Our Key Asset:
Oracle Mining's key asset is its leadership. The company is managed by a team with broad, major-tier experience in mine development, mine operation, turnarounds, mergers & acquisitions, finance and commodities. Overall guidance comes from a senior-level board with significant equity interest in the company.
Build Advanced and Overlooked Assets
Oracle Mining's vision is to use this expertise to locate and develop advanced but overlooked mineral assets in politically stable jurisdictions. We seek projects with potential for expansion and verifiable, major mineral resources and extensive historical data. Our key strengths include the ability to quickly analyze large-scale, complex projects and organize the capital required to develop and monetize those projects favourable to the benefit of our shareholders.
Oracle Ridge Copper Mine
Our current focus is development of the 100%-owned Oracle Ridge Copper Mine located in northern Pima County, Arizona just 24 kilometers northeast of Tucson. An underground mine, Oracle Ridge operated until 1996 when it closed primarily due to low copper prices (averaging US$1.09/lb in 1996). The property's potential has not been realized, and two-thirds of the ground has not been drill tested.