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Oracle Mining Corp.

03:39 PM EST - Oracle Mining Corp. : announced an initial Indicated and Inferred Mineral Resource estimate in accordance with National Instrument 43-101, along with additional assay results from its recently completed underground and surface drilling program, for its Oracle Ridge copper project in Arizona. At a 1.0% copper cut-off grade, the Mineral Resource estimate at Oracle Ridge is: 9.9 million tons grading 1.64% copper and 0.43 silver ounces/ton in the Indicated mineral resource category containing 323 million pounds of copper and 4.2 million ounces of silver.; 6.9 million tons grading 1.58% copper and 0.41 silver ounces/ton in the Inferred mineral resource category containing 217 million pounds of copper and 2.8 million ounces of silver. Oracle Mining Corp. shares T.OMN are trading down $0.07 at $0.68.