Indigo Exploration Inc. Stock Analysis IXI.V

Indigo Exploration Inc. is a junior natural resource company, which engages in the acquisition, exploration, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2009-12-24. Its focus is on lithium brines in Alberta, Canada. The company holds Metallic and Industrial Minerals permits in central Alberta, Canada, totaling 147,904 hectares covering the lithium-bearing formation brine. The company has been granted 18 metallic and industrial minerals permits in the Fox Creek, Laduc and Grande Prairie areas of Alberta, Canada. The company holds a 100% interest in the Hantoukoura permit that covers 238 square kilometers and lies close to the Niger border approximately 300km east of Ouagadougou. The Hantoukoura permit covers an extension of the Fada N’Gourma greenstone belt that continues into Niger. The company also owns a 100% interest in the Hot Property (the Property), a highly prospective uranium project located in the past producing the Shirley Basin of Wyoming, comprised of 71 unpatented mineral claims covering a 5.75 km2 area.