One Bullion Limited Provides Gold Market Update and Portfolio Progress

Core Insights - One Bullion Ltd. is advancing its gold exploration projects in Botswana, focusing on the Kraaipan and Vumba Greenstone Belts, which show significant potential for gold production [1][4][17] - The company has reported strong initial exploration results, confirming a continuous gold system with expansion potential [1][10] Industry Overview - Gold prices have reached all-time highs, exceeding $4,600 per ounce, driven by safe-haven demand amid geopolitical and macroeconomic uncertainties [2] - Central bank buying and concerns over currency debasement continue to support gold as a resilient investment asset [3][4] Company Developments - One Bullion controls approximately 65 kilometers of strike along the Kraaipan Greenstone Belt, which includes the Kalgold Mine with proven reserves of 610,864 ounces of gold [5][6] - The company has identified 26 high-sulphide priority targets through an extensive Induced Polarization survey, indicating strong potential for systematic follow-up [7] - The Vumba Greenstone Belt has shown evidence of a large, structurally controlled gold system, with extensive exploration work confirming its mineralization potential [9][10] - The Maitengwe Greenstone Belt is emerging as a new discovery opportunity, with initial sampling returning gold values up to 4.7 g/t [11] Future Plans - One Bullion plans to conduct a detailed magnetic survey and additional drilling in 2026 to further delineate mineralized zones and test undrilled targets [10][12] - The company is focused on disciplined execution and capital efficiency, with multiple projects advancing toward drill-ready status [12]