Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

One Bullion Limited Provides Gold Market Update and Portfolio Progress

OBUL · Price

Executive Summary

  • One Bullion Ltd. provided a market update highlighting extensive exploration progress across its three Botswana greenstone belt projects (Kraaipan, Vumba, Maitengwe).
  • Significant historic drilling intercepts were disclosed for the Vumba Belt, confirming a continuous gold system with expansion potential; 26 high‑sulphide IP targets identified at Kraaipan.
  • The company announced a grant of 1,000,000 restricted share units to a director/officer and outlined 2026 exploration plans (magnetic surveys, additional drilling).

Key Details

  • Kraaipan Greenstone Belt
  • Controls ~65 km of strike on the western limb; proximity to operating Kalgold Mine (610,864 oz Proven & Probable Reserves; 1.58 M oz Measured & Indicated Resources).
  • Completed an Induced Polarization (IP) survey identifying 26 high‑sulphide priority targets for future follow‑up.

  • Vumba Greenstone Belt

  • Exploration to date: systematic soil sampling, ~17 km trenching, 11 km RC drilling, 3 km diamond drilling.
  • Historic surface samples (e.g., OB1080 – 116 g/t Au; OB1081 – 44.5 g/t Au).
  • Historic drilling highlights:
    • SD071 – 41.50‑44.00 m (2.50 m @ 42.82 g/t Au)
    • SR033 – 23.00‑24.00 m (1.00 m @ 30.02 g/t Au)
    • SR043 – 18.00‑21.00 m (4.00 m @ 9.63 g/t Au)
    • SR088 – 54.00‑61.00 m (7 m @ 6.30 g/t Au)
    • SR041 – 3.00‑14.00 m (11 m @ 6.03 g/t Au)
    • SR083 – 8.00‑28.00 m (20 m @ 1.97 g/t Au)
  • Confirms a continuous gold system with meaningful expansion potential.
  • Planned 2026 activities: detailed magnetic survey followed by additional drilling to delineate mineralized zones and test undrilled targets.

  • Maitengwe Greenstone Belt

  • Early‑stage discovery area; ~47 km of greenstone identified.
  • Grab samples up to 4.7 g/t Au.
  • 2026 plan: property‑wide magnetic survey in Q1, initial drilling in Q2.

  • RSU Grant

  • Granted 1,000,000 restricted share units (RSUs) to a director/officer; each RSU convertible into one common share; vesting on Jan 15 2027.

  • Technical Disclosure

  • All technical information reviewed and approved by qualified person Rory Kutluoglu, P.Geo (NI 43‑101).

Notable Quotes

“Gold is reasserting itself as a monetary asset at a time when confidence in traditional financial systems is increasingly being tested,” – Adam Berk, CEO.
“With 65 km of strike control at Kraaipan, 26 priority targets already defined, and strong grades in drilling from Vumba, we believe the Company offers shareholders meaningful leverage to gold as we capitalize a historically strong gold environment.” – Adam Berk, CEO.

Read the original news release →

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