September 12, 2012: Vancouver, B.C. – Oracle Mining Corp. (Stock Profile – TSX:OMN & OTCQX:OMCCF) announced assay results from its ongoing core drilling program. These assay results include Oracle Mining’s first underground drill hole and the first results from drilling on the Zone 5 mineralization at the Oracle Ridge Copper Mine, located in southern Arizona.
These holes were drilled as part of Oracle Mining’s ongoing drilling program, the results of which will be included in a National Instrument 43-101 (“NI 43-101”) compliant resource estimation to be completed in 2012. A total of 42 holes have been assayed and reported since Oracle Mining began its current drill program in early 2011.
Underground drill hole OUH-01 encountered an interval of 94.0 feet of 2.02% copper, including within that interval 60.0 feet of 2.59% copper containing 20.0 feet of 4.7% copper. OUH-01 is the first hole drilled from an underground drill station by Oracle Mining and these results are the first from the Zone 5 mineralization.
The view a table of the intervals obtained from this phase of the drilling program – CLICK HERE.