Oracle Mining Engages SRK Consulting and KD Engineering to Deliver Feasibility Study

NEWS RELEASE.

May 10, 2012: Vancouver, B.C. – Oracle Mining Corp. (Stock Profile – TSX:OMN & OTCQX:OMCCF) announced the 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.

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.

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.”

To read the complete news release – CLICK HERE.

CompanyFeed™

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 Lincoln Minerals Limited LML.AX +125.00%
 Golden Cross Resources Ltd. GCR.AX +33.33%
 Casa Minerals Inc. CASA.V +30.00%
 Astro Resources NL ARO.AX +25.00%
 Athena Resources Ltd. AHN.AX +22.22%
 Adavale Resources Limited ADD.AX +22.22%
 Azimut Exploration Inc. AZM.V +21.98%
 New Stratus Energy Inc. NSE.V +21.05%
 Dynasty Gold Corp. DYG.V +18.42%
 Azincourt Energy Corp. AAZ.V +18.18%

Download the latest Solaris Resources (SLSSF) Investor Kit

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

MiningFeeds will use the information you provide on this form to be in touch with you and to provide updates and marketing.