Baja Mining (TSX:BAJ,OTCQX:BAJFF) announced a draw of $100 million by its Mexican subsidiary.

As quoted in the press release:

The funds will be used to continue construction and development of the Boleo copper-cobalt-zinc manganese project located near Santa Rosalia, Baja California Sur, Mexico.

Click here for the Baja Mining (TSX:BAJ) press release.