202615 releases
One Bullion Receives Final Maitengwe Airborne Geophysical Dataset and Provides Vumba Drilling Update
Final processed magnetic and radiometric data have been received from the 2026 airborne survey at the Maitengwe Gold Project in Botswana, covering 11,654 line kilometers at 50-meter line spacing across the 58,075-hectare project, and are being integrated with historical datasets to rank drill targets beneath Kalahari cover. At Vumba, holes VUDD017 and VUDD018 were completed at Vumba Central and VUDD019 reached 315 meters at the North Main deep target; drilling continues with VUDD020, followed by planned VUDD021. VUDD017 samples are at ALS Johannesburg, with initial results expected in about 14 days. No assays are reported.
Drill resultsOne Bullion Completes Second Hole of 2026 Drilling Program at Vumba Gold Project
Diamond drill hole VUDD018 has been completed to 350.85 m at the Central–Makoba target (VGT-01) at the wholly owned Vumba Gold Project in northeastern Botswana, the second hole of an approximately 3,000-metre 2026 program. Preliminary logging records amphibolite-dominated rock with repeated silica and carbonate alteration, quartz–carbonate veining, and arsenopyrite with lesser pyrite; no assays are available. Drilling has begun on VUDD019, a deeper northern test oriented 267° true at −69° dip with a planned depth of 425 metres.
Drill resultsOne Bullion Completes First Hole of 2026 Drilling Program at Vumba Gold Project
Diamond drill hole VUDD017 has been completed to 380 meters at the Central–Makoba target (VGT-01) at the wholly owned Vumba Gold Project in northeastern Botswana, the first hole of an approximately 3,000-meter, 10-hole 2026 program. Core logging records amphibolite with silica–carbonate alteration, quartz–carbonate veining and locally observed sulfides; no assays are reported. The full hole will be sampled at nominal one-meter intervals and sent to ALS, with initial assays expected four to six weeks after receipt. Drilling of VUDD018 has commenced.
Drill resultsOne Bullion Commences 2026 Diamond Drilling Program at Vumba Gold Project
Diamond drilling has begun at the Vumba Gold Project in Botswana, with a planned program of approximately 3,000 meters of HQ diamond drilling across ten holes using oriented core to test the orientation, continuity and plunge of mineralized structures across three priority structural corridors (Central, South and North). The first hole, VUDD017, is testing the Central corridor. An airborne geophysical survey at the Maitengwe Gold Project has been completed and results are being processed.
Drill resultsOne Bullion Secures Fully Funded August Drill Campaign Following Completion of Vumba Geophysics
A maiden diamond drill program of approximately 3,000 meters of HQ drilling is scheduled to begin in August 2026 in Botswana, fully funded, under an executed contract with Mindea Exploration and Drilling Services (Pty) Ltd., with mobilization expected by August 2026. The high-resolution geophysical survey at the Vumba Gold Project is complete and the Maitengwe survey is about 40% complete. One Bullion also granted an aggregate of 175,000 restricted share units to officers and directors.
Drill resultsOne Bullion Commences High-Resolution Airborne Geophysical Survey at Vumba Gold Project in Botswana and Appoints Joe Van Wyk as Vice President, Exploration
A high-resolution airborne horizontal-gradient magnetic survey began July 2, 2026 over the Vumba License in Botswana, flown by Xcalibur Smart Mapping, taking about 10 days, with initial results and interpretation anticipated by late July 2026; a survey of the Maitengwe project will follow. A fully funded maiden drill campaign at Vumba of approximately 3,000 metres across about 15 holes, each from surface to roughly 200 metres depth, is targeted to start in August 2026. Joe Van Wyk was appointed Vice President, Exploration.
Drill resultsOne Bullion Announces Board Transition
Sheldon Inwentash has resigned as a director of One Bullion Ltd., effective June 29, 2026, following the Company's public listing in late 2025. Inwentash was a founding director and officer and served through One Bullion's initial fundraising and organizational stages. The company holds approximately 8,004 km² across three greenstone belt-hosted gold projects in Botswana: Vumba, Kraaipan and Maitengwe.
ManagementOne Bullion Announces Share Consolidation
A maiden diamond drill program of approximately 3,000 meters is set to begin in August 2026 at the Vumba Gold Project, with Mindea Exploration and Drilling Services (Pty) Ltd. contracted for the work. The Vumba geophysical survey has been completed and the Maitengwe survey is approximately 40% complete, as the company moves from target generation to drilling.
CorporateOne Bullion Limited Announces High Resolution Airborne Geophysical Survey to Advance Drill Targeting at Vumba and Maitengwe Projects
Xcalibur Smart Mapping has been engaged to fly approximately 16,350 line-kilometers of high resolution airborne magnetic gradiometer and radiometric surveying over the Vumba (2,400 line-km) and Maitengwe (13,950 line-km) projects in Botswana's North-East and Central Districts, at 50-meter line spacing with 500-meter tie-lines. Surveys start within weeks and take about five weeks, with preliminary results one week after completion and interpreted data roughly four weeks later. One Bullion also granted 1,000,000 restricted share units vesting January 26, 2027, and signed a market-making agreement with Independent Trading Group dated January 6, 2026 at Cdn$5,500 per month.
Drill resultsOne Bullion Limited Provides Gold Market Update and Portfolio Progress
An exploration update covers One Bullion's three Botswana greenstone belt projects. At Kraaipan, where the Company controls approximately 65 linear kilometers of strike, an induced polarization survey identified 26 high-sulphide priority targets, with mapping and prospecting results pending. At Vumba, historic drilling returned intervals including 2.50 m at 42.82 g/t Au and 20.00 m at 1.97 g/t Au; a magnetic survey and further drilling are planned for 2026. Maitengwe magnetics are set for Q1 2026 with initial drilling in Q2 2026. The Company also granted 1,000,000 restricted share units to a director and officer, vesting January 15, 2027.
CorporateOne Bullion Limited Announces Market Making Agreement
One Bullion Limited (TSXV: OBUL), formerly Imperial Ginseng Products Ltd., has entered a market making agreement dated December 17, 2025 with Generation IACP Inc. to effect trades in its common shares to increase liquidity. The initial term is six months, renewable for subsequent six-month terms unless terminated by the Company on 30 days notice, with a fee of Cdn$8,500 per month subject to a 3% increase on each anniversary. Generation receives no shares or options. The agreement is subject to TSX Venture Exchange approval.
Corporate
20252 releases
One Bullion Limited announces closing of $5.3 Million financing, Completion of Reverse Takeover and expected commencement of trading on TSX Venture Exchange
The reverse takeover of Imperial Ginseng Products Ltd. by private gold explorer One Bullion Limited has closed, with 174,683,983 post-consolidation common shares issued to OBL shareholders, a 1-for-1.25 share consolidation and a name change to One Bullion Limited. A concurrent brokered private placement of subscription receipts raised gross proceeds of $5,326,202, with warrants exercisable at $0.48 for two years. Shares are expected to begin trading on the TSX Venture Exchange under the symbol OBUL on December 22, 2025, subject to final TSXV approval. The company holds three gold projects covering 8,004 km² in Botswana.
Financing