Oracle Mining Corp. (fka OMCCF)

[lmcat]

In September 2010, Oracle Mining Corp, formally Gold Hawk Resources Inc. acquired the Oracle Ridge Copper Mine located 24 km northeast of Tucson, Arizona.

The pre-permitting stage is underway and underground confirmation drilling of the historic resource is planned to begin in early 2011. New drill results will be used to verify existing data and to complete a NI 43-101 compliant technical report on reserves and resources.

The Oracle Ridge Copper Mine, an underground operation from 1991 to 1996, operated at a rate of approximately 1,000 tons per day. The mine closed in 1996 due to operating difficulties and low copper prices and there has been no mining or exploration activity on the property since 1996. Immediately prior to the mine closing, a feasibility study was completed to increase production to 2,000 tons per day. The old production facility has been removed and there is currently no production facility on site.

A significant portion of the property has not been drill tested. Future exploration will include an underground core drilling program to locate additional potential areas of mineralization.

With the acquisition of the Oracle Ridge Copper Mine, and given Oracle Mining Corp's current cash position, the Company is well-positioned to implement a strategy for growth that it believes will bring value for shareholders.