OMCCF FINRA deleted symbol:

http://otce.finra.org/DLDeletions

Nice to see Pima has perspicacious officials, good for Oracle and good for Oracle and Pima. Pinal and Florence, now different concerns.
Cheers Imcat

Oracle mine may get DEQ approval

June 27, 2012 12:00 am • Tony Davis Arizona Daily Star

Pima County's environmental chief, who denied an air-quality permit for the Rosemont Mine last year, plans to approve one for a much smaller copper mine slated for the back side of the Catalina Mountains.

The proposed Oracle Ridge Mine would emit few enough particulates that it's likely to meet federal air-quality standards, said Ursula Kramer, director of the Pima County Department of Environmental Quality.

County officials will hold a public hearing this evening in Catalina on the proposed permit. Barring the unforeseen, Kramer said, she expects to issue the permit, which is needed for the mine to operate, before the county's legal deadline of July 2013 to make a decision.

The Oracle Ridge mine would emit less particulate pollution than would the proposed Rosemont Mine and two other major existing copper mines south of Tucson - not just in raw numbers but in proportion to each mine's copper production, county figures show.

A key reason, Kramer said, is that Oracle Ridge would operate underground while the Asarco Mission Complex and Freeport McMoRan Copper and Gold's Sierrita Mine are open-pit mines, as Rosemont would be.

Particulates, tiny particles that are suspended in the air, are one of the most significant air pollutants in Pima County, county officials say. They are linked to a wide range of respiratory ailments in people, including asthma, influenza and lung cancer, the U.S. Environmental Protection Agency says.

Oracle Ridge Mining LLC's mine, lying mostly on private land about seven miles north of Summerhaven, would extract copper from a site that was mined from 1991 to 1996, then closed due to that era's low copper prices.

Parent company Oracle Mining Corp., based in Vancouver, Canada, bought the site in 2010, and hopes to resume mining there in late 2013. It will operate 11 years, employ 240 people and produce 25 million to 30 million pounds of copper yearly, its officials say.

Rosemont Copper company's Rosemont Mine would employ about 400 people and produce about 220 million pounds of copper a year, which would make it the country's fourth-largest copper mine, more productive than Sierrita or Mission.

Oracle Ridge would employ more people per pound of copper produced than the other area mines. Underground mines are traditionally more labor intensive than open-pit mines because the copper is harder to get to, said Jason Mercier, an Oracle Ridge vice president.

To minimize the mine's air-quality impacts, the Oracle Ridge Mine will put its crushing and grinding equipment underground, and controlled blasting will occur underground as the mine is developed further, Mercier said. Milling and flotation work will be above ground, he said.

Last year, the county's denial of a Rosemont air-quality permit caused Rosemont Copper to file suit against the county, then to ask the Arizona Department of Environmental Quality to take over the case. The state DEQ still has not decided on that, a spokesman said Tuesday.

Kramer said Rosemont Copper failed to show that the mine's emissions will meet federal air-quality standards.

With the Oracle Ridge Mine, by contrast, the expected emissions are low enough that the company didn't have to do computer model tests to see if they met federal standards, Kramer said. Because its emissions would be below those considered a major pollution source, "they are presumed to meet federal standards," Kramer said.

"They've been very cooperative," Kramer said of Oracle Ridge Mining officials.

http://azstarnet.com/business/local/article_224ab970-e932-5cce-a5e7-50d2588d03fe.html

The saying goes "slow but steady" although here the slow part probably does not apply, restart of a prior operation head-start and all.

TUCSON, Ariz. (AP) Pima County authorities are poised to allow a proposed copper mine to operate along the Catalina Mountains.

The Arizona Daily Star (http://bit.ly/M49iq5) reports county officials are scheduled to hold a public hearing Wednesday evening on whether to approve an air-quality permit for the Oracle Ridge Mine.

Ursula Kramer, director of the county's environmental quality department, says she expects to issue the permit. Kramer says the mine would emit few enough particulates to meet federal air-quality standards.

Officials say the Oracle Mine would create far less pollutants than the proposed Rosemont Mine, which was denied a permit last year.

Kramer says one reason is that Oracle Ridge would operate underground.

Parent company Oracle Mining Corp., based in Vancouver, Canada, plans to resume mining there in 2013 and employ 240 people.

Oracle Mining Engages SRK Consulting and KD Engineering to Deliver Feasibility Study
Kevin Francis Appointed Vice President, Technical Services for Oracle Mining

VANCOUVER, BRITISH COLUMBIA, May 10, 2012 (MARKETWIRE via COMTEX) -- Oracle Mining Corp. CA:OMN -0.88% (otcqx:OMCCF)(pinksheets:OMCCF) ("Oracle Mining" or the "Corporation") is pleased to announce hiring of international mining consultants SRK Consulting ("SRK") and KD Engineering ("KD") of Tucson, AZ to deliver a Feasibility Study and feasibility-level engineering design for the Oracle Ridge Copper Mine project near Tucson, AZ.

SRK will author the Feasibility Study and KD will complete the feasibility-level engineering of the processing facility and minesite infrastructure as well as contribute to the Feasibility Study.

In addition, Oracle Mining is pleased to announce the appointment of Mr. Kevin Francis, P. Geo, as the Corporation's Vice President of Technical Services to work with SRK and KD and lead the completion of the Feasibility Study and engineering and design of the processing facility and mill for the Oracle Ridge Copper Mine project.

"Kevin Francis's primary focus will be to oversee and deliver an NI 43-101-compliant Feasibility Study for the Oracle Ridge Copper Mine targeted for completion in the second half of 2012," said Mr. Doug Nicholson, CEO of Oracle Mining. "In addition, Kevin will add significant value to shareholders as he oversees technical functions relating to new opportunities and project evaluation."

SRK is an independent, international consulting practice that employs more than 1,200 professionals internationally in more than 44 offices on six continents and provides focused advice and solutions to clients, mainly from earth and water resource industries. For mining projects, SRK offers services from exploration through feasibility, mine planning, and production to mine closure. Among SRK's 1,500 clients are most of the world's major and medium-sized metal and industrial mineral mining houses, exploration companies, banks, petroleum exploration companies, construction firms and government departments. Oracle Mining will draw on the expertise of SRK professionals based in Colorado and Arizona for the Oracle Ridge Copper Mine project Feasibility Study.

KD is a provider of process engineering, design, procurement and construction management services. In conjunction with the affiliated company METCON Research, the company also provides quality analytical and metallurgical testing services. KD designs and builds processing plants primarily for the mining and mineral processing industries. Over the past 25 years KD projects have ranged from small mineral processing operations to 50,000 tons-per-day processing plants incorporating state-of-the-art technology.

Mr. Francis has more than 25 years of experience in integrating computerized geology and other mining disciplines used to improve resource estimation and mine reconciliation.

Prior to joining Oracle Mining Corp, Kevin was the Vice President of Resources for NovaGold Resources. In that role he managed all aspects of resource estimation, directed resource estimate activities, supervised mining professionals, participated in corporate development activities and the development of internal audit standards. Previously, he was the Principal Geologist at AMEC Americas providing consulting and project management services. He has significant experience at operating mines. Mr. Francis holds a Bachelor's degree in Geology and a Masters in Geology, both from the University of Colorado. Kevin is a qualified person as defined by NI 43-101.

Oracle Mining Appoints Paul Eagland as Executive Chairman

VANCOUVER, BRITISH COLUMBIA, Mar 30, 2012 (MARKETWIRE via COMTEX) -- Oracle Mining Corp. ("Oracle Mining" or the "Corporation") CA:OMN 0.00% (otcqx:OMCCF)(pinksheets:OMCCF)(frankfurt:OMC) is pleased to announce that Mr. Paul Eagland has been appointed Executive Chairman of the Board of Directors. Mr. Eagland most recently was the interim Chief Executive Officer of the Corporation until March 19.

"It is an honour to accept this senior role on our Board of Directors," said Mr. Eagland. "I have deep respect for our leadership team and the strong leadership by Doug Nicholson as our CEO ensures that we will continue to execute on our operations and growth strategies."

http://www.marketwatch.com/story/oracle-mining-appoints-paul-eagland-as-executive-chairman-2012-03-30-61470

With the recent mining boom in Arizona (don't know about other states) I doubt there is any used equipment available. If they are going to build a leach pond down in San Manuel that won't take long but will be expensive.

Looks like the market liked the new CEO.

The previous owners of Oracle Ridge trucked the ore down the mountain to the Magna mine in San Manuel but everything was removed and the smokestacks were destroyed in 2007.

With lead time for build and ship, good question (unless they could find decommissioned and for sale in NV/AZ/NM) but at least site engineering and prep should be simple. Equipment for underground and haulage has the same considerations.
The grade they have found by the new skarn shows potential that they could almost feed some material to the Tucson lapidary trade (although most miners no longer want to deal with that in the US)
Cheers Imcat

Oracle Mining Appoints Doug Nicholson as Chief Executive Officer

Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) is pleased to announce that Doug Nicholson has been appointed Chief Executive Officer by the Board of Directors, effective today.

Mr. Nicholson joined Oracle Mining in February as Chief Operating Officer and has undertaken a rigorous review of the Corporation's operations for the past month. He will continue to lead the Oracle Mining operations team in the re-start of the Oracle Ridge Copper Mine near Tucson, Arizona. He has extensive experience in the construction and management of mining operations in North America and will also lead all aspects of the Corporation's strategic planning and business development.

"It is an honour to take the leadership role with Oracle Mining as we develop a near-term copper project in a desirable jurisdiction," said Mr. Nicholson. "Oracle Mining is executing on a plan to production that will deliver value to shareholders and to the economy of the Tucson area."

Mr. Eagland, who has served as interim CEO since June 2011, has resigned as CEO effective today and will continue to serve the Board as a Director.

"The planned CEO transition began last year and the introduction of someone of Doug's accomplishments comes at the right time for Oracle Mining," said Mr. Eagland. "Doug has immediately proven himself an operations and corporate leader and we are confident he will bridge the transition into production."

Prior to joining Oracle Mining, Mr. Nicholson worked with NovaGold Resources Inc. and served as President of Donlin Gold LLC, a 50/50 joint venture between NovaGold and Barrick Gold Corp., assuming that role during nine years of service between 2002 and 2011. At Kinross Gold from 1992 to 2002, he was responsible for scoping, scheduling, developing mine plans and staffing for the Fort Knox Mine. He holds a BSc. in Mining Engineering from the University of Alaska, Fairbanks.

In addition, the Corporation is pleased to announce that Nafissa Upright has joined the Corporation as Vice President Development and Human Resources. Ms. Upright is a Certified General Accountant with experience in head office and project site offices at mining operations in the U.S. and Canada. Most recently with NovaGold Resources Inc. Ms. Upright served as Manager of Finance and Administration at Donlin Gold LLC. While at Donlin Gold, Ms. Upright was part of the leadership team that established the strategic direction of the start-up company. She was responsible for overseeing the financial and administrative functions, all HR programs as well as co-ordinating the annual capital budget process, corporate life of mine planning and budgeting. She recruited, developed and championed a high-performance team of administrative, procurement, HR, accounting and IT personnel.

I was surprised that they needed that much money to build a mill and processing plant. I wonder how long that will take, 3 -6 months?

catching up and the ramp-up here
things are moving faster

Oracle Mining Signs Term Sheet With Credit Suisse AG for Up to US$70 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Oracle Mining Corp. (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC)
("Oracle Mining" or the "Corporation") is pleased to announce that it has entered into a non-binding, indicative term sheet (the "Term Sheet") for project financing with Credit Suisse AG ("Credit Suisse") for a secured term loan of up to US$70 million (the "Loan Facility") in order to advance its Oracle Ridge Copper Mine re-start project in Arizona, USA.

"We are pleased to initiate the relationship with Credit Suisse for a key component of the financing of Oracle Ridge," said Mr. Paul Eagland, Oracle Mining's Chief Executive Officer. "Once put in place, the loan facility is expected to expedite Oracle Mining's re-start of the Oracle Ridge Copper Mine."

Entering into the Loan Facility remains subject to a number of conditions, including due diligence and the receipt of internal credit committee approvals by Credit Suisse, and the negotiation and execution of definitive documentation.

Oracle Mining Intercepts 25 Feet of 4.34% Copper and 27 Feet of 3.57% Copper in New Drilling

Oracle Mining Corp. (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) ("Oracle Mining" or the "Corporation") is pleased to announce the results of its ongoing drilling program at the Oracle Ridge Copper Mine, located in southern Arizona. Hole ODH-19 encountered six zones of greater than 1.0% copper mineralization, including 27 feet of 3.57% copper and 1.07 oz/ton silver. Assays for an additional zone in ODH-19 are pending.

Hole ODH-19 was drilled in the direction of a previously untested skarn bed located during recent surface mapping and is coincident with the edge of a geophysical anomaly. The presence of six separate intercepts indicates this area has the potential to host multiple skarn beds similar to the historic Zone 1 and 2 areas.

Additional holes were also drilled to define and enlarge the known extent of the Zone 4 Escabrosa limestone hosted skarn bed. Highlights of these holes include 25 feet of 4.34% copper and 1.11 oz/ton silver in ODH-15 and 59 feet of 2.32% copper in ODH-17.

The following tabulates the intercepts obtained from this phase of the drilling program.


----------------------------------------------------------------------------
Au Ag
From To Width Cu (oz/ (oz/
Hole (feet) (feet) (feet) (%) ton) ton) Zone Formation
----------------------------------------------------------------------------
ODH-012 527.5 542 14.5 1.86 0.008 0.39 4 Extension Escabrosa
----------------------------------------------------------------------------
ODH-015 552.0 612.0 60.0 2.84 0.012 0.72
---------------------------------------------------- 4 Extension Escabrosa
includes 567.0 592.0 25.0 4.34 0.017 1.11
----------------------------------------------------------------------------
ODH-016 500.0 507.5 7.5 1.63 0.014 0.48 4 Extension Escabrosa
----------------------------------------------------------------------------
ODH-017 520.0 579.0 59.0 2.32 0.013 0.55
---------------------------------------------------- 4 Extension Escabrosa
includes 560.0 579.0 19.0 2.85 0.017 1.00
----------------------------------------------------------------------------
and 619.0 629.0 10.0 1.72 0.010 0.53 2 Martin
----------------------------------------------------------------------------
and 659.0 669.0 10.0 1.90 0.010 0.55 2 Martin
----------------------------------------------------------------------------
ODH-018 508.0 523.0 15.0 2.07 0.014 0.50 4 Extension Escabrosa
----------------------------------------------------------------------------
ODH-019(i) 827.0 857.0 30.0 1.93 0.014 0.50
----------------------------------------------------
and 909.0 923.0 14.0 2.82 0.017 0.70
----------------------------------------------------
and 937.0 947.0 10.0 1.94 0.018 0.47 New Targets
---------------------------------------------------- between
and 1007.0 1034.5 27.5 3.57 0.024 1.07 Zones 11 and 12
----------------------------------------------------
and 1058.0 1067.0 9.0 1.92 0.010 0.35
----------------------------------------------------
and 1102.0 1117.0 15.00 2.00 0.010 0.63
----------------------------------------------------------------------------
ODH-020 421.0 431.0 10.0 1.86 0.008 0.60 4 Extension Escabrosa
----------------------------------------------------------------------------
ODH-021(i) 456.0 486.0 30.0 1.55 0.008 0.33
---------------------------------------------------- 4 Extension Escabrosa
includes 471.0 486.00 15.00 2.17 0.011 0.44
----------------------------------------------------------------------------
(i) Assays pending for other zones

Intervals were calculated using an external 1.0% copper cut-off and may include internal waste to reflect a potential mineable width. Holes ODH-13 and ODH-14 encountered only sub 1.0% copper mineralization. True widths will need to be modeled but are believed to be 70% to 100% of the stated interval length. Intervals labeled "Includes" are higher-grade portions of the previous listed interval. Assays for copper, silver and gold were performed by Skyline Labs of Tucson, Arizona on split core samples using standard industry accepted techniques.

The results encountered in Hole ODH-19 continue to reinforce the Corporation's belief that the undrilled portions of the property have significant potential to host additional +1.0% copper mineralization. Drilling is currently underway on two targets outside of the historically drilled area of the property.

These holes were drilled as part of the Corporation's ongoing historic data base confirmation program. The successful completion of the validation program will allow the Corporation to undertake a National Instrument 43-101 compliant resource estimation. Results to date compare well with the historic data.

The technical information in this media release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed by Glenn R. Clark, P.Eng., of Glenn R. Clark & Associates Limited, a consultant for Oracle Mining and a Qualified Person under NI 43-101, who is responsible for the technical information reported herein.

About Oracle Mining Corp.

Oracle Mining Corp. (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) 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 minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience.

Forward-looking Statement Disclaimer

This document may contain "forward-looking statements" within the meaning of Canadian securities legislation. These forward-looking statements are made as of the date of this document and Oracle Mining Corp. (hereinafter referred to as the "Corporation") does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management of the Corporation's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the development of the Oracle Ridge Copper Mine, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the receipt of permits to develop and operate the project, the timing and amount of estimated future production, costs of production, access to capital, capital expenditures, success of mining operations, commodity prices, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology.

By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to the Corporation's actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Corporation's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Contacts:

Oracle Mining Corp.

Mr. Alex Langer

Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) is pleased to announce that Doug Nicholson has joined the Corporation as Chief Operating Officer, effective February 1, 2012.

Mr. Nicholson will lead the Oracle Mining operations team in the re-start of the Oracle Ridge Copper Mine near Tucson, Arizona. He has extensive experience in the construction and management of mining operations in North America and will also be directly involved in all aspects of the Corporation's strategic planning and business development.

"Doug has an outstanding track record of achievements, he brings a wealth of experience in operations management and professional acumen to our company," said Mr. Paul Eagland, Oracle Mining's CEO. "He is an excellent addition to the Oracle Mining team and will play a key role in achieving our goal of re-starting the Oracle Ridge Copper Mine."

Prior to joining Oracle Mining, Mr. Nicholson worked with NovaGold Resources Inc. and served as President of Donlin Gold LLC, a 50/50 joint venture between NovaGold and Barrick Gold Corp., assuming that role during nine years of service between 2002 and 2011. At Kinross Gold from 1992-2002, he was responsible for scoping, scheduling, developing mine plans and staffing for the Fort Knox Mine. He holds a BSc. in Mining Engineering from the University of Alaska, Fairbanks.

The Board of Directors has also approved and granted stock options to Mr. Nicholson. Options were granted to purchase 200,000 common shares in the capital of the Corporation, exercisable for a period of five years at a price of $1.12 per share and subject to the terms and conditions of the Company's Stock Option Plan and Toronto Stock Exchange approval. The common share stock options vest one-third immediately upon the date of grant, one-third will vest 12 months from the date of grant and the final one-third of the options will vest 24 months from the date of grant.

Oracle Mining Announces Private Placement Offering


Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) is pleased to announce that, subject to applicable regulatory approval, it intends to carry out a private placement (the "Private Placement") for up to 7,800,000 common shares (the "Shares") of the Corporation at a subscription price of $1.25 per Share, raising aggregate gross proceeds of up to $9,750,000.

Oracle Mining expects the Private Placement to close as soon as practicable after receipt of final Toronto Stock Exchange (the "TSX") approval. The Corporation intends to use the proceeds of the Private Placement for expenditures related to its Oracle Ridge Copper Mine project near Tucson, Arizona and general corporate purposes.

All securities distributed pursuant to the Private Placement will be subject to a hold period of four months following closing in accordance with applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws.

In connection with the Private Placement, the Corporation has engaged a finder and has agreed to pay to the finder a cash finder's fee equal to 6% of the gross proceeds raised from the sale of Shares placed by the finder.

This media release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States. The Shares will not be offered or sold in the United States or to, or for the account of, United States persons except to accredited investors pursuant to the exemption from the registration requirements contained under the United States Securities Act of 1933, as amended, to deal with the possibility that the Shares may be sold to United States persons.

Information on Oracle Mining Corp. can be verified here.

http://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=CompanySummary&PO_ID=1024743&HC_FLAG1=&HC_FLAG2=ON

Name History From To
*Oracle Mining Corp. 16/Aug/2011 12/Jan/2012
*Gold Hawk Resources Inc. 1/Oct/2001 15/Aug/2011
*Gold Hawk Resources Inc. 30/Jun/1990 20/Jul/1998

Oracle Mining Receives Conditional Approval for TSX Graduation
VANCOUVER, BRITISH COLUMBIA, Jan 09, 2012 (MARKETWIRE via COMTEX)

-- Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (tsx venture:OMN)(otcqx:OMCCF)(pinksheets:OMCCF)(frankfurt:OMC) is pleased to announce that it has received conditional approval for its common shares to be listed on the Toronto Stock Exchange ("TSX"), subject to the fulfillment of customary requirements. Oracle Mining's common shares will commence trading on the TSX once final approval is received. Upon listing on the TSX, the common shares will continue to trade under the symbol "OMN".

"Oracle Mining's graduation to the TSX represents a significant milestone for the Corporation," said Mr. Paul Eagland, Oracle Mining's CEO. "The listing of our shares on the TSX will raise our profile and enable us to reach a larger market of institutional investors in Canada as well as internationally and it is expected to create greater liquidity and access to capital as the Corporation moves forward towards production."

In connection with the listing on the TSX, the Corporation will apply to voluntarily delist the common shares from the TSX Venture Exchange, such delisting to be effective as of the date the common shares commence trading on the TSX.

The TSX is the premier stock exchange for resource companies and Oracle Mining believes the new listing will improve visibility of its Oracle Ridge Copper Mine project among investors who are interested in near-term copper producers located in the U.S.

http://www.marketwatch.com/story/oracle-mining-receives-conditional-approval-for-tsx-graduation-2012-01-09-6120

Oracle Mining Corp. CA:OMN +15.15% (otcqx:OMCCF)(pinksheets:OMCCF)(frankfurt:OMC) 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 $8 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience.

View a video of the Oracle Ridge Mine.

http://www.oracleridgecopper.com/index.php/community/overview/#!prettyPhoto

From their just released quarterly report.

For the quarter ended September 30, 2011, the Corporation had a net loss of $3.2 million compared to net income of $1.7 million in the 2010 comparative period. Net income in the comparative period was primarily driven by gains of $2.6 million arising from the sale of investments. Net loss in the current period is primarily due to exploration and evaluation expenditures at the Oracle Ridge copper project. The current loss for the quarter ended September 30, 2011 consisted of general and administrative expenses of $1.3 million (2010 - $0.6 million) and $2.3 million in exploration and evaluation expenditures (2010 - $Nil).

As at September 30, 2011, total assets were $35.8 million compared to $46.5 million as at December 31, 2010. The difference resulted from increased expenditures relating to the ongoing development of the Oracle Ridge copper project, including the exploration program, technical studies and permitting activities.

As at September 30, 2011, total liabilities were $4.8 million compared to $5.6 million as at December 31, 2010. They primarily consist of liabilities assumed on the acquisition of the Oracle Ridge copper project, which includes promissory notes payable of approximately $3.3 million. In January 2011, the Corporation settled the total liability outstanding for the purchase of land adjacent to the Oracle Ridge copper property for $0.6 million. Subsequent to the quarter end, in October 2011 the Corporation settled $0.5 million owing on its promissory notes payable.

At September 30, 2011, the Corporation had cash and cash equivalents of $13.1 million, working capital of $11.9 million, and long-term debt of $2.6 million.

They have now spent $11,000,000 to get the Oracle Ridge Mine into production and more work remains to be done.

Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX VENTURE:OMN)(OTCQX:OMCCF) announces that it has retained Ernst Capital Partners Inc. ("Ernst") to provide Oracle Mining with investor relations assistance in the U.S. Ernst is at arm's length to Oracle Mining.

Ernst is a New York-based investor relations firm that provides a multitude of investor relations services to publicly traded companies looking to establish support in the U.S. and Europe, including through non-deal road shows; communication through in-person, phone and email; and introductions of the Corporation to relevant industry investors throughout North America and Europe.

Pursuant to an agreement between Ernst and Oracle Mining, Ernst will be paid US$10,000 per month to provide services for a period of one year.

The Board of Directors has approved and granted stock options to Ernst pursuant to the agreement. Options were granted to Ernst to purchase 200,000 common shares in the capital of the Corporation, exercisable for a period of two years at a price of $1.21 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 Ernst Capital Partners

Ernst Capital Partners is an Investment Boutique headquartered in New York City. They focus on the Natural Resource, Oil & Gas,and Alternative Energy sectors. In addition, to helping companies list on the US Exchanges, Ernst Capital provides Institutional Non-Deal road shows and Investment Banking Services.

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 $10 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience.

Forward-looking Statement Disclaimer

This document may contain "forward-looking statements" within the meaning of Canadian securities legislation. These forward-looking statements are made as of the date of this document and Oracle Mining Corp. (hereinafter referred to as the "Corporation") does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management of the Corporation's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, commodity prices, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology.

By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Corporation's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

This media release does not constitute an offer to sell or solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:

Oracle Mining Corp.

Mr. Alex Langer

Corporate Communications

604-689-9293 or Toll-free: +1-855-689-9282



Oracle Mining Corp.

Mr. Jason Mercier

Corporate Secretary

604-689-9261

Oracle Mining Provides Oracle Ridge Design and Drilling Update

Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX VENTURE:OMN)(OTCQX:OMCCF) is pleased to announce an update on its processing plant engineering and design work as well as its drilling activities at the Corporation's Oracle Ridge Copper Mine in southern Arizona.

Metallurgical testing to validate design assumptions and detail engineering is nearly complete, with the grinding work index studies, mineralogy, flotation, thickening and filtration studies in final stages of testing and approximately 95% complete. A final comprehensive report is expected in November.

The tailings impoundment area design is 60% complete and will support the design of a 10-million-ton dry stack tailing impoundment facility, which is adequate for the planned production. The tailings facility design is ready for the final stage of engineering.

Engineering and design work is on schedule and is approximately 40% complete. The plant design and economic study is based on a 2,000 tons-per-day processing facility and related facilities including the tailings impoundment. The process design will use SAG/ball mill grinding followed by flash and conventional froth flotation for recovery of copper and precious metals. A copper concentrate will be thickened and filtered for transport. Preliminary production estimates indicate that approximately 140 tons of high-grade copper concentrate could be produced on a daily basis.

The Corporation last reported assay results of 10 holes on October 19, of which seven holes intersected high-grade copper mineralization in areas extending beyond the previously known mineralization. Highlights include 24 feet of 3.09% copper in Drill Hole ODH006, 30 feet of 3.45% copper in ODH007 and 35 feet of 2.70% in ODH008. Please see the media release "Oracle Mining intercepts more high-grade copper at Oracle Ridge" dated October 19, 2011, for more information.

At present, there are three surface drill rigs on site conducting confirmation drilling to validate the historic resource. The successful completion of the validation program will allow the Corporation to undertake a NI 43-101 compliant resource estimation. Results to date compare well with the historic data.

The technical information in this media release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Glenn R. Clark, P.Eng., of Glenn R. Clark & Associates Limited, and John I. Kyle, PE, of Lyntek, Inc., both consultants for Oracle Mining and Qualified Persons under NI 43-101, who are responsible for the technical information reported herein.

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.

The San Manuel Copper Mine purchased in 1996 by BPH was the largest underground mine in the world and was closed in 1999.
It also had an open pit. The mine & smelter (also closed) employed 3200 workers.




The 500-foot chimneys leveled in January of 2007 were the
last highly visible remnants of San Manuel's mining past.

Since the mine closed, BHP has spent $120 million to eradicate the once-enormous copper mining and smelting operation from the landscape to satisfy state and federal environmental rules and position the town for a new beginning. BPH still owns 20,000 acres surrounding the town.

Although soaring copper prices have led to the reopening of a number of previously closed mines, it’s too late for San Manuel.
All the infrastructure’s been hauled away, and the tunnels are sealed up and flooded.

http://tucsoncitizen.com/morgue/2007/03/12/44560-retirees-builders-may-revive-san-manuel/

The previous owners of Oracle Ridge mine delivered the ore to San Manuel where it was processed. Oracle Mining Corp. will need to find another mining operation to process their ore.

I would like to have them clarify who is going to process the ore and see an estimate of the cost per lb. to produce.
The previous mining company used the Magma Copper Mine at the bottom of the mountain in San Manual to process.



In 1996, BHP Billiton purchased Magma Copper Company for $2.4 Billion. In 1999, BHP pulled the plug on the San Manuel copper facility based on the continually falling price of copper. What was once one of the largest underground copper mines in the world ceased to exist. Interesting article and video of the destruction of the smoke stakes below. The stacks were destroyed on Jan. 17, 2007.

http://theclosetentrepreneur.com/remembering-my-hometown-of-san-manuel-arizona

Tempting to buy big here

NEWS

Oracle Mining Intercepts More High-Grade Copper at Oracle Ridge

VANCOUVER, BRITISH COLUMBIA, Oct 19, 2011 (MARKETWIRE via COMTEX) -- Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (tsx venture:OMN)(otcqx:OMCCF) is pleased to announce additional assay drill results at the Corporation's Oracle Ridge Copper Mine in southern Arizona.

Of the 10 holes being reported today, seven holes intersected high-grade copper mineralization in areas extending beyond the previously known mineralization.

Highlights include 24 feet of 3.09% copper in Drill Hole ODH006, 30 feet of 3.45% copper in ODH007 and 35 feet of 2.70% in ODH008. The following tabulates the mineralized zones intersected in the assay drill results.

http://www.marketwatch.com/story/oracle-mining-intercepts-more-high-grade-copper-at-oracle-ridge-2011-10-19-60590

Since I live about 50 miles from the mine I will be watching for 2 things.
1. How they deal with the forest service unpaved road, permits, etc.
2. Where they need to haul the ore to for processing. The nearest facility would be the Asarco Mine in Marana, AZ. about 70 miles away. The previous mine owner hauled the ore down the mountain to San Manuel where the Magma Copper mine was located. BP bought it in 1996 (big mistake) and closed it in 1999. In 2006 all of the crushing and smelting equipment was removed and the smoke stacks were destroyed.

But they appear to be well organized and funded so I am sure they will deal with it.

You and me both!

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.

Watching this one

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.

Review of the Oracle Ridge Mine Project NI 43-101 compliant Technical Report prepared August 20, 2010.

http://www.goldhawkresources.com/en/pdfs/Technical%20report%20(NI%2043-101)%20-%20English.pdf

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