Condor Blanco proceeds with funding for coking coal project purchase

Australia-based miner Condor Blanco Mines Limited has announced that it is proceeding with the €10 million funding for its Marianas iron ore mining project in Chile and the proposed acquisition of the Duel hard coking coal project in the province of Limpopo in South Africa.
 
The acquisition of Duel coking coal project is subject to a 60-day technical due diligence and the subsequent shareholder approval. Condor expects to complete the drilling and resource definition program in the project in November 2014.