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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/one-bullion-completes-second-hole-of-2026-drilling-program-at-vumba-gold-project--6b9b0e4e-cb12-4020-82c4-959227a018fe

Original source: https://www.globenewswire.com/news-release/2026/10/01/3372767/0/en/one-bullion-completes-second-hole-of-2026-drilling-program-at-vumba-gold-project.html

Publisher: globenewswire

Original announcement: 2026-10-01T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T12:37:16.591Z

Atlas analysis updated: 2026-10-01T12:37:16.591Z

- Company: One Bullion Ltd.

- Ticker: OBUL

- Exchange: Unavailable

- Region: Botswana

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Other, Drill results

- Extracted: 2026-10-01 12:37:17 UTC

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas summary

One Bullion has completed diamond drill hole VUDD018 at the Vumba Gold Project in Botswana. While preliminary logging identified silica-carbonate alteration and sulfides, no gold assay results were reported in this release.

Reasoning: The announcement reports the completion of a drill hole and preliminary geological logging, but explicitly states that no assay results are available to confirm mineralization.

- Positive factor: Completion of second hole in 3,000m program

- Positive factor: Visual identification of sulfides and alteration

- Positive factor: Drilling progressing to next target

- 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

Story-specific tag

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 release describes planned QA/QC protocols but does not provide results from completed assays.

Evidence · text

> No assay results for VUDD018 are available.

## Extracted facts

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

## Drill Results (1)

### VUDD018

[Link to this fact](https://atlas-staging.minestarters.com/news/one-bullion-completes-second-hole-of-2026-drilling-program-at-vumba-gold-project--6b9b0e4e-cb12-4020-82c4-959227a018fe#fact-drill-facts-0)

and the preliminary logging is giving us an important second structural view of the

#### Identity

- Hole ID: VUDD018
- Project: and the preliminary logging is giving us an important second structural view of the
- Region: botswana
- Reported Region: botswana
- Ticker: OBUL

#### Geometry

- Hole Depth: 350.85 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Location: Central–Makoba
- Easting: 535894
- Northing: 7712640
- Azimuth: 330 °
- Dip: -60 °
- 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: scored
- Historical: No

#### Dates

- Event date: 2026-10-01T00:00:00.000Z

Reasoning: Hole completed and logged, but lacks assay data to confirm gold presence.

- Negative factor: No assay results available

Evidence · text

> No assay results for VUDD018 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.