Oracle Mining Corp. (fka OMCCF)

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Oracle Mining Hires European IR Consultants

Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX VENTURE:OMN)(OTCQX:OMCCF) announces that it has retained Deutsche Investor Relations GmbH ("DIRG") and Accent Marketing GmbH ("Accent") to provide Oracle Mining with investor relations services in Europe. DIRG and Accent are at arm's length to Oracle Mining.

DIRG is a Berlin-based investor relations firm that provides a multitude of investor relations services to publicly traded companies looking to establish support in German-speaking Europe. DIRG will create an online presence for Oracle Mining through the creation of a corporate profile on www.wallstreetonline.de, with the intent of creating a multifaceted investor relations program based on this profile.

Accent is a Munich-based investor relations firm that provides investor relations services in Europe through newsletters, financial journalist introductions, media release distribution and other services.

Pursuant to an agreement between DIRG and Oracle Mining, DIRG will be paid EUR2,500 EURO per month to provide services for a period of one year. Pursuant to an agreement between Accent and Oracle Mining, Accent will be paid US$15,000 per quarter to provide services for a period of a minimum of six months.

The Board of Directors has approved and granted stock options to DIRG and Accent pursuant to the agreements. Options were granted to DIRG to purchase 100,000 common shares and to Accent for 150,000 common shares in the capital of the Corporation, exercisable for a period of two years at a price of $1.07 per share and subject to the terms and conditions of the Corporation's Stock Option Plan and TSX Venture Exchange approval. The stock options vest quarterly from the date of grant, with 25% of the options vesting on each of the dates 3 months, 6 months, 9 months and 12 months from the date of grant.

About Oracle Mining Corp.

Oracle Mining Corp. (TSX VENTURE:OMN)(OTCQX:OMCCF) is a Vancouver, Canada-based corporation with a focus on uncovering overlooked deep-value projects to achieve superior shareholder returns. The Corporation is the sole owner and operator of Oracle Ridge Mining LLC and copper mine located 24 km northeast of Tucson, Arizona. Oracle Mining has cash on hand of approximately $12 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience.