One Bullion Limited
One Bullion Limited is a Vancouver-headquartered gold explorer with 100% ownership of three exploration properties spanning ~8,004 km2 across three greenstone belts in Botswana, with 26 documented gold occurrences: the Kraaipan Gold Project (49 identified targets; Phase 2 planning a 20,000m drill program across a ~170km strike-length greenstone belt), the Maitengwe Gold Project (132 km2, 6 high-priority targets, between Tutume and the Zimbabwean border), and the Vumba Gold Project (on the same greenstone belt as Zimbabwe's Blanket Gold Mine, with broad near-surface mineralization reported). No resource estimate has yet been published.
Notable vs. Peers
- Trading within 4% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Jurisdiction (40%)8/10
Its three gold properties, including Kraaipan and Maitengwe, are in Botswana, which has one of Africa's most stable, established and mining-friendly governance records.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Kraaipan Gold Project, Botswana (checked Oct 5, 2026; recheck due Apr 3, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:8/10
Botswana: jurisdiction score 8/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Chief Executive Officer and President of One Bullion Limited, a Toronto-headquartered gold exploration company advancing high-quality gold assets in Botswana. Company began trading on the TSX Venture Exchange under "OBUL" effective December 22, 2025 following a reverse takeover.
Chief Operating Officer and Director of One Bullion Limited.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Rab Capital Holdings Ltd -- the holding vehicle of Philip Richards's London-based natural-resources hedge fund RAB Capital -- is a disclosed 10%+ holder with real, recent, dated open-market purchases through July 2026, a genuine specialist conviction signal. Director Sheldon Inwentash, himself a well-known junior-resource financier via ThreeD Capital, both bought and sold heavily on One Bullion's own register this year, with his selling outweighing his buying.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
One Bullion holds 100% of three gold exploration properties covering about 8,004 km2 across three greenstone belts in Botswana, with 26 documented gold occurrences. They are the Kraaipan project, with 49 identified targets along a greenstone belt of about 170km, the Maitengwe project between Tutume and the Zimbabwean border, which received environmental approval in May 2026, and the Vumba project, on the same greenstone belt as Zimbabwe's Blanket gold mine. Its first diamond drilling program at Vumba, about 3,000m, began in August 2026 after an airborne geophysical survey, and by early October two holes had been completed, with assays pending. No resource estimate has been published.