# 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--e4b02405-d0fb-4f16-a3ab-8f7e6e0d27d2

Original source: https://www.globenewswire.com/news-release/2026/09/16/3363066/0/en/one-bullion-completes-first-hole-of-2026-drilling-program-at-vumba-gold-project.html

Publisher: globenewswire

Original announcement: 2026-09-16T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-16T12:36:23.753Z

Atlas analysis updated: 2026-09-16T12:36:23.753Z

- Company: One Bullion Ltd.

- Ticker: OBUL

- Exchange: Unavailable

- Region: Botswana

- Primary commodity: Gold

- Secondary commodities: Arsenic, Sulfur

- Document categories: Drill results, Other

- Extracted: 2026-09-16 12:36:24 UTC

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas summary

One Bullion has completed the first 380-meter diamond drill hole \(VUDD017\) of its 2026 drilling program at the Vumba Gold Project in Botswana. While visual logging identified silica-carbonate alteration and sulfides, no assay results were reported in this release.

Reasoning: The announcement reports the completion of a drill hole and geological observations, but contains no assay results to confirm mineralization or grade.

- Positive factor: completion of first hole of 2026 program

- Positive factor: visual identification of sulfides and alteration

- Positive factor: drilling program is underway

- Negative factor: no assay results available

- Negative factor: visual observations do not establish grade or economic significance

Facts used in scoring: 1

## Classification and evidence

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: The company has planned QA/QC but results are not yet available to verify.

Evidence · text

> No assay results for VUDD017 are available.

## 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--e4b02405-d0fb-4f16-a3ab-8f7e6e0d27d2#fact-drill-facts-0)

Vumba · gold

#### Identity

- Hole ID: VUDD017
- Project: Vumba
- Commodity: gold
- Region: botswana
- Reported Region: botswana
- Ticker: OBUL

#### Geometry

- From: 0 m
- Hole Depth: 380 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 535976
- Northing: 7712693
- CRS: WGS84 / UTM Zone 35S
- EPSG: 32735
- Elevation: 1219 m
- Azimuth: 269 °
- Dip: -58 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, sulfur

#### Review

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

#### Dates

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

Reasoning: Hole completed but no grades reported.

- 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

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

## 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.