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Indigo Exploration Inc V.IXI

Alternate Symbol(s):  IXIXF

Indigo Exploration Inc. is a Canada-based junior exploration company focused on evaluating and developing a potentially large lithium resource in a Tier 1 jurisdiction. The Company’s projects include Lithium Brine and Hantoukoura. It has 18 metallic and industrial minerals permits in Fox Creek, Laduc and Grande Prairie areas of Alberta, Canada. The permits cover total 147,904 hectares or 147.9 square kilometers (km2) in these three key areas between Grand Prairie and Edmonton. The Fox Creek Projects cover an area of 114,522 hectares and is comprised of the Fox Creek East (45,568 hectares), Fox Creek West (59,738 hectares) and Fox Creek Central (9,216 hectares) areas. The Hantoukoura Gold Permit covers approximately 238 square kilometers and lies close to the Niger border approximately 300 kilometers east of Ouagadougou. Hantoukoura covers part of the Fada N'Gourma greenstone belt, a belt that is traversed by a regional northeast-trending fault that stretches from Ghana to Niger.


TSXV:IXI - Post by User

Post by GreatTSpeculateon Jun 20, 2023 12:43pm
62 Views
Post# 35505518

Indigo Exploration taps Sunresin for DLE recovery tests

Indigo Exploration taps Sunresin for DLE recovery tests

 

Indigo Exploration taps Sunresin for DLE recovery tests

2023-06-20 05:48 ET - News Release

Mr. Paul Cowley reports

INDIGO ENGAGES INDUSTRY-LEADING DLE PROVIDER FOR INITIAL LITHIUM BRINE RECOVERY TESTS

Indigo Exploration Inc. has selected Sunresin New Materials to conduct initial direct lithium extraction (DLE) 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 (collectively the "Fox Creek Project"), and shipped to Sunresin's facilities located in Xi'an, China, for recovery tests under the supervision of Company representatives. Sunresin offers a proprietary, end-to-end solution for the processing of brine to finished products (lithium carbonate [Li2CO3] and lithium hydroxide [LiOH]) with over a decade of experience and successfully executed nine commercial DLE contracts representing over 73,000 tonnes of lithium carbonate equivalent. Due to unforeseen scheduling conflicts with the various contractors, the Fox Creek sampling program is now scheduled to commence June 26.

"With significant investments made into the field of direct lithium extraction combined with the plethora of available off-the-shelf solutions in the marketplace, we are focusing our efforts on exploration and development without the added distraction of trying to reinvent a proprietary DLE solution," commented Paul Cowley, CEO and Director of Indigo Exploration. "Our in-house metallurgical advisory board has identified Sunresin as one of the leading end-to-end EPC (engineering, procurement and construction) providers in the market. In order to deliver the most representative results from their DLE process and expedite the advancement of our project timelines, we will be using a sizable 300 litre sample of brine collected from the Fox Creek Project as opposed to a synthetic sample of a much smaller quantity. Our team believes this will provide us with the best quality, real-world data on the process and recovery characteristics."

About Indigo's Metallurgical Advisory Board

Indigo Exploration is working with Dr.'s Gary Kordosky and David Dreisinger as Advisors to advance the testing and development of Direct Lithium Extraction (DLE) for its Alberta lithium brines. Dr. Kordosky worked throughout his career on solvent extraction technologies with Henkel, Cognis, and BASF corporation. He began to investigate lithium solvent extraction over 20 years ago and brings a deep experience in solvent extraction chemistry and industrial process design to help Indigo. Dr. Dreisinger is a Professor and Chair of Hydrometallurgy at the University of British Columbia with general background in metal separation and recovery using ion exchange, solvent extraction, adsorption and membranes. Together with his students and industrial partners, he has researched various DLE technologies for more concentrated brine solutions such as those found in the salars of the South American lithium triangle.

About Indigo Exploration

Indigo Exploration is an emerging petro-lithium brine explorer with 147,904 hectares of Metallic and Industrial Minerals permits in Central Alberta, Canada. The Company's three primary lithium projects are the Fox Creek (114,522 hectares), Leduc (23,488 hectares) and Peace River (10,048 hectares) which are located within the heart of lithium exploration and development in Western Canada. The Company also owns the Hantoukoura Gold Permit in Burkina Faso which covers 23,800 hectares within the prospective Fada N'Gourma greenstone belt.

Dr. David Dreisinger, PEng., and Metallurgical Advisor to Indigo Exploration Inc., is the Qualified Person as defined inNational Instrument 43-101, who has read and approved the technical content of this news release.

We seek Safe Harbor.

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