Sept 12 (Reuters) - Tango Mining Ltd TGV.V :
* TANGO ANNOUNCES US$500,000 PROJECT DEVELOPMENT LOAN FACILITY SIGNED WITH CC MINING LIMITED
* TANGO MINING LTD - ENTERED INTO PHASE 1 CORPORATE LOAN AGREEMENT WHEREBY CCML WILL PROVIDE A US DOLLAR TERM LOAN FACILITY FOR UP TO US$250,000
* TANGO MINING - AGREED TO FORM A JOINT VENTURE WITH CCML, IF CCML EXERCISES RIGHT TO PARTICIPATE IN PHASE 2 DEVELOPMENT PLAN OF MOQUITA PROJECT
* TANGO MINING - IF JOINT VENTURE IS CREATED, CCML WILL PROVIDE LOAN FACILITY TO CARRY OUT PHASE 2 CAPITAL AND DEVELOPMENT REQUIREMENTS