Indigo Exploration Inc. is pleased to provide an update to the ongoing lithium brine sampling program in Alberta, Canada. Since commencing the sampling program , field crews have now gathered brine samples from four wells at the Fox Creek East project . All samples are at AGAT Laboratories for chemical assay analysis with results anticipated within two to three weeks. In addition to samples collected for the upcoming [...]
Indigo Exploration Inc. is pleased to announce that the lithium brine sampling program for the Fox Creek Projects in Alberta, Canada has commenced. Brine samples from multiple wells operated by third-party oil and gas companies will be collected for lithium grade to be used in the upcoming maiden resource estimate. In addition, over 300 litres of lithium-rich brine will be collected for the upcoming process and extraction [...]
Indigo Exploration Inc. is pleased to announce the selection of Sunresin New Materials to conduct initial Direct Lithium Extraction recovery tests for the Company's petro-lithium brines. Approximately 150 litres of brine will be collected from each project area, namely the Fox Creek East and Fox Creek West , and shipped to Sunresin's facilities located in Xi'an, China, for recovery tests under the supervision of Company [...]
Indigo Exploration Inc. is pleased to announce an update to the timing of the exploration plan for its Alberta-based lithium brine projects. While the Fox Creek sampling and assaying program remains the first focus of the multi-phased exploration program, the commencement of sampling has been delayed from late April / early May to mid-June due to the significant wildfires in the region. The wildfires that spread through [...]
Indigo Exploration Inc. is pleased to announce the appointment of Mr. Donald Babiuk, a highly accomplished, Alberta-based senior petroleum engineer to the Company's Board of Advisors. Mr. Babiuk has over 30 years of oil and gas operational experience having worked in all types of reservoirs throughout Western Canada. "The addition of Mr. Babiuk represents another significant addition to our team, adding specific industry [...]
Indigo Exploration Inc. is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . "Having attained DTC eligibility for our shares further increases our reach with potential investors throughout the United States and abroad," commented Paul Cowley, CEO of Indigo Exploration. "Given the global focus on decarbonization [...]
Indigo Exploration Inc. is pleased to report that the Company has received an additional $549,593 in proceeds from the exercise of 5,495,932 warrants at a price of $0.10 per share. This represents the entire balance of the warrants that were issued in conjunction with the May 2020 financing. Combined with the amount that the Company's previous announcement on May 8th, 2023, the Company has netted a total of $1,263,828 [...]
Indigo Exploration Inc. is pleased to report that the Company has, in the last week, received proceeds of $714,235 upon the exercise of 7,147,235 warrants at a price of $0.10 per share, representing approximately 60% of the outstanding number of $0.10 warrants that expire on May 15, 2023. "The early exercise of warrants from existing shareholders represents a strong vote of confidence for the Company's prospects and [...]
Indigo Exploration Inc. is pleased to announce the appointment of D.T. Brian Doherty, an Alberta-based highly accomplished senior petroleum geologist with over 40 years of experience to the Company's Board of Directors. Mr. Doherty has numerous roles over his career ranging from technical to executive and leadership. He is extremely knowledgeable in all aspects of the oil and gas industry including geophysics, reservoir [...]
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 [...]