March 22, 2011 – Vancouver, British Columbia. Indigo Exploration Inc. (TSX-V: IXI) reports that it will shortly commence exploration at its 100 percent owned Lati gold permit, Burkina Faso, West Africa. A recent property examination found a doubling of the size of the artisanal workings and number of local miners.
Key points are:
- Artisanal workings have doubled in size from 500 metres by 50 - 200 metres to 1200 metres by 50 - 500 metres.
- Artisanal miners are working over and extracting particulate gold from the top 1 to 3 metres of surface material over the majority of this area
- Historic drilling by the United Nations in the area included an intersection of 2.5 gpt Au over 12 metres.
- Recent Indigo grab sampling within the expanding artisanal site returned values to 11 gpt Au.
The 246 sq. km Lati permit is located in the Boromo greenstone belt, approximately 150 km by road from the capital of Ouagadougou and 45 km north of the Poura Gold Mine. The prospective east side of the Lati permit is underlain by a north-northeast trending 1500 metre wide band of bimodal volcanics surrounded by felsic intrusives. Mineralized quartz veins are common through this area, ranging from thin stockworks to metre-scale structures associated with regional scale shearing and fracturing mainly in mafic volcanic rocks. Several artisanal workings and prospects lie along the sheared contacts between the volcanics and intrusives including the rapidly expanding artisanal site.
This week Indigo’s geological team will commence a detailed sampling grid for soil and quartz float over a 5,000 metre long by 1,500 metre wide area over the prospective contact, in advance of follow up trenching and reverse circulation drilling expected later this spring.
Indigo’s President, Tim Henneberry, said: "The continually expanding artisanal site at Lati warrants a reverse circulation drilling program. Drilling will commence, following the sampling surveys to refine targets. Lati along with Moule and Kodyel, gives Indigo three excellent gold projects with multiple targets in Burkina Faso".
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 its 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”
R.Tim Henneberry, P.Geo.
President and CEO
For further information, please contact:
Tim Henneberry: (604) 681-3422
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.
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Forward-Looking Statements
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