Indigo Exploration Completes Drilling on Multiple 1km Long Gold Trends on Djimbala, Mali
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") 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 Nounssamna...
2021-08-10 9:15 AM EDT
Indigo Exploration Commences Drilling on Multiple 1-2km Long Gold Trends on Djimbala, Mali
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") 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 mine1, 21 kilometres north,...
2021-07-29 9:15 AM EDT
Indigo Exploration Makes Option Payment on Djimbala Gold Project in Mali
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2021) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") reports that pursuant to the its option agreement with Desert Gold Ventures Inc. ("Desert Gold") 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 ("VWAP") for the 10-day trading period prior to May 28, 2021. The securities are subject to a...
2021-05-31 2:59 PM EDT
Indigo Exploration Completes Early Warrant Exercise Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2021) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") is pleased to report that pursuant to the Company's early warrant exercise incentive program (the "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...
2021-05-13 2:07 PM EDT
Indigo Exploration Announces Approval of Early Warrant Exercise Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - March 26, 2021) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") is pleased to announce that the Company has received conditional acceptance from the TSX Venture Exchange (the "Exchange") for the implementation of its early warrant exercise incentive program (the "Incentive Program") intended to encourage the early exercise of up to 15,000,000 outstanding whole common share purchase warrants (the "Eligible Warrants") of the Company held by existing warrantholders. The Incentive Program was previously...
2021-03-26 3:55 PM EDT
Indigo Exploration Announces Early Warrant Exercise Incentive Program
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2021) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") is pleased to announce that the Company will make an application to the TSX Venture Exchange (the "Exchange") for approval of the implementation of a proposed early warrant exercise incentive program (the "Incentive Program") intended to encourage the early exercise of up to 15,000,000 outstanding whole common share purchase warrants (the "Eligible Warrants") of the Company held by warrant-holders. The Incentive Program...
2021-03-24 2:06 PM EDT
Indigo Exploration Defines a Cluster of Multiple 1-2km Long Gold Trends on Djimbala, Mali, West Africa
Vancouver, British Columbia--(Newsfile Corp. - March 8, 2021) - Indigo Exploration Inc. (TSXV: IXI), (FSE: INEN) (the "Company") announces that multiple 1-2 kilometre long gold trends have been identified from its auger drilling program over the artisanal workings/gold targets on the Djimbala Permit in southern Mali. The Djimbala Permit is situated in the Yanfolila Gold Belt and lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold mine1, 21 kilometres north, along strike, of the Kodieran gold Mine...
2021-03-08 10:09 AM EST
Indigo Exploration Completes Auger Drilling Program on Djimbala, Mali, West Africa
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2021) - Indigo Exploration Inc. (the "Company") (TSXV: IXI) (FSE: INE) announces that the auger drilling program over the Djelinfing and Forela artisanal workings/gold targets on the Djimbala Permit in southern Mali has been completed with samples now in the lab for assays. Results will be reported when available. The Djimbala Permit is situated in the Yanfolila Gold Belt and is surrounded by a significant number of gold deposits, mines and prospecting permits....
2021-02-05 9:30 AM EST
Indigo Exploration Provides Updates on New Gold Trend on Lati Permit, Burkina Faso, and on Djimbala, Mali, West Africa
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2021) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces results from a second campaign of soil sampling focused over the new gold trend identified and announced September 17, 2020 on its Lati 2 Permit. The Lati 2 permit is located in central Burkina Faso, 150 kilometres west of the country's capital.The Lati 2 Permit has very extensive artisanal dry pan workings covering a collective area of 3 square kilometres. Efforts...
2021-01-21 9:30 AM EST
Indigo Exploration Commences Field Work on Djimbala, Mali
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that crews are now in the field at the Djimbala Permit located in southern Mali, West Africa, 220 kilometres south of the capital of Bamako. The phase 1 program will consist of 623 auger drill holes focused on the two highest priority targets, Djilefing and Forela, with the aim to prioritize targets prior to a phase 2 air core (AC)...
2020-12-15 9:30 AM EST
Indigo Exploration Recommences Exploration on New Gold Trend on Lati Permit, Burkina Faso, West Africa
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that field work has recommenced on its Lati 2 Permit. Work will be focused on defining justifiable drill targets. The Lati 2 permit is located in central Burkina Faso, 150 kilometres west of the country's capital, Ougadougou, and approximately 40 kilometres north and along the strike of the Boroma Fault zone that hosts the high-grade Poura deposit.The form of continuous soil-channel samples...
2020-11-12 12:04 PM EST
Indigo Exploration Identifies New Gold Trend on Lati Permit, Burkina Faso, West Africa
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") announces results from a sampling program conducted in June that defines a new gold trend on the Lati 2 Permit. The Lati 2 permit is located in central Burkina Faso, 150 kilometres west of the country's capital.The Lati 2 permit has very extensive artisanal dry pan workings covering a collective area of 3 square kilometres in 6 separate clusters. Each...
2020-09-17 9:00 AM EDT
Indigo Exploration Inc. Issues Shares for Debt
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that further to the news release of April 13, 2020, it has settled debt totaling $259,166.67 by the issuance of 3,000,000 shares (the "Settlement Shares") at a deemed price of $0.05 per share ($150,000) and 2,183,333 units at a deemed price of $0.05 per unit ($109,166.65). Each unit is comprised of one common share (the "Unit Shares") and one share...
2020-06-01 8:05 PM EDT
Indigo Exploration Closes Djimbala Property Transaction, Mali
Vancouver, British Columbia--(Newsfile Corp. - June 1, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has finalized the Option Agreement with Desert Gold Ventures Inc. ("Desert Gold") and its local Mali subsidiary, Desert Gold Mali SARL ("DGM"), to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa.The Djimbala Permit lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold mine1, 21 kilometres north, along strike, of the...
2020-06-01 9:00 AM EDT
Indigo Exploration Inc. Announces Closing of Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") is pleased to announce that it has closed the non-brokered private placement announced by the Company on April 13, 2020 and May 8, 2020. The Company has issued 15,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $750,000. Each Unit is comprised of one common share and one share purchase warrant. Each warrant...
2020-05-19 9:00 AM EDT
Indigo Exploration Inc. Announces Increase of Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the "Company") announces that it has increased its previously announced private placement (the "Private Placement") (see news release dated April 13, 2020) from 10,000,000 units of the Company ("Units") to 15,000,000 Units at a price of $0.05 per Unit for gross proceeds of up to $750,000.All other terms and conditions of the Private Placement, as previously announced, will remain the same and the Private...
2020-05-08 4:15 PM EDT
Indigo Exploration Announces Date for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that the consolidation of the Company's issued and outstanding common shares on the basis of six (6) pre-consolidation shares for every one (1) post-consolidation share (the "Consolidation") will occur on May 5, 2020 (the "Effective Date").As of the date of this news release, the Company has 92,019,316 common shares issued and outstanding. Upon completion of the Consolidation, it is expected...
2020-04-30 1:02 PM EDT
Indigo Exploration Announces Mali Property Acquisition, Corporate Restructuring including Share Consolidation, Debt Settlement and a Financing
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has signed an option agreement, as described in more detail below, with Desert Gold Ventures Inc. ("Desert Gold") and its local Mali subsidiary, Desert Gold Mali SARL ("DGM"), to acquire up to a 100% interest in the Djimbala Permit in southern Mali, West Africa. The Djimbala Permit lies immediately east of Hummingbird Resources' 0.7 million oz Au Komana gold mine1, 21...
2020-04-13 8:00 AM EDT
Indigo Exploration Regains Permit in Burkina Faso and Identifies Exploration Target
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has regained the Lati permit under a new name Lati 2 in Burkina Faso, West Africa. The 180.5 square kilometre permit lies in central Burkina Faso about 150 km west by road from the capital of Ouagadougou. In 2012, the Company conducted a reverse circulation drill program which identified a 2.5 kilometre long trend of wide (100m), low-grade gold mineralization.The permit...
2020-02-25 12:48 PM EST
Indigo Exploration Announces Shareholder Loans Advanced to Provide Short Term Funding for Working Capital and Administrative Expenses
Vancouver, British Columbia--(Newsfile Corp. - July 11, 2019) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) (the "Company") announces that it has entered into shareholder loan arrangements with certain shareholders of the Company to borrow a total of $100,000. The loans are not convertible into or repayable in equity or voting securities of the Company, and no bonus shares or bonus warrants will be issued in connection with the loans.The funds will used to provide the Company with general...
2019-07-11 10:25 AM EDT