TSXV: OBUL
Early-Stage Gold Project Targeting Shallow High-Grade Mineralization
Location
Between the town of Tutume and the Zimbabwean border, Botswana.
Property size
582.15 km²
(143,852 acres)
Ownership
100%
Commodity
Gold
Infrastructure
Basic groundwork initiated — includes 80+ km of bush clearing completed to enable geophysical surveying
Deposit Type
Orogenic gold
Covering a vast area within Botswana’s exposed granite-greenstone terrain, part of the under-explored greenstone belts.
Preparation for IP continuation has started, with over 80 km of bush clearing completed, setting the stage for further exploration.
The Vumba and Maitengwe properties lie in the Francistown area, a major Au-Cu-Ni producing region in Botswana, bordering western Zimbabwe, including mines like Monarch (Au), Mupane (Au), Mowana (Cu-Ag), Tati (Ni-Cu), and Selebi-Phikwe (Ni-Cu).
The Maitengwe Gold Property covers 132 km² and is situated between the developed town of Tutume and the Zimbabwean border.
Preparation work for the continuation of geophysical IP has already started and more than 80 kilometers of bush clearing has been completed. Gold targets have been compiled by comparing magnetic, gravity and geology to known deposits and refined to identify these high priority targets.
The project lies approximately 50 km from Tutume, a fully developed town with road infrastructure that supports access to the license area.
Over 80 kilometers of bush clearing has been completed across the license area in preparation for geophysical IP surveying. Tutume, as the nearest town, offers a potential base for supplies, accommodation, and basic operational support.
The project is positioned in a known mining jurisdiction, surrounded by historically productive mines including Monarch, Mupane, Tati, and Mowana. Proximity to both infrastructure and regional geological knowledge enhances the project’s exploration potential.