# One Bullion Completes First Hole of 2026 Drilling Program at Vumba Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/one-bullion-completes-first-hole-of-2026-drilling-program-at-vumba-gold-project--ab1102ba-fd92-4802-9c3b-ad2916969ba2

Original source: https://orestocks.com/company/OBUL.V/press-releases/8227008041005239

Publisher: orestocks

Original announcement: 2026-09-16T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-16T11:49:08.804Z

Atlas analysis updated: 2026-09-16T11:49:08.804Z

- Company: One Bullion Ltd.

- Ticker: OBUL.V

- Exchange: Unavailable

- Region: Botswana

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-09-16 11:49:09 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

One Bullion has completed the first hole \(VUDD017\) of its 2026 drilling program at the Vumba Gold Project in Botswana. While visual logging identified quartz-carbonate veining and sulfides, no assay results were reported in this release.

Reasoning: The release reports the completion of a drill hole and geological observations, but contains no assay results to establish grade or economic significance.

- Positive factor: completion of first hole of 2026 program

- Positive factor: identification of alteration and sulfides

- Positive factor: QA/QC protocols and accredited lab planned

- Negative factor: no assay results available

- Negative factor: visual observations are preliminary

Facts used in scoring: 1

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The company stated that certified reference materials, blanks, and duplicates will be included in submissions to an ISO/IEC 17025-accredited lab.

Evidence · text

> Certified reference materials, blanks and duplicates will be included in the analytical submissions to ALS Laboratories in South Africa, an ISO/IEC 17025-accredited facility

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program is described as testing the down-dip extension of an interpreted mineralized corridor to refine the exploration model.

Evidence · text

> VUDD017 was designed to test the down-dip extension of the interpreted mineralized corridor

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### VUDD017

[Link to this fact](https://atlas-staging.minestarters.com/news/one-bullion-completes-first-hole-of-2026-drilling-program-at-vumba-gold-project--ab1102ba-fd92-4802-9c3b-ad2916969ba2#fact-drill-facts-0)

Vumba

#### Identity

- Hole ID: VUDD017
- Project: Vumba
- Region: botswana
- Reported Region: botswana
- Ticker: OBUL.V

#### Geometry

- Hole Depth: 380 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Central–Makoba target
- Easting: 535976
- Northing: 7712693
- CRS: WGS84 / UTM Zone 35S
- EPSG: 32735
- Elevation: 1219 m
- Azimuth: 269 °
- Dip: -58 °
- Loc. Source: document

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: No
- Interp. Status: zero\_all
- Historical: No

#### Dates

- Event date: 2026-09-16T00:00:00.000Z

Reasoning: No assay results were provided in the document.

- Negative factor: no assay results available

Evidence · text

> No assay results for VUDD017 are available.

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.