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Boards of Directors and Advisors Strengthened Vancouver, British Columbia–(Newsfile Corp. – October 5, 2022) – Indigo Exploration Inc. (TSXV: IXI) (FSE: INEN) (the " Company ") is pleased to announce a shift in Company focus to lithium in Alberta, Canada with the direct application and granting of 9 Metallic and Industrial Minerals permits in central Alberta, Canada covering significant subsurface Devonian reef reservoir aquifers with the potential to produce large volumes of lithium-bearing formation brine. The permits recently granted by Alberta Department of Energy total 78,080 hectares (780.8 km 2 or 192,940 acres) and lie between Grand Prairie and Edmonton. These permits are adjacent to permits held by E3 Lithium Ltd., LithiumBank Resources Corp., and Highwood Asset Management (see Figures 1, 2 and 3). The acquired permits were selected based on their proximity to wells recording lithium brine levels between 72 and 130mg/l from the Leduc Carbonate Reef complex Woodbend Group and the underlying Beaverhill Lake Group rock. The aquifers in these units historically have been known to host the highest grades of lithium-in-brine in Alberta. The Indigo permits are in the Fox Creek, Leduc and Grande Prairie areas. There are over 400 wells that have been drilling on […]
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