Hello Wez,
If you have a single block mesh model and would like to get multi-page texture atlas where each page has a kind of orthophoto parametrization mode, then you likely need to perform such kind of parametrization in the external application and re-import the model back to Metashape for texturing using Keep UV method.
Alternative approach that I can suggest involves 2.1 version functionality: since you have already the DEM, you can generate the block model using DEM as a source with the block size that would give you approx 16 blocks, then build texture using Orthophoto mapping mode - in this case each block will have single texture page in orthophoto mode. Then you will be able to export all tiles of the block model as separate textured models or merge them to the single model, in this case merged model will have multi-page texture atlas.
I have tried this approach on some random rather small project and it worked, but you may check it on your side and see if it gives you acceptable results.