TSXV: OBUL
TSXV: OBUL
Most Advanced One Bullion Project with High-Grade Gold Drill Intercepts
Location
PL 153-2016
Property size
41 km² (10,131 acres)
Ownership
100%
Commodity
Gold
Infrastructure
Core facility, road access, drill camp, water, and logistics support in place
Deposit Type
Orogenic gold
Within a highly prospective greenstone terrain, on the same belt as Zimbabwe’s Blanket Gold Mine — a proven gold-producing region.
AI-driven targeting and IP survey identified 16 high-confidence drill targets, validated by intercepts up to 20.9 g/t Au over 1 meter.
IP survey conducted, initial trenching and drilling completed. Au-drill intercepts and multiple mineralization styles to be further tested.
VUDD005: 1m @ 20.9 g/t Au (highest grade)
Multiple 1m intercepts >10 g/t Au
Broad zones averaging ~2.4 g/t Au for intercepts >0.5 g/t
Shallow mineralization supports potential open-pit development
The Vumba Project lies on the same regional greenstone terrain as the Blanket Gold Mine, which has produced over 1.5 million ounces of gold, underscoring the district’s proven endowment.
Exploration at Vumba is currently focused on PL 153-2016 and situated on the same greenstone belt as Zimbabwe’s Blanket Gold Mine.
IP survey conducted, initial trenching and drilling completed.
Au-drill intercepts and multiple mineralization styles to be further tested.
Drilling to date:
On-site infrastructure includes a fully operational drill camp and core shack, enabling efficient core processing and storage. Water access is already secured, supporting both drilling and daily operational needs. These existing facilities have allowed the project team to maintain consistent exploration activity without major logistical hurdles.
The project benefits from a strong logistical position, with proximity to an active mining region and existing service networks. This reduces supply chain friction, lowers operational costs, and positions Vumba for scalable development with minimal infrastructure investment required in the near term.
Mineralization resembles the characteristics of deposits in the region. Pervasive ‘flood silica’ alteration, suggesting more bulk tonnage potential. Previous exploration focused on veins.
