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 [...]
Indigo Exploration Inc. announces that it has commenced an aircore drilling program over the multiple 1-2-kilometre-long gold trends that were identified from its auger drilling program over the artisanal workings/gold targets on the Djimbala Permit in southern Mali, West Africa. The Djimbala Permit is situated in the Yanfolila Gold Belt and lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold [...]
Indigo Exploration Inc. reports that pursuant to the its option agreement with Desert Gold Ventures Inc. on the Djimbala Gold Project in Mali, it has issued 890,802 common shares to Desert Gold, equivalent to $75,000 at a deemed price equal to the volume weighted average share price for the 10-day trading period prior to May 28, 2021. The securities are subject to a four month hold until September 29, 2021. The Company is [...]
Indigo Exploration Inc. is pleased to report that pursuant to the Company's early warrant exercise incentive program as announced on March 24, 2021 and March 26, 2021, certain warrant holders have exercised a total of 5,058,333 warrants for total gross proceeds to the Company of $505,833.30. The Company issued 5,058,333 shares upon exercise of the warrants and 5,058,333 incentive warrants. Each incentive warrant entitles [...]
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