SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

FORM S-1/A
Registration Statement
Under the Securities Act of 1933

Oregon Mineral Technologies, Inc.
(Formerly Advanced Mineral Technologies, Inc.
(Exact name of registrant as specified in its charter)

<s> <c> <c>
Wyoming SEC-1400 83-0331052
(State or other jurisdiction (Primary Standard (I.R.S. Employer
of incorporation or Industrial Classification Identification
organization) Code Number) number

Charles D. Hamilton
50 Beekman Square 50 Beekman Square
Jacksonville, Oregon 97530 Jacksonville, Oregon 97530
541-899-1500 541-899-1500
(Address, and telephone number (Name, address and telephone number
of principal executive offices) of agent for service)

Copies to:
Ms. Jody Walker ESQ.
7841 South Garfield Way
Centennial, CO 80122
Phone 303-850-7637 Fax 303-482-2731

APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: As
soon as practicable after this Registration Statement becomes
effective.

If this form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, check the following
box and list the Securities Act registration statement number of the
earlier effective registration statement for the same offering. []

If this form is a post-effective amendment filed pursuant to Rule
462(c) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective
registration statement for the same offering. [ ]

If this form is a post-effective amendment filed pursuant to Rule
462(d) under the Securities Act, check the following box and list the
Securities Act registration statement number of the earlier effective
registration statement for the same offering. [ ]

If any of the securities being registered on this Form are to be
offered on a delayed or continuous basis pursuant to Rule 415 under the
Securities Act of 1933, check the following box [x]

CALCULATION OF REGISTRATION FEE

TITLE OF EACH CLASS OF AMOUNT PROPOSED PROPOSED AMOUNT OF
SECURITIES TO BE BEING MAXIMUM MAXIMUM
REGISTRATION
REGISTERED REGISTERED OFFER PRICE AGGREGATE FEE
PER SHARE OFFER PRICE
<s> <c> <c> <c> <c>
Common Stock 2,500,000 $2.00 $5,000,000 $356.50
---------- ---------- -------
Total 2,500,000 $2.00 $5,000,000 $356.50

(1) Represents common stock being sold in this offering.

The registrant amends this registration statement on such date or dates
as may be necessary to delay its effective date until the registrant
shall file a further amendment which specifically states that this
registration statement shall hereafter become effective in accordance
with Section 8(a) of the Securities Act of 1933, or until the
registration statement shall become effective on such date as the
Commission, acting pursuant to Section 8(a), may determine.

3
Preliminary Prospectus Dated August 13, 2010. SUBJECT TO COMPLETION

Up to a Maximum of 2,500,000 Common Shares
$5,000,000

Oregon Mineral Technologies, Inc.

Oregon Mineral is registering up to 2,500,000 common shares for the
aggregate offering price of $5,000,000 or $2.00 per common share.

Prior to the date hereof, there has been no trading market for our
common shares. We will obtain a market maker to file an application
with the NASD on our behalf so as to be able to quote the common
shares on the OTC Bulletin Board maintained by the NASD commencing
upon the effectiveness of our registration statement of which this
prospectus is a part.

The offering will commence on the effective date of this prospectus and
will terminate on or before August 13, 2011.

There is no market for our securities. Our common stock is presently
not traded on any market or securities exchange and we have not applied
for listing or quotation on any public market.

Consider carefully the risk factors beginning on page 6 in this
prospectus.

Our sole officer and director will sell the common shares himself
and we do not plan to use underwriters or pay any commissions. He
will be selling our common shares using his best efforts and no one
has agreed to buy any of our common shares. There is no minimum
amount of common shares we must sell so no money raised from the
sale of such common shares will go into escrow, trust or another
similar arrangement.

Neither the SEC nor any state securities commission has approved these
common shares or determined that this prospectus is accurate or
complete. Any representation to the contrary is a criminal offense.

The information in this prospectus is not complete and may be changed.
We may not sell these securities until the registration statement filed
with the Securities and Exchange Commission is effective. This
prospectus is not an offer to sell these securities and it is not
soliciting an offer to buy these securities in any state where the
offer or sale is not permitted.

Proceeds of the Offering
Per Common Share Total
Offering Price $2.00 $5,000,000
Proceeds to Oregon Mineral,
before expenses $2.00 $5,000,000

TABLE OF CONTENTS

Prospectus Summary 5
Risk Factors 7
Forward Looking Statements 12
Use of Proceeds 13
Plan of Distribution 14
Business Operations 15
Dilution 27
Dividend Policy 27
Determination of Offering Price 28
Management's Discussion and Analysis of Financial
Condition and Results of Operations 28
Directors, Executive Officers Control Persons 33
Security Ownership of Certain Beneficial Owners
and Management 36
Certain Relationships and Related Transactions 37
Description of Capital Stock 40
Shares Eligible for Future Sale 41
Disclosure of Commission Position on Indemnification
for Securities Act liabilities 42
Market for Common Stock and Related Stockholder Matters 42
Experts 43
Legal Proceedings 44
Legal Matters 44
Where You Can Find More Information 44
Financial Statements 45

PROSPECTUS SUMMARY

To understand this offering fully, you should read the entire
prospectus carefully, including the risk factors beginning on page 6
and the financial statements.

Operations. Oregon Mineral has not begun operations.
Net losses for the three months ended
March 31, 2010 and for the year ended
December 30, 2009 were $(17,006) and
$(1,220), respectively. Oregon Mineral
will process, market and distribute OR-
GRO, an altered and mineralized volcanic
clay classified as pyrophyllite that when
used as a soil amendment, enhances the
growth and health of plants. We will
require at least $2,500,000 to mine,
process, market, sell and distribute
material amounts of our products. Oregon
Mineral intends to obtain the financing
to fund these costs through this
offering. Any exercise of our options to
purchase additional claims will be made
as with revenues or additional financing,
yet to be determined.

Oregon Mineral's principal executive
offices are located at 50 Beekman Square,
Jacksonville, Oregon 97530, telephone
number 541-899-6879.

Oregon Mineral owns mining claims in
Douglas County, Oregon and acquired the
mineral interest in 10,000,000 tons
pryophyllite ore in Oregon from Rogue
Silicates, Inc., a then non-affiliate,
controlled by Bruce Mesman. We must
locate it on the property. Rogue
Silicates does not take responsibility
for finding the clay materials.

Oregon Mineral has options to purchase
additional mining claims in Douglas
County, Oregon owned by World Organic's,
Inc., an affiliate and Rogue Silicates,
Inc., a non-affiliate. Until the
exercise of these options, Oregon Mineral
holds leases to mine these claims.

Our sole officer and director became
engaged in the proposed mineralized clay
business based on their association with
and the prior bio-organic experience of
former directors of Oregon Mineral.

The Offering Oregon Mineral hereby offers up to
2,500,000 common shares at $2.00 per
common share.

There is no minimum investment and no
minimum-offering amount. We will obtain
a market maker to file an application
with the NASD on our behalf so as to be
able to quote the common shares on the
OTC Bulletin Board maintained by the NASD
commencing upon the effectiveness of our
registration statement of which this
prospectus is a part.

Common stock
Outstanding 16,265,231

Common shares to be
Outstanding after
Offering 18,765,231

Percent of common shares
owned by current
shareholders after
maximum offering 86.68%

Gross Proceeds After
Maximum Offering $5,000,000

Use of Net Proceeds The net proceeds, if the total offering
amount is obtained, would be $4,978,644
and will be used for corporate operations
and possible expansion as follows:

Plant Site 500,000
Buildings & Improvements 875,000
Production Equipment 995,000
Operating Equipment 100,000
Office furnishings and equipment 40,000
Permits and bond 100,000
Product research and development 300,000
Inventory and operating costs 500,000
Working capital 1,568,644
----------
Total Net Proceeds $4,978,644

Market for our
common stock There is no market for our common stock

Selected Financial Data As of As of
March 31, 2010 December 31, 2009
Balance Sheet
Total Assets $ 13,933 $ 17,455
Total Liabilities $ 79,329 $ 65,845
Shareholders Deficit $(65,396) $(48,390)
Statement of Income
Revenue $ - $ 13,750
Cost of revenues $ - $ 4,180
Operating Expense $ 16,089 $ 34,833
Net (Loss) $(17,006) $(28,692)

RISK FACTORS

Our business is subject to numerous risk factors, including the
following.

Oregon Mineral's business is subject to numerous risk factors. The
following is a discussion of all of the material risks relating to the
offering and our business.

1. We have not received any material income from operations to date
and future financial results are uncertain. You may lose your entire
investment.

We have not received any material income from operations to date and
future financial results are uncertain. We cannot assure you that
Oregon Mineral can operate in a profitable manner. We have an
accumulated deficit of $(164,801) as of March 31, 2010. Further, we do
not expect positive cash flow from operations in the near term. Prior
to the commencement of material operations, we anticipate that we will
incur increased operating expenses without realizing any material
revenues. We therefore expect to incur significant losses into the
foreseeable future. Continuing losses may exhaust our limited capital
resources and force us to discontinue operations. Even if we obtain
financing and/or future revenues sufficient to commence and expand
operations, increased production or marketing expenses would adversely
affect liquidity of Oregon Mineral. We may never become profitable.

2. The initial prices of $2.00 may have little or no relationship to
the market price.

The offering price of the common shares has been arbitrarily determined
without regard to the book value or market value of the common shares.
The initial prices may have little no relationship to the market price.

3. Our corporate charter contains authorized, unissued "blank check"
preferred stock which can be issued without stockholder approval with
the effect of diluting then current stockholder interests and
discouraging, delaying or preventing a change in control of Oregon
Mineral.

Our certificate of incorporation authorizes the issuance of up to
1,000,000 shares of preferred stock with designations, rights and
preferences as may be determined from time to time by our board of
directors. Accordingly, our board of directors is empowered, without
stockholder approval, to issue one or more series of preferred stock
with dividend, liquidation, conversion, voting or other rights which
could dilute the interest of, or impair the voting power of, our common
stockholders. Furthermore, the issuance of a series of preferred stock
could be used as a method of discouraging, delaying or preventing a
change in control.

4. Oregon Mineral has never paid dividends and has no plans to pay
dividends at any time in the near or distant future.

Oregon Mineral has never paid dividends on its capital stock, and
Oregon Mineral does not anticipate paying any dividends for the
foreseeable or distant future. Our present business plan does not
include, for the foreseeable future and beyond, any payments of
dividends to stockholders. Stockholders' sole strategy for any return
on their investments will be the potential for the increase in the
value of their stock and the possibility of liquidating their stock
positions.

5. The potential investors in this offering will suffer a substantial
dilution in their stock value, which the present investors will see a
significant gain in their stock value.

Our present shareholders, including officers, directors and founders,
have acquired their controlling interest in us at an average (weighted)
cost per share substantially less than the public offering price of
$2.00 per common share. If the maximum is sold, they will own
2,500,000 or 13.32% of our issued and outstanding common shares for
which they will have paid $5,000,000 or $2.00 per common share in cash.
This compares with 16,265,231 common shares held by our existing
shareholder, for which they paid an aggregate consideration of only
$99,405, or $0.006 per common share. These 16,265,231 common shares
will constitute 86.68% of the issued and outstanding common shares
following this offering if the maximum offering amount is sold. As a
result, the financial risk of our proposed activities will be borne
primarily by the public investors, who, upon completion of this
offering, will have contributed the significantly greater portion of
our capital.

6. Future stock issuances could dilute both existing and even future
shareholders.

It is not now known what stock issuances we might find advisable or
otherwise be required to undertake in the future in order to obtain
profitable operations, stock issuances which, if they occurred, would
substantially dilute existing shareholders. Further, such sales or
issuances, if substantial, might also adversely affect our ability to
raise additional equity capital in the future.

7. Shares eligible for public sale in the future could decrease the
price of our common shares and reduce our future ability to raise
capital.

Sales of substantial amounts of our common stock in the public market
could decrease the prevailing market price of our common stock. If
this is the case, investors in our common shares may be forced to sell
such shares at prices below the price they paid for their shares. In
addition, a decreased market price may result in potential future
investors losing confidence in us and failing to provide needed
funding. This will have a negative effect on our ability to raise
equity capital in the future.

8. We do not have an active market in our securities. If our common
stock has no active trading market, you may not be able to sell your
common shares at all.

Currently there is no public market whatsoever for our securities. We
will obtain a market maker to file an application with FINRA on our
behalf so as to be able to quote the common shares on the OTC Bulletin
Board maintained by FINRA commencing upon the effectiveness of our
registration statement of which this prospectus is a part. There can
be no assurance as to whether such market maker's application will be
accepted by FINRA. If the application is accepted, there can be no
assurances as to whether any market for our common shares will develop
or the prices at which our common stock will trade. We are not
permitted to file such application on our own behalf. If the
application is accepted, we cannot predict the extent to which investor
interest in us will lead to the development of an active, liquid
trading market.

Active trading markets generally result in lower price volatility and
more efficient execution of buy and sell orders for investors.

In addition, our common stock is unlikely to be followed by any market
analysts, and there may be few institutions acting as market makers for
the common stock. Either of these factors could adversely affect the
liquidity and trading price of our common stock. Until our common
stock is fully distributed and an orderly market develops in our common
stock, if ever, the price at which it trades is likely to fluctuate
significantly. Prices for our common stock will be determined in the
marketplace and may be influenced by many factors, including the depth
and liquidity of the market for our common shares, developments
affecting our business, including the factors referred to elsewhere in
these Risk Factors, investor perception of Oregon Mineral and general
economic and market conditions. No assurances can be given that an
orderly or liquid market will ever develop for our common shares.
Consequently, you may not be able to liquidate your investment in the
event of an emergency or for any other reason.

9. Our stock will be a "penny stock" under the federal securities
regulation. The special rules applicable to the sale of penny stocks
may make our stock less liquid and harder for investors to buy and sell
our shares.

Under the rules of the Securities and Exchange Commission, Oregon
Mineral's common stock will come within the definition of a "penny
stock" because the price of Oregon Mineral's common stock is below
$5.00 per share. As a result, Oregon Mineral common stock will be
subject to the "penny stock" rules and regulations. Broker-dealers who
sell penny stocks to certain types of investors are required to comply
with the Commission's regulations concerning the transfer of penny
stock. These regulations require broker-dealers to:
- Make a suitability determination prior to selling penny stock to
the purchaser,
- Receive the purchaser's written consent to the transaction; and
- Provide certain written disclosures to the purchaser.

These requirements may restrict the ability of broker/dealers to sell
our common stock, and may affect the ability to resell Oregon Mineral
common stock. An investment in our securities is not likely to be
very liquid, and because of the additional requirements, many brokers
do not participate in penny stock transactions. As a result, you may
have a harder time buying or selling our shares.

10. Current management's lack of experience in and/or with mining and,
in particular, mineral exploration activity, means that it is difficult
to assess, or make judgments about, our potential success.

Our current officer has never been employed in any fashion in the
mining industry. Also, our sole officer and director does not have an
education or college or university degree in mining or geology or in a
field related to mining. More specifically, our management lacks
technical training and experience with exploring for, starting, and/or
operating a mine.

With no direct training or experience in these areas, management may
not be fully aware of many of the specific requirements related to
mineral exploration, let alone the overall mining industry as a whole.
For example, their decisions and choices may fail to take into account
standard engineering and other managerial approaches mineral
exploration companies commonly use.

Consequently, our operations, earnings, and ultimate financial success
could suffer irreparable harm due to our management's future possible
mistakes, lack of sophistication, judgment or experience in this
particular industry. As a result, if we do obtain the funding or other
means to implement a bona fide mineral exploration program, such
program will be implemented and carried out by joint venturers,
partners or independent contractors who would have the requisite
mineral exploration experience and know-how that we currently lack.

11. The demand for our products would be negatively affected by
adverse weather conditions, impurities in the clay and volume
limitations.

We will compete on customer preference and price. Adverse weather
conditions, impurities in the clay and volume limitations could cause
increased costs in mining and milling the clay. As a result, the cost
of producing a quality product could result in a necessary increase in
the price of our product.

12. Estimates of probable reserves may vary substantially from actual
results.

There are numerous uncertainties inherent in estimating quantities of
reserves, including many factors beyond our control. Estimates of
economically probable reserves and future net cash flows necessarily
depend upon a number of variable factors. These include historical
production from the area compared with production from other producing
areas, the assumed effects of regulations by governmental agencies and
assumptions concerning future pyrophyllite prices, future operating
costs, severance and excise taxes, development costs and reclamation
costs, all of which may in fact vary considerably from actual results.

For these reasons, estimates of the economically recoverable quantities
of clay attributable to any particular group of properties,
classifications of such reserves based on risk of recovery and
estimates of future net cash flows expected from them prepared by
different engineers or by the same engineers at different times may
vary substantially. Actual production, revenues and expenditures with
respect to our reserves will likely vary from estimates, and such
variances will likely be material.

13. We may not be able to conduct successful development activities
on our clay reserves.

Our recoverable reserves will decline as we process the clay. We have
not yet applied for the permits required or developed the mines
necessary to use all of our reserves. Our inability to conduct
successful development activities would adversely affect our future
results.

Most of our excavating operations will be conducted on mining claims we
own or lease. Because title to most of our leased properties and
mineral rights are not thoroughly verified until a permit to mine the
property is obtained, our right to mine some of our reserves may be
materially harmed if defects in title or boundaries exist. In
addition, in order to develop our reserves, we must procure various
governmental permits. We cannot predict whether we will receive the
permits necessary to operate profitably in the future.

14. Excavating operations are vulnerable to weather and other
conditions beyond our control.

Conditions beyond our control can increase the cost of excavating at
particular mines for varying lengths of time. These conditions include
weather and natural disasters, such as heavy rains and flooding,
unexpected maintenance problems, variations in clay thickness,
variations in the amount of rock and soil overlying the clay deposit,
variations in rock and other natural materials and variations in
geological and other conditions.

15. The cost of compliance of government regulation may decrease our
profitability.

Federal, state and local authorities regulate the mining industry on a
wide range of matters that will affect our operations, including:

- Limitations on land use,
- Permitting requirements,
- Air quality standards,
- Water pollution,
- Plant and wildlife protection,
- Reclamation and restoration of excavating properties after
excavating is completed,
- The discharge of materials into the environment
- The effects that excavating has on groundwater quality and
availability.

It may be costly and time-consuming to comply with these requirements
and may delay commencement of exploration or production operations. We
may never become profitable.

FORWARD LOOKING STATEMENTS

The statements contained in this prospectus that are not historical
fact are forward-looking statements which can be identified by the use
of forward-looking terminology such as "believes," "expects," "may,"
"should," or "anticipates" or the negative thereof or other variations
thereon or comparable terminology, or by discussions of strategy that
involve risks and uncertainties. We have made the forward-looking
statements with management's best estimates prepared in good faith.

Because of the number and range of the assumptions underlying our
projections and forward-looking statements, many of which are subject
to significant uncertainties and contingencies that are beyond our
reasonable control, some of the assumptions inevitably will not
materialize and unanticipated events and circumstances may occur
subsequent to the date of this prospectus.

These forward-looking statements are based on current expectations, and
we will not update this information other than required by law.
Therefore, the actual experience of Oregon Minerals, and results
achieved during the period covered by any particular projections and
other forward-looking statements should not be regarded as a

representation by Oregon Minerals, or any other person, that we will
realize these estimates and projections, and actual results may vary
materially. We cannot assure you that any of these expectations will
be realized or that any of the forward-looking statements contained
herein will prove to be accurate.

USE OF PROCEEDS

If the maximum offering amount is reached, Oregon Mineral shall receive
gross proceeds of $5,000,000. Based on Oregon Mineral's present plans,
which represent the existing and anticipated business conditions,
Oregon Mineral intends to apply the estimated net proceeds of the
maximum offering and at intervals less than $5,000,000 over the next
twelve months as follows:

<s> <c> <c> <c> <c>
Gross proceeds $ 5,000,000 $ 2,500,000 $ 1,250,000 $ 625,000
Offering expense 21,356 21,356 21,356 21,356
----------- ----------- ----------- ---------
Net proceeds $ 4,978,644 $ 2,478,644 $ 1,228,644 $ 604,644

Plant Site 500,000 500,000 250,000 125,000
Buildings & Improvements 875,000 875,000 400,000 200,000
Production Equipment 995,000 250,000 125,000 65,000
Operating Equipment 100,000 50,000 50,000 25,000
Office furnishings and equipment 40,000 20,000 20,000 20,000
Permits and bond 100,000 50,000 50,000 25,000
Product research and development 300,000 100,000 50,000 25,000
Inventory and operating costs 500,000 100,000 50,000 25,000
Working capital 1,568,644 533,644 233,644 94,644
---------- ----------- ----------- ---------
Total Net Proceeds $4,978,644 $ 2,478,644 $ 1,228,644 $ 604,644
----------- ----------- ----------- ---------

The building would be built and used on our mine site in Douglas
County, Oregon. The other uses of proceeds would be used on all owned
and leased mining sites in Douglas County, Oregon.

If less than $625,000 is raised, the priority of the use of proceeds
shall be to first land and building lease, utilities, mining and
processing cost, packaging cost and working capital before paying for
any other proposed use of proceeds purpose.

If the offering is conducted through a National Association of
Securities Dealers, Inc. member firm, standard NASD commissions will be
paid.

PLAN OF DISTRIBUTION

We will sell the common shares ourselves. If the offering is conducted
through a National Association of Securities Dealers, Inc. member firm,
standard NASD commissions will be paid. If broker-dealers assist us in
the sale of our common stock, we will file an amendment to our
registration statement which provides the name(s) of the broker-
dealer(s), describes the relationship between us and such broker-
dealer(s) and identifies the broker-dealer(s) as underwriter(s).

We will be selling our shares using our best efforts and no one has
agreed to buy any of our shares. There is no minimum amount of shares
we must sell so no money raised from the sale of our stock will go into
escrow, trust or another similar arrangement.

Charles D. Hamilton, an officer and director, is offering the common
shares. Mr. Hamilton will contact business associates of the officers
and directors to solicit sales. No sales materials in addition to this
prospectus will be used to market the securities. Oregon Mineral will
register the common stock and Mr. Hamilton will initially offer the
common stock in the western United States. The securities may be
registered and sold in other, yet to be determined, states.

Mr. Hamilton will be relying on the safe harbor in Rule 3a4-1 of the
Securities Exchange Act of 1934 to sell the common shares. No sales
commission will be paid for common shares sold by Mr. Hamilton.

Mr. Hamilton is not subject to a statutory disqualification and is not
an associated person of a broker or dealer. Additionally, Mr. Hamilton
primarily performs substantial duties on behalf of Oregon Mineral
otherwise than in connection with transactions in securities.

Mr. Hamilton has not been a broker or dealer or an associated person of
a broker or dealer within the preceding 12 months and he has not
participated in selling an offering of securities for any issuer more
than once every 12 months other than in reliance on paragraph (a)4(i)
or (a)4(iii) of Rule 3a4-1 of the Securities Exchange Act of 1934.

Mr. Hamilton may be deemed to be an underwriter of our offering within
the meaning of that term as defined in Section 2(11) of the Securities
Act.

The offering will commence on the effective date of this prospectus and
will terminate on or before June 30, 2011.

Our common stock is not traded over the counter. We intend to contact
an authorized OTC Bulletin Board market maker for sponsorship of our
securities on the OTC Bulletin Board.

There are no finders.

Under the rules of the Securities and Exchange Commission, our common
stock will come within the definition of a "penny stock" because the
price of our common stock on the OTC Bulletin Board is below $5.00 per
share. As a result, our common stock will be subject to the "penny

stock" rules and regulations. Broker-dealers who sell penny stocks to
certain types of investors are required to comply with the Commission's
regulations concerning the transfer of penny stock. These regulations
require broker-dealers to:
- Make a suitability determination prior to selling penny stock to
the purchaser;
- Receive the purchaser's written consent to the transaction; and
- Provide certain written disclosures to the purchaser.

These requirements may restrict the ability of broker/dealers to sell
our common stock, and may affect the ability to resell our common
stock.

BUSINESS OPERATIONS

Organization

Oregon Mineral was incorporated as Swan Land and Cattle Company in the
state of Wyoming on November 9, 1999. On November 17, 1999, the name
was changed to U.S. Sonix, Inc. On March 27, 2000, the name was
changed to Advanced Mineral Technologies, Inc. On November 20, 2009,
we filed an amendment to the Articles of Incorporation which changed
our name to Oregon Mineral Technologies and increased our authorized
common stock to 100,000,000 common shares.

Since inception, Oregon Mineral has been formulating plans to process,
market and distribute a mineralized clay classified as pyrophyllite.
Oregon Mineral has acquired the mineral interest of pyrophyllite ore
located in the Wizard Island # 1 mining claim situated in Douglas
County, Oregon. Oregon Mineral must locate the clay to be mined.
Oregon Mineral has not begun material operations and has a history of
losses. Net losses for the three months ended March 31, 2010 and the
year ended December 31, 2009 were $17,006 and $28,692, respectively.

Product

Oregon Mineral will process, market and distribute OR-GRO, an altered
and mineralized volcanic clay classified as pyrophyllite that when used
as a soil amendment, enhances the growth and health of plants. OR-GRO
at 60-mesh size measurement or 600 particles per square inch will be
used for soil amendment. OR-GRO at 325-mesh size measurement or 3250
particles per square inch will be sold as filler for insecticides,
fungicides, cosmetics and spas.

OR-GRO mineralized clay has features that can release locked up
phosphates in soils. There are no other know clay deposits with these
properties. There is one other deposit in North America classified as
Na-Rectorite which lacks the antibacterial properties found in our
deposits. Our clay deposits are classified as pyrophyllite and consist
of homogenous soft clay making excavation a simple process. Phosphate
pollutants are of a major concern to all agriculture ground bordering
waterways. The many trace elements that are in the clay become readily
available when put into contact with soil bacteria. These mineral

deficiencies are typically exhibited in agriculture crops. Based on
in-house testing, a 10-mesh size measurement or 100 particles per
square inch of OR-GRO covers one acre.

Geologists have determined that our deposit was naturally formed by
volcanic activity and contains over forty minerals including silicon,
iron, potassium, magnesium, calcium and phosphate just to name a few.
Recent in-house research has also shown that the clay is effective in
destroying many strains of bacteria including, but not limited to
mycobacterium ulceans, e.coli and salmonella and antibiotic-resistant
bacteria, such as MRSA. Our clay has shown to be effective against all
gram-positive and gram-negative bacteria. As a result of this testing,
Oregon Mineral will assess the marketability and feasibility of the
clay deposits in the antimicrobial industries.

Additionally, in-house testing has shown that some types of clay have
medicinal properties, including but not limited to destroying certain
kinds of antibiotic-resistant bacteria, such as MRSA.

Packaged product is offered in 1 lb., 5 lb., 20 lb. and 40 lb.
Containers. One-ton bulk bags are also available. The majority of
volume will be available in 40 lb. bags. Pricing will be as follows:

Container size Retail/Wholesale Price
- -------------- ----------------
1 lb. $ 4.50-$ 2.25
5 lb. 8.50 4.25
20 lb. 30.00 15.00
40 lb. 40.00 20.00

Pricing and packaging will depend on type of markets being targeted.
Historically package sizes have been 1 lb, 5 lb, 20 lb, 40 lb, 1-ton
bags and containers. Material was processed to a 10 mesh minus mesh
size and pricing ranged from $ .50 to $ 3.00 per pound retail. The
mesh size refers to the size of a clay particle. The finer the grind,
the higher the mesh size. For example, a 50-mesh screen means it has
50 open spaces per linear inch. A 325 mesh has 105,625 holes per
square inch. Our market research has indicated that a finer more
micronized processing to as fine as 325 mesh will open a sizeable
market that will allow a pricing structure of more than 10 times the
courser mesh product.

Purchase of Mining Claim

On February 29, 2005, Oregon Mineral entered into a mining claim sales
contract with James Lane, Dorman Cox, Erik Thompson, Lee Meyer, Bobbie
Meyer, Charles Hamilton, Laurel Hamilton and Raymond Huckaba
("Sellers") to purchase mining claims located at East 1/2 of Section
11, the Southwest 1/4 of Section 12, the South 1/2 of Section 14, the
South 1/2 of Section 13 and the West 1/2 of Section 18, township 29
south Range 3 East, WWM, Douglas County Oregon. The transaction closed
on July 29, 2005. The purchase price was 400,000 common shares of
Oregon Mineral. Charles Hamilton is the sole officer and director of
Oregon Mineral.

To date, Oregon Mineral has incurred approximately $55,000 in expenses
due to Rogue Silicates, Inc. for assessment and claim maintenance work
under the lease agreement and purchase agreements in addition to the
400,000 common shares issued to Rogue Silicates. At March 31, 2010,
Oregon Mineral had notes to Ray Huckaba for $1,002 and $41,011 to Rogue
Silicates for the $5,000 and $1,000 per year assessment and maintenance
agreements discussed above.

Description of Rock Formation. The rock formation is a homogenous
deposit of mineralize clay primarily pyrophyllite. Geologist have
determined this deposit was naturally formed by volcanic activity. A
Dacite Porphyry rock was altered over a long period of time to a non-
toxic, non-carcinogenic bluish colored material.

Location and Means of Access. The mining pit titled Rogue #11-
Douglas County-Recording number-2004-029662-BLM recording #ORMC 159285
is on a 20 acre Lode Claim within a 160 acres Associated Placer Claim.
The Lode Claim is Wizard Island #1 owned by Rogue Silicates located in
Township 29-South, Range 3-East, in Section 11. To access the mine,
drive north from Medford Oregon on Highway 62 to Union Creek
approximately 55 miles, turn left on Highway 230 to Diamond Lake and go
7 1/2 miles, turn left on Foster Creed Road (6540), stay on 6540 for 4
miles.

Present Condition of Property. The pit is open. The overburden
has been removed and the deposit is ready for production.

Mechanical Equipment/Electrical Power. There is no mechanical
equipment/electrical power at the mine or the proposed site.

History and Chronology of Previous Operations and Operators.

- 1981 - Raymond Huckaba filed 3 lode claims on the Foster Creek
area, Radee 1-2 and 3.
- 1982 - Samples of the massive pyrites were sent to Umpqua Research
Center.
- 1983 - Raymond Huckaba started small field test.
- 1984 - Geologist Lloyd Frizzel looked at property and determined
the clay was massive and could be filed as Associated Placer Claims.
Raymond Huckaba and Dave Pittock conducted tests with 9.5 alkali soils
from Eastern Oregon, using pyrites as a soil amendment. Further tests
were conducted with the clay on soils with a 5.5 ph.
- 1985 -Raymond Huckaba drilled 5 holes, the deepest at 500 feet,
oever 1/2 miles apart. Mr. Huckaba built a bridge over Foster Creek,
opened a pit and hauled 1200 tons of material to the Sprague River
Ranch for test on barley. In the fall of 1985, Endurance Minerals
conducted geological work on the property with Dr. Bayrock. The first
market study was conducted by Canadian Research using the clay as a
soil amendment.
- 1986 - Endurance Minerals conducted field tests in three
locations. Two of the field tests were discarded when it was found
that the locations had been fertilized prior to the test. After the
results of the field test, a new market study was done.

- 1987 - Dr. Albert Wells was hired to draw up plans for a
processing plant. Additionally, Endurance Minerals conducted a
drilling program to verify results of the drilling done in 1985 by
Raymond Huckaba. They blocked out 42 million tons of marketable ore.
- 1990 - Raymond Huckaba took a track drill supervised by geologist
and mining engineer Tom Ferrero and extended the area of clay. 2000
tons of materials were hauled to the White City storage facility where
it was dried and stockpiled.
- 1991 - aerial photos were taken and pins set to measure removal of
the clay. Also, the University of Florida began work using silicon
fertilizer to control the phosphate leaching into the water shed. In
1991, the name of the claims Radee was changed to Rogue.
- 1992 - World Organics, Inc., an affiliate, leased the mines. 200
tons were mined and sold to Klamath Orchards and a large-scale test
proved an increase in crop production from 600 to 1000 crates of pears.
400 tons were mined and stockpiled at the mill site accessible by
Highway 230. Geo-Chem tests were performed over a large area by Tom
Ferrero. Also in 1992, the US Forest Service conducted an
Environmental Assessment (NEPA) study.
- 1993 - US Forest Service signed a Plan of Operation.
- 1994 - Pit #2 was opened, stockpiling 5 feet of overburden for
future reclamation. 26,000 tons of oxidized material was removed and
stockpiled for future use as a roofing tile.
- 1995 - World Organics, an affiliate, set up a test plan in White
City and packaged 200 tons of clay.
- 1996 - The product Or-Gro was introduced at two farm trade shows.
- 1997 - Malvin Robinson started processing material at Gold Hill,
Oregon and marketed Or-Gro under a non-exclusive agreement. Mr.
Robinson died in 2004.
- 1999 - University of Florida made their final report and the clay
(Or-Gro) was classified as a silicon fertilizer.
- 2000 - Oregon Mineral was formed, mineral interests purchased,
lease agreements entered into and options obtained. Funding options
were formulated and pursued.
- 2003 - Clay was shipped to Industrial Minerals located in
Sacrament, CA. The clay was processed into 325 mesh and sold to client
companies, Eee-Wa-Kee and Bio-Organics.
- 2005 - Eee-Wa-Kee conducted tests showing that a negative hydrogen
ion may be partially responsible for some of the positive tests.

All of our mining claims, optioned or leased, are federal mining claims
managed by the United States Forest Service.

Rogue Silicates Option to Purchase Mining Claims.

On June 1, 2000, Rogue Silicates, Inc. an Oregon corporation and a non-
affiliate, granted Oregon Mineral an option to purchase certain mining
claims, also known as the Wizard Island Mining Claims and the Rogue
Mining Claims, located in Section 13, 14 and 15 Township 29 South,
Range East, Willamette Meridian, Douglas County, Oregon. The option is
exercisable on or before June 1, 2008 by payment of the option purchase
price of $10,000,000. The purchase price will be paid at closing in
cash or by cashier's check or company stock providing the company is a
publicly traded company. The option expired on June 1, 2008 and Oregon
Minerals has negotiated an extension of this option until June 1, 2014.
19

Rogue Silicates Mining Claim Lease Agreement.

In conjunction with the option, Rogue Silicates and Oregon Mineral
entered into a mining claim lease agreement whereby Rogue Silicates
leased to mining claims under option to Oregon Mineral. The term of
the lease began June 1, 2000 and will continue until Oregon Mineral has
purchased the optioned mining claims. Under the lease agreement,
Oregon Mineral pays $5,000 per year to maintain the properties and mine
from the open pit. Oregon Mineral has the right to open new pits,
drill new sites and haul up to 10,000,000 tons of material from
anywhere on the Rogue mining claims. Oregon Mineral will be
responsible to renew any permits in 2008 and to obtain additional
permits if new areas are opened to be mined, not previously covered by
current permits. There is no specific termination clause, however, if
Oregon Mineral abandons the property, does not pay the required lease
fee and has not actively pursued it mining operation, Rogue Silicates
may enter the property and dispose of any of Oregon Mineral's personal
property.

Rogue Silicates Purchase Agreement.

On April 20, 2000, Oregon Mineral acquired the mineral interest of
pryophyllite ore located in the Wizard Island # 1 mining claim situated
in Douglas County, Oregon from Rogue Silicates, Inc., a then non-
affiliate, controlled by Bruce Mesman. Oregon Mineral agreed to buy
10,000,000 tons of pyrophyllite for 5,000,000 shares of common share.
The stock has been valued at its par value of $.001 per share

The agreement with Rogue Silicates only gives us the right to mine 10
million tons of clay material, if we can locate it on the property.
Rogue Silicates does not take responsibility for finding the clay
materials. We may locate substantially less than the 10,000,000 tons
of clay material that we are permitted to remove.

World Organic Option to Purchase Mining Claims.

On April 4, 2006, World Organic, Inc. an Oregon corporation and an
affiliate, granted Oregon Mineral an option to purchase mining claims
commonly known as the Rabbit Ears and Rogue Mining Claims, located at
Section 19, 23 and 24 Township 29 South, Range 3 East, Willamette
Meridian, Douglas County, Oregon. The option fee is $1.00 and annual
assessment work consisting of sampling on all claims and clearing
roads. The option is exercisable on or before January 1, 2009 by
payment of the option purchase price of $3,000,000. The purchase price
will be paid at closing in cash or by cashier's check or company stock
providing the company is a publicly traded company. This option
expired on January 1, 2009 and Oregon Mineral has negotiated an
extension of this option until June 30, 2014.

World Organic Mining Claim Lease Agreement.

In conjunction with the option, World Organic and Oregon Mineral
entered into a mining claim lease agreement whereby World Organic
leased to mining claims under option to Oregon Mineral. The term of
the lease began April 4, 2006 and will continue until Oregon Mineral
has purchased the optioned mining claims. Under the lease agreement,
Oregon Mineral agreed to pay to World Organic the sum of annual
assessment work and filing fees per year to maintain the properties and
mine from the open pit. Oregon Mineral must use the property
exclusively as a mining claim with all rights as a mining claim, no
timber shall be removed not associated with mining operations and water
shall not be sold or removed from the property without a purchase from
World Organic or until the optioned property has been purchased by
Oregon Mineral.

Permits. Plan of operation permits must be obtained from the district
ranger of the USDA. We have obtained the permits necessary to mine the
reserves. The permits must be renewed every five years. The next
renewal permit is required for 2008. The company has submitted a
renewal of the permit.

We do not have any patents, trademarks, licenses, franchises,
concessions, royalty agreements or labor agreements.

Government Regulation. Federal, state and local authorities regulate
the mining industry on a wide range of matters that will affect our
operations, including:

- The discharge of materials into the environment
- The effects that excavating has on groundwater quality and
availability.

Since regulatory requirements as to these matters could have a material
adverse effect on our business, financial condition and results of
operations, a NEPA study was conducted and we have obtained excavating
permitting as required by various federal, state and local authorities
including data pertaining to the impact that any proposed exploration
for or production of clay may have upon the environment.

Excavating operations require numerous governmental permits and
approvals. We may be required to prepare and present to federal, state
or local authorities data pertaining to the impact that any proposed
exploration for or production of clay may have upon the environment.
It may be costly and time-consuming to comply with these requirements
and may delay commencement of exploration or production operations.

New legislation regulations or orders may materially adversely affect
our excavating operation, our cost structure or our customer's ability
to use clay, and since we fall into the guidelines already affecting
the sand and gravel industry we do not expect any new regulations that
would be beyond those affecting that industry.

Reclamation and Mine Closure Accruals. Federal and state
statutes require us to restore mine property in accordance with
specific standards and to have an approved reclamation plan, and
require that we obtain and periodically renew permits for excavating
operations. We currently have these permits and approved reclamation
plans with the above agencies, and intend to maintain and renew these
permits and plans as required.

Impact of Air Quality Regulations on Clay Consumption. The
Federal Clean Air Act, including the Clean Air Act Amendments of 1990,
and corresponding state laws that regulate this should have an impact
similar to current regulations affecting the sand and gravel industry.

Mine Safety and Health. Federal and state safety health
regulations in the clay excavating industry should be comparable to
that of the sand and gravel industry and as such we would expect to
follow those regulatory guidelines.

Research and Development

We have not spent any funds on research and development activities
during the last two fiscal years.

Transportation

Transportation from the above described mine sites in Douglas County
will utilize a four-mile Forest Service road. The road is gravel, one
lane access with turnouts. The mine site is an open pit that is ready
for excavating clay. The proposed mill site is Rogue Mill site #1. It
is 5 acres and is 300 feet from Highway 230 and four miles away from

the mine site just before the access road intersects with a state
highway. The mill site is ten acres with ample space for processing
and storage. The mill will be completely portable and will be removed
each fall whether it is leased, contracted for or owned by Oregon
Mineral. If we need to process clay in the winter, we will lease
property in the Beaver March area on Highway 97 which is 34 miles from
the mine. This is the only mill site we intend to operate.

We will use open pit excavating wherever possible because it will allow
us to recover more clay per acre and facilitate the permitting of
larger projects, which will allow excavating to continue over a longer
period of time than would be the case using other excavating methods.

Manufacturing

Satisfying production schedules to specification is our primary
manufacturing goal. The preferred material sizes are 60 to 200 mesh.
60 to 200 mesh is used for agriculture. 200 minus is used for all
other applications' products. 60 mesh materials will be screened. 200
minus and smaller will be air separated as a particle as small as 200
mesh will float in the air. Excavation, drying, milling and packaging
will be the main manufacturing process.

Excavating

The clay is soft and is simply ripped, stockpiled and loaded in trucks
with a wheel loader and then hauled to the mill at the proposed Chemalt
site. It will then be fed through an impact mill and sized to the
proper mesh and bagged in 50 pound bags. Space at the site is adequate
for this operation. The variables include weather, impurities and
volume.

Weather

The weather will impact the process. From December into May, snow
normally covers the area. During the summer, temperatures can exceed
90 degrees Fahrenheit and afternoon rains sometimes occur. With rain,
excavating during the summer/fall period, weight will be added to the
product and the freight costs will increase. By using the sun, air-
drying of the product can be accomplished in between rain occurrences,
decreasing drying/freight costs.

We will normally have 120 days a year of air drying based on past
weather patterns. Offsite drying will be performed on volumes
exceeding the capacity of the mining site for air-drying. Separation
of dried and wet clay will be staged at the mine site.

Approximately 1875 tons of clay can be ripped and air-dried on two
separate grids every 3 days during summer heat. Once dry, the clay can
be stored for crushing or shipped to another processing plant.

Impurities

The impurities in the deposit have to be identified and stockpiled. The
vegetative growth and glacier till make up the top four feet of the
product. The next 16 to 20 feet are an oxidized material that lacks
the sulphur that pyrites contain, which in turn causes oxidization
changing the color from blue to red. This product will be used as a
silicon fertilizer for sulphur and iron sensitive crops. Below this
layer is the blue clay referred to as Or Gro. It is un-oxidized and
used for all other applications in the agriculture market, or can be
utilized as fungicide or pesticide fillers.

The present site does not present a storage problem. The mill site is
four miles away from the clay deposit. Block drilling suggests no
significant volume exists at this site. Block drilling shows that the
stockpile site is resting on a layer of volcanic ash 200 feet deep.
Contamination of this material would not adversely affect the product.

Volume

Given the site conditions, access limits the volume transportable
without enhancement. Levels of 250,000 tons represent 7800 loads of 32
tons. For a five-day week at 10 hours operation for 22 weeks would be
the minimum loading time allotted by seasonal conditions. With this
parameter, 71 trucks will need to be loaded and navigated on this four-
mile stretch each day. We will first go to a 7 day 24 hour per day
operation when we reach maximum operation we will widen the haul road,
open other excavating sites and conveyors to alleviate this variable.
Any transportation of larger volumes requiring trucks, trains or barges
will be managed by Don Brazale and Associates on an as needed basis.
No written agreement has been entered into with Don Brazale and
Associates.

Drying

This process insures product specification of less than 8% moisture.
More than 8% moisture will increase drying time and freight costs.
Less than 6% moisture would cause dusting.

Due to the cost of removing moisture with drying equipment, the first
option will be to air dry. As much as 125,000 tons can be air-dried
under normal weather conditions. The mill site can be set up to spread
additional material for drying.

Drying equipment is available for lease. If late season mining is
required due to product demand, air-drying may not be possible. The
proposed processing plant site in the Chemalt area will be a 34 mile
haul from the mine site, rain fall at the mine site is approximately 65
inches per year and 34 miles east the rainfall is 7 inches per year.
The cost will be factored into this process based on overrun.

Milling and Packaging

Milling crushes the clay to specified size. Equipment capable of this
task varies in cost and output. Our initial plans include
contingencies based on large single order potential

At the deposit and/or the mill site, milling will be performed for
initial volume requirements. Over 20,000 tons will be able to be
produced in 90 days with an 8-hour day operation. Downtime potential
has been subtracted from available run time. Daylight hours during the
mining season would permit longer workdays.

Once tonnage exceeds maximum capability, unprocessed dry material can
be freighted, if necessary to another, yet to be determined, location.
Mobile equipment that can effectively handle increased volume will be
available to lease.

Finished material can either be transported in bulk sale or to a
packaging/storage area to be built on the optioned mining claim in the
Chemalt area, 34 miles from the mine. The property will be purchased
with proceeds of this offering and utilized for storage, packaging and
off-season milling as it has only 7 inches of rainfall per year, is
located on a usable highway, has rail facilities and a major gas line.

As of June 30, 2006, Rogue Silicates mined and transported 2,000 tons
of material to a storage area 34 miles from the mining property. The
bagged clay was trucked back to Merlin OR, and stored in a rented
building. All of the material was sold in sample lots. The storage
building is no longer rented. The proposed processing facility is
located approximately 40 miles from the mining property in Chemalt,
Oregon.

As soon as feasible, Oregon Mineral will be responsible for processing
and preparing the product for shipment with equipment to be purchased.
Initially, 1,000 tons will be processed. The unprocessed clay will be
sized and bagged as needed for research and development, marketing or
sales.

The Market

Several markets exist for this product. The following categorizes the
agriculture markets

1. Commercial farming (organic) (Non-organic)
2. Greenhouses
3. Horticulture growers (nurseries)
4. Potting soil manufactures
5. Seed growers
6. Retail (home gardening)
7. Landscape services
8. Use as a fungicide and a fungicide filler

The largest market close to the mine is commercial farming.

Marketing

The agricultural market is presently seeking economical sources of
Silicon Fertilizer. In addition to direct sales efforts, Oregon
Mineral's initial focus will be to develop and market to the wholesale
market channels, such as small and local distributors who market to
farmers, both commercial and organic, nurseryman, landscapers and
others.

Each of the broad markets identified above, will have specific
marketing and sales strategies agendas targeting that market segment.
Crisis situations such as the current phylloxera infestations occurring
in the grape stock industry will be targeted heavily.

Target Markets

Oregon Mineral will concentrate on the horticultural segment of the
market where the greatest potential for economic benefit is expected.

We will select distributors and commission agents who already have an
agriculture customer base and who are receptive to the potential market
for OR-GRO.

Advertising and Promotion

We intend to work with seasoned and capable advertising and public
relations people who will assist in developing a comprehensive
advertising and public relations program. Advertising will be done
independently and cooperatively with distributors and companies with
whom the company has joint marketing /sales relationships.

Oregon Mineral will develop a professional web site. The website is
currently under construction but is reserved under the following domain
address - OR-GRO.net.

Early promotional efforts will be to exhibit photos and create videos
of plants that show results from the use of OR-GRO. Included with the
photos and videos will be scientific proof that silicon fertilizer is
essential in sustaining crop yields. The web site will be included in
all the promotion and printed material.

Competition

There are products on the market, which are effective soil amendments.
Organic fertilizers range from $550 to $998 per ton. Most are used to
address the soil structure, which enhances plant health, (kelp meal,
blood meal, and bone meal). The products that are our greatest
competition consist of byproducts of industrial slag containing
amorphous silica, an industrial waste product. All of our competitors
are larger and have substantially greater financial, marketing and
other resources than us. We will compete on the basis of customer
preference and cost.

These products do increase yield and nutrient levels, but none exhibit
the percentage gains of OR-GRO obtained through our field testing.
Tests were conducted on a wide variety of vegetables showing the Oregon
Mineral could get 15% to 42% at 1 ton per acres at 10 mesh compared to
using 4 to 15 tons per acre of our competitors' products.

Rock dust costs about $350 per ton delivered to a customer in
Washington from British Columbia.

Horticultural silicon fertilizers include potassium silicate and sodium
silicates priced as high as $1,800 per ton depending on their soluble
silicon levels. Commercial farming utilizes calcium silicates (rec-
lime) and in some instances finely ground basalt with application rates
as high as 15 tons per acre with cost of $45 per ton.

Employees

Charles D. Hamilton, an officer and director is currently our only
employee. Additionally employees will be hired as funds allow. In the
immediate future, Oregon Mineral will hire a general manager and a
secretary.

Reports to Security Holders

After this offering, we will become a fully reporting company under the
requirements of the Exchange Act, and we will file the necessary
quarterly and other reports with the Securities and Exchange
Commission. The reports and other information filed by us will be
available for inspection and copying at the public reference facilities
of the Securities and Exchange Commission located at 100 F Street, NE,
Washington, D.C. 20549.

Copies of such material may be obtained by mail from the Public
Reference Section of the Securities and Exchange Commission at 100 F
Street, NE, Washington, D.C. 20549, at prescribed rates.

Information on the operation of the Public Reference Room may be
obtained by calling the SEC at 1-800-SEC-0330. In addition, the
Commission maintains a World Wide Website on the Internet at
http://www.sec.gov that contains reports, proxy and information
statements and other information regarding registrants that file
electronically with the Securities and Exchange Commission.

Properties

Our office space at 50 Beekman Sq. Jacksonville, Oregon, 97530 is
provided free of charge from Mr. Charles Hamilton, the sole officer and
director. Our office space consists of 900 square feet.

27
DILUTION

Assuming completion of the offering, there will be up to 18,765,807
common shares outstanding. The following table illustrates the per
common share dilution as of March 31, 2010 that may be experienced by
investors at various funding levels.

Funding Level $5,000,000 $2,500,000 $1,250,000 $625,000
----------- ----------- ----------- ----------
<s> <c> <c> <c> <c>
Offering price $2.00 $2.00 $2.00 $2.00
Net tangible book
value per common
share before offering (.004) (.004) (.004) (.004)
Increase per common
share attributable to
investors .264 .144 .074 .034
------ ------ ------ ------
Pro forma net tangible
book value per
common share after
offering .26 .14 .07 .03
------ ------ ------ ------
Dilution to investors 1.74 1.86 1.93 1.97
Dilution as a
percentage of
offering price 87.0% 93.0% 96.5% 98.5%

Based on 16,265,231 common shares outstanding as of March 31, 2010 and
total stockholder's deficit of $(65,396) utilizing unaudited March 31,
2010 financial statements.

The officers, directors, promoters and affiliated persons paid $.001
per common share in comparison to the offering price of $2.00 per
common share.

Further Dilution

In the future, Oregon Mineral may issue equity and debt securities: Any
sales of additional common shares may have a depressive effect upon the
market price of Oregon Mineral's common shares and investors in this
offering.

DIVIDEND POLICY

We have never declared or paid any dividends. In addition, we
anticipate that we will not declare dividends at any time in the
foreseeable future.

Instead, we will retain any earnings for use in our business. This
policy will be reviewed by our board of directors from time to time in
light of, among other things, our earnings and financial position.

No distribution may be made if, after giving it effect, we would not be
able to pay its debts as they become due in the usual course of
business; or the corporation's total assets would be less than the sum
of its total liabilities plus (unless the articles of incorporation
permit otherwise) the amount that would be needed, if we were to be
dissolved at the time of the distribution, to satisfy the preferential
rights upon dissolution of shareholders whose preferential rights are
superior to those receiving the distribution. The board of directors
may base a determination that a distribution is not prohibitive either
on financial statements prepared on the basis of accounting practices
and principles that are reasonable in the circumstances or on a fair
valuation of other method that is reasonable in the circumstances.

DETERMINATION OF OFFERING PRICE

The offering price of the common shares was arbitrarily determined by
Oregon Mineral based on the financial needs of Oregon Mineral without
regard to the book value or market value, if any, of our common shares.

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION

Trends and Uncertainties

Oregon Mineral is in the development stage, has not commenced material
operations and has sustained a loss to date. The demand for our
products would be negatively affected by adverse weather conditions,
impurities in the clay and volume limitations.

Investing Activities

Since inception, Oregon Mineral has pursued limited investing
activities. For the three months ended March 31, 2010 and 2009, Oregon
Mineral did not pursue any investing activities.

For the years ended December 31, 2009 and 2008, Oregon Mineral did not
pursue any investing activities.

Financing Activities

For the three months ended March 31, 2010, Oregon Mineral repaid notes
payable-related party of $1,314. As a result, Oregon Mineral had net
cash used in financing activities of $1,314 for the three months ended
March 31, 2010.

For the three months ended March 31, 2010, Oregon Mineral did not
pursue any investing activities.

For the year ended December 31, 2009, Oregon Mineral received proceeds
from notes payable-related party of $6,000 and cash received from the
issuance of common stock of $1,405. As a result, Oregon Mineral had
net cash from financing activities of $7,405 for the year ended
December 31, 2009.

For the year ended December 31, 2008, Oregon Mineral received proceeds
from notes payable-related party of $12,114. As a result, Oregon
Mineral had net cash from financing activities of $12,114 for the year
ended December 31, 2008.

Results of Operations

We are a development stage company and have not yet commenced material
operations.

For the three months ended March 31, 2010, we did not receive any
revenues. For the three months ended March 31, 2010, we had operating
expenses of $16,089 which consisted of basic operating expenses
necessary to pursue operations and consulting and professional fees of
$7,200. Comparatively, for the three months ended March 31, 2009, we
received revenues of $11,250 with a cost of sales of $3,160 resulting
in gross profit of $8,090. For the three months ended March 31, 2009,
we had operating expenses of $8,505 which consisted of basic operating
expenses necessary to pursue operations and consulting fees of $7,000.

For the year ended December 31, 2008, we received revenues of $1,875
with a cost of revenues of $1,225. For the year ended December 31,
2008, we had operating expense of $15,944 which consisted of basic
operating expenses necessary to pursue operations. ```

Plan of Operation

In addition to raising at least $625,000 in this offering, our ability
to continue in existence is dependent on our ability to commence full
scale operations.

Milestones: Steps Timeline

1. Escavate material Obtain permits month 1
Identify contractors and freight
companies month 1
Establish processing location months 1-2
Prepare location for bulk storage months 1-2

2. Process Material Establish product specifications month 1
Obtain facility for processing months 2-4
Buy, lease or contract appropriate
equipment month 4
Install Equipment months 4-5
Test-Run material to establish
actual capability month 5

Process and store finished
material to meet sales
projections months 4-12

3. Setup marketing plan Update and approve labeling months 1-3
Produce sales manual months 2-4
Create sales brochures months 2-3
Identify and target potential
Customers months 2-12
Attend trade shows month 7

Milestone 1 needs to be complete prior to commencing milestone 2. No
other milestone needs to be complete to pursue milestone 3.

If insufficient funds are raised in this offering, management will
pursue alternative forms of funding, not yet determined, necessary to
reach the milestones described above.

Going Concern

Oregon Mineral's financial statements are prepared using generally
accepted accounting principles applicable to a going concern, which
contemplates the realization of assets and liquidation of liabilities
in the normal course of business. Oregon Mineral has not yet
established an ongoing source of revenues sufficient to cover its
operating costs and allow it to continue as a going
concern. Historically, Oregon Mineral has incurred annual losses,
which have resulted in an accumulated deficit of $164,801 at March 31,
2010 and $147,795 at December 31, 2009. Oregon Mineral also has a
negative working capital and negative cash flow from operations. These
factors raise substantial doubt about Oregon Mineral's ability to
continue as a going concern. The ability of Oregon Mineral to continue
as a going concern is dependent on Oregon Mineral increasing sales to
the point it becomes profitable. Oregon Mineral may need to raise
additional capital for working capital, processing equipment and
marketing to increase its sales. If Oregon Mineral is unable to
increase sales sufficiently or obtain adequate capital, it could be
forced to cease operation or seek some form of business combination or
sale. The accompanying financial statements do not include any
adjustments relating to the recoverability and classification of asset
carrying amounts or the amount and classification of liabilities that
might result from the outcome of this uncertainty.

Management plans to increase sales by increasing its marketing program
and to obtain additional capital from the registration of its common
stock with the Securities and Exchange Commission. However, management
cannot provide any assurances that Oregon Mineral will be successful in
accomplishing any of its plans.

Off-Balance Sheet Arrangements

Oregon Mineral had no material off-balance sheet arrangements as of March
31, 2010.

Contractual Obligations
Payments due by period
Less than 1 1-3 3-5 More than 5
Contractual obligation Total year years years years
---------------------- ----- ----------- ----- ----- ---------
<s> <c> <c> <c> <c> <c>
Long-term debt obligation - - 45,513 - -
Capital Lease Obligations - - - - -
Operating Lease Obligations - - - - -
Purchase Obligations - $6,000 - - -
Other Long-Term Liabilities
Reflected on the Balance Sheet - - - - -

Recently Issued Accounting Pronouncements

In January 2010, the FASB issued Accounting Standards Update 2010-02,
Consolidation (Topic 810): Accounting and Reporting for Decreases in
Ownership of a Subsidiary. This amendment to Topic 810 clarifies, but
does not change, the scope of current US GAAP. It clarifies the
decrease in ownership provisions of Subtopic 810-10 and removes the
potential conflict between guidance in that Subtopic and asset
derecognition and gain or loss recognition guidance that may exist in
other US GAAP. An entity will be required to follow the amended
guidance beginning in the period that it first adopts FAS 160 (now
included in Subtopic 810-10). For those entities that have already
adopted FAS 160, the amendments are effective at the beginning of the
first interim or annual reporting period ending on or after December
15, 2009. The amendments should be applied retrospectively to the first
period that an entity adopted FAS 160. Oregon Mineral does not expect
the provisions of ASU 2010-02 to have a material effect on the
financial position, results of operations or cash flows of Oregon
Mineral.

Task Force). This amendment to Topic 505 clarifies the stock portion of
a distribution to shareholders that allows them to elect to receive
cash or stock with a limit on the amount of cash that will be
distributed is not a stock dividend for purposes of applying Topics 505
and 260. Effective for interim and annual periods ending on or after
December 15, 2009, and would be applied on a retrospective basis.
Oregon Mineral does not expect the provisions of ASU 2010-01 to have a
material effect on the financial position, results of operations or
cash flows of Oregon Mineral.

In December 2009, the FASB issued Accounting Standards Update 2009-17,
Consolidations (Topic 810): Improvements to Financial Reporting by
Enterprises Involved with Variable Interest Entities. This Accounting
Standards Update amends the FASB Accounting Standards Codification for
Statement 167.

In December 2009, the FASB issued Accounting Standards Update 2009-16,
Transfers and Servicing (Topic 860): Accounting for Transfers of
Financial Assets. This Accounting Standards Update amends the FASB
Accounting Standards Codification for Statement 166.

In October 2009, the FASB issued Accounting Standards Update 2009-15,
Accounting for Own-Share Lending Arrangements in Contemplation of
Convertible Debt Issuance or Other Financing. This Accounting Standards
Update amends the FASB Accounting Standard Codification for EITF 09-1.

In October 2009, the FASB issued Accounting Standards Update 2009-14,
Software (Topic 985): Certain Revenue Arrangements That Include
Software Elements. This update changed the accounting model for revenue
arrangements that include both tangible products and software elements.
Effective prospectively for revenue arrangements entered into or
materially modified in fiscal years beginning on or after June 15,
2010. Early adoption is permitted. Oregon Mineral does not expect the
provisions of ASU 2009-14 to have a material effect on the financial
position, results of operations or cash flows of Oregon Mineral.

In October 2009, the FASB issued Accounting Standards Update 2009-13,
Revenue Recognition (Topic 605): Multiple-Deliverable Revenue
Arrangements. This update addressed the accounting for multiple-
deliverable arrangements to enable vendors to account for products or
services (deliverables) separately rather than a combined unit and will
be separated in more circumstances that under existing US GAAP. This
amendment has eliminated that residual method of allocation. Effective
prospectively for revenue arrangements entered into or materially
modified in fiscal years beginning on or after June 15, 2010. Early
adoption is permitted. Oregon Mineral does not expect the provisions
of ASU 2009-13 to have a material effect on the financial position,
results of operations or cash flows of Oregon Mineral.

asset value per share (or its equivalent). It is effective for interim
and annual periods ending after December 15, 2009. Early application is
permitted in financial statements for earlier interim and annual
periods that have not been issued. Oregon Mineral does not expect the
provisions of ASU 2009-12 to have a material effect on the financial
position, results of operations or cash flows of Oregon Mineral.

In July 2009, the FASB ratified the consensus reached by EITF (Emerging
Issues Task Force) issued EITF No. 09-1, (ASC Topic 470) "Accounting
for Own-Share Lending Arrangements in Contemplation of Convertible Debt
Issuance". The provisions of EITF 09-1, clarifies the accounting
treatment and disclosure of share-lending arrangements that are
classified as equity in the financial statements of the share lender.
An example of a share-lending arrangement is an agreement between the
Company (share lender) and an investment bank (share borrower) which
allows the investment bank to use the loaned shares to enter into
equity derivative contracts with investors. EITF 09-1 is effective for
fiscal years that beginning on or after December 15, 2009 and requires
retrospective application for all arrangements outstanding as of the
beginning of fiscal years beginning on or after December 15, 2009.
Share-lending arrangements that have been terminated as a result of
counterparty default prior to December 15, 2009, but for which the
entity has not reached a final settlement as of December 15, 2009 are
within the scope. Effective for share-lending arrangements entered into
on or after the beginning of the first reporting period that begins on
or after June 15, 2009. Oregon Mineral does not expect the provisions
of EITF 09-1 to have a material effect on the financial position,
results of operations or cash flows of Oregon Mineral.

DIRECTORS, EXECUTIVE OFFICERS AND CONTROL PERSONS

Our bylaws provide that the number of directors who shall constitute
the whole board shall be such number, as the board of directors shall
at the time have designated. Each director shall be selected for a
term of one year and until his successor is elected and qualified.
Vacancies are filled by a majority vote of the remaining directors then
in office with the successor elected for the un-expired term and until
the successor is elected and qualified.

The directors, executive officers and significant employees are as
follows:

NAME AGE POSITIONS HELD TERM
<s> <c> <c> <c>
Charles D. Hamilton 58 President, CEO, CFO January 3, 2005
Controller, Director to present

The above named director will serve in his capacity as director until
our next annual shareholder meeting to be held within six months of our
fiscal year's close. Directors are elected for one-year terms.

Resumes

Charles D. Hamilton. Mr. Hamilton owned and operated two restaurants
in Oregon, The Hamilton House 1976-1998, 10,000 sq. ft. upscale dining
facility that sold for $1.4M. From 1998-2004, Hamilton developed and
operated the Hamilton River House located on the Rogue River. The
Hamilton River House sold in 2004 for $1.1M. From 1993-1999, Mr.
Hamilton was a director, executive committee member and treasurer of
the Oregon Restaurant Association, where he served to represent over
3,000 Oregon Restaurants. Mr. Hamilton does not have any background in
mining, accounting and/or finance.

Educated at Lewis and Clark College, Mr. Hamilton was awarded a BS
degree in Psychology. Mr. Hamilton did his graduate studies at San
Francisco State (Industrial Psychology and Organizational Behavior).

In 1972, he assisted in the development of the first local probation
department in Josephine County. In 1974, Mr. Hamilton applied for a
grant and was instrumental in development of the first residential
treatment center for young men on probation in the Grants Pass-Merlin
area.

Code of Ethics Policy

We have not yet adopted a code of ethics that applies to our principal
executive officer, principal financial officer, principal accounting
officer or controller or persons performing similar functions.

Corporate Governance

There have been no changes in any state law or other procedures by
which security holders may recommend nominees to our board of
directors. In addition to having no nominating committee for this
purpose, we currently have no specific audit committee and no audit
committee financial expert. Based on the fact that our current
business affairs are simple, any such committees are excessive and
beyond the scope of our business and needs.

Involvement in Certain Legal Proceedings

Mr. Hamilton, our sole officer and director has not been involved in
any of the following events during the past five years:

- Any bankruptcy petition filed by or against any business of which
such person was a general partner or executive officer either at the
time of the bankruptcy or within two years prior to that time,
- Any conviction in a criminal proceeding or being subject to any
pending criminal proceeding (excluding traffic violations and other
minor offenses);
- Being subject to any order, judgment or decree, not subsequently
reversed, suspended or vacated, of any court of competent jurisdiction,
permanently or temporarily enjoining, barring, suspending or otherwise
limiting his or her involvement in any type of business, securities or
banking activities,; or

- Being found by a court of competent jurisdiction (in a civil
action), the Commission or the Commodity Futures Trading Commission to
have violated a federal or state securities or commodities law, and the
judgment has not been reversed, suspended, or vacated.

Executive Compensation

We may elect to award a cash bonus to key employees, directors,
officers and consultants based on meeting individual and corporate
planned objectives.

Summary Compensation Table

Nonqualified
Non-Equity Deferred
Name and Stock Option Incentive Comp All Other
Principal Position Year Salary Bonus Awards Awards Plan Comp Earnings Comp Total
- ------------------ ---- ------ ----- ------ ------ --------- -------- --------- -----
<s> <c> <c> <c> <c> <c> <c> <c> <c>
Charles D. Hamilton
CEO/CFO/ 2009 $0 $0 $0 $0 $0 $0 $0 $0
2008 $0 $0 $0 $0 $0 $0 $0 $0
2007 $0 $0 $0 $0 $0 $0
$0 $0

We do not have any standard arrangements by which directors are
compensated for any services provided as a director. No cash has been
paid to the directors in their capacity as such.

Stock Options and Awards Plan

On July 29, 2010, the sole director approved Oregon Mineral
Technologies, Inc. 2010 Stock Options and Awards Plan. The Plan is to
provide a means through which Oregon Mineral and its subsidiaries, if
any, may attract, retain and motivate employees, directors, persons
affiliated with Oregon Mineral and persons providing services to Oregon
Mineral and to provide a means whereby such persons can acquire and
maintain stock ownership, thereby strengthening their concern for the
welfare of Oregon Mineral. A further purpose of the Plan is to provide
such participants with additional incentive and reward opportunities
designed to enhance the profitable growth and increase stockholder
value of Oregon Mineral. Accordingly, the Plan provides for granting
Incentive Stock Options, options that do not constitute Incentive Stock
Options, Stock Appreciation Rights, Restricted Stock Awards, Phantom
Stock Awards, or any combination of the foregoing, as is best suited to
the particular circumstances.

The Plan was effective upon its adoption by the board and must be
approved by the stockholders of Oregon Mineral within twelve months of
its adoption by the Board. No further Awards may be granted under the
Plan on or after the date which is ten years following the effective
date. The Plan shall remain in effect until all Awards granted under
the Plan have been satisfied or expired.

The aggregate number of shares of Stock that may be issued under the
Plan shall be 2,000,000 shares. Awards may be granted only to persons
who, at the time of grant, are employees, members of the Board or
persons affiliated with Oregon Mineral or any of its Affiliates or
persons providing services to Oregon Mineral. An Award may be granted
on more than one occasion to the same person, and, subject to the
limitations set forth in the Plan, such Award may include an Incentive
Stock Option or a Nonqualified Stock Option, a Stock Appreciation
Right, a Restricted Stock Award, a Phantom Stock Award or any
combination thereof.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth, as of August 13, 2010, the number and
percentage of outstanding shares of Oregon Mineral common stock owned
by (i) each person known to us to beneficially own more than 5% of its
outstanding common stock, (ii) each director, (iii) each named
executive officer, and (iv) all officers and directors as a group.

Name of Common Stock % Class Owned % Class Owned
Beneficial Owner Beneficially Owned before offering after offering
<s> <c> <c> <c>
Charles D. Hamilton
233 Rogue River Highway
Grants Pass, Oregon 1,599,892(1) 9.84% 8.53%

Officers & Directors
As a Group (1 Person) 1,599,892(1) 9.84% 8.53%

Raymond Huckaba 750,000(2)direct 4.61% 4.00%
P.O. Box 413 2,903,977(2)indirect 17.85% 15.47%
Nurohy, OR 97533

Starveout Creek Tree Farm
P.O. Box 21
Azalea, OR 97410 950,000(3) 5.84% 5.06%

Sumac, Inc.
P.O. Box 21
Azalea, OR 97410 1,300,000(3) 7.99% 6.93%

Percentages are based upon 16,265,807 common shares issued and
outstanding as of March 31, 2010.

(1)Includes 210,084 common shares held by Laurel Hamilton which are
deemed to be beneficially owned by Mr. Hamilton.
(2)Includes 1,300,000 common shares held by Sumac, Inc., 653,977
common shares held by Rogue Silicates, Inc. and 950,000 common shares
held by Starveout Creek Tree Farm, all entities controlled by Raymond
Huckaba.
(3)Starveout Creek Tree Farm and Sumac, Inc. are controlled by
Raymond Huckaba.

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Purchase of Mining Claim. On February 29, 2005, Oregon Mineral entered
into a mining claim sales contract with James Lane, Dorman Cox, Erik
Thompson, Lee Meyer, Bobbie Meyer, Charles Hamilton, Laurel Hamilton
and Raymond Huckaba to purchase mining claims located at East 1/2 of
Section 11, the Southwest 1/4 of Section 12, the South 1/2 of Section
14, the South 1/2 of Section 13 and the West 1/2 of Section 18,
township 29 south Range 3 East, WWM, Douglas County Oregon. The
transaction closed on July 29, 2005. The purchase price was 400,000
common shares of Oregon Mineral. Charles Hamilton is the sole officer
and director of Oregon Mineral.

On December 23, 2006, Oregon Mineral purchased pyrophyllite clay as
needed for a price of $50 per ton. Oregon Mineral shall be solely
responsible for the expenses associated with shipping. Oregon Mineral
has the right of inspection of the clay at the mine site. There is no
specific termination clause in the agreement.

Related Party Loans. Oregon Mineral has received loans primarily from,
Raymond Huckaba, a former officer and Rogue Silicates, Inc. and Sumac,
Inc., related companies. Included in the loans are the accrued
maintenance and other fees. The loans are unsecured, have fixed dates
and bear interest.

Notes Payable at March 31, 2010. During 2003, Oregon Mineral received
a $1,080 loan from Ray Huckaba. The note was issued with a due date of
August 5, 2010 at 8% simple interest. A payment of $78 was made in
2006. The note was reissued in 2009 with a due date of September 30,
2011. The loan had a principal balance at March 31, 2010 and December
31, 2009 of $1,002 and had accrued interest respectively of $149 and
$129.

During 2005, Oregon Mineral issued a note for the maintenance fee on
our mineral interests for $ 5,000 to Rogue Silicates, Inc at 8% simple
interest, due August 5, 2010. No payments have been made. The note
was reissued in 2009 with a due date of September 30, 2011. The Loan
had a principal balance at March 31, 2010 and December 31, 2009 of
$5,000 and had accrued interest respectively of $ 1,866 and 1,768. In
September, Oregon Mineral issued a note for assessment work for $1,000
to Rogue Silicates, Inc at 8% simple interest, due September 5, 2010.
No payments have been made. The note was reissued in 2009 with a due
date of September 30, 2011. The loan had a principal balance at March
31, 2010 and December 31, 2009 of $ 1,000 and had accrued interest
respectively of $ 366 and $347.

During 2006, Oregon Mineral issued a note for the maintenance fee on
our mineral interests for $5,000 to Rogue Silicates, Inc. at 8% simple
interest, due August 5, 2010. No payments have been made. The note
was reissued in 2009 with a due date of September 30, 2011. The loan
had a principal balance at March 31, 2010 and December 31, 2009 of
$5,000 and had accrued interest respectively of $1,466 and $1,368.
During August Oregon Mineral received a $1,700 loan from Rogue
Silicates, Inc. The note was issued with a maturity date of August 5,
2010 at 8% simple interest. A payment in the amount of $386 was made

in 2008. The note was reissued in 2009 with a due date of September
30, 2011. A principal payment of $1,314 was made in March 2010. The
Loan had a principal balance at March 31, 2010 and December 31, 2009
respectively of $0 and $1,314 and had accrued interest respectively of
at that date of $0 and $150. In November, Oregon Mineral issued a note
for claim work for $1,056 to Rogue Silicates, Inc at 8% simple
interest, due August 5, 2010. No payments have been made. The note
was reissued in 2009 with a due date of September 30, 2011. The loan
had a principal balance at March 31, 2010 and December 31, of $1,056
and had accrued interest respectively of $288 and 267.

During 2007, Oregon Mineral issued a note for the maintenance fee on
our mineral interests for $ 5,000 to Rogue Silicates, Inc. at 8% simple
interest, due August 5, 2010. No payments have been made. The note
was reissued in 2009 with a due date of September 30, 2011. The loan
had a principal balance at March 31, 2010 and December 31, 2009 of
$5,000 and had accrued interest respectively $1,066 and $968. In
September, the Oregon Mineral issued a note for Assessment work for
$1,000 to Rogue Silicates, Inc at 8% simple interest, due August 5,
2010. No payments have been made. The note was reissued in 2009 with a
due date of September 30, 2011. The loan had a principal balance at
March 31, 2010 and December 31, 2009 of $1,000 and had accrued interest
respectively of $207 and $187. During October, Oregon Mineral received
a $3,500 loan from Rogue Silicates, Inc. The note was issued with a
maturity date of October 22, 2010 at 8% simple interest. No Payments
have been made. The note was reissued in 2009 with a due date of
September 30, 2011. The Loan had a principal balance at March 31, 2010
and December 31, 2009 of $3,500 and had accrued interest respectively
of $466 and $614. During October, Oregon Mineral received a $1,869
loan from Rogue Silicates, Inc. A note was issued with a maturity date
of August 5, 2010 at 8% simple interest. No Payments have been made.
The note was reissued in 2009 with a due date of September 30, 2011.
The loan had a principal balance at March 31, 2010 and December 31,
2009 of $1,869 and had accrued interest respectively of $366 and $329.

In November, Oregon Mineral issued a note for claim work for $2,586 to
Rogue Silicates, Inc at 8% simple interest, due August 5, 2010. The
note was reissued in 2009 with a due date of September 30, 2011. No
payments have been made. The loan had a principal balance at March 31,
2010 and December 31, 2009 of $2,586 and had accrued interest
respectively of at that date of $499 and $448.

In March of 2008, Oregon Mineral received a $3,500 loan from Sumac,
Inc. The note was issued with a maturity date of August 5, 2010 at 8%
simple interest. No Payments have been made. The note was reissued in
2009 with a due date of September 30, 2011. The loan had a principal
balance at March 31, 2010 and December 31, 2009 of $3,500 and had
accrued interest respectively $162 and $92. During April, we received
a $3,000 loan from Rogue Silicates, Inc. The note has a maturity date
of August 5, 2010 and bears interest at 8%. No payments have been

made. The note was reissued in 2009 with a due date of September 30,
2011. The Loan had a principal balance at March 31, 2010 and December
31, 2009 of $ 3,000 and had accrued interest respectively of $469 and
$410. In August, Oregon Mineral issued a note for maintenance fee on
our mineral interests for $ 5,000 to Rogue Silicates, Inc at 8% simple
interest, due August 5, 2010. No payments have been made. The note was
reissued in 2009 with a due date of September 30, 2011. The loan had a
principal balance at March 31, 2010 and December 31, 2009 of $ 5,000
and had accrued interest respectively of $666 and $567. In September,
Oregon Mineral issued a note for Assessment work for $1,000 to Rogue
Silicates, Inc at 8% simple interest, due August 5, 2010. No payments
have been made. The note was reissued in 2009 with a due date of
September 30, 2011. The loan had a principal balance at March 31, 2010
and December 31, 2009 of $1,000 and had accrued interest respectively
of $127 and $107.

During 2009, in August, Oregon Mineral issued a note for the
maintenance fee on our mineral interests for $ 5,000 to Rogue
Silicates, Inc at 8% simple interest, due September 30, 2011. No
payments have been made. The loan had a principal balance at March 31,
2010 and December 31, 2009 $5,000 has accrued interest respectively $
266 and $168. In September, Oregon Mineral issued a note for
Assessment work for $1,000 to Rogue Silicates, Inc at 8% simple
interest, due September 30, 2011. No payments have been made. The Loan
had a principal balance at March 31, 2010 and December 31, 2009 of
$1,000 and had accrued interest respectively of $47 and $27.

The following table summarizes Oregon Minerals notes payable at March
31, 2010 and December 31, 2009.

Principal Amount Accrued Interest
March 31, 2010 December 31, 2010 Notes March 31, 2010
-------------- ----------------- --------------------
(Unaudited) (Unaudited)
<s> <c> <c> <c>
Related Party

Notes payable to R Huckaba,
Unsecured interest bearing
@ 8% due 2010 $ 1,002
Notes payable to R. Huckaba,
unsecured
Interest bearing @ % due 2011 $ 1,002 $ 149
Notes payable to Rogue Silicates,
Inc. Unsecured, Interest bearing
@ 8% Due 2010 42,325
Notes payable to Rogue Silicates,
Inc. unsecured, interest bearing
@ 8%, Due 2011 41,011 8,165
Notes payable to Sumac Corp,
Unsecured Interest bearing @ 8%
due 2011 3,500

Notes payable to Sumac Corp,
Unsecured Interest bearing
@ 8%, due 2011 3,500 162
------- ------- -------
Total $45,513 $46,827 $ 8,476

Accrued interest on the notes listed above was $8,476 quarter ended
March 31, 2010 and $7,946 for the year ended December 31, 2009.

Mr. Raymond Huckaba is a former officer and director and shareholder of
Oregon. Rogue Silicates, Inc and Sumac Corp. are affiliates of R.
Huckaba.

There are 14 individual notes issued at varying dates and amounts and
shown in total for each party as of March 31, 2010 and 14 individual
notes as of December 31, 2009. All notes are due and payable September
30, 2011 and carry an 8% per year simple interest rate.

DESCRIPTION OF CAPITAL STOCK

The following statements discloses the material terms of your capital
stock, including your common stock and preferred stock.

Our articles of incorporation and bylaws do not contain any anti-
takeover provisions that may have the affect of delaying or preventing
a change in control.

Common Shares. Oregon Mineral's articles of incorporation authorize it
to issue up to 100,000,000 common shares and 1,000,000 preferred
shares, $0.001 par value per common and preferred share.

Liquidation Rights. Upon liquidation or dissolution, each outstanding
common share will be entitled to share equally in the assets of Oregon
Mineral legally available for distribution to shareholders after the
payment of all debts and other liabilities.

Dividend Rights. There are no limitations or restrictions upon the
rights of the board of directors to declare dividends out of any funds
legally available therefore. Oregon Mineral has not paid dividends to
date and it is not anticipated that any dividends will be paid in the
foreseeable future. The board of directors initially may follow a
policy of retaining earnings, if any, to finance the future growth of
Oregon Mineral. Accordingly, future dividends, if any, will depend
upon, among other considerations, Oregon Mineral's need for working
capital and its financial conditions at the time.

Voting Rights. Holders of common shares of Oregon Mineral are entitled
to voting rights of one hundred percent. Holders may cast one vote for
each share held at all shareholders meetings for all purposes.

Other Rights. Common shares are not redeemable, have no conversion
rights and carry no preemptive or other rights to subscribe to or
purchase additional common shares in the event of a subsequent

offering. Common Shares do not have cumulative voting features. Our by-
laws allow action to be taken by written consent rather than at a
meeting of stockholders with the consent of the holders of a majority
of shares entitled to vote.

The authorized preferred stock may be issued from time to time in
series. The board of directors is authorized to establish such series,
to fix and determine the variations and the relative rights and
preferences as between series, and to thereafter issue such stock from
time to time. The board of directors is also authorized to allow for
conversion of the preferred stock to common stock under terms and
conditions as determined by the board of directors.

Transfer Agent. Fidelity Transfer Company 1800 South West Temple,
Suite 301 Salt Lake City, Utah, 84115 will transfer stock for Oregon
Mineral.

SHARES ELIGIBLE FOR FUTURE SALE

Upon the date of this prospectus, there are 16,265,231 shares of our
common stock outstanding of which no common shares may be freely traded
without restriction.

Upon the effectiveness of this registration statement, up to 2,500,000
common shares may be issued and will be eligible for immediate resale
in the public market. The remaining common shares will be restricted
within the meaning of Rule 144 under the Securities Act, and are
subject to the resale provisions of Rule 144.

At the present time, resales or distributions of such shares are
provided for by the provisions of Rule 144. That rule is a so-called
"safe harbor" rule which, if complied with, should eliminate any
questions as to whether or not a person selling restricted shares has
acted as an underwriter.

Rule 144(d)(1) states that if the issuer of the securities is, and has
been for a period of at least 90 days immediately before the sale,
subject to the reporting requirements of section 13 or 15(d) of the
Exchange Act, a minimum of six months must elapse between the later of
the date of the acquisition of the securities from the issuer, or from
an affiliate of the issuer, and any resale of such securities.

Sales under Rule 144 are also subject to notice and manner of sale
requirements and to the availability of current public information and
must be made in unsolicited brokers' transactions or to a market maker.

A person who is not an affiliate of Oregon Minerals under the
Securities Act during the three months preceding a sale and who has
beneficially owned such shares for at least six months is entitled to
sell the shares under Rule 144 without regard to the volume, notice,
information and manner of sale provisions. Affiliates must comply with
the restrictions and requirements of Rule 144 when transferring
restricted shares even after the six month holding period has expired
and must comply with the restrictions and requirements of Rule 144 in
order to sell unrestricted shares.

No predictions can be made of the effect, if any, that market sales of
shares of common stock or the availability of such shares for sale will
have on the market price prevailing from time to time. Nevertheless,
sales of significant amounts of our common stock could adversely affect
the prevailing market price of the common stock, as well as impair our
ability to raise capital through the issuance of additional equity
securities.

DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION
FOR SECURITIES ACT LIABILITIES

Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of
the small business issuer as provided in the foregoing provisions, or
otherwise, the small business issuer has been advised that in the
opinion of the SEC such indemnification is against public policy as
expressed in the Securities Act and is, therefore, unenforceable.

In the event that a claim for indemnification against such liabilities,
other than the payment by the small business issuer of expenses
incurred or paid by a director, officer or controlling person of the
small business issuer in the successful defense of any action, suit or
proceeding, is asserted by such director, officer or controlling person
in connection with the securities being registered, the small business
issuer will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against
public policy as expressed in the Securities Act and will be governed
by the final adjudication of such issue.

MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

Market Information

Item 5(a)
a) Market Information. Our common stock is not quoted on an exchange
or on the OTC Electronic Bulletin Board. We cannot provide any
assurance that an active market in our common stock will develop. We
intend to quote our common shares on the OTC Electronic Bulletin Board

b) Holders. At August 13, 2010, there were approximately 191
shareholders of Oregon Minerals.

c) Dividends. Holders of Oregon Minerals common stock are entitled to
receive such dividends as may be declared by its board of directors.
No dividends on Oregon Minerals common stock have ever been paid, and
Oregon Minerals does not anticipate that dividends will be paid on its
common stock in the foreseeable future.

d) Securities authorized for issuance under equity compensation plans.
No securities are authorized for issuance by Oregon Minerals under
equity compensation plans.

Plan Category Number of Securities Weighted Average Exercise Number of Securities
Issued upon Exercise of Price of Outstanding Options Remaining Available
Outstanding Options, Warrants and Rights Future Issuance
<s> <c> <c> <c>
Equity
Compensation
Plans Approved
by Security Holders n/a n/a n/a

Equity
Compensation
Plans Not Approved
by Security Holders n/a n/a n/a
---------- ------ ------
Total n/a n/a

e) Performance graph. Not applicable.
f) Sale of unregistered securities.
During 2009, Oregon Mineral issued 60,000 shares at $0.10 for services
to Corporate Management Associates, a non-affiliate. Oregon Mineral
issued 400 shares at $0.3125 for cash to non-affiliates. Oregon
Mineral issued 5,024 shares at $.255 for cash to non-affiliates.
Oregon Mineral issued 3,000 shares at $1.00 to Brooks Research, a non-
affiliate, for services.

All of the above issuances of common stock were made to sophisticated
investors pursuant to Section 4(2) of the Securities Act of 1933.

Item 5(b) Use of Proceeds. Working Capital.

Item 5(c) Purchases of Equity Securities by the issuer and
affiliated purchasers. None.

EXPERTS

The 2009-2008 financial statements of Oregon Mineral appearing in this
registration statement have been audited by Chisholm, Bierwolf, Nilson
& Morrill LLC, independent registered accountants and are included in
reliance upon such report given upon the authority of such firm as
experts in accounting and auditing.

LEGAL PROCEEDINGS

There are no legal proceedings, pending or threatened, against Oregon
Mineral or its officers or directors in their capacity with Oregon
Mineral at this time.

LEGAL MATTERS

Jody M. Walker, Attorney At Law, Centennial, Colorado, will pass upon
certain legal matters with respect to the issuance of shares of common
stock offered by this prospectus.

WHERE YOU CAN FIND MORE INFORMATION

At your request, we will provide you, without charge, a copy of any
document filed as exhibits in this prospectus. If you want more
information, write or call us at:

Oregon Mineral Technologies, Inc.
50 Beekman Sq.
Jacksonville, OR 97530
541-899-1500
Attention: Charles D. Hamilton, Chief Executive Officer and Chief
Financial Officer

Our fiscal year ends on December 31. You may read and copy any
reports, statements, or other information we file at the SEC's public
reference room at 100 F Street, NE, Washington D.C. 20549.

You can request copies of these documents, upon payment of a
duplicating fee by writing to the SEC. Please call the SEC at 1-800-
SEC-0330 for further information on the operation of the public
reference rooms. Our SEC filings are also available to the public on
the SEC Internet site at http:\\www.sec.gov.

FINANCIAL STATEMENTS

The following financial statements are furnished below:

Balance Sheets - March 31, 2010 (unaudited) and December 31, 2009
Statement of Operations for the three months ended March 31, 2010 and
2009
Statements of Cash Flows for the three months ended March 31, 2010
(unaudited)and 2009
Notes to Financial Statements

Report of Independent Registered public Accounting Firm
Balance Sheets - December 31, 2009 and 2008
Statements of Operations for the periods ended December 31, 2009 and
2008 and November 19, 1999 (inception) to December 31, 2009.
Statements of Changes in Stockholders' Equity
Statements of Cash Flows for the years ended December 31, 2009 and 2008
and November 19, 1999 (inception)to December 31, 2009.
Notes to Financial Statements.

OREGON MINERAL TECHNOLOGIES, INC.
formerly Advanced Mineral Technologies, Inc.
(a development stage company)
Balance Sheets

ASSETS

March 31, December 31,
2010 2009
--------- ---------
Unaudited
CURRENT ASSETS
Cash $ 533 $ 4,055
--------- ---------
Total Current Assets 533 4,055
--------- ---------
FIXED ASSETS
Mineral Rights & Properties -Net 13,400 13,400
--------- ---------
TOTAL ASSETS $ 13,933 $ 17,455
========= =========
LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
Accounts Payable $ 15,718 $ 8,401
Accrued Salaries and Payroll Expense 6,951 -
Accrued Liabilities - Related Parties 2,671 2,671
Accrued Interest - Related Parties 8,476 7,946
--------- ---------
Total Current Liabilities 33,816 19,018
--------- ---------
LONG TERM LIABILITIES
Notes Payable - Related Party 45,513 46,827
--------- ---------
Total Long term Liabilities 45,513 46,827
--------- ---------
TOTAL LIABILITIES 79,329 65,845
--------- ---------
STOCKHOLDERS' (DEFICIT)
Preferred Stock .001 par value 1,000,000
shares authorized, none issued - -
Common Stock -.001 par value, 16,256,231
100,000,000 shares authorized,
issued and outstanding, respectively 16,265 16,265
Additional Paid in Capital 83,140 83,140
Deficit accumulated during the development
stage (164,801) (147,795)
--------- ---------
Total Shareholders' Deficit (65,396) (48,390)
--------- ---------
TOTAL LIABILITIES AND SHAREHOLDERS'
DEFICIT $ 13,933 $ 17,455
========= =========
The accompanying notes are an integral part
of these financial statements

Oregon Mineral Technologies, Inc.
formerly Advanced Mineral Technologies, Inc.
(a development stage company)
Statements of Operations
March 31, 2010
(Unaudited)

Accumulated
From Inception
For the For the on November 19,
Quarter Ended Quarter Ended 1999 through
March 31 March 31 March 31
2010 2009 2010
------------- ------------ --------------
<s> <c> <c> <c>
REVENUE $ - $ 11,250 $ 33,810

COST OF SALES - 3,160 15,427
---------- ---------- ----------
GROSS PROFIT - 8,090 18,383
---------- ---------- ----------
EXPENSES
General & Administrative 8,889 1,505 106,915
Professional Fees 4,200 - 46,057
Consulting Fees 3,000 7,000 21,500
---------- ---------- ----------
TOTAL OPERATING EXPENSES 16,089 8,505 174,472
---------- ---------- ----------
NET LOSS FROM OPERATIONS (16,089) (415) (156,089)
---------- ---------- ----------
OTHER INCOME (EXPENSES)
Interest Expense (917) (805) (9,127)
Gain on Sale of Assets - - 415
---------- ---------- ----------
TOTAL OTHER INCOME (Expense) (917) (805) (8,712)
---------- ---------- ----------
INCOME TAX EXPENSE - - -
---------- ---------- ----------
NET LOSS $ (17,006) $ (1,220) $ (164,801)
========== ========== ==========
BASIC AND FULLY DILUTED LOSS PER SHARE $ (0.00) $ (0.00)
========== ==========
BASIC AND FULLY DILUTED
WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING 16,216,070 16,216,807
========== ==========

The accompanying notes are an integral part
of these financial statements

Oregon Mineral Technologies, Inc.
formerly Advanced Mineral Technologies, Inc.
(a development stage company)
Statements of Cash Flows
(Unaudited)

Accumulated
From Inception
For the For the on November 19,
Quarter Ended Quarter Ended 1999 through
March 31 March 31 March 31
2010 2009 2010
------------- ------------ --------------
<s> <c> <c> <c>

CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss $ (17,006) $ (1,220) $(164,801)
Non cash Items Included in Net Loss
Common Stock Issued For Services - 6,000 11,800
Changes In operating Assets and
Liabilities
(Increase) Decrease in Inventory - 3,060 -
(Increase) Decrease in Prepaid
Expense - (4,000) -
Increase (Decrease) in Accounts
Payable & Accrued Expense 14,798 3,996 33,816
--------- --------- ---------
NET CASH PROVIDED BY/(USED) IN
OPERATING ACTIVITIES (2,208) 7,836 (119,185)
--------- --------- ---------
CASH FLOWS FROM INVESTING ACTIVITIES - - -
--------- --------- ---------
CASH FLOWS FROM BY FINANCING ACTIVITIES
Proceeds from notes payable
- related party (1,314) - 45,513
Cash received from issuance of
common stock - - 74,205
--------- --------- ---------
NET CASH PROVIDED BY/(USED IN)
FINANCING ACTIVITIES (1,314) - 119,718
--------- --------- ---------
NET INCREASE (DECREASE) IN CASH (3,522) 7,836 533

CASH BEGINNING BALANCE 4,055 779 -
--------- --------- ---------
CASH END OF PERIOD $ 533 $ 8,615 $ 533
========= ========= =========

SUPPLEMENTAL DISCLOSURES OF CASH
FLOW ACTIVITIES

Cash Paid For
Interest $ - $ - $ -
Income taxes $ - $ - $ -
Non-Cash and Investing Activities
Common Stock Issued for Services $ - $ 6,000 $ 11,800
Common Stock Issued for Assets $ - $ - $ 13,400

The accompanying notes are an integral part
of these financial statements

OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 1: Business and Organization

The Company was incorporated as Swan Land and Cattle Company in the
state of Wyoming on November 9, 1999. On November 17, 1999 the name
was changed to U.S. Sonix, Inc. On March 27, 2000 the name was changed
to Advanced Mineral Technologies, Inc. and the authorized common stock
was increased to 29,000,000 shares at .001 par value and the Company
authorized 1,000,000 shares of preferred stock at .001 par value. On
November 2, 2009, the name was changed to Oregon Mineral Technologies,
Inc. and the authorized common stock was increased to 100,000,000
shares.

Oregon Mineral Technologies, (OMT) is a corporation originally
organized to acquire mineral interests of a unique mineralized clay
formation in Oregon, classified as K-Rectorite, and to develop and
exploit this unique clay. Since inception, OMT has been formulating
plans to process, market and distribute the mineralized clay primarily
to the large potential agricultural market as OR-GROW as well as other
smaller markets. OR-GRO is a highly altered, highly mineralized
volcanic clay that when used as a soil amendment, enhances the growth
and health of plants. Since that time, however, there has been a
significant interest and research in the bio-medical properties of the
clay. This market could exponentially expand the Company's market
potential for the clay.

The Company has not achieved significant revenues and is a development
stage Company in accordance with FASB ASC 915, "Development Stage
Entities."

NOTE 2: Summary of Significant Accounting Policies

Principles of Accounting

The Company employs the accrual method of accounting for financial
statements purposes. Using the accrual method, revenues and related
assets are recognized when earned, and expenses and the related
obligations are recognized when incurred. The Company has elected a
December 31 year end.

Use of Estimates

The preparation of financial statements in conformity with accounting
principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reporting
amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements and the
reported amounts of revenues and expenses during the periods.

OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Management makes these estimates using the best information available
at the time the estimates are made; however, actual results could
differ materially from these estimates.

Fair Value of Financial Instruments

FASB ASC 820-10-50, "Fair Value Measurements," defines fair value,
establishes a three-level valuation hierarchy for disclosures of fair
value measurement and enhances disclosure requirements for fair value
measures. The three levels are defined as follows:
- Level 1 inputs to the valuation methodology are quoted prices
(unadjusted) for identical assets or liabilities in active
markets.
- - Level 2 inputs to the valuation methodology include quoted
prices for similar assets and liabilities in active markets, and
inputs that are observable for the asset or liability, either
directly or indirectly, for substantially the full term of the
financial instrument.
- Level 3 inputs to valuation methodology are unobservable and
significant to the fair measurement.

The carrying amounts reported in the balance sheets for the cash and
cash equivalents and current liabilities each qualify as financial
instruments and are a reasonable estimate of fair value because of the
short period of time between the origination of such instruments and
their expected realization and their current market rate of interest.
The carrying value of notes payable-related party approximates fair
value because negotiated terms and conditions are consistent with
current market rates as of March 31, 2010.

Cash Equivalents

The Company maintains a cash balance in a non-interest-bearing account
that currently does not exceed federally insured limits. For the
purpose of the statements of cash flows, all highly liquid investments
with an original maturity of three months or less are considered to be
cash equivalents.

Concentration of Credit Risk

Financial instruments, which potentially subject us to concentrations
of credit risk, consist principally of cash. Our cash balances are
maintained in accounts held by major banks and financial institutions
located in the United States. The Company does not maintain amounts on
deposit with a financial institution that are in excess of the
federally insured limit of $250,000.

OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Concentration of Credit Risk (Continued)

The Company is a development stage Company and has had limited sales
and customers during the periods ended March 31, 2010 and March 31,
2009 concentration of risk is not a material factor.

Basic and Fully Diluted Loss Per Share

FASB ASC 260, "Earnings Per Share", requires dual presentation of basic
and diluted earnings or loss per share ("EPS") for all entities with
complex capital structures and requires a reconciliation of the
numerator and denominator of the basic EPS computation to the numerator
and denominator of the diluted EPS computation. Basic EPS excludes
dilution; diluted EPS reflects the potential dilution that could occur
if securities or other contracts to issue common stock were exercised
or converted into common stock or resulted in the issuance of common
stock that then shared in the earnings of the entity.

The computation of basic and diluted loss per common share is based on
the weighted average number of shares outstanding during each period.

March 31,
(Unaudited)
---------
2010 2009
---- ----
NET LOSS $ (17,006) $ (1,220)

BASIC AND FULLY DILUTED LOSS
PER COMMON SHARE $ (0.00) $ (0.00)
========== ==========
BASIC AND FULLY DILUTED
WEIGHTED AVERAGE NUMBER OF
SHARES OUTSTANDING 16,265,231 16,126,807
========== ==========

The computation of loss per common share is based on the weighted
average number of shares outstanding during the year plus the common
stock equivalents which would arise from the exercise of stock options
and warrants outstanding using the treasury stock method and the
average market price per share during the year. The Company has not
issued any options or warrants.

The Company did not have any outstanding common stock equivalents for
the years ended March 31, 2010 and March 31, 2009.

OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Revenue recognition

In general, the Company recognizes revenue related to goods and
services provided when (i) persuasive evidence of an arrangement
exists, (ii) delivery has occurred or services have been rendered,
(iii) the fee is fixed or determinable, and (iv) collectability is
reasonably assured.

The Company's revenues are generated from sale of products. The Company
uses third party vendors for digging, preparing, bagging and storing
products for sale. Revenues from the sale of products are generally
recognized upon shipment of product, which corresponds with the
transfer of title. The costs of shipping are typically billed to the
customer upon shipment and are included in cost of sales. Deposits from
customers for orders to be delivered in the future are recorded as
deferred revenue.

Research and Development

The Company follows the policy of expensing its research and
development costs in the period in which they are incurred. The Company
has not incurred research and development expenses during the Quarters
ended March 31, 2010 and 2009.

Inventory

The Company's inventory consists of processed clay and is stated at the
lower of cost (first-in, first-out method), or market value. The
mineral clay is dried, ground and bagged in 50# bags and generally
stored at the vendor facility. The Company uses third party vendors
for digging, preparing, bagging and storing products for sale. The
value of inventory on hand at March 31, 2010 and 2009 is as follows.

Inventory 2010 2009

Finished Product $ - $ 1,938
Obsolescence - -
------- -------
Net Inventory $ - $ 1,938
======= =======

The Company believes that there is no obsolescence and the inventory is
saleable and useable.

OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Property and Equipment

Property and equipment are stated at cost, net of accumulated
depreciation. Depreciation is provided primarily by the straight-line
method over the estimated useful lives of the related assets of five
years. The Company has no depreciable property or equipment in at March
31, 2010 and December 31, 2009.

Mineral Rights and Claims

Mineral rights and claims are carried at cost. The Company will
amortize the costs of rights and claims based upon completion. The
depletion amount through March 31, 2010 resulted in amortization of
less than $1 and was recorded in the statements of operations in cost
of sales.

In 2000, the Company acquired mineral claims for K-Rectonite in Jackson
County Oregon. These claims were acquired through the issuance of
8,000,000 shares of common stock valued at par value of $.001, or
$8,000.

In 2000, the Company also acquired mineral interests to 10,000,000 tons
of K Rectorite clay from Rogue Silicates, Inc. This clay is from claims
owned by Rogue Silicates. It is the Company's responsibility to find
and extract the mineral. This interest was acquired through the
issuance of 5,000,000 shares of common stock at par value of $.001, or
$5,000. The Company has agreed to pay Rogue Silicates $5,000 per year
to maintain this interest and the claims acquired above.

In 2005, the Company acquired additional claims for K-Rectonite in
Jackson County Oregon, from individuals. These claims were acquired
through the issuance of 400,000 shares of common stock valued at par
value $.001, or $400. The Company agreed to pay Rogue Silicates
$1,000 per year to maintain these claims.

In 2000, the Company obtained an option to buy the mineral claims of
Rogue Silicates, Inc. for an option price of $10,000,000. This option
expired June 1, 2008. The Company has not yet negotiated an extension
or renewal of the option.

In 2006 the Company obtained an option to buy the mineral claims of
World Organics, Inc. for an option price of $3,000,000. This option
expired January 1, 2009. The Company has not yet negotiated an
extension or renewal of the option.

OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Mineral Rights and Claims (Continued)

A schedule of mineral claims, interest and associated amortization is
below.
March 31, December 31,
2010 2009
-------- --------
Mineral Claims $ 8,400 $ 8,400
Mineral Interest 5,000 5,000
-------- --------
Total 13,400 $ 13,400
Amortization - -
Net $ 13,400 $ 13,400
======== ========

In accordance with FASB ASC 930, "Extractive Activities - Mining", the
Company has determined that there is no impairment of the value of the
interests and claims at March 31, 2010 and December 31, 2009.

Income Taxes
The Financial Accounting Standards Board (FASB) has issued FASB ASC
740-10 (Prior authoritative literature: Financial Interpretation No.
48, "Accounting for Uncertainty in Income Taxes - An Interpretation of
FASB Statement No. 109 (FIN 48)). FASB ASC 740-10 clarifies the
accounting for uncertainty in income taxes recognized in an
enterprise's financial statements in accordance with prior literature
FASB Statement No. 109, Accounting for Income Taxes. This standard
requires a Company to determine whether it is more likely than not that
a tax position will be sustained will be sustained upon examination
based upon the technical merits of the position. If the more-likely-
than- not threshold is met, a Company must measure the tax position to
determine the amount to recognize in the financial statements. As a
result of the implementation of this standard, the Company performed a
review of its material tax positions in accordance with recognition and
measurement standards.

Deferred taxes are provided on a liability method whereby deferred tax
assets are recognized for deductible temporary differences and
operating loss and tax credit carry forwards and deferred tax
liabilities are recognized for taxable temporary differences. Temporary
differences are the differences between the reported amounts of assets
and liabilities and their tax basis. Deferred tax assets are reduced
by a valuation allowance when, in the opinion of management, it is more
likely than not that some portion or all of the deferred tax assets
will not be realized. Deferred tax assets and liabilities are adjusted
for the effects of changes in tax laws and rates on the date of
enactment.

56
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Income Taxes (Continued)

Deferred tax assets and the valuation account are as follows:

For the Quarters Ended
March 31,
2010 2009
---- ----
Deferred Tax Asset:
Net Operating Loss Carry Forward $ 56,032 $ 40,910
Valuation Allowance (56,032) (40,910)
--------- ---------
$ - $ -
========= =========

Components of Income Tax Expense are as Follows

For the Quarters Ended
March 31,
2010 2009
---- ----

Current Federal Tax $ - $ -
Current State Tax - -
Change in NOL Benefit 15,122 415
Change in Valuation Benefit (15,122) (415)
--------- ---------
$ 0 $ 0
========= =========

At March 31, 2010, the Company had net operating loss carry forwards of
approximately $ 56,000 that may be offset against future taxable income
and begin to expire starting in the year 2024. No tax benefit has been
reported in the March 31, 2010 and 2009 financial statements since the
potential tax benefit is offset by a valuation allowance of the same
amount.

The Company has adopted FASB ASC 740-10 to account for income taxes.
The Company currently has no issues creating timing differences that
would mandate deferred tax expense. Net operating losses would create
possible tax assets in future years. Due to the uncertainty of the
utilization of net operating loss carry forwards, an evaluation
allowance has been made to the extent of any tax benefit that net
operating losses may generate. A provision for income taxes has not
been made due to net operating loss carry-forwards of $56,032 and
$40.910 as of March 31, 2010 and March 31, 2009, respectively, which
may be offset against future taxable income through 2029. No tax
benefit has been reported in the financial statements.

57
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Components of Income Tax Expense are as Follows: (Continued)

For the Period Ended For the Year ended
March 31, 2010 December 31, 2009
-------------------- ------------------
Beginning Balance $ - $ -

Additions Based on tax
Positions related to
current year - -

Additions for Positions of
Prior Years - -

Reductions for Positions of
Prior Years - -

Deductions in Benefit Due to
Income Tax Expense - -
-------- --------
Ending Balance $ - $ -
======== ========

The Company did not have any tax positions for which it is reasonably
possible that the total amount of unrecognized tax benefits will
significantly increase or decrease within the next 12 months.

The Company includes interest and penalties arising from the
underpayment of income taxes in the consolidated statements of
operations in the provision for income taxes. As of March 31, 2010 and
2009, the Company had no accrued interest or penalties related to
uncertain tax positions.

The tax years that remain subject to examination by major taxing
jurisdictions are for the years ended December 31, 2009, 2008 and 2007.

Recently Issued Accounting Pronouncements

58
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Recently Issued Accounting Pronouncements (Continued)

included in Subtopic 810-10). For those entities that have already
adopted FAS 160, the amendments are effective at the beginning of the
first interim or annual reporting period ending on or after December
15, 2009. The amendments should be applied retrospectively to the first
period that an entity adopted FAS 160. The Company does not expect the
provisions of ASU 2010-02 to have a material effect on the financial
position, results of operations or cash flows of the Company.

In January 2010, the FASB issued Accounting Standards Update 2010-02,
Consolidation (Topic 810): Accounting and Reporting for Decreases in
Ownership of a Subsidiary. This amendment to Topic 810 clarifies, but
does not change, the scope of current US GAAP. It clarifies the
decrease in ownership provisions of Subtopic 810-10 and removes the
potential conflict between guidance in that Subtopic and asset
derecognition and gain or loss recognition guidance that may exist in
other US GAAP. An entity will be required to follow the amended
guidance beginning in the period that it first adopts FAS 160 (now
included in Subtopic 810-10). For those entities that have already
adopted FAS 160, the amendments are effective at the beginning of the
first interim or annual reporting period ending on or after December
15, 2009. The amendments should be applied retrospectively to the first
period that an entity adopted FAS 160. The Company does not expect the
provisions of ASU 2010-02 to have a material effect on the financial
position, results of operations or cash flows of the Company.

In January 2010, the FASB issued Accounting Standards Update 2010-01,
Equity (Topic 505): Accounting for Distributions to Shareholders with
Components of Stock and Cash (A Consensus of the FASB Emerging Issues
Task Force). This amendment to Topic 505 clarifies the stock portion of
a distribution to shareholders that allows them to elect to receive
cash or stock with a limit on the amount of cash that will be
distributed is not a stock dividend for purposes of applying Topics 505
and 260. Effective for interim and annual periods ending on or after
December 15, 2009, and would be applied on a retrospective basis. The
Company does not expect the provisions of ASU 2010-01 to have a
material effect on the financial position, results of operations or
cash flows of the Company.

59
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Recently Issued Accounting Pronouncements (Continued)

In October 2009, the FASB issued Accounting Standards Update 2009-14,
Software (Topic 985): Certain Revenue Arrangements That Include
Software Elements. This update changed the accounting model for revenue
arrangements that include both tangible products and software elements.
Effective prospectively for revenue arrangements entered into or
materially modified in fiscal years beginning on or after June 15,
2010. Early adoption is permitted. The Company does not expect the
provisions of ASU 2009-14 to have a material effect on the financial
position, results of operations or cash flows of the Company.

In October 2009, the FASB issued Accounting Standards Update 2009-13,
Revenue Recognition (Topic 605): Multiple-Deliverable Revenue
Arrangements. This update addressed the accounting for multiple-
deliverable arrangements to enable vendors to account for products or
services (deliverables) separately rather than a combined unit and will
be separated in more circumstances that under existing US GAAP. This
amendment has eliminated that residual method of allocation. Effective
prospectively for revenue arrangements entered into or materially
modified in fiscal years beginning on or after June 15, 2010. Early
adoption is permitted. The Company does not expect the provisions of
ASU 2009-13 to have a material effect on the financial position,
results of operations or cash flows of the Company.

In September 2009, the FASB issued Accounting Standards Update 2009-12,
Fair Value Measurements and Disclosures (Topic 820): Investments in
Certain Entities That Calculate Net Asset Value per Share (or Its
Equivalent). This update provides amendments to Topic 820 for the fair
value measurement of investments in certain entities that calculate net
asset value per share (or its equivalent). It is effective for interim
and annual periods ending after December 15, 2009. Early application is
permitted in financial statements for earlier interim and annual

60
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 2: Summary of Significant Accounting Policies (Continued)

Recently Issued Accounting Pronouncements (Continued)

periods that have not been issued. The Company does not expect the
provisions of ASU 2009-12 to have a material effect on the financial
position, results of operations or cash flows of the Company.

In July 2009, the FASB ratified the consensus reached by EITF (Emerging
Issues Task Force) issued EITF No. 09-1, (ASC Topic 470) "Accounting
for Own-Share Lending Arrangements in Contemplation of Convertible Debt
Issuance" ("EITF 09-1"). The provisions of EITF 09-1, clarifies the
accounting treatment and disclosure of share-lending arrangements that
are classified as equity in the financial statements of the share
lender. An example of a share-lending arrangement is an agreement
between the Company (share lender) and an investment bank (share
borrower) which allows the investment bank to use the loaned shares to
enter into equity derivative contracts with investors. EITF 09-1 is
effective for fiscal years that beginning on or after December 15, 2009
and requires retrospective application for all arrangements outstanding
as of the beginning of fiscal years beginning on or after December 15,
2009. Share-lending arrangements that have been terminated as a result
of counterparty default prior to December 15, 2009, but for which the
entity has not reached a final settlement as of December 15, 2009 are
within the scope. Effective for share-lending arrangements entered into
on or after the beginning of the first reporting period that begins on
or after June 15, 2009. The Company does not expect the provisions of
EITF 09-1 to have a material effect on the financial position, results
of operations or cash flows of the Company.

NOTE 3: Capital Structure

Common Stock

Dividends may be paid on outstanding shares as declared by the Board of
Directors. Each share of common stock is entitled to one vote.

During the year ended December 31, 1999 the Company issued 2,000,000
shares of common stock to initial investors at the par value of $.001

During the year ended December 31, 2000 the Company issued 13,000 000
shares of common stock at par value of $.001 for the acquisition of
mineral claims and rights.

During the year 2002, the Company issued 18,667 shares of common stock
for services at $.15 per share for a value of $2,800. The Company also
issued 40,000 shares of common stock at $.15 per share for a value of
$6,000.

61
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 3: Capital Structure (Continued)

Common Stock (Continued)

During the year 2003, the Company issued 730,140 shares of common stock
at $.09 per share for a value of $64,800. The Company also recalled and
canceled 52,000 shares of stock from a related party for $.19 per share
for a value of $10,000.

During the year 2005, the Company issued 400,000 shares at par value of
$.001 per share for the acquisition of mineral claims for a value of
$400.

During 2006, the Company issued 60,000 shares of common stock for cash
at $.17 per share for a value of $10,000.

During 2009, the Company issued 60,000 shares for consulting services
of $6,000. The value of the shares was determined to be $.31 per share
$18,750.The excess of the value of the shares issued over the value do
the value of the services is $12,750 and has been recorded as a
reduction of additional paid-in capital.

The Company also issued 400 shares for cash at $0.31 per share for a
value of $125.

The Company also issued 5,024 shares for cash at $0.25 per share for a
value of $1,280.

During the year ended December 31, 2009, the Company issued 3,000
shares for marketing consulting services $3,000. The value of the
shares was determined to be $.31 or $939. The deficit of the value of
the shares issued under the value of the services is $2,061 and has
been recorded as an addition to additional paid-in capital.

Preferred Stock

No shares of preferred stock have been issued or are outstanding.
Dividends, voting rights and other terms, rights and preferences of the
preferred shares have not been designated but may be designated by the
Board of Directors from time to time.

NOTE 4: Loans Payable Related Parties

The Company has received loans primarily from a former officer and
related companies. Included in the loans are the accrued maintenance
and other fees discussed in Mineral Interests. The loans are
unsecured, have fixed dates and bear interest.

During 2003, the Company received a $1,080 loan from Ray Huckaba. The
note was issued with a due date of August 5, 2010 at 8% simple
interest. A payment of $78 was made in 2006. The note was reissued in

62
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 4: Loans Payable Related Parties (Continued)

2009 with a due date of September 30, 2011. The Loan had a principal
balance at March 31, 2010 and December 31, 2009 of $1,002 and had
accrued interest respectively of $149 and $129.

During 2005, the Company issued a note for the Maintenance Fee on our
mineral interests for $5,000 to Rogue Silicates, Inc. at 8% simple
interest, due August 5, 2010. No payments have been made. The note was
reissued in 2009 with a due date of September 30, 2011. The Loan had a
principal balance at March 31, 2010 and December 31, 2009 of $5,000 and
had accrued interest respectively of $1,866 and $1,768. In September
The Company issued a note for Assessment work for $1,000 to Rogue
Silicates, Inc at 8% simple interest, due September 5, 2010. No
payments have been made. The note was reissued in 2009 with a due date
of September 30, 2011. The Loan had a principal balance at March 31,
2010 and December 31, 2009 of $1,000 and had accrued interest
respectively of $366 and $347.

During 2006, the Company issued a note for the Maintenance Fee on our
mineral interests for $5,000 to Rogue Silicates, Inc. at 8% simple
interest, due August 5, 2010. No payments have been made. The note was
reissued in 2009 with a due date of September 30, 2011. The Loan had a
principal balance at March 31, 2010 and December 31, 2009 of $5,000 and
had accrued interest respectively of $1,466 and $1,368. During August
The Company received a $1,700 loan from Rogue Silicates, Inc. The note
was issued with a maturity date of August 5, 2010 at 8% simple
interest. A payment in the amount of $386 was made in 2008. The note
was reissued in 2009 with a due date of September 30, 2011. A principal
payment of $1,314 was made in March 2010. The Loan had a principal
balance at March 31, 2010 and December 31, 2009 respectively of $0 and
$1,314 and had accrued interest respectively of at that date of $0 and
$150. In November the Company issued a note for claim work for $1,056
to Rogue Silicates, Inc at 8% simple interest, due August 5, 2010. No
payments have been made. The note was reissued in 2009 with a due date
of September 30, 2011. The Loan had a principal balance at March 31,
2010 and December 31, of $1,056 and had accrued interest respectively
of $288 and 267.

During 2007 the Company issued a note for the Maintenance Fee on our
mineral interests for $ 5,000 to Rogue Silicates, Inc. at 8% simple
interest, due August 5, 2010. No payments have been made. The note
was reissued in 2009 with a due date of September 30, 2011. The Loan
had a principal balance at March 31, 2010 and December 31, 2009 of
$5,000 and had accrued interest respectively $1,066 and $968. In
September the Company issued a note for Assessment work for $1,000 to
Rogue Silicates, Inc at 8% simple interest, due August 5, 2010. No
payments have been made. The note was reissued in 2009 with a due date
of September 30, 2011. The Loan had a principal balance at March 31,
2010 and December 31, 2009 of $1,000 and had accrued interest

63
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 4: Loans Payable Related Parties (Continued)

respectively of $207 and $187. During October, the Company received a
$3,500 loan from Rogue Silicates, Inc. The note was issued with a
maturity date of October 22, 2010 at 8% simple interest. No Payments
have been made. The note was reissued in 2009 with a due date of
September 30, 2011. The Loan had a principal balance at March 31, 2010
and December 31, 2009 of $3,500 and had accrued interest respectively
of $466 and $614. During October the Company received a $1,869 loan
from Rogue Silicates, Inc. A note was issued with a maturity date of
August 5, 2010 at 8% simple interest. No Payments have been made. The
note was reissued in 2009 with a due date of September 30, 2011. The
Loan had a principal balance at March 31, 2010 and December 31, 2009 of
$1,869 and had accrued interest respectively of $366 and $329. In
November, the Company issued a note for claim work for $2,586 to Rogue
Silicates, Inc at 8% simple interest, due August 5, 2010. The note was
reissued in 2009 with a due date of September 30, 2011. No payments
have been made. The Loan had a principal balance at March 31, 2010 and
December 31, 2009 of $2,586 and had accrued interest respectively of at
that date of $499 and $448.

In March of 2008, the Company received a $3,500 loan from Sumac, Inc.
The note was issued with a maturity date of August 5, 2010 at 8% simple
interest. No Payments have been made. The note was reissued in 2009
with a due date of September 30, 2011. The Loan had a principal
balance at March 31, 2010 and December 31, 2009 of $3,500 and had
accrued interest respectively $162 and $92. During April, we received
a $3,000 loan from Rogue Silicates, Inc. The note has a maturity date
of August 5, 2010 and bears interest at 8%. No payments have been
made. The note was reissued in 2009 with a due date of September 30,
2011. The Loan had a principal balance at March 31, 2010 and December
31, 2009 of $ 3,000 and had accrued interest respectively of $469 and
$410. In August, the Company issued a note for Maintenance Fee on our
mineral interests for $ 5,000 to Rogue Silicates, Inc at 8% simple
interest, due August 5, 2010. No payments have been made. The note was
reissued in 2009 with a due date of September 30, 2011. The Loan had a
principal balance at March 31, 2010 and December 31, 2009 of $ 5,000
and had accrued interest respectively of $666 and $567. In September
The Company issued a note for Assessment work for $1,000 to Rogue
Silicates, Inc at 8% simple interest, due August 5, 2010. No payments
have been made. The note was reissued in 2009 with a due date of
September 30, 2011. The Loan had a principal balance at March 31, 2010
and December 31, 2009 of $1,000 and had accrued interest respectively
of $127 and $107.

During 2009, in August, the Company issued a note for the Maintenance
Fee on our mineral interests for $ 5,000 to Rogue Silicates, Inc at 8%
simple interest, due September 30, 2011. No payments have been made.
The Loan had a principal balance at March 31, 2010 and December 31,
2009 $5,000 has accrued interest respectively $ 66 and $168. In

64
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 4: Loans Payable Related Parties (Continued)

September the Company issued a note for Assessment work for $1,000 to
Rogue Silicates, Inc at 8% simple interest, due September 30, 2011. No
payments have been made. The Loan had a principal balance at March 31,
2010 and December 31, 2009 of $1,000 and had accrued interest
respectively of $47 and $27.

The following table summarizes the Company's Notes Payable at March 31,
2010 and December 31, 2009.

Principal Amount Accrued Interest
March 31, 2010 December 31, 2010 Notes March 31, 2010
-------------- ----------------- --------------------
(Unaudited) (Unaudited)
<s> <c> <c> <c>
Related Party

Notes payable to R Huckaba,
Unsecured interest bearing
@ 8% due 2010 $ 1,002
Notes payable to R. Huckaba,
unsecured
Interest bearing @ % due 2011 $ 1,002 $ 149
Notes payable to Rogue Silicates,
Inc. Unsecured, Interest bearing
@ 8% Due 2010 42,325
Notes payable to Rogue Silicates,
Inc. unsecured, interest bearing
@ 8%, Due 2011 41,011 8,435
Notes payable to Sumac Corp,
Unsecured Interest bearing @ 8%
due 2011 3,500
Notes payable to Sumac Corp,
Unsecured Interest bearing
@ 8%, due 2011 3,500 162
------- ------- -------
Total $45,513 $46,827 $ 8,476

Accrued interest on the notes listed above was $8,476 quarter ended
March 31, 2010 and $7,946 for the year ended December 31, 2009.

There are 14 individual notes issued at varying dates and amounts and
shown in total for each party as of March 31, 2010 and 15 individual
notes as of December 31, 2009. All notes are due and payable September
30, 2011 and carry an 8% per year simple interest rate.

65
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

NOTE 5: Going Concern

The Company's financial statements are prepared using generally
accepted accounting principles applicable to a going concern, which
contemplates the realization of assets and liquidation of liabilities
in the normal course of business. The Company has not yet established
an ongoing source of revenues sufficient to cover its operating costs
and allow it to continue as a going concern. Historically, the Company
has incurred annual losses, which have resulted in an accumulated
deficit of $ 164,801 at March 31, 2010 and $ 147,795 at December 31,
2009. The Company also has a negative working capital and negative cash
flow from operations. These factors raise substantial doubt about the
Company's ability to continue as a going concern. The ability of the
Company to continue as a going concern is dependent on the Company
increasing sales to the point it becomes profitable. The Company may
need to raise additional capital for working capital, processing
equipment and marketing to increase its sales. If the Company is unable
to increase sales sufficiently or obtain adequate capital, it could be
forced to cease operation or seek some form of business combination or
sale. The accompanying financial statements do not include any
adjustments relating to the recoverability and classification of asset
carrying amounts or the amount and classification of liabilities that
might result from the outcome of this uncertainty.

Management plans to increase sales by increasing its marketing program
and to obtain additional capital from the filing a Form S-1 with the
Securities and Exchange Commission, registering common stock for
entering the public stock market for sales of shares of its common
stock. However, management cannot provide any assurances that the
Company will be successful in accomplishing any of its plans.

Note 6: Commitments and Contingencies

Operating Leases

The Company has obligations to pay $5,000 and $1,000 per year to a
related party, Rogue Silicates, Inc. to maintain its mineral claims and
leases. The Company has incurred expense of $6,000 in 2009 and 2008
respectively. The obligation is on an ongoing basis as long as the
claims and lease for the clay remain. The expense is recorded in
General and Administrative expense in the statements of operations.

Consulting Agreements

The Company entered in to an agreement with a firm to act as an
introducing broker. The Company paid an initial fee $2,500 and is
obligated to pay the broker an additional fee of $2,500 upon completion
and

66
OREGON MINERAL TECHNOLOGIES, INC.
FORMERLY ADVANCED MINERAL TECHNOLOGIES, INC.
Notes to Financial Statements
March 31, 2010 and December 31, 2009

Note 6: Commitments and Contingencies (Continued)

acceptance of a Securities and Exchange Commission Form S-1 filing and
additional variable fees for successful funding and or acceptance and
signing of an acceptable term sheet.

In February 2009, the Company entered into a consulting agreement with
a firm to assist the Company in preparation of a revised business plan,
Company accounting records and related corporate documentation for the
submission of registration documents to the Securities and Exchange
Commission for its common stock. The Company agreed to pay $500 per
month for six months and a payment of 60,000 shares of common stock
which were issued at $.10 per share for a total share value of $6,000.
The agreement was extended for four months at an additional fee of $600
per month for a total of $ 11,600 in fees and stock. An additional
extension is being negotiated.

Note 7: Subsequent Events

The Option to acquire mineral claims from Rogue Silicates, Inc in 2000
expired in 2008. That option has been renewed and extended to June 30,
2014 under the same terms and conditions.

The Option to acquire mineral claims from World Organics, Inc. in 2006
expired in 2009. That Option has been renewed and extended to June 30,
2014 under the same conditions and terms.

Oregon Mineral Technologies, Inc has evaluated subsequent events for
the period March 31, 2010 through the date the financial statements
were issued, and concludes that there were no other events, except
those noted above, or transactions occurring during this period that
required recognition or disclosure in its financial statements.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders
Oregon Mineral Technologies, Inc. (formerly Advanced Mineral
Technologies, Inc.)
Jacksonville, Oregon

We have audited the accompanying balance sheets of Oregon Mineral
Technologies, Inc. (formerly Advanced Mineral Technologies, Inc.) (a
development stage company) as of December 31, 2009 and 2008, and the
related statements of operations, stockholders' equity (deficit), and
cash flows for the years then ended, and for the period from November
19, 1999 (inception) through December 31, 2009. These financial
statements are the responsibility of the Company's management. Our
responsibility is to express an opinion on these financial statements
based on our audits.

We conducted our audits in accordance with the standards of the Public
Company Accounting Oversight Board (United States). Those standards
require that we plan and perform the audits to obtain reasonable
assurance about whether the financial statements are free of material
misstatement. The company is not required to have, nor were we engaged
to perform, an audit of its internal control over financial reporting.
Our audits included consideration of internal control over financial
reporting as a basis for designing audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing
an opinion on the effectiveness of the company's internal control over
financial reporting. Accordingly, we express no such opinion. An audit
also includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements, assessing the
accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement
presentation. We believe that our audits provide a reasonable basis for
our opinion.

In our opinion, the financial statements referred to above present
fairly, in all material respects, the financial position of Oregon
Mineral Technologies, Inc. as of December 31, 2009 and 2008, and the
results of its operations and its cash flows for the years then ended
and for the period from November 19, 1999 (inception) through December
31, 2009, in conformity with accounting principles generally accepted
in the United States of America.

The accompanying financial statements have been prepared assuming that
the Company will continue as a going concern. As discussed in Note 5 to
the financial statements, the Company has incurred losses since
inception and further losses are anticipated in the development of its
business. The Company has also incurred recurring negative working
capital, and negative cash flows from operations, which raises
substantial doubt about its ability to continue as a going concern.

Management's plans in regard to these matters are also described in
Note 5. The financial statements do not include any adjustments that
might result from the outcome of this uncertainty.

Chisholm, Bierwolf, Nilson & Morrill, LLC
Bountiful, Utah
May 18, 2010

69
OREGON MINERAL TECHNOLOGIES, INC.
formerly Advanced Mineral Technologies, Inc.
(a development stage company)
Balance Sheets

ASSETS
December 31, December 31,
2009 2008
----------- -----------
CURRENT ASSETS
Cash $ 4,055 $ 779
Inventory - 4,998
-------- --------
Total Current Assets 4,055 5,777
-------- --------
FIXED ASSETS
Mineral Rights & Properties - Net 13,400 13,400
-------- --------
TOTAL ASSETS $ 17,455 $ 19,177
======== ========

LIABILITIES AND STOCKHOLDERS' (DEFICIT)

CURRENT LIABILITIES
Accounts Payable $ 8,401 $ 1,265
Accrued Liabilities - Related Parties 2,671 2,671
Accrued Interest - Related Parties 7,946 4,517
--------- ---------
Total Current Liabilities 19,018 8,453
--------- ---------
LONG TERM LIABILITIES
Notes Payable - Related Party 46,827 40,827
--------- ---------
Total Long term Liabilities 46,827 40,827
--------- ---------
TOTAL LIABILITIES 65,845 49,280
--------- --------
STOCKHOLDERS' (DEFICIT)
Preferred Stock .001 Par value
1,000,000 shares authorized
- none issued - -
Common Stock -.001 par value
100,000,000 shares authorized,
16,265,231 and 16,196,807 shares
issued and outstanding, respectively 16,265 16,197
Additional Paid in Capital 83,140 72,803
Accumulated Deficit (147,795) (119,103)
--------- ---------
Total Shareholders' (Deficit) (48,390) (30,103)
--------- ---------
TOTAL LIABILITIES AND SHAREHOLDERS'
(DEFICIT) $ 17,455 $ 19,177
========= =========

The accompanying notes are an integral part
of these financial statements

70
Oregon Mineral Technologies, Inc.
formerly Advanced Mineral Technologies, Inc.
(a development stage company)
Statements of Operations

COST OF SALES 4,180 1,225 15,427
--------- --------- ---------
GROSS PROFIT 9,570 650 18,383
--------- --------- ---------
EXPENSES
General & Administrative 12,736 9,650 98,026
Professional Fees 6,097 3,794 41,857
Consulting Fees 16,000 2,500 18,500
--------- --------- ---------
TOTAL OPERATING EXPENSES 34,833 15,944 158,383
--------- --------- ---------
NET LOSS FROM OPERATIONS (25,263) (15,294) (140,000)
--------- --------- ---------
OTHER INCOME (EXPENSES)
Interest Expense (3,429) (2,888) (8,210)
Gain on Sale of Assets - - 415
--------- --------- ---------
TOTAL OTHER INCOME (Expense) (3,429) (2,888) (7,795)

INCOME TAX EXPENSES - - -
--------- --------- ---------
NET LOSS $ (28,692) $ (18,182) $(147,795)
========= ========= =========
BASIC AND FULLY DILUTED LOSS PER SHARE $ (0.00) $ (0.00)
========= =========
BASIC AND FULLY DILUTED WEIGHTED AVERAGE
NUMBER OF SHARES OUTSTANDING 16,216,070 16,196,807
========== ==========

The accompanying notes are an integral part
of these financial statements

71
Oregon Mineral Technologies, Inc.
(a development stage company)
Statements of Stockholders' Equity (Deficit)
For the Period November 19, 1999 (inception) through December 31, 2009

PREFERRED STOCK COMMON STOCK
SHARES AMOUNT SHARES AMOUNT
------ ------ ------ ------
<s> <c> <c> <c> <c>
Balance at November 19, 1999
(inception) - - - -
Common shares issued for cash at
$.001 per share - - 2,000,000 2,000
Net income (loss) for the period
from inception November 19, 1999
through December 31, 1999
------- ------- --------- -------
Balance at December 31, 1999 - - 2,000,000 2,000
Common shares issued for mineral
rights at $.001 per share - - 8,000,000 8,000

Common shares issued for mineral
rights at $.001 per share - - 5,000,000 5,000

Net loss for the year ended December
31, 2000 - - - -
------- ------- --------- -------
Balance at December 31, 2000 - - 15,000,000 15,000
Net loss for the year ended December
31, 2001 - - - -
------- ------- --------- -------
Balance at December 31, 2001 - - 15,000,000 15,000
Common shares issued for services
at $.15 per share - - 18,667 19
Common shares issued for cash at
$.15 per share - - 40,000 40
Net loss for the year ended December
31, 2002 - - - -
------- ------- --------- -------
Balance at December 31, 2002 - - 15,058,667 15,059
Common shares issued for cash at $.09
per share - - 730,140 730
Common share cancelled - - (52,000) (52)
Net loss for the year ended December
31, 2003 - - - -
------- ------- --------- -------
Balance at December 31, 2003 - - 15,736,807 15,737
Net loss for the year ended December
31, 2004 - - - -
------- ------- --------- -------

Balance at December 31, 2004 - - 15,736,807 15,737
Common shares issued for mineral
claims at $.001 - - 400,000 400
Net loss for the year ended December
31, 2005 - - - -
------- ------- --------- -------
Balance at December 31, 2005 - - 16,136,807 16,137
Common shares issued for cash at
$.17 per share - - 60,000 60
Net loss for the year ended December
31, 2006 - - - -
------- ------- --------- -------
Balance at December 31, 2006 - - 16,196,807 16,197
Net loss for the year ended December
31, 2007 - - - -
------- ------- --------- -------
Balance at December 31, 2007 - - 16,196,807 16,197
Net loss for the year ended December
31, 2008 - - - -
------- ------- --------- -------
Balance at December 31, 2008 - - 16,196,807 16,197
Common Shares Issued for Services @$.10 - - 60,000 60
Reduction in paid-in capital for the
excess of value of shares issued for
services over the value of the services
received - - (12,750) (12,750)
Common Shares Issued for cash @ $0.3125 - - 400 -
Common Shares Issued for cash @ $0.255 - - 5,024 5
Common Shares Issued for Services @ $1.00 - - 3,000 3
Increase in paid-in capital for the
excess of value of shares issued for
services under the value of the
services received
Net Loss for the year ended September
30, 2009 - - - -
------- ------- ---------- -------
Balance at December 31, 2009 - - 16,265,231 16,265
======= ======= ========== =======

The accompanying notes are an integral part
of these financial statements

73
Oregon Mineral Technologies, Inc.
(a development stage company)
Statements of Stockholders' Equity (Deficit)
For the Period November 19, 1999 (inception) through December 31, 2009
(CONTINUED)

ADDITIONAL
PAID IN ACCUMULATED
CAPITAL DEFICIT TOTAL
------- ----------- -----
<s> <c> <c> <c>
Balance at November 19, 1999 (inception) - - -

Common shares issued for cash at $.001 per share - (2,000) -
Net income (loss) for the period from inception
November 19,1999 through December 31, 1999
------- -------- -------
Balance at December 31, 1999 - (2,000) -

Common shares issued for mineral rights - - 8,000
at $ .001 per share
Common shares issued for mineral rights - - 5,000
at $.001 per share
Net loss for the year ended December 31, 2000 - (5,000) (5,000)
------- -------- -------
Balance at December 31, 2000 - (7,000) 8,000

Net loss for the year ended December 31, 2001 - (6,312) (6,312)
------- -------- -------
Balance at December 31, 2001 - (13,312) 1,688

Common shares issued for services at $.15 per share 2,781 - 2,800
Common shares issued for cash at $.15 per share 5,960 - 6,000
Net loss for the year ended December 31, 2002 - (8,917) (8,917)
------- -------- -------
Balance at December 31, 2002 8,741 (22,229) 1,571

Common shares issued for cash at $.09 per share 64,070 - 64,800
Common share cancelled (9,948) - (10,000)
Net loss for the year ended December 31, 2003 - (34,617) (34,617)
------- -------- -------
Balance at December 31, 2003 62,863 (56,846) 21,754

Net loss for the year ended December 31, 2004 - (10,168) (10,168)
------- -------- -------
Balance at December 31, 2004 62,863 (67,014) 11,586

Common shares issued for mineral claims at $.001 - - 400
Net loss for the year ended December 31, 2005 - (8,288) (8,288)
------- -------- -------
Balance at December 31, 2005 62,863 (75,302) 3,698

Common shares issued for cash at $.17 per share 9,940 - 10,000
Net loss for the year ended December 31, 2006 - (11,874) (11,874)
------- -------- -------
Balance at December 31, 2006 72,803 (87,176) 1,824

Net loss for the year ended December 31, 2007 - (13,745) (13,745)
------- -------- -------
Balance at December 31, 2007 72,803 (100,921) (11,921)

Net loss for the year ended December 31, 2008 - (18,182) (18,182)
------- -------- -------
Balance at December 31, 2008 72,803 (119,103) (30,103)
Common Shares Issued for Services @ $.10 - 18,690 18,750
Reduction in paid-in capital for the excess of
value of shares issued for services over the
value of the services received - (12,750) (12,750)
Common Shares Issued for cash @ $ 0.3125 - 125 125
Common Shares Issued for cash @ $ 0.255 - 1,275 1,280
Common Shared Issued for Services @$1.00 - 936 939
Increase in paid-in capital for the excess of
value of shares issued for services under
the value of the services received - 2,061 2,061
Net Loss for the year ended September 30, 2009 - (28,692) (28,692)
------- -------- -------
Balance at December 31, 2009 83,140 (147,795) (48,390)
======= ======== =======

The accompanying notes are an integral part
of these financial statements

75
Oregon Mineral Technologies, Inc.
formerly Advanced Mineral Technologies, Inc.
(a development stage company)
Statements of Cash Flows

Accumulated
From Inception
For the For the on November 19,
Year Ended Year Ended 1999 through
December 31, December 31, December 31,
2009 2008 2009
----------- ----------- -------------
<s> <c> <c> <c>
CASH FLOWS FROM OPERATING ACTIVITIES
Net Loss $ (28,692) $ (18,182) $(147,795)
Non cash Items Included in Net Loss
Common Stock Issued For Services 9,000 - 11,800
Changes In operating Assets and Liabilities
(Increase) Decrease in Accounts Receivable
and Advances - 1,000 -
(Increase) Decrease in Inventory 4,998 - -
(Increase) Decrease in Prepaid Expense - - 500
Increase (Decrease) in Accounts Payable
& Accrued Expense 10,565 4,849 19,018
--------- --------- ---------
NET CASH USED BY OPERATING ACTIVITIES (4,129) (11,833) (116,977)
--------- --------- ---------
CASH FLOWS FROM INVESTING ACTIVITIES - - -
--------- --------- ---------
NET CASH USED FROM INVESTING ACTIVITIES - - -
--------- --------- ---------
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable - related party 6,000 12,114 46,827
Cash received from issuance of common stock 1,405 - 74,205
--------- --------- ---------
NET CASH FROM FINANCING ACTIVITIES 7,405 12,114 121,032
--------- --------- ---------
NET INCREASE (DECREASE) IN CASH 3,276 281 4,055
CASH AT DECEMBER 31, 2008 779 498 -
--------- --------- ---------
CASH AT DECEMBER 31, 2009 $ 4,055 $ 779 $ 4,055
========= ========= =========
SUPPLEMENTAL DISCLOSURES OF CASH FLOW ACTIVITIES

Cash Paid For
Interest $ - $ - $ -
Income taxes $ - $ - $ -

Non-Cash and Investing Activities
Common Stock Issued for Services $ 9,000 $ - $ 2,800
Common Stock Issued for Assets $ - $ - $13,400

The accompanying notes are an integral part
of these financial statements

76
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 1. ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNT POLICIES

Business and Organization
This summary of significant accounting policies of Oregon Mineral
Technologies, Inc., Formerly Advanced Mineral Technologies, Inc. (the
Company) is presented to assist in understanding the Company's
financial statements. The financial statements and notes are
representations of the Company's management, which is responsible for
their integrity and objectivity. These accounting policies conform to
accounting principles generally accepted in the United States of
America and have been consistently applied in the preparation of the
financial statements.

The Company was incorporated as Swan Land and Cattle Company in the
state of Wyoming on November 9, 1999. On November 17, 1999 the name
was changed to U.S. Sonix, Inc. On March 27, 2000 the name was changed
to Oregon Mineral Technologies, Inc. and increased the authorized
common stock to 29,000,000 shares at .001 par value and authorized
1,000,000 shares of preferred stock at .001 par value. On November 2,
2009, the name was changed to Oregon Mineral Technologies, Inc. and the
Shareholders and BD the increase of the authorized common stock to
100,000,000 shares.

Oregon Mineral Technologies, (OMT) is a corporation originally
organized to acquire mineral interests of a unique mineralized clay
formation in Oregon, classified as K-Rectorite, and to develop and
exploit this unique clay. Since inception, AMT has been formulating
plans to process, market and distribute the mineralized clay primarily
to the large potential agricultural market as OR-GROW as well as other
smaller markets. OR-GRO is a highly altered, highly mineralized
volcanic clay that when used as a soil amendment, enhances the growth
and health of plants. Since that time, however, there has been a
significant interest and research in the bio-medical properties of the
clay. This market could exponentially expand the Company's market
potential for the clay.

The Company has not achieved significant revenues and is a development
stage company in accordance with FASB ASC 915 Development Stage
Entities.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Accounting
The Company employs the accrual method of accounting for financial
statements purposes. Using the accrual method, revenues and related
assets are recognized when earned, and expenses and the related
obligations are recognized when incurred. The Company has elected a
December 31 year end.

77
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Use of Estimates
The preparation of financial statements in conformity with accounting
principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reporting
amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements and the
reported amounts of revenues and expenses during the periods.
Management makes these estimates using the best information available
at the time the estimates are made; however, actual results could
differ materially from these estimates.

Fair Value of Financial Instruments
FASB ASC 820-10-50, "Fair Value Measurements defines fair value,
establishes a three-level valuation hierarchy for disclosures of fair
value measurement and enhances disclosure requirements for fair value
measures. The three levels are defined as follows:
- Level 1 inputs to the valuation methodology are quoted prices
(unadjusted) for identical assets or liabilities in active markets.
- Level 2 inputs to the valuation methodology include quoted prices
for similar assets and liabilities in active markets, and inputs that
are observable for the asset or liability, either directly or
indirectly, for substantially the full term of the financial
instrument.
- Level 3 inputs to valuation methodology are unobservable and
significant to the fair measurement.

The carrying amounts reported in the balance sheets for the cash and
cash equivalents and current liabilities each qualify as financial
instruments and are a reasonable estimate of fair value because of the
short period of time between the origination of such instruments and
their expected realization and their current market rate of interest.
The carrying value of notes payable approximates fair value because
negotiated terms and conditions are consistent with current market
rates as of December 31, 2009 and 2008.

Cash Equivalents
The Company maintains a cash balance in a non-interest-bearing account
that currently does not exceed federally insured limits. For the
purpose of the statements of cash flows, all highly liquid investments
with an original maturity of three months or less are considered to be
cash equivalents.

78
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Concentration of Credit Risk
Financial instruments, which potentially subject us to concentrations
of credit risk, consist principally of cash. Our cash balances are
maintained in accounts held by major banks and financial institutions
located in the United States. The Company does not maintain amounts on
deposit with a financial institution that are in excess of the
federally insured limit of $250,000.

The Company is a development stage company and has had limited sales
and customers during the years ended December 31 2009 and 2008
concentration of risk is not a material factor.

Basic and Fully Diluted Loss Per Share
FASB ASC 260, "Earnings per Share", requires dual presentation of basic
and diluted earnings or loss per share ("EPS") for all entities with
complex capital structures and requires a reconciliation of the
numerator and denominator of the basic EPS computation to the numerator
and denominator of the diluted EPS computation. Basic EPS excludes
dilution; diluted EPS reflects the potential dilution that could occur
if securities or other contracts to issue common stock were exercised
or converted into common stock or resulted in the issuance of common
stock that then shared in the earnings of the entity.

The computation of basic and diluted loss per common share is based on
the weighted average number of shares outstanding during each period.

December 31
2009 2008
---- ----
NET LOSS (28,692) (18,182)

BASIC AND FULLY DILUTED LOSS
PER COMMON SHARE $ (0.00) $ (0.00)
======== ========
BASIC AND FULLY DILUTED
WEIGHTED AVERAGE NUMNER OF SHARES
OUTSTANDING 16,216,070 16,196,807
========== ==========

79
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

The Company did not have any outstanding common stock equivalents for
the years ended December 31, 2009 and 2008.

Revenue recognition
In general, the Company recognizes revenue related to goods and
services provided when (i) persuasive evidence of an arrangement
exists, (ii) delivery has occurred or services have been rendered,
(iii) the fee is fixed or determinable, and (iv) collectability is
reasonably assured.

The Company's revenues are generated from sale of products. The company
uses third party vendors for digging, preparing, bagging and storing
products for sale. Revenues from the sale of products are generally
recognized upon shipment of product, which corresponds with the
transfer of title. The costs of shipping are typically billed to the
customer upon shipment and are included in cost of sales. Deposits from
customers for orders to be delivered in the future are recorded as
deferred revenue.

Research and Development
The Company follows the policy of expensing its research and
development costs in the period in which they are incurred. The Company
has not incurred research and development expenses during the years
ended December 31, 2009 and 2008.

Inventory
The Company's inventory consists of processed clay and is stated at the
lower of cost (first-in, first-out method), or market value. The
mineral clay is dried, ground and bagged in 50# bags and generally
stored at the vendor facility. The Company uses third party vendors
for digging, preparing, bagging and storing products for sale. The
value of inventory on hand at December 31, 2009 and 2008 is as follows.

Inventory 2009 2008
---- ----
Finished Product $ - $ 4,998
Obsolescence - -
------- -------
Net Inventory $ - $ 4,998
======= =======
The Company believes that there is no obsolescence and the inventory is
saleable and useable.

Property and Equipment
Property and equipment are stated at cost, net of accumulated
depreciation. Depreciation is provided primarily by the straight-line

80
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

method over the estimated useful lives of the related assets of five
years. The Company has no depreciable property or equipment at December
31, 2009 and December 31, 2008.

Mineral Rights and Claims
Mineral rights and claims are carried at cost. The Company will
amortize the costs of rights and claims based upon completion. The
depletion amount through 2009 resulted in amortization of less than $1
and was recorded in the in the statements of operations in cost of
sales.

In 2000, the Company also acquired mineral interests to 10,000,000 tons
of K Rectonite clay from Rogue Silicates, Inc. This clay is from claims
owned by Rogue Silicates. It is the Company's responsibility to find
and extract the mineral. This interest was acquired through the
issuance of 5,000,000 shares of common stock at par value of $.001, or
$5,000. The Company has agreed to pay Rogue Silicates $5,000 per year
to maintain this interest and the claims acquired above.

In 2006 the Company obtained an option to buy the mineral claims of
World Organics, Inc. for an option price of $3,000,000. This option
expired January 1, 2009. The company has not yet negotiated an
extension or renewal of the option.

81
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

A schedule of mineral claims, interest and associated amortization is
below.
2009 2008
---- ----
Mineral Claims $ 8,400 $ 8,400
Mineral Interest 5,000 5,000
------- -------
Total $13,400 $13,400
Amortization - -
------- -------
Net $13,400 $13,400
======= =======

In accordance with FASB ASC 930, "Extractive Activities - Mining", the
company has determined that there is no impairment of the value of the
interests and claims at December 31, 2009 and 2008.

Accounts Receivable
Accounts receivable are carried at original invoice amount less an
estimate made for doubtful receivables based on a review of all
outstanding amounts. Specific reserves are estimated by management
based on certain assumptions and variables, including the customer's
financial condition, age of the customer's receivables, and changes in
payment histories. As of December 31, 2009 and 2008, there is no
allowance for doubtful receivables. Recoveries of trade receivables
previously written off are recorded when received.

The Company did not have any accounts receivable at December 31, 2009
and 2008.

Advances Related Parties
Prior to December 31, 2007, the Company had Oregon to Sumac
Corporation, a related party entity, $1,000. The amount was non-
interest bearing, unsecured and due on demand. During 2008, this
amount was exhausted. The Company has no other advances to related
parties for the year ended December 31, 2009.

82
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

than- not threshold is met, a company must measure the tax position to
determine the amount to recognize in the financial statements. As a
result of the implementation of this standard, the Company performed a
review of its material tax positions in accordance with recognition and
measurement standards.

Deferred taxes are provided on a liability method whereby deferred tax
assets are recognized for deductible temporary differences and
operating loss and tax credit carryforwards and deferred tax
liabilities are recognized for taxable temporary differences. Temporary
differences are the differences between the reported amounts of assets
and liabilities and their tax basis. Deferred tax assets are reduced
by a valuation allowance when, in the opinion of management, it is more
likely than not that some portion or all of the deferred tax assets
will not be realized. Deferred tax assets and liabilities are adjusted
for the effects of changes in tax laws and rates on the date of
enactment.

Deferred tax assets and the valuation account are as follows:

For the Years Ended
December 31,
2009 2008
---- ----
Deferred tax asset:
Net operating loss carryforward $ 147,795 $ 119,103
Valuation allowance (147,795) (119,103)
--------- ---------
$ - $ -

Components of income tax expense are as follows:

For the Years Ended
December 31,
2009 2008
---- ----
Current Federal tax $ - $ -
Current State tax - -
Change in NOL benefit 28,692 18,182
Change in valuation allowance (29,692) (18,182)
-------- --------
$ - $ -

At December 31, 2009, the Company had net operating loss carry forwards
of approximately $147,795 that may be offset against future taxable
income from the year 2024 through 2028. No tax benefit has been

83
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

reported in the December 31, 2009 and 2008 financial statements since
the potential tax benefit is offset by a valuation allowance of the
same amount.

The Company has adopted FASB ASC 740-10 to account for income taxes.
The Company currently has no issues creating timing differences that
would mandate deferred tax expense. Net operating losses would create
possible tax assets in future years. Due to the uncertainty of the
utilization of net operating loss carry forwards, an evaluation
allowance has been made to the extent of any tax benefit that net
operating losses may generate. A provision for income taxes has not
been made due to net operating loss carry-forwards of $147,795 and
$119,103 as of December 31, 2009 and December 31, 2008, respectively,
which may be offset against future taxable income through 2029. No tax
benefit has been reported in the financial statements.

A reconciliation of the beginning and ending amount of unrecognized tax
benefits is as follows:

For the Years Ended
December 31,
2009 2008
---- ----
Beginning Balance $ - $ -

Additions based on tax positions related
to current year - -
Additions for tax positions of prior years - -
Reductions for tax positions of prior years - -
Reductions in benefit due to income tax
expense - -
------- -------
Ending Balance $ - $ -
======= =======

The Company did not have any tax positions for which it is reasonably
possible that the total amount of unrecognized tax benefits will
significantly increase or decrease within the next 12 months.

The Company includes interest and penalties arising from the
underpayment of income taxes in the consolidated statements of
operations in the provision for income taxes. As of December 31, 2009
and 2008, the Company had no accrued interest or penalties related to
uncertain tax positions.

The tax years that remain subject to examination by major taxing
jurisdictions are for the years ended December 31, 2009, 2008 and 2007.

84
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Long-Lived Assets
The Company periodically evaluates the carrying value of long-lived
assets to be held and used in which requires impairment losses to be
recorded on long-lived assets used in operations when indicators of
impairment are present and the undiscounted cash flows estimated to be
generated by those assets are less than the asset's carrying amounts.
In that event a loss is recognized based on the amount by which the
carrying value exceeds the fair value of the long-lived assets. Loss on
long-lived assets to be disposed of is determined in a similar manner,
except that fair market values are reduced for the cost of disposal.
Based on its review, the Company has not recorded an impairment of
long-lived assets as of December 31, 2009 and 2008.

Recently Issued Accounting Pronouncements
In January 2010, the FASB issued Accounting Standards Update 2010-02,
Consolidation (Topic 810): Accounting and Reporting for Decreases in
Ownership of a Subsidiary. This amendment to Topic 810 clarifies, but
does not change, the scope of current US GAAP. It clarifies the
decrease in ownership provisions of Subtopic 810-10 and removes the
potential conflict between guidance in that Subtopic and asset
derecognition and gain or loss recognition guidance that may exist in
other US GAAP. An entity will be required to follow the amended
guidance beginning in the period that it first adopts FAS 160 (now
included in Subtopic 810-10). For those entities that have already
adopted FAS 160, the amendments are effective at the beginning of the
first interim or annual reporting period ending on or after December
15, 2009. The amendments should be applied retrospectively to the first
period that an entity adopted FAS 160. The Company does not expect the
provisions of ASU 2010-02 to have a material effect on the financial
position, results of operations or cash flows of the Company.

85
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

In October 2009, the FASB issued Accounting Standards Update 2009-14,
Software (Topic 985): Certain Revenue Arrangements That Include
Software Elements. This update changed the accounting model for revenue
arrangements that include both tangible products and software elements.
Effective prospectively for revenue arrangements entered into or
materially modified in fiscal years beginning on or after June 15,
2010. Early adoption is permitted. The Company does not expect the
provisions of ASU 2009-14 to have a material effect on the financial
position, results of operations or cash flows of the Company.

In October 2009, the FASB issued Accounting Standards Update 2009-13,
Revenue Recognition (Topic 605): Multiple-Deliverable Revenue
Arrangements. This update addressed the accounting for multiple-
deliverable arrangements to enable vendors to account for products or
services (deliverables) separately rather than a combined unit and will
be separated in more circumstances that under existing US GAAP. This
amendment has eliminated that residual method of allocation. Effective
prospectively for revenue arrangements entered into or materially
modified in fiscal years beginning on or after June 15, 2010. Early
adoption is permitted. The Company does not expect the provisions of
ASU 2009-13 to have a material effect on the financial position,
results of operations or cash flows of the Company.

86
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Issuance" ("EITF 09-1"). The provisions of EITF 09-1, clarifies the
accounting treatment and disclosure of share-lending arrangements that
are classified as equity in the financial statements of the share
lender. An example of a share-lending arrangement is an agreement
between the Company (share lender) and an investment bank (share
borrower) which allows the investment bank to use the loaned shares to
enter into equity derivative contracts with investors. EITF 09-1 is
effective for fiscal years that beginning on or after December 15, 2009
and requires retrospective application for all arrangements outstanding
as of the beginning of fiscal years beginning on or after December 15,
2009. Share-lending arrangements that have been terminated as a result
of counterparty default prior to December 15, 2009, but for which the
entity has not reached a final settlement as of December 15, 2009 are
within the scope. Effective for share-lending arrangements entered into
on or after the beginning of the first reporting period that begins on
or after June 15, 2009. The Company does not expect the provisions of
EITF 09-1 to have a material effect on the financial position, results
of operations or cash flows of the Company.

NOTE 3. CAPITAL STRUCTURE

Common Stock
Dividends may be paid on outstanding shares as declared by the Board of
Directors. Each share of common stock is entitled to one vote.

During the year ended December 31, 1999, the Company issued 2,000,000
shares of common stock to initial investors at the par value of $.001

During the year ended December 31, 2000, the Company issued 13,000 000
shares of common stock at par value of $.001 for the acquisition of
mineral claims and rights.

During the year 2003, the Company issued 730,140 shares of common stock
at $.09 per share for a value of $64,800. The Company also recalled
and canceled 52,000 shares of stock from a related party for $.19 per
share for a value of $10,000.

During the year 2005, the Company issued 400,000 shares at par value of
$.001 per share for the acquisition of mineral claims for a value of
$400.

During 2006, the Company issued 60,000 shares of common stock for cash
at $.17 per share for a value of $10,000.

87
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 3. CAPITAL STRUCTURE (continued)

The Company also issued 400 shares for cash at $0.31 per share for a
value of $125.

The Company also issued 5,024 shares for cash at $0.25 per share for a
value of $1,280.

Preferred Stock
No shares of preferred stock have been issued or are outstanding.
Dividends, voting rights and other terms, rights and preferences of the
preferred shares have not been designated but may be designated by the
Board of Directors from time to time.

NOTE 4. LOANS PAYABLE RELATED PARTIES

During 2003 we received a $1,080 loan from Ray Huckaba. The note was
issued with a due date of August 5, 2010 at 8% simple interest. A
payment of $78 was made in 2006. The note was reissued in 2009 with a
due date of September 30, 2011. The Loan had a principal balance at
December 31, 2009 of $1,002 and had accrued interest at that date of
$129.

During 2005 we issued a note for the Maintenance Fee on our mineral
interests for $5,000 to Rogue Silicates, Inc at 8% simple interest, due
August 5, 2010. No payments have been made. The note was reissued in
2009 with a due date of September 30, 2011. The Loan had a principal
balance at December 31, 2009 of $5,000 and had accrued interest at that
date of $1,768. In September we issued a note for Assessment work for
$1,000 to Rogue Silicates, Inc at 8% simple interest, due September 5,
2010. No payments have been made. The note was reissued in 2009 with a

88
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 4. LOANS PAYABLE RELATED PARTIES (continued)

due date of September 30, 2011. The Loan had a principal balance at
December 31, 2009 of $ 1,000 and had accrued interest at that date of
$347.

During 2006 we issued a note for the Maintenance Fee on our mineral
interests for $ 5,000 to Rogue Silicates, Inc at 8% simple interest,
due August 5, 2010. No payments have been made. The note was reissued
in 2009 with a due date of September 30, 2011. The Loan had a principal
balance at December 31, 2009 of $5,000 and had accrued interest at that
date of $1,368. During August we received a $1,700 loan from Rogue
Silicates, Inc. The note was issued with a maturity date of August 5,
2010 at 8% simple interest. A payment in the amount of $386 was made
in 2008. The note was reissued in 2009 with a due date of September
30, 2011. The Loan had a principal balance at December 31, 2009 of
$1,314 and had accrued interest at that date of $150. In November we
issued a note for claim work for $1,056 to Rogue Silicates, Inc at 8%
simple interest, due August 5, 2010. No payments have been made. The
note was reissued in 2009 with a due date of September 30, 2011. The
Loan had a principal balance at December 31, 2009 of $1,056 and had
accrued interest at that date of $267.

During 2007 we issued a note for the Maintenance Fee on our mineral
interests for $5,000 to Rogue Silicates, Inc at 8% simple interest, due
August 5, 2010. No payments have been made. The note was reissued in
2009 with a due date of September 30, 2011. The Loan had a principal
balance at December 31, 2009 of $5,000 and had accrued interest at that
date of $968. In September we issued a note for Assessment work for
$1,000 to Rogue Silicates, Inc at 8% simple interest, due August 5,
2010. No payments have been made. The note was reissued in 2009 with a
due date of September 30, 2011. The Loan had a principal balance at
December 31, 2009 of $1,000 and had accrued interest at that date of
$187. During October we received a $3,500 loan from Rogue Silicates,
Inc. The note was issued with a maturity date of October 22, 2010 at 8%
simple interest. No Payments have been made. The note was reissued in
2009 with a due date of September 30, 2011. The Loan had a principal
balance at December 31, 2009 of $3,500 and had accrued interest at that
date of $614. During October we received a $1,869 loan from Rogue
Silicates, Inc. A note was issued with a maturity date of August 5,
2010 at 8% simple interest. No Payments have been made. The note was
reissued in 2009 with a due date of September 30, 2011. The Loan had a
principal balance at December 31, 2009 of $1,869 and had accrued
interest at that date of $329. In November we issued a note for claim
work for $2,586 to Rogue Silicates, Inc at 8% simple interest, due
August 5, 2010. The note was reissued in 2009 with a due date of
September 30, 2011. No payments have been made. The Loan had a
principal balance at December 31, 2009 of $2,586 and had accrued
interest at that date of $448.

89
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 4. LOANS PAYABLE RELATED PARTIES (continued)

In March of 2008 we received a $3,500 loan from Sumac, Inc. The note
was issued with a maturity date of August 5, 2010 at 8% simple
interest. No Payments have been made. The note was reissued in 2009
with a due date of September 30, 2011. The Loan had a principal balance
at December 31, 2009 of $3,500 and had accrued interest at that date of
$92. During April we received a $3,000 loan from Rogue Silicates, Inc.
The note has a maturity date of August 5, 2010 and bears interest at
8%. No payments have been made. The note was reissued in 2009 with a
due date of September 30, 2011. The Loan had a principal balance at
December 31, 2009 of $3,000 and had accrued interest at that date of $
410. In August we issued a note for Maintenance Fee on our mineral
interests for $5,000 to Rogue Silicates, Inc at 8% simple interest, due
August 5, 2010. No payments have been made. The note was reissued in
2009 with a due date of September 30, 2011. The Loan had a principal
balance at December 31, 2009 of $5,000 and had accrued interest at that
date of $567. In September we issued a note for Assessment work for
$1,000 to Rogue Silicates, Inc at 8% simple interest, due August 5,
2010. No payments have been made. The note was reissued in 2009 with
a due date of September 30, 2011. The Loan had a principal balance at
December 31, 2008 of $ 1,000 and had accrued interest at that date of
$107.

During 2009, in August, we issued a note for the Maintenance Fee on our
mineral interests for $5,000 to Rogue Silicates, Inc at 8% simple
interest, due September 30, 2011. No payments have been made. The Loan
had a principal balance at September 30, 2009 of $5,000 has accrued
interest at December 31, 2009 of $168. In September we issued a note
for Assessment work for $1,000 to Rogue Silicates, Inc at 8% simple
interest, due September 30, 2011. No payments have been made. The
Loan had a principal balance at December 31, 2009 of $1,000 and had
accrued interest at that date of $27.

The following table summarized the Company's Notes Payable at December
31, 2009 and December 31, 2008.

Accrued
Interest-Notes
Principal Amount December 31,
Related Party 2009 2008 2009
- -------------------------------------------------------------------------------------
<s> <c> <c> <c>
Notes payable to R Huckaba, unsecured
interest bearing at 8% due 2010 $ - $ - $ 1,002

Notes payable to R. Huckaba, unsecured
Interest bearing at __% due 2011 $ 1,002 $ - $ 129

Notes payable to Rogue, Silicates Inc
unsecured, interest bearing at 8%,
due 2010 $ - $ - $36,325

90
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 4. Loans Payable Related Parties (continued)

Notes payable to Rogue, Silicates Inc
unsecured, interest bearing at 8%,
due 2011 $42,325 $ - $ 7,724

Notes payable to Sumac Corp, unsecured
Interest bearing at 8%, due 2010 $ - $ - $ 3,500

Notes payable to Sumac Corp, unsecured
Interest bearing at 8%, due 2011 $ 3,500 $ - $ 93
------- ------- -------
Total $46,827 $40,827 $ 7,946
======= ======= =======

Accrued interest on the notes listed above was $7,946 and $4,517 for
the years ended December 31, 2009 and 2008.

There are 15 individual notes issued at varying dates and amounts and
shown in total for each party as of December 31, 2009 and 2008. All
notes are due and payable September 30, 2011 and carry an 8% per year
simple interest rate.

NOTE 5: GOING CONCERN

The Company's financial statements are prepared using generally
accepted accounting principles applicable to a going concern, which
contemplates the realization of assets and liquidation of liabilities
in the normal course of business. The Company has not yet established
an ongoing source of revenues sufficient to cover its operating costs
and allow it to continue as a going concern. Historically, the Company
has incurred annual losses, which have resulted in an accumulated
deficit of $ 147,795 at December 31, 2009. The Company also has a
negative working capital and negative cash flow from operations. These
factors raise substantial doubt about the Company's ability to continue
as a going concern. The ability of the Company to continue as a going
concern is dependent on the Company increasing sales to the point it
becomes profitable. The Company may need to raise additional capital
for working capital, processing equipment and marketing to increase its
sales. If the Company is unable to increase sales sufficiently or
obtain adequate capital, it could be forced to cease operation or seek
some form of business combination or sale. The accompanying financial
statements do not include any adjustments relating to the
recoverability and classification of asset carrying amounts or the
amount and classification of liabilities that might result from the
outcome of this uncertainty.

91
OREGON MINERAL TECHNOLOGIES, INC.
(Formerly Advanced Mineral Technologies, Inc.)
Notes to Financial Statements

NOTE 5. GOING CONCERN (continued)

entering the public stock market for sales of shares of its common
stock. However, management cannot provide any assurances that the
Company will be successful in accomplishing any of its plans.

NOTE 6. COMMITMENTS AND CONTINGENCIES

Operating Leases
The Company has obligations to pay $5,000 and $1,000 per year to a
related party, Rogue Silicates, Inc. to maintain its mineral claims
and leases. The company has incurred expense of $6,000 in 2009 and
2008 respectively. The obligation is on an ongoing basis as long as
the claims and lease for the clay remain. The expense is recorded in
General and Administrative expense in the statements of operations.

Consulting Agreements
The company entered in to an agreement with a firm to act as an
introducing broker. The company is was paid an initial fee $2,500 and
is obligated to pay the broker an additional fee of $2,500 upon
completion and acceptance of a Securities and Exchange Commission Form
S-1 filing and additional variable fees for successful funding and or
acceptance and signing of an acceptable term sheet.

In February 2009, the company entered into a consulting agreement with
a firm to assist the company in preparation of a revised business plan,
company accounting records and related corporate documentation for the
submission of registration documents to the Securities and Exchange
Commission for its common stock. The Company agreed to pay $500 per
month for six months and a payment of 60,000 shares of common stock
which were issued at $.10 per share for a total share value of $6,000.
The agreement was extended for four months at an additional fee of $600
per month for a total of $ 11,600 in fees and stock.

NOTE 7. SUBSEQUENT EVENTS

Oregon Mineral Technologies, Inc has evaluated subsequent events for
the period December 31, 2009 through the date the financial statements
were issued, and concludes that there were no other events or
transactions occurring during this period that required recognition
or disclosure in its financial statements.

Up to a Maximum of 2,500,000 Common Shares,

Prospectus

Oregon Mineral Technologies, Inc.

August 13, 2010

YOU SHOULD ONLY RELY ON THE INFORMATION CONTAINED IN THIS PROSPECTUS.
WE HAVE NOT AUTHORIZED ANYONE TO PROVIDE YOU WITH INFORMATION DIFFERENT
FROM THAT CONTAINED IN THIS PROSPECTUS. WE ARE OFFERING TO SELL, AND
SEEKING OFFERS TO BUY, SHARES OF COMMON STOCK ONLY IN JURISDICTIONS
WHERE OFFERS AND SALES ARE PERMITTED.

Until __________________2010, all dealers that effect transactions in
these securities, whether or not participating in this offering, may be
required to deliver a prospectus. This is in addition to the dealers'
obligation to deliver a prospectus when acting as underwriters and with
respect to their unsold allotments or subscriptions.

PART II

INFORMATION NOT REQUIRED IN PROSPECTUS

Item 13. Other Expenses of Issuance and Distribution

The following table sets forth the estimated expenses to be incurred in
connection with the distribution of the securities being registered.
Oregon Minerals shall pay the expenses.

SEC Registration Fee . . . . . . $ 356.10
Printing and Engraving Expenses 1,500.00
Legal Fees and Expenses . . . . 12,000.00
Accounting Fees and Expenses. . 5,000.00
Miscellaneous . . . . . . . . . 2,500.00
----------
TOTAL . . . . . . . . . . . . . $21,356.10
==========

Item 14. Indemnification of Directors and Officers

Item 15. Recent Sales of Unregistered Securities

On February 1_, 2009, Oregon Mineral issued 60,000 shares at $0.10 per
common share to Corporate Management Associates, Inc. for consulting
services.

On July 2, 2009, Oregon Mineral issued 400 shares at $0.3125 per common
share for cash to Erica and Shawn Butler.

On July 2, 2009, Oregon Mineral issued 5,024 shares at $.255 per common
share for cash to Delmar and Sharon Brchtold.

On July 2, 2009, Oregon Mineral issued 3,000 shares at $1.00 per common
share to Brooks Research for services.

These common shares were issued pursuant to an exemption from
registration under Section 4(2) to sophisticated investors.

Item 16. Exhibits

The following exhibits are filed herein except as indicated

Exhibit Description

3 Articles of Incorporation
3.1 Amendment to Articles of Incorporatin
3.2 By-Laws
3.3 Instruments defining common stock
5 Consent and opinion of Jody M. Walker, Attorney At Law
incorporated by reference to Form S-1 filed February 17, 2010
10.1 Purchase agreement dated April 20, 2000 between Oregon
Minerals and Rogue Silicates, Inc.
10.2 Lease agreement with Rogue Silicates, Inc.
10.3 Option to Purchase Mining Claims from Rogue Silicates, Inc.
10.4 Lease agreement with World Organic's, Inc.
10.5 Option to Purchase Mining Claims from World Organic's,
Inc.
10.6 Mining Claim Sale Contract by and between Oregon Mineral
and James Lane, Dorman Cox, Erik Thompson, Lee Meyer,
Bobbie Meyer, Charles Hamilton, Laurel Hamilton and
Raymond Huckaba
10.7 Agreement dated December 20, 2006 between Rogue Silicates
and Oregon Mineral.
10.8 Agreement for the Sale of Goods dated December 23, 2006
between Rogue Silicates and Oregon Mineral.
23 Consent of Certified Public Accountant.

Item 17. Undertakings

(A) The undersigned Registrant hereby undertakes:

(1) To file, during any period in which offers or sales are being
made, a post-effective amendment to this Registration Statement:

(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act of 1933;

(ii) To reflect in the prospectus any facts or events arising after
the effective date of the Registration Statement (or the most recent
post-effective amendment of the Registration Statement) which,
individually or in the aggregate, represent a fundamental change in the
information set forth in the Registration Statement. Notwithstanding
the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of
prospectus filed with the Commission pursuant to Rule 424(b) if, in the
aggregate, the changes in volume and price represent no more than
20 percent change in the maximum aggregate offering price set forth in
the "Calculation of Registration Fee" table in the effective
registration statement; and

(iii) To include any material information with respect to the plan
of distribution not previously disclosed in the Registration Statement
or any material change to such information in the Registration
Statement.

(2) That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be
deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.

(3) To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at
the termination of the offering.

(4) For the purpose of determining liability under the Securities Act
of 1933 to any purchaser, if the registrant is subject to Rule 430C,
each prospectus filed pursuant to Rule 424(b) as part of a registration
statement relating to an offering, other than registration statements
relying on Rule 430B or other than prospectuses filed in reliance on
Rule 430A, shall be deemed to be part of and included in the
registration statement as of the date it is first used after
effectiveness. Provided, however, that no statement made in a
registration statement or prospectus that is part of the registration
statement or made in a document incorporated or deemed incorporated by
reference into the registration statement or prospectus that is part of
the registration statement will, as to the purchaser with a time of
contract of sale prior to such first use, supersede or modify any
statement that was made in the registration statement or prospectus
that was part of the registration statement or made in any such
document immediately prior to such date of first use.

(B) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and
controlling persons of the Registrant pursuant to the provisions
described under Item 14 above or otherwise, the Registrant has been
advised that in the opinion of the Securities and Exchange Commission

such indemnification is against public policy as expressed in the Act
and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or
controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered,
the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by
it is against public policy as expressed in the Act and will be
governed by the final adjudication of such issue.

SIGNATURES

In accordance with the requirements of the Securities Act of 1933,
Oregon Minerals, Inc. certifies that it has reasonable grounds to
believe that it meets all of the requirements of filing on Form S-1 and
authorized this registration statement to be signed on its behalf by
the undersigned, in the City of Grants Pass, State of Oregon on the
13th day of August, 2010.

Oregon Mineral Technologies, Inc.

/s/Charles D. Hamilton
- ------------------------------
By: Charles D. Hamilton, President

In accordance with the requirements of the Securities Act of 1933, the
following persons in the capacities and on the dates stated signed this
registration statement.

Oregon Mineral Technologies, Inc.
(Registrant)

By: /s/Charles D. Hamilton Dated: August 13, 2010
-----------------------
Charles D. Hamilton
Director, Chief Executive Officer
Chief Financial Officer, Controller