Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Production / Operations

One Bullion Limited Announces High Resolution Airborne Geophysical Survey to Advance Drill Targeting at Vumba and Maitengwe Projects

OBUL · Price

Executive Summary

  • One Bullion Ltd. has engaged Xcalibur Smart Mapping to conduct a high‑resolution airborne magnetic gradiometer and radiometric survey over its Vumba and Maitengwe projects in Botswana, covering ~16,350 line‑kilometers.
  • The company granted 1,000,000 restricted share units (RSUs) to a director/officer, vesting on Jan 26 2027.
  • One Bullion entered a month‑to‑month market‑making agreement with Independent Trading Group, Inc., paying C$5,500 per month for liquidity services.

Key Details

  • Survey Scope: 2,400 line‑km over Vumba; 13,950 line‑km over Maitengwe; 50 m line spacing, 500 m tie‑lines.
  • Survey Duration: Approximately five weeks of flight time; preliminary results within one week of completion; full processed data ~four weeks later.
  • Technical Specs: Horizontal magnetic gradiometer system delivering 0.01 nT sensitivity; fully corrected magnetic, radiometric and gravity products.
  • Project Size: Maitengwe covers 580.75 km² with minimal surface exposure due to Kalahari sediments.
  • RSU Grant: 1,000,000 RSUs convertible into common shares at no additional consideration; vesting date Jan 26 2027.
  • Market Maker Agreement:
  • Parties: One Bullion Ltd. and Independent Trading Group (ITG), Inc.
  • Term: Initial one‑month term, renewable monthly; terminable with 30‑day notice or for cause.
  • Compensation: C$5,500 per month paid by One Bullion to ITG.
  • No shares, options, or funds transferred to ITG as compensation.
  • Regulatory: Agreement subject to TSX Venture Exchange approval.

Notable Quotes

  • “These surveys are a critical step in systematically unlocking value across our portfolio and positioning the Company for a focused and efficient drill program later this year,” – Adam Berk, CEO.
Read the original news release →

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