Indigo Exploration Inc. (TSX VENTURE:IXI)(FRANKFURT:INE) provides the following
update on its planned Q4 gold exploration programs in Burkina Faso, West Africa.



Key points are:



--  Indigo is in the final stages of securing three drill contracts for an
    aggregate of 45,000 metres. 
--  Reverse circulation drilling is expected to commence in early November
    with a second rig scheduled to arrive on site later in November. 
--  This will allow Indigo to aggressively explore both the Moule and Lati
    gold permits simultaneously. 
--  Field crews will mobilize to Moule to test the 9 kilometre long by 500
    to 1500 metre wide airborne radiometric anomaly suggestive of strong
    hydrothermal alteration as soon as weather conditions permit. 
--  Assay results from the July 2011 Moule diamond drilling program remain
    pending. 



Indigo has one 15,000 metre drill contact in place for early 2012 and has just
signed a second 15,000 metre contract commencing in early November. Indigo is in
the final stages of closing a third 15,000 metre contract to commence later in
November.


Follow up drilling at Moule will focus on Vein 3, Vein 2 and Zelingpe 1. Initial
Vein 3 drilling highlights include: 29.67 gpt Au over 7 metres and 10.86 gpt Au
over 3 metres. Initial Zelingpe 1 drilling highlights include 1.12 gpt Au over
28 metres.


Initial drilling on Lati will focus on the two new soil anomalies discovered on
Prospect 1. These anomalies are 4.75km long by 100-750m wide and 1.5km long by
250-350m wide respectively, with values generally between 25 and 5,000 ppb Au.
The soil anomalies coincide with portions of the two known artisanal sites and a
newly developing site lying on strike between the two known sites. 


Indigo's President, Tim Henneberry, said: "Q4 2011 and Q1 and Q2 2012 will be
instrumental in the growth of Indigo. Forty-five thousand metres of drilling
over the 2011-2012 African field season will provide Indigo with a steady stream
of assay and geological information well into 2012." 


About Burkina Faso

The Kodyel, Loto and Moule properties lie in the West African nation of Burkina
Faso. Much of West Africa is underlain by the Birimian Greenstone Belt, one of
the most prolific gold producing areas in the world. Many of the world's major
gold companies are active in West Africa, several with producing mines,
including: IAMGOLD Corporation, AngloGold Ashanti Limited, Randgold Resources
Limited, Gold Fields Limited and Newmont Mining Corporation. Burkina Faso is
politically and economically stable and relies on farming and mining as it
primary sources of revenue. Burkina Faso saw gold production double from 2008 to
2010 and is currently the 5th largest gold producing country in Africa.


On Behalf of the Board of Directors,

R.Tim Henneberry, P.Geo., President and CEO

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


Forward-Looking Statements

This press release contains forward-looking statements. All statements, other
than statements of historical fact, constitute "forward-looking statements" and
include any information that addresses activities, events or developments that
the Company believes, expects or anticipates will or may occur in the future
including the Company's strategy, exploration plans or future financial or
operating performance and other statements that express management's
expectations or estimates of future performance.


Forward-looking statements are generally identifiable by the use of the words
"may", "will", "should", "continue", "expect", "anticipate", "estimate",
"believe", "intend", "plan" or "project" or the negative of these words or other
variations on these words or comparable terminology. All such forward-looking
information and statements are based on certain assumptions and analyses made by
the Company's management in light of their experience and perception of
historical trends, current conditions and expected future developments, as well
as other factors management believes are appropriate in the circumstances. These
statements, however, are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity, performance
or achievements of the Company to be materially different from those expressed,
implied by or projected in the forward-looking information or statements.
Important factors that could cause actual results to differ from these
forward-looking statements include but are not limited to: risks related to the
exploration and potential development of the Company's projects, risks related
to international operations, the actual results of current exploration
activities, conclusions of economic evaluations, changes in project parameters
as plans continue to be refined, future prices of gold, as well as those factors
discussed in the sections relating to risk factors of the Company set out in the
Company's MD&A filed on SEDAR.


There can be no assurance that any forward-looking statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader should not place any
undue reliance on forward-looking information or statements. Except as required
by law, the Company does not intend to revise or update these forward-looking
statements after the date of this document or to revise them to reflect the
occurrence of future unanticipated events.
Indigo Explorations (TSXV:IXI)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Indigo Explorations Charts.
Indigo Explorations (TSXV:IXI)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Indigo Explorations Charts.