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Imperial Ginseng Products ( (TSE:OBUL) ) just unveiled an announcement.
One Bullion has engaged Xcalibur Smart Mapping to carry out a high-resolution airborne magnetic gradiometer and radiometrics survey over its Vumba and Maitengwe projects in Botswana, covering approximately 16,350 line-kilometres at tight 50-metre line spacing. The program is expected to significantly improve the company’s geological understanding—especially at the large, poorly exposed Maitengwe property—by identifying structural corridors and features that may host mineralization, thereby reducing exploration risk and informing its 2026 drill planning. The surveys are scheduled to begin within weeks and run for about five weeks, with preliminary data due shortly after completion and fully processed results to follow, underpinning a more targeted and capital-efficient exploration push following One Bullion’s recent public listing. In parallel, the company has granted 1,000,000 restricted share units to a director and officer, vesting in 2027, and has retained Independent Trading Group as a market maker to enhance liquidity in its shares on the TSX Venture Exchange, moves that aim to align management incentives and support stronger trading dynamics as exploration momentum accelerates.
More about Imperial Ginseng Products
One Bullion Ltd. is a Vancouver-based gold exploration company listed on the TSX Venture Exchange, holding full ownership of three highly prospective mining areas in Botswana. Its primary focus is advancing early-stage gold projects, including the Vumba and Maitengwe properties in the North-East and Central Districts, respectively, by leveraging modern geophysical techniques to define drill-ready targets and unlock the potential of largely underexplored terrains.
Average Trading Volume: 637,668
Technical Sentiment Signal: Hold
Current Market Cap: C$15.07M
Learn more about OBUL stock on TipRanks’ Stock Analysis page.