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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 Jul 21, 2023 11:00am
46 Views
Post# 35551477

Indigo Exploration gathers samples at Fox Creek West

Indigo Exploration gathers samples at Fox Creek West

 

Indigo Exploration gathers samples at Fox Creek West

2023-07-18 11:58 ET - News Release

 

Mr. Paul Cowley reports

INDIGO COMMENCES SAMPLING ON FOX CREEK WEST AND PROVIDES EXPLORATION UPDATE

Indigo Exploration Inc. has provided an update to the continuing lithium brine sampling program in Alberta, Canada. Last week a field crew gathered brine samples from three more wells; one at the Fox Creek East project and two on the Fox Creek West project. All samples are at Agat Laboratories for chemical assay analysis with results anticipated within two to three weeks.

"Our lithium brine sampling program continues to advance and is anticipated to be completed in the next six weeks. Assay results from the initial batch of samples submitted are anticipated in the coming one to two weeks. To recall, this sampling program was to provide a large volume of representative samples for both the upcoming resource estimate and planned extraction testing," commented Paul Cowley, president and chief executive officer of Indigo Exploration.

About the Fox Creek lithium brine projects

The Fox Creek projects are located adjacent to active exploration and development work being undertaken by Lithium Bank, namely its Boardwalk and Park Place projects. The Fox Creek projects cover an area of 114,522 hectares and comprise the Fox Creek East (45,568 hectares), Fox Creek West (59,738 hectares) and Fox Creek Central (9,216 hectares) areas. The first-pass exploration and sampling program will target five to 10 wells in each of the Fox Creek East and Fox Creek West areas. These areas are targeting the Devonian-aged reefs, including the Swan Hills formation of the Beaverhill Lake group, which has the highest consistent lithium concentrations according to sampling data from the Alberta Geological Survey.

About Indigo Exploration Inc.

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 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.

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