Indigo Exploration Inc. is pleased to announce the engagement of GLJ Ltd. to oversee a sampling and brine testing study of Indigo's Fox Creek West and Fox Creek East Projects, located in west-central Alberta , approximately 250 km northwest of Edmonton. GLJ is one of the premiere global energy consultants with over 50 years of experience in meeting the world's need for responsible, sustainable energy. Their team of [...]
Indigo Exploration Inc. is pleased to announce its exploration plans for its Alberta-based lithium brine projects for 2023. The exploration program which will initially focus on the Fox Creek and Leduc projects, will include well sampling and aquifer modelling, and result in the tabling of two National Instrument NI 43-101 resource estimates by fall and the commencement of a Preliminary Economic Assessment for each [...]
Indigo Exploration Inc. is pleased to announce that its common stock has commenced trading in the United States on the OTCQB® Venture Market, under the trading symbol IXIXF. The Company is also working towards DTCC eligibility to further improve investor access and liquidity and will provide an update in the coming weeks. "Indigo Exploration's expansion into the U.S. securities markets is a milestone that brings our [...]
Indigo Exploration Inc. announces that it has closed a non-brokered private placement of 10,000,000 units at a price of $0.06/Unit to raise gross proceeds of $600,000 . All securities issued under the private placement are subject to a hold period expiring June 28, 2023, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. This news release does not constitute an offer to sell or a [...]
Indigo Exploration Inc. announces that pursuant to its 10% rolling incentive stock option plan it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to acquire an aggregate of 2,800,000 common shares in the capital of the Company at an exercise price of $ 0.0825 for a five year term expiring February 14, 2028. The Options vested on the date of grant and are subject [...]
Indigo Exploration Inc. announces that it proposes to undertake a non-brokered private placement of up to 10,000,000 units at a price of $0.06/Unit to raise total gross proceeds of up to $600,000 . Each Unit will be comprised of one common share and one half warrant. Each whole warrant will entitle the holder thereof to purchase one common share for a period of 2 years at a price of $0.10. The gross proceeds received from [...]
Indigo Exploration Inc. is pleased to announce it has doubled its land position in central Alberta, Canada covering significant subsurface Devonian reef reservoir aquifers with the potential to produce large volumes of lithium-bearing formation brine. The Company's permits recently granted by Alberta Department of Energy now total 147,904 hectares in three key areas of higher lithium brines and adjacent to permits held by [...]
Boards of Directors and Advisors Strengthened Indigo Exploration Inc. is pleased to announce a shift in Company focus to lithium in Alberta, Canada with the direct application and granting of 9 Metallic and Industrial Minerals permits in central Alberta, Canada covering significant subsurface Devonian reef reservoir aquifers with the potential to produce large volumes of lithium-bearing formation brine. The permits [...]
Indigo Exploration Inc. announces results from a third campaign of rock sampling that strengthens the gold trend identified and announced January 21, 2021 on its Lati 2 Permit, in central Burkina Faso. The Lati 2 Permit has very extensive artisanal dry pan workings covering a collective area of 3 square kilometres. Efforts in 2020 narrowed the search and identified a high priority drill target, a northwest-oriented gold [...]
Indigo Exploration Inc. announces results from its 2021 aircore drilling program completed over multiple 1-kilometre-long gold trends that were supported by auger drilling, soil and rock sampling and artisanal workings on the Djimbala Permit in southern Mali, West Africa. Figure 1 shows the property relative to the many gold deposits and mines and the location of the newly discovered spodumene pegmatite exposures reported [...]
Indigo Exploration Inc. announces that lithium mineralization in the form of abundant spodumene crystals has been discovered on the Djimbala Permit in southern Mali, West Africa. Surface exposures of pegmatite with 25-40% coarse-grained spodumene crystals have been located. Spodumene is a lithium-rich mineral that can be converted into battery-grade lithium products. Lithium has become one of the world's most in-demand [...]
Indigo Exploration Inc. announces that it has completed an aircore drilling program over multiple 1-kilometre-long gold trends that are supported by auger drilling, soil and rock sampling and artisanal workings on the Djimbala Permit in southern Mali, West Africa. A 4,584 metre, 99-hole aircore drilling program was just completed in a series of roughly 50m deep angled drill holes crossing the Forela, Djilefing and [...]