Oracle Mining Launches New Website www.oracleminingcorp.com

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/29/11 -- Editors note: There is a photo associated with this release.

Oracle Mining Corp. ('Oracle Mining' or the 'Corporation') (TSX VENTURE: OMN)(OTCQX: OMCCF)(PINK SHEETS: OMCCF)(XETRA: OMC) is pleased to announce the launch of its new website, www.oracleminingcorp.com.

The redesigned website, which includes a new, user-friendly interface with concise content, is designed to give visitors a better understanding of Oracle Mining's current operations as well as the extent of historical development at the Oracle Ridge Copper Mine near Tucson, Arizona.

The launch of the new website also showcases a newly-developed mine tour video. This video provides an interactive visual presentation to investors on the current and ongoing development at Oracle Ridge. The video provides a geographic overview to the investor audience and surveys the extent of development at the site to date as well as provides an accessible mine tour experience online. To view, please click the link on the corporate website home page.

Additional features of the site reflect the Corporation's progress and direction and the new website also aims to educate viewers about copper and the copper industry. Copper's versatility, combined with strong demand growth in developing countries for electricity transmission and other consumer goods, has resulted in high copper prices for much of the past six years.

Visitors to the website can view news, media releases, history, presentations,strategy and investor information. Interested investors can also sign up to receive Oracle Mining's latest news and events the moment they are released. To sign-up, enter your email address on the home page. The new website also features a number of new photographs that showcase the mine and current stage of development.

About Oracle Mining Corp.

Oracle Mining Corp. (TSX VENTURE: OMN)(OTCQX: OMCCF)(PINK SHEETS: OMCCF)(XETRA: 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 $9 million, minimal long-term debt and is managed by an experienced team of mining professionals with extensive operating and financial experience.

To view the photo associated with this release, please visit the following link: http://www.marketwire.com/library/20111128-omn1128ful.jpg.

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
info@oracleminingcorp.com
www.oracleminingcorp.com