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One Bullion Starts 2026 Diamond Drilling Program at Vumba Gold Project

One Bullion Starts 2026 Diamond Drilling Program at Vumba Gold Project

MT newswireMT newswire2026/08/27 13:31
09:31 AM EDT, 08/27/2026 (MT Newswires) -- One Bullion Limited (OBUL.V) on Thursday said it launched a drilling program at its flagship Vumba Gold project in Botswana. The company's 2026 exploration drilling program plans about 3,000 meters of drilling across ten holes and follows a technical review of historic and recent drilling, trenching, surface geochemistry, geological mapping and its recently completed high-resolution airborne magnetic survey, it said. "The focus of this program is to move Vumba from identifying gold mineralization to defining the geometry, continuity and structural controls of the system. The results will help us build a stronger three-dimensional geological model, refine our understanding of the highest-priority zones and position the company for the next phase of systematic exploration," chief executive Adam Berk said in a release. Shares of the company closed unchanged at C$0.485 on Wednesday on the TSX Venture Exchange.
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