Accumulated Net Book Accumulated Net Book Cost Depreciation Value Cost Depreciation Value Capital assets subject to depreciation: Computers and office equipment $ - $ - $ - $ 571 $ (571 ) $ - Machinery and equipment - - - 419,498 (362,140 ) 57,358 Vehicles - - - 80,139 (79,021 ) 1,118 Land 361,674 - 361,674 159,074 - 159,074 Prepaid Assets (CIP) 6,046,061 - 6,046,061 - - - Total fixed assets $ 6,407,735 $ - $ 6,407,735 $ 659,282 $ (441,732 ) $ 217,550
SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES	Accounts Payable and Accrued Liabilities SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES December 31, 2023 December 31, 2022 Accounts payable and other accruals $ 3,406,864 $ 408,874 Mineral rights payable 1,080,783 2,367,600 Total $ 4,487,647 $ 2,776,474
SCHEDULE OF OPERATING LEASE LIABILITY	SCHEDULE OF OPERATING LEASE LIABILITY Lease liabilities at January 1, 2023 $ - Additions $ 466,887 Interest expense $ 5,025 Lease payments $ (20,507 ) Lease liabilities at December 31, 2023 $ 451,405 Current portion $ 114,994 Non-current portion $ 336,411
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS	The maturity of the lease liabilities (contractual undiscounted cash flows) is presented in the table below: SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS Less than one year $ 144,132 Year 2 $ 151,060 Year 3 $ 138,305 Year 4 $ 92,965 Total contractual undiscounted cash flows $ 526,462
SCHEDULE OF CONVERTIBLE DEBT	SCHEDULE OF CONVERTIBLE DEBT December 31, 2023 December 31, Due to Nanyang Investment Management Pte Ltd 5,862,434 - Due to Jaeger Investments Pty Ltd 1,954,145 - Due to Modha Reena Bhasker 977,072 - Due to Clipper Group Limited 977,072 - Total convertible debt $ 9,770,724 $ - Current portion $ 67,024 Non-current portion $ 9,703,700
SCHEDULE OF DERIVATIVE LIABILITIES	SCHEDULE OF DERIVATIVE LIABILITIES December 31, 2023 December 31, Derivative liability - conversion feature on the convertible debt 486,303 - Derivative liability - restricted stock awards 513,757 - Total derivative liabilities $ 1,000,060 $ -
SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION	SCHEDULE OF WARRANT ASSUMPTION December 31, 2023 December 31, 2022 Expected volatility 101.39 127.17 % 188.48 197.45 % Risk-free interest rate 3.43 3.83 % 2.79 3.79 % Stock price on date of grant $ 8.10 20.28 $ 7.5750 12.6750 Dividend yield 0.00 % 0.00 % Expected term 1.5 5 2.0 3.3
Embedded Derivative Financial Instruments [Member]
Offsetting Assets [Line Items]
SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION	On origination at November 7, 2023, the fair value of the embedded conversion feature was determined to be $ 311,695 SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION Value cap Value floor Measurement date November 7, 2023 November 7, 2023 Number of options 354,297 354,297 Stock price at fair value measurement date $ 22.8200 $ 22.8200 Exercise price $ 28.2250 $ 35.2813 Expected volatility 111.81 % 111.81 % Risk-free interest rate 4.64 % 4.64 % Dividend yield 0.00 % 0.00 % Expected term (years) 3.00 3.00 At December 31, 2023, the fair value of the embedded conversion feature was determined to be $ 486,304 Value cap Value floor Measurement date December 31, 2023 December 31, 2023 Number of options 354,297 354,297 Stock price at fair value measurement date $ 31.2800 $ 31.2800 Exercise price $ 28.2250 $ 35.2813 Expected volatility 99.42 % 99.42 % Risk-free interest rate 3.97 % 3.97 % Dividend yield 0.00 % 0.00 % Expected term (years) 2.85 2.85

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
SCHEDULE OF BLACK-SCHOLES OPTION PRICING MODEL	SCHEDULE OF BLACK-SCHOLES OPTION PRICING MODEL December 31, 2023 December 31, 2022 Expected volatility 103.60 104.80 % 216.34 354.13 % Risk-free interest rate 3.40 3.82 % 1.44 2.56 % Stock price on date of grant $ 7.22 19.75 $ 0.75 6.4125 Dividend yield 0.00 % 0.00 % Expected term 1.5 5
SCHEDULE OF COMMON STOCK OUTSTANDING	Changes in common stock options for the years ended December 31, 2023 and 2022 were as follows: SCHEDULE OF COMMON STOCK OUTSTANDING Number of Options Outstanding and Vested Weighted Average Exercise Price Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 178,672 $ 0.1219 1.55 $ 1,228,972 Issued (1) 80,000 13.50 Exercised (2) (207,141 ) 1.4151 Expired (864 ) 0.7500 Outstanding and vested, 50,667 $ 15.9474 2.40 $ 776,864 Number of Options Outstanding and Vested Weighted Average Exercise Price Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 6,546 $ 8.2500 2.74 $ 19,675 Issued (3) 174,697 0.1063 Expired (2,571 ) 19.7541 Outstanding and vested, 178,672 $ 0.1219 1.55 $ 1,228,972 1) In the year ended December 31, 2023, 80,000 446,726 2) In the year ended December 31, 2023, common stock option holders exercised a total 207,141 1.4151 206,599 281,134 542 206,599 3) In the year ended December 31, 2022, 174,697 58,685
SCHEDULE OF OPTIONS FAIR VALUE ASSUMPTIONS	SCHEDULE OF OPTIONS FAIR VALUE ASSUMPTIONS December 31, 2023 December 31, 2022 Expected volatility 135.81 154.32 % 216.55 290.40 % Risk-free interest rate 3.42 4.73 % 1.51 4.05 % Stock price on date of grant $ 7.0000 38.8900 $ 4.7250 12.3750 Dividend yield 0.00 % 0.00 % Expected term 5 10
SCHEDULE OF PREFERRED STOCK	Changes in Series D preferred stock options for the years ended December 31, 2023 and 2022 were as follows: SCHEDULE OF PREFERRED STOCK Number of Options Outstanding and Vested Weighted Average Exercise Price(a) Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 72,000 $ 0.10 8.94 $ 6,712,800 Issued (1) 36,000 0.10 Exercised (2) (108,000 ) 0.10 Outstanding and vested, - $ - - $ - Number of Options Outstanding and Vested Weighted Average Exercise Price(a) Remaining Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, 36,000 $ 0.10 9.44 $ 2,732,400 Issued (3) 36,000 0.10 Outstanding and vested, 72,000 $ 0.10 8.94 $ 6,712,800 (a) Represents the exercise price required to purchase one share of Series D Stock, which is convertible into 13 1) In the year ended December 31, 2023, 36,000 2,507,766 2) In the year ended December 31, 2023, Series D preferred stock option holders exercised a total 108,000 0.10 108,000 10,800 108,000 108,000 1,439,996 3) In the year ended December 31, 2022, 36,000 854,946
SCHEDULE OF WARRANT ASSUMPTION	SCHEDULE OF WARRANT ASSUMPTION December 31, 2023 December 31, 2022 Expected volatility 101.39 127.17 % 188.48 197.45 % Risk-free interest rate 3.43 3.83 % 2.79 3.79 % Stock price on date of grant $ 8.10 20.28 $ 7.5750 12.6750 Dividend yield 0.00 % 0.00 % Expected term 1.5 5 2.0 3.3
SCHEDULE OF WARRANT ACTIVITY	Changes in common stock purchase warrants for the years ended December 31, 2023 and 2022 were as follows: SCHEDULE OF WARRANT ACTIVITY Number of Warrants Outstanding and Vested Weighted Average Exercise Price Weighted Average Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, January 1, 2023 321,759 $ 12.8634 1.30 $ - Warrants issued (1) 241,446 8.5677 Warrants exercised (2) (507,444 ) 8.2857 Outstanding and vested, December 31, 2023 55,761 $ 10.6087 1.34 $ 1,152,654 Number of Warrants Outstanding and Vested Weighted Average Exercise Price Weighted Average Contractual Life (Years) Aggregated Intrinsic Value Outstanding and vested, January 1, 2022 406,270 $ 11.4750 1.97 $ - Warrants issued (3) 69,730 5.1090 Warrants exercised (4) (154,230 ) 5.7008 Outstanding and vested, December 31, 2022 321,770 $ 12.8634 1.30 $ - 1) The warrants issued in the year ended December 31, 2023 had a total grant date fair value of $ 2,158,116 2) During the year ended December 31, 2023, warrant holders exercised a total 507,444 446,948 5.1085 15.00 1,774,608 60,496 446,948 3) The warrants issued in the year ended December 31, 2022 had a total grant date fair value of $ 853,397 4) During the year ended December 31, 2022, warrant holders exercised a total 154,230 135,631 4.3125 8.025 600,159 18,610 135,631

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
SCHEDULE OF CONTRACTUAL OBLIGATIONS	The following table summarizes certain of Atlas’s contractual obligations at December 31, 2023 (in thousands): SCHEDULE OF CONTRACTUAL OBLIGATIONS Total Less than 1 Year 1-3 Years 3-5 Years More than 5 Years Lithium processing plant construction (1) $ 7,680,785 $ 7,680,785 $ - $ - $ - Land Acquisition (2) 3,119,099 3,119,099 - - - Total 10,799,884 10,799,884 - - - (1) Lithium processing plant construction are related to agreements with suppliers contracted for the construction of the processing plant, with the majority of payments due upon delivery. (2) land acquisition related to the land purchase agreements on the lithium valley (3) Please see commitments related to Leases in Note 2.

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTIES	The Company’s related parties include: SCHEDULE OF RELATED PARTIES Martin Rowley Martin Rowley is a senior advisor to the Company. In 2023, the Company entered into a Convertible Note Purchase Agreement with Martin Rowley relating to the issuance to Martin Rowley along with other experienced lithium investors. Martin Rowley is the father of Nick Rowley, the Company’s VP Business Development . Jaeger Investments Pty Ltd Jaeger Investments Pty Ltd is a corporation in which senior advisor, Martin Rowley, is a controlling shareholder. RTEK International DMCC RTEK International DMCC is a corporation in which the VP Business Development of the Company, Nick Rowley, and Brian Talbot, our Chief Operating Officer effective on April 1, 2024 are controlling shareholders . Shenzhen Chengxin Lithium Group Co., Ltd Shenzhen Chengxin Lithium Group Co., Ltd is a non-controlling shareholder Sichuan Yahua Industrial Group Co., Ltd Sichuan Yahua Industrial Group Co., Ltd, is a non-controlling shareholder
SCHEDULE OF RELATED PARTIES OUTSTANDING AMOUNT AND EXPENSES	The related parties outstanding amounts and expenses at the year ending December 31, 2023 and 2022 are shown below: SCHEDULE OF RELATED PARTIES OUTSTANDING AMOUNT AND EXPENSES December 31, 2023 December 31, 2022 Accounts Payable / Debt Expenses / Payments Accounts Payable / Debt Expenses / Payments RTEK International $ - $ 1,449,000 $ - $ - Jaeger Investments Pty Ltd. $ 1,954,145 $ 13,405 $ - $ - Total $ 1,954,145 $ 1,462,405 $ - $ -

ORGANIZATION, BUSINESS AND SU_3

ORGANIZATION, BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 BRL (R$)	Dec. 31, 2022
Cash FDIC insured amount	$ 250,000	R$ 250000
Income tax likelihood, description	greater than 50%
Corporate income tax rate	21%
Processing Plant and Other Machinery [Member]
Estimated useful life	10 years	10 years
Vehicles [Member]
Estimated useful life	5 years	5 years
Computer and Other Office Equipment [Member]
Estimated useful life	5 years	5 years
Cash [Member]
Cash translation amount	$ 51,639
Atlas Litio Brasil Ltda. [Member]
Equity method investment ownership percentage	99.90%	99.90%	99.90%
Apollo Resources Corporation [Member]
Equity method investment ownership percentage	58.71%	58.71%	58.71%
Jupiter Gold Corporation [Member]
Equity method investment ownership percentage	27.42%	27.42%	27.42%

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Cost	$ 6,407,735	$ 659,282
Accumulated Depreciation		(441,732)
Net Book Value	6,407,735	217,550
Computers and Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost		571
Accumulated Depreciation		(571)
Net Book Value
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost		419,498
Accumulated Depreciation		(362,140)
Net Book Value		57,358
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Cost		80,139
Accumulated Depreciation		(79,021)
Net Book Value		1,118
Land [Member]
Property, Plant and Equipment [Line Items]
Cost	361,674	159,074
Accumulated Depreciation
Net Book Value	361,674	159,074
Prepaid Assets [Member]
Property, Plant and Equipment [Line Items]
Cost	6,046,061
Accumulated Depreciation
Net Book Value	$ 6,046,061

SCHEDULE OF ACCOUNTS PAYABLE AN

SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED LIABILITIES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Composition Of Certain Financial Statement Items
Accounts payable and other accruals	$ 3,406,864	$ 408,874
Mineral rights payable	1,080,783	2,367,600
Total	$ 4,487,647	$ 2,776,474

SCHEDULE OF OPERATING LEASE LIA

SCHEDULE OF OPERATING LEASE LIABILITY (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Composition Of Certain Financial Statement Items
Operating Lease, Liability
Addition	466,887
Interest expense	5,025
Lease payments	(20,507)
Operating Lease, Liability	451,405
Current portion	114,994
Non-current portion	$ 336,411

SCHEDULE OF CONTRACTUAL UNDISCO

SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Composition Of Certain Financial Statement Items
Less than one year	$ 144,132
Year 2	151,060
Year 3	138,305
Year 4	92,965
Total contractual undiscounted cash flows	$ 526,462

SCHEDULE OF CONVERTIBLE DEBT (D

SCHEDULE OF CONVERTIBLE DEBT (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Total convertible debt	$ 9,770,724
Current portion	67,024
Non-current portion	9,703,700
Nanyang Investment Management Pte Ltd [Member]
Defined Benefit Plan Disclosure [Line Items]
Total convertible debt	5,862,434
Jaeger Investments Pty Ltd [Member]
Defined Benefit Plan Disclosure [Line Items]
Total convertible debt	1,954,145
Modha Reena Bhasker [Member]
Defined Benefit Plan Disclosure [Line Items]
Total convertible debt	977,072
Clipper Group Limited [Member]
Defined Benefit Plan Disclosure [Line Items]
Total convertible debt	$ 977,072

SCHEDULE OF DERIVATIVE LIABILIT

SCHEDULE OF DERIVATIVE LIABILITIES (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total derivative liabilities	$ 1,000,060
Conversion Feature Convertible Debt [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total derivative liabilities	486,303
Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Total derivative liabilities	$ 513,757

COMPOSITION OF CERTAIN FINANC_3

COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Details) (Parenthetical) - USD ($)		12 Months Ended
	Nov. 07, 2023	Dec. 31, 2023
Composition Of Certain Financial Statement Items
Conversion feature	$ 311,695	$ 486,304

SCHEDULE OF FAIR VALUE EMBEDDED

SCHEDULE OF FAIR VALUE EMBEDDED CONVERSION PRICING MODEL ASSUMPTION (Details)	Dec. 31, 2023	Nov. 07, 2023
Options Held [Member] | Interest Rate Cap [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	354,297	354,297
Options Held [Member] | Interest Rate Floor [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	354,297	354,297
Measurement Input, Share Price [Member] | Interest Rate Cap [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	31.2800	22.8200
Measurement Input, Share Price [Member] | Interest Rate Floor [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	31.2800	22.8200
Measurement Input, Exercise Price [Member] | Interest Rate Cap [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	28.2250	28.2250
Measurement Input, Exercise Price [Member] | Interest Rate Floor [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	35.2813	35.2813
Measurement Input, Option Volatility [Member] | Interest Rate Cap [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	99.42	111.81
Measurement Input, Option Volatility [Member] | Interest Rate Floor [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	99.42	111.81
Measurement Input, Risk Free Interest Rate [Member] | Interest Rate Cap [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	3.97	4.64
Measurement Input, Risk Free Interest Rate [Member] | Interest Rate Floor [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	3.97	4.64
Measurement Input, Expected Dividend Rate [Member] | Interest Rate Cap [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	0	0
Measurement Input, Expected Dividend Rate [Member] | Interest Rate Floor [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	0	0
Measurement Input, Expected Term [Member] | Interest Rate Cap [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	2.85	3
Measurement Input, Expected Term [Member] | Interest Rate Floor [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Embedded derivative liability, measurement input	2.85	3

COMPOSITION OF CERTAIN FINANC_4

COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Details Narrative)							12 Months Ended
	Nov. 07, 2023 USD ($) $ / shares	Nov. 07, 2023 USD ($) $ / shares	Sep. 30, 2023 USD ($)	Sep. 30, 2023	Feb. 01, 2023 USD ($)	Jan. 19, 2023 USD ($) ha	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares
Depreciation							$ 50,741	$ 13,806
Carrying value of intangible assets							$ 7,115,644	4,971,267
Mineral rights, hectares | ha						45.77
Weighted average rate							6.50%
Conversion feature	$ 311,695						$ 486,304
Interest and debt expenses							67,024
Accretion expense							15,395
Fair value of financial instruments							174,608
Number of award share, value			$ 2,517,300
Allocated share based compensation							$ 15,609,698	$ 2,269,566
Measurement Input, Expected Term [Member]
Derivative liability, measurement difference description							3 months and 12 months
Common Stock [Member]
Number of shares issued | shares							2,707,417	696,808
Share Based Compensation Award Tranche Seven [Member]
capitalization, long-term debt and equity							$ 1,000,000,000
Share-Based Payment Arrangement, Tranche One [Member]
capitalization, long-term debt and equity							200,000,000
Share-Based Payment Arrangement, Tranche Two [Member]
capitalization, long-term debt and equity							300,000,000
Share-Based Payment Arrangement, Tranche Three [Member]
capitalization, long-term debt and equity							400,000,000
Share Based Compensation Award Tranche Four [Member]
capitalization, long-term debt and equity							500,000,000
Share Based Compensation Award Tranche Five [Member]
capitalization, long-term debt and equity							600,000,000
Share Based Compensation Award Tranche Six [Member]
capitalization, long-term debt and equity							700,000,000
Share Based Compensation Award Tranche One And Tranche Two [Member]
Allocated share based compensation							$ 513,757
Share Based Compensation Award Tranche One And Tranche Two [Member] | Common Stock [Member] | Executive Officer [Member]
Number of shares issued | shares							40,533
Share Based Compensation Award Tranche3 And Tranche4 And Tranche5 Tranche 6And Tranche7 [Member]
Share based compensation, unvested fair value							$ 1,550,576
Share Based Compensation Award Tranche3 And Tranche4 And Tranche5 Tranche 6And Tranche7 [Member] | Measurement Input, Expected Dividend Rate [Member]
Embedded derivative liability, measurement input							0
Restricted Stock [Member]
Number of shares issue of percent				1.40%
Restricted Stock [Member] | Share Based Compensation Award Tranche Seven [Member]
Number of shares issue of percent				0.20%
Minimum [Member]
Operating lease term							2 years
Minimum [Member] | Share Based Compensation Award Tranche3 And Tranche4 And Tranche5 Tranche 6And Tranche7 [Member] | Measurement Input, Option Volatility [Member]
Embedded derivative liability, measurement input							72.3
Minimum [Member] | Share Based Compensation Award Tranche3 And Tranche4 And Tranche5 Tranche 6And Tranche7 [Member] | Measurement Input, Risk Free Interest Rate [Member]
Embedded derivative liability, measurement input							4.79
Maximum [Member]
Operating lease term							4 years
Maximum [Member] | Share Based Compensation Award Tranche3 And Tranche4 And Tranche5 Tranche 6And Tranche7 [Member] | Measurement Input, Option Volatility [Member]
Embedded derivative liability, measurement input							89.3
Maximum [Member] | Share Based Compensation Award Tranche3 And Tranche4 And Tranche5 Tranche 6And Tranche7 [Member] | Measurement Input, Risk Free Interest Rate [Member]
Embedded derivative liability, measurement input							5.41
Acquisition Agreement [Member]
Mineral rights, hectares | ha						1,090.88
Payments to acquire mineral rights						$ 400,000
Value of stock issued for acquisition					$ 750,000
Convertible Note Purchase Agreement [Member] | Convertible Promissory Note [Member]
Proceeds from convertible debt		$ 10,000,000
Maturity date		36 months as from the date of issuance
Interest rate	6.50%	6.50%
Interest rate | $ / shares	$ 28.225	$ 28.225
Redemption right		(i) twelve months have passed since the loan origination and (ii) the volume weighted average price exceeded 125% of the conversion price for 5 trading days within a 20 day trading period.
Convertible notes payable, current	$ 9,688,305	$ 9,688,305
Conversion feature		311,695
Convertible Note Purchase Agreement [Member] | Convertible Promissory Note [Member] | Mr. Rowley [Member]
Proceeds from convertible debt		20,000,000
Convertible Note Purchase Agreement [Member] | Convertible Promissory Note One [Member]
Long-term debt, gross	$ 10,000,000	$ 10,000,000

DEFERRED CONSIDERATION FROM R_2

DEFERRED CONSIDERATION FROM ROYALTIES SOLD (Details Narrative) - USD ($)		12 Months Ended
	May 02, 2023	Dec. 31, 2023	Dec. 31, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Shares issued value		$ 32,617,582	$ 3,902,356
Royalty Purchase Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Consideration and sale of subsidiary	$ 20,000,000
Percentage of royalty interest	3%
Finder shares issued	72,995
Percentage finder shares issued	7%
Shares issued value	$ 20,000,000
Shares issued other	1,400,000
Royalty expense	$ 5,000,000

OTHER NONCURRENT LIABILITIES (D

OTHER NONCURRENT LIABILITIES (Details Narrative) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Other Liabilities Disclosure [Abstract]
Other liabilities current	$ 58,579	$ 78,964

SCHEDULE OF BLACK-SCHOLES OPTIO

SCHEDULE OF BLACK-SCHOLES OPTION PRICING MODEL (Details) - Common Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Dividend yield	0%	0%
Expected term	1 year 6 months	5 years
Minimum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Expected volatility, minimum	103.60%	216.34%
Risk-free interest rate, minimum	3.40%	1.44%
Risk-free interest rate, maximum	3.82%	2.56%
Stock price grant, minimum	$ 7.22	$ 0.75
Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Expected volatility, maximum	104.80%	354.13%
Stock price grant, minimum	$ 19.75	$ 6.4125

SCHEDULE OF COMMON STOCK OUTSTA

SCHEDULE OF COMMON STOCK OUTSTANDING (Details) - Common Stock [Member] - USD ($)		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Options Outstanding and Vested, Outstanding, Balance		178,672		6,546
Weighted Average Exercise Price, Outstanding, Balance	[1]	$ 0.1219		$ 8.2500
Remaining Contractual Life (Years)		1 year 6 months 18 days		2 years 8 months 26 days
Aggregated Intrinsic Value, Balance		$ 1,228,972		$ 19,675
Number of Options Outstanding and Vested, Issued		80,000	[1]	174,697	[2]
Weighted Average Exercise Price, Issued		$ 13.50	[1]	$ 0.1063	[2]
Number of options outstanding and vested, exercised	[3]	(207,141)
Weighted average exercise price, exercised	[3]	$ 1.4151
Number of options outstanding and vested, expired		(864)		(2,571)
Weighted average exercise price, expired	[1]	$ 0.7500		$ 19.7541
Number of options outstanding and vested, expired		50,667		178,672
Weighted average exercise price, outstanding ending	[1]	$ 15.9474		$ 0.1219
Remaining Contractual Life (Years)		2 years 4 months 24 days		1 year 6 months 18 days
Aggregated Intrinsic Value, Balance		$ 776,864		$ 1,228,972
[1]In the year ended December 31, 2023, 80,000 446,726 174,697 58,685 207,141 1.4151 206,599 281,134 542 206,599

SCHEDULE OF COMMON STOCK OUTS_2

SCHEDULE OF COMMON STOCK OUTSTANDING (Details) (Parenthetical) - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock options issued		80,000	174,697
Grant date fair value, issued		$ 446,726	$ 58,685
Weighted average exercise price, exercised	[1]	$ 1.4151
Common shares issued		2,707,417	696,808
Cash proceeds		$ 281,134
Common Stock Option [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of options, exercised		207,141
Weighted average exercise price, exercised		$ 1.4151
Common shares issued		206,599
Stock options conceded in cashless exercises		542
[1]In the year ended December 31, 2023, common stock option holders exercised a total 207,141 1.4151 206,599 281,134 542 206,599

SCHEDULE OF OPTIONS FAIR VALUE

SCHEDULE OF OPTIONS FAIR VALUE ASSUMPTIONS (Details) - Series D Preferred Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Expected volatility, minimum	135.81%	216.55%
Expected volatility, maximum	154.32%	290.40%
Risk-free interest rate, minimum	3.42%	1.51%
Risk-free interest rate, maximum	4.73%	4.05%
Dividend yield	0%	0%
Expected term	5 years	10 years
Minimum [Member]
Class of Stock [Line Items]
Stock price on date of grant	$ 7	$ 4.7250
Maximum [Member]
Class of Stock [Line Items]
Stock price on date of grant	$ 38.8900	$ 12.3750

SCHEDULE OF PREFERRED STOCK (De

SCHEDULE OF PREFERRED STOCK (Details) - Series D Preferred Stock [Member] - USD ($)		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022
Class of Stock [Line Items]
Number of Options Outstanding and Vested, Outstanding, Balance		72,000		36,000
Weighted Average Exercise Price, Outstanding, Balance	[1]	$ 0.10		$ 0.10
Remaining Contractual Life (Years)		8 years 11 months 8 days		9 years 5 months 8 days
Aggregated Intrinsic Value, Balance		$ 6,712,800		$ 2,732,400
Number of Options Outstanding and Vested, Issued		36,000	[1]	36,000
Weighted Average Exercise Price, Issued		$ 0.10	[1]	$ 0.10
Number of options outstanding and vested, exercised	[2]	(108,000)
Weighted Average Exercise Price,	[2]	$ 0.10
Number of options outstanding and vested, expired				72,000
Weighted average exercise price, outstanding ending	[1]			$ 0.10
Aggregated Intrinsic Value, Balance				$ 6,712,800
Remaining Contractual Life (Years)				8 years 11 months 8 days
[1]In the year ended December 31, 2023, 36,000 2,507,766 108,000 0.10 108,000 10,800 108,000 108,000 1,439,996

SCHEDULE OF PREFERRED STOCK (_2

SCHEDULE OF PREFERRED STOCK (Details) (Parenthetical) - Series D Preferred Stock [Member] - USD ($)		12 Months Ended
		Dec. 31, 2023		Dec. 31, 2022
Class of Stock [Line Items]
Conversion of stock		108,000		13
Common stock options issued		36,000	[1]	36,000
Grant date fair value, issued		$ 2,507,766		$ 854,946
Number of options, exercised		108,000
Exercise price	[2]	$ 0.10
Purchase of shares		108,000
Cash proceeds		$ 10,800
Conversion of stock shares		1,439,996
[1]In the year ended December 31, 2023, 36,000 2,507,766 108,000 0.10 108,000 10,800 108,000 108,000 1,439,996

SCHEDULE OF WARRANT ASSUMPTION

SCHEDULE OF WARRANT ASSUMPTION (Details) - Warrant [Member] - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Expected volatility, minimum	101.39%	188.48%
Expected volatility, maximum	127.17%	197.45%
Risk-free interest rate, minimum	3.43%	2.79%
Risk-free interest rate, maximum	3.83%	3.79%
Dividend yield	0%	0%
Minimum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock price on date of grant	$ 8.10	$ 7.5750
Expected term	1 year 6 months	2 years
Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock price on date of grant	$ 20.28	$ 12.6750
Expected term	5 years	3 years 3 months 18 days

SCHEDULE OF WARRANT ACTIVITY (D

SCHEDULE OF WARRANT ACTIVITY (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023		Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Options Outstanding and Vested, Balance	321,770
Number of Options Outstanding and Vested, Balance			321,770
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Options Outstanding and Vested, Balance	321,759		406,270
Weighted Average Exercise Price, Outstanding and vested, Balance	$ 12.8634		$ 11.4750
Weighted Average Contractual Life (Years)	1 year 3 months 18 days		1 year 11 months 19 days
Aggregated Intrinsic Value, Balance
Number of Options Outstanding and Vested, Warrants issued	241,446	[1]	69,730	[2]
Weighted Average Exercise Price, Warrants issued	$ 8.5677	[1]	$ 5.1090	[2]
Number of Options Outstanding and Vested, Warrants exercised	(507,444)	[3]	(154,230)	[4]
Weighted Average Exercise Price, Warrants exercised	$ 8.2857	[3]	$ 5.7008	[4]
Number of Options Outstanding and Vested, Balance	55,761		321,759
Weighted Average Exercise Price, Outstanding and vested, Balance	$ 10.6087		$ 12.8634
Weighted Average Contractual Life (Years)	1 year 4 months 2 days		1 year 3 months 18 days
Aggregated Intrinsic Value, Balance	$ 1,152,654
[1]The warrants issued in the year ended December 31, 2023 had a total grant date fair value of $ 2,158,116 853,397 507,444 446,948 5.1085 15.00 1,774,608 60,496 446,948 154,230 135,631 4.3125 8.025 600,159 18,610 135,631

SCHEDULE OF WARRANT ACTIVITY _2

SCHEDULE OF WARRANT ACTIVITY (Details) (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2023		Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Fair value adjustments, net	$ 174,608
Changes in equity	853,397
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Fair value adjustments, net	$ 2,158,116		$ 853,397
Number of warrants, exercised	507,444	[1]	154,230	[2]
Issuance of common stock in connection with sales made under private offerings, shares	446,948		135,631
Cash proceeds	$ 1,774,608		$ 600,159
Warrants conceded in cashless exercise	60,496		18,610
Warrant [Member] | Minimum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Exercise price	$ 5.1085		$ 4.3125
Warrant [Member] | Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Exercise price	$ 15		$ 8.025
[1]During the year ended December 31, 2023, warrant holders exercised a total 507,444 446,948 5.1085 15.00 1,774,608 60,496 446,948 154,230 135,631 4.3125 8.025 600,159 18,610 135,631

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative)

12 Months Ended

Nov. 29, 2023 USD ($) $ / shares shares

Sep. 30, 2023 USD ($)

Jul. 18, 2023 USD ($) $ / shares shares

May 26, 2023 shares

Apr. 21, 2023

Feb. 01, 2023 USD ($)

Jan. 30, 2023 USD ($) $ / shares shares

Jan. 19, 2023 USD ($) ha

Jan. 12, 2023 USD ($) $ / shares shares

Jan. 09, 2023 $ / shares shares

Dec. 20, 2022 shares

Jun. 18, 2022

Sep. 16, 2021 shares

Dec. 31, 2023 USD ($) $ / shares shares

Dec. 31, 2022 USD ($) $ / shares shares

May 25, 2023 shares

Dec. 19, 2022 shares

Dec. 31, 2021 $ / shares shares

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stockholders equity reverse stock split

reverse stock split of our issued and outstanding shares of common stock at a ratio of 1-for-750 (the “Reverse Stock Split”). Following the Reverse Stock Split, each 750 shares of our issued and outstanding shares of common stock were automatically converted into one issued and outstanding share of common stock, without any change in par value per share

Common stock, shares authorized

200,000,000

4,000,000,000

Common stock, par value | $ / shares

$ 0.001

$ 0.001

Gross proceeds | $

$ 31,214,660

$ 4,502,356

Stock Issued During Period, Value, Conversion of Convertible Securities | $

3,971

Mineral rights, hectares | ha

45.77

Share based compensation expense | $

$ 15,609,698

$ 2,269,566

Common stock awards, market capitalization milestone | $

$ 2,517,300

Vesting Two Thousand Twenty Six [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, performance milestones

54,404

Market Capitalization Milestone [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, market capitalization milestone | $

$ 77,000

Market Capitalization Milestone [Member] | Minimum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, market capitalization milestone | $

500,000,000

Market Capitalization Milestone [Member] | Maximum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, market capitalization milestone | $

2,000,000,000

Market Capitalization Progressive Milestone [Member] | Minimum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, market capitalization milestone | $

$ 200,000,000

Restricted common stock outstanding percentage

0.20%

Market Capitalization Progressive Milestone [Member] | Maximum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Restricted common stock outstanding percentage

1.40%

Common stock awards, market capitalization milestone | $

$ 1,000,000,000

Common Stock Awards [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Issuance of common stock in connection with sales made under private offerings, shares

220,437

Share based compensation expense | $

$ 9,926,951

Common stock awards, market capitalization milestone | $

1,167,652

Sharebased compensation arrangement by shares vested | $

115,653

Sharebased compensation arrangement by shares unvested | $

1,051,999

Derivative instrument liability | $

$ 513,756

Derivative outstanding | $

Derivative liability | $

Restricted Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, performance milestones

204,904

Restricted Common Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Restricted common stock awards granted

23,037,701

Common stock awards, performance milestones

88,653

Common Stock Time Vesting [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, performance milestones

226,364

Common Stock Time Vesting [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, performance milestones

71,405

Vesting Two Thousand Twent Five [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, performance milestones

69,405

Vesting Two Thousand Twenty Seven [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, performance milestones

31,150

Neves Project [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards, performance milestones

623,000

Hull White Lattice Binominal Model [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Restricted common stock awards granted

849,340

Vesting [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Restricted common stock awards granted

22,188,361

Common Stock Awards Market Vesting [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock awards with market vesting

3,068,763

Fair value of dividend yield

0%

Common Stock Awards Market Vesting [Member] | Minimum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Fair value of stock price, maximum | $ / shares

$ 23.81

Fair value of volatility rate, minimum

82.80%

Fair value of risk free interest rate, minimum

5.09%

Fair value of Expected term, maximum

6 months

Common Stock Awards Market Vesting [Member] | Maximum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Fair value of stock price, maximum | $ / shares

$ 30.61

Fair value of volatility rate, maximum

102.49%

Fair value of risk free interest rate, maximum

5.53%

Fair value of Expected term, maximum

3 years

2023 Stock Incentive Plan [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Number of shares common stock issuable pursuant to awards granted

2,000,000

Private Placement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock, par value | $ / shares

$ 0.001

Number of shares sold to investors

526,317

Sale of stock, price per share | $ / shares

$ 19

Total gross proceeds | $

$ 10,000,023

Underwriting Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Number of shares sold to investors

675,000

Sale of stock, price per share | $ / shares

$ 6

Restricted common stock awards granted

101,250

Acquisition Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Mineral rights, hectares | ha

1,090.88

Payments to acquire mineral rights | $

$ 400,000

Common stock awards, market capitalization milestone | $

$ 750,000

Security Purchase Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stock issued during period, shares restricted stock award, net of forfeitures

640,000

Fair value of stock price, maximum | $ / shares

$ 6.25

Proceeds from issuance of private placement | $

$ 4,000,000

Two Security Purchase Agreement [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock, par value | $ / shares

$ 0.001

Number of shares sold to investors

167,954

Gross proceeds | $

$ 9,900,000

Share price | $ / shares

$ 29.77

Series A Preferred Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Preferred stock voting rights

Series A Stock being entitled to 51% of the total votes on all such matters regardless of the actual number of shares of Series A Stock then outstanding, and the holders of common stock are entitled to their proportional share of the remaining 49% of the total votes based on their respective voting power.

Preferred stock, shares authorized

1

1

Series D Convertible Preferred Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stockholders equity reverse stock split

Giving effect to the Reverse Stock Split discussed above, each share of Series D Stock is effectively convertible into 13 and 1/3 shares of common stock. Holders of the Series D Stock are not entitled to any liquidation preference over the holders of common stock and are entitled to any dividends or distributions declared by the Company on a pro rata basis

Preferred stock, shares authorized

1,000,000

Conversion of stock

10,000

Series D Preferred Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Preferred stock, shares authorized

1,000,000

1,000,000

Conversion of stock

108,000

13

Conversion of convertible preferred D stock into common stock, shares

214,006

Restricted common stock awards granted

36,000

[1]

36,000

Exercise price | $ / shares

[1]

$ 0.10

$ 0.10

Share based compensation expense | $

$ 2,507,766

$ 854,946

Stock options outstanding

0

Shares outstanding

0

Fair value of dividend yield

0%

0%

Fair value of volatility rate, minimum

135.81%

216.55%

Fair value of volatility rate, maximum

154.32%

290.40%

Fair value of risk free interest rate, minimum

3.42%

1.51%

Fair value of risk free interest rate, maximum

4.73%

4.05%

Fair value of Expected term, maximum

5 years

10 years

Sharebased compensation arrangement by shares vested | $

$ 2,507,766

$ 854,946

Series D Preferred Stock [Member] | Minimum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share price | $ / shares

$ 7

$ 4.7250

Series D Preferred Stock [Member] | Maximum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share price | $ / shares

$ 38.8900

$ 12.3750

Accredited Investors [Member] | Subscription Agreements [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Number of shares sold to investors

832,439

Gross proceeds | $

$ 1,675,797

$ 3,901,524

Conversion of convertible preferred D stock into common stock, shares

116,959

Stock Issued During Period, Value, Conversion of Convertible Securities | $

$ 1,000,000

Issuance of common stock in connection with sales made under private offerings, shares

192,817

Marc Fogassa [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Issuance of common stock in connection with sales made under private offerings, shares

2,853,413

Common Stock [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stockholders equity reverse stock split

1-for-750

1-for-750

Common stock, shares authorized

4,000,000,000

200,000,000

200,000,000

5,333,334

Common stock, par value | $ / shares

$ 0.001

Common stock voting rights

the Company’s Majority Stockholder, entitled to 51% of the voting power of the Company’s issued and outstanding voting stock

Conversion of convertible preferred D stock into common stock, shares

4,293,409

Stock Issued During Period, Value, Conversion of Convertible Securities | $

$ 4,293

Restricted common stock awards granted

80,000

174,697

Exercise price | $ / shares

[2]

$ 15.9474

$ 0.1219

$ 8.2500

Issuance of common stock in connection with sales made under private offerings, shares

2,707,417

696,808

Share based compensation expense | $

$ 446,726

$ 58,685

Shares outstanding

12,763,581

5,110,014

4,145,572

Fair value of dividend yield

0%

0%

Fair value of Expected term, maximum

1 year 6 months

5 years

Sharebased compensation arrangement by shares vested | $

$ 446,726

$ 58,685

Common Stock [Member] | Minimum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share price | $ / shares

$ 7.22

$ 0.75

Fair value of volatility rate, minimum

103.60%

216.34%

Fair value of risk free interest rate, minimum

3.40%

1.44%

Fair value of risk free interest rate, maximum

3.82%

2.56%

Common Stock [Member] | Maximum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share price | $ / shares

$ 19.75

$ 6.4125

Fair value of volatility rate, maximum

104.80%

354.13%

Common Stock [Member] | Director [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Common stock, shares authorized

200,000,000

Representative Warrants [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Warrants to purchase shares

33,750

Percentage of common stock sold

5%

Exercise price | $ / shares

$ 7.50

Percentage of offering price

125%

Gross proceeds from offering | $

$ 4,657,500

Warrant [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Issuance of common stock in connection with sales made under private offerings, shares

446,948

135,631

Share based compensation expense | $

$ 1,961,661

Share issuance of warrants | $

$ 196,454

Fair value of dividend yield

0%

0%

Fair value of volatility rate, minimum

101.39%

188.48%

Fair value of volatility rate, maximum

127.17%

197.45%

Fair value of risk free interest rate, minimum

3.43%

2.79%

Fair value of risk free interest rate, maximum

3.83%

3.79%

Warrant [Member] | Minimum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share price | $ / shares

$ 8.10

$ 7.5750

Fair value of Expected term, maximum

1 year 6 months

2 years

Warrant [Member] | Maximum [Member]

Accumulated Other Comprehensive Income (Loss) [Line Items]

Share price | $ / shares

$ 20.28

$ 12.6750

Fair value of Expected term, maximum

5 years

3 years 3 months 18 days

[1]In the year ended December 31, 2023, 36,000 2,507,766 80,000 446,726

SCHEDULE OF CONTRACTUAL OBLIGAT

SCHEDULE OF CONTRACTUAL OBLIGATIONS (Details)	Dec. 31, 2023 USD ($)
Product Liability Contingency [Line Items]
Total	$ 10,799,884
Less than 1 Year	10,799,884
1-3 Years
3-5 Years
More than 5 Years
Lithium Processing Plant Construction [Member]
Product Liability Contingency [Line Items]
Total	7,680,785	[1]
Less than 1 Year	7,680,785	[1]
1-3 Years		[1]
3-5 Years		[1]
More than 5 Years		[1]
Land Acquisition [Member]
Product Liability Contingency [Line Items]
Total	3,119,099	[2]
Less than 1 Year	3,119,099	[1]
1-3 Years		[1]
3-5 Years		[2]
More than 5 Years		[2]
[1]Lithium processing plant construction are related to agreements with suppliers contracted for the construction of the processing plant, with the majority of payments due upon delivery.[2]land acquisition related to the land purchase agreements on the lithium valley

SCHEDULE OF RELATED PARTIES (De

SCHEDULE OF RELATED PARTIES (Details)	12 Months Ended
	Dec. 31, 2023
Martin Rowley [Member]
Related Party Transaction [Line Items]
Related party description	Martin Rowley is a senior advisor to the Company. In 2023, the Company entered into a Convertible Note Purchase Agreement with Martin Rowley relating to the issuance to Martin Rowley along with other experienced lithium investors. Martin Rowley is the father of Nick Rowley, the Company’s VP Business Development
Jaeger Investments Pty Ltd [Member]
Related Party Transaction [Line Items]
Related party description	Jaeger Investments Pty Ltd is a corporation in which senior advisor, Martin Rowley, is a controlling shareholder.
Rtek International DMCC [Member]
Related Party Transaction [Line Items]
Related party description	RTEK International DMCC is a corporation in which the VP Business Development of the Company, Nick Rowley, and Brian Talbot, our Chief Operating Officer effective on April 1, 2024 are controlling shareholders
Shenzhen Chengxin Lithium Group Co Ltd [Member]
Related Party Transaction [Line Items]
Related party description	Shenzhen Chengxin Lithium Group Co., Ltd is a non-controlling shareholder
Sichuan Yahua Industrial Group Co Ltd [Member]
Related Party Transaction [Line Items]
Related party description	Sichuan Yahua Industrial Group Co., Ltd, is a non-controlling shareholder

SCHEDULE OF RELATED PARTIES OUT

SCHEDULE OF RELATED PARTIES OUTSTANDING AMOUNT AND EXPENSES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Accounts payable debt total	$ 1,954,145
Expenses payments total	1,462,405
RTEK International [Member]
Related Party Transaction [Line Items]
Accounts payable debt total
Expenses payments total	1,449,000
Jaeger Investments Pty Ltd [Member]
Related Party Transaction [Line Items]
Accounts payable debt total	1,954,145
Expenses payments total	$ 13,405

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)		12 Months Ended
	May 26, 2023	Dec. 31, 2023	Dec. 31, 2022
Stock issued during period, invest in purchase of shares		$ 750,000	$ 1,000,000
Stock-based compensation		$ 12,863,263	$ 2,269,566
Jupiter Gold Corporation [Member]
Shares issued, price per share		$ 1
Common stock options issued		1,210,000	1,905,000
Expected term		8 years 2 months 19 days	4 years 8 months 26 days
Weighted average exercise price, exercised		$ 0.043	$ 0.57
Issuance of common stock in connection with sales made under private offerings, shares		320,700
Weighted average intrinsic value		$ 1,041,300	$ 1,077,050
Apollo Resource Corporation [Member]
Common stock options issued		405,000	225,000
Share price		$ 5.98
Expected term		8 years 10 months 2 days	9 years 3 months 29 days
Weighted average exercise price, exercised		$ 0.01	$ 0.01
Weighted average intrinsic value		$ 2,425,950	$ 1,125,000
Stock issued during period, shares purchase		527,750
Marc Fogassa [Member]
Issuance of common stock in connection with sales made under private offerings, shares	2,853,413
Marc Fogassa [Member] | Jupiter Gold Corporation [Member]
Common stock options issued		420,000	420,000
Exercise price		$ 0.01	$ 0.01
Exercise price		$ 1	$ 1
Stock-based compensation		$ 115,038	$ 103,707
Illiquidity discount		75%	75%
Dividend yield		0%	0%
Risk free interest, minimum		3.42%	1.51%
Risk free interest, maximum		4.73%	3.50%
Exercise of options into Series D preferred stock, shares		1,115,000
Weighted average exercise price, exercised		$ 0.98
[custom:NumberOfSharesConcededInCashlessExercises]		386,420
Issuance of common stock in connection with sales made under private offerings, shares		728,580
Marc Fogassa [Member] | Jupiter Gold Corporation [Member] | Minimum [Member]
Share price		$ 0.65	$ 0.58
Historical volatility		268%	97.30%
Expected term		5 years	5 years
Marc Fogassa [Member] | Jupiter Gold Corporation [Member] | Maximum [Member]
Share price		$ 2.10	$ 1.25
Historical volatility		364%	225.80%
Expected term		10 years	10 years
Marc Fogassa [Member] | Apollo Resource Corporation [Member]
Common stock options issued		180,000	225,000
Stock-based compensation		$ 235,034	$ 331,858
Illiquidity discount		75%	75%
Dividend yield		0%	0%
Historical volatility		57.96%	58.01%
Risk free interest, minimum		3.42%	1.51%
Risk free interest, maximum		4.73%	3.50%
Exercise price		$ 0.01	$ 0.01
Historical volatility		17.41%	49.20%
Marc Fogassa [Member] | Apollo Resource Corporation [Member] | Minimum [Member]
Share price		$ 5	$ 4
Marc Fogassa [Member] | Apollo Resource Corporation [Member] | Maximum [Member]
Share price		$ 6	$ 5
Expected term		10 years	10 years
Convertible Note Purchase Agreement [Member] | Martin Rowley [Member]
Principal amount		$ 10,000,000
Principal amount		6.50%
Offtake And Sales Agreement [Member]
Term		5 years
Sale of product		$ 60,000
Stock issued during period, invest in purchase of shares		$ 5,000,000
Shares issued, price per share		$ 29.77
Prepayment amount		$ 20,000,000
Offtake And Sales Agreement [Member] | Martin Rowley [Member]
Principal amount		10%