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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 Sep 12, 2023 9:34am
76 Views
Post# 35631147

Indigo Completes Sampling on Leduc-Legal Lithium Brine Proje

Indigo Completes Sampling on Leduc-Legal Lithium Brine Proje

 

Indigo Completes Sampling on Leduc-Legal Lithium Brine Project

 

2023-09-12 03:16 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - September 12, 2023) - Indigo Exploration Inc. (TSXV: IXI) (OTCQB: IXIXF) (FSE: INEN) (the "Company") is pleased to provide an update to the ongoing lithium brine sampling program in Alberta, Canada. Field crews gathered brine samples from 9 wells at the Leduc-Legal Project.
All samples have been sent to AGAT Laboratories for chemical assay analysis with results anticipated within two to three weeks.
The Company's ongoing lithium brine sampling program across its portfolio of projects continues to advance weekly and is anticipated to be completed in the next three weeks.

About the Leduc-Legal Lithium Brine Project

The Leduc-Legal Project covers an area of 23,488 hectares and is comprised of the Leduc (5,440 hectares) and Legal (17,935 hectares) areas. These areas are targeting the same Devonian-aged Nisku and Leduc Carbonates which are the focus of E3 Lithium's ongoing pilot program. Indigo's Leduc Project permits are contiguous to E3 Lithium and Highwood Asset Management projects.

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-Legal (23,488 hectares) and Peace River (10,048 hectares) which are located within the heart of lithium exploration and development in Western Canada.

On Behalf of the Board of Directors,

"Paul Cowley",
President and CEO

For further information, please contact: Paul Cowley: (604) 340-7711 Website: www.indigoexploration.com

Bradley Parkes, P.Geo., VP Exploration and Director of Indigo Exploration Inc., is the Qualified Person as defined in National Instrument 43-101, who has read and approved the technical content of this news release.

This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as "may", "will", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

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