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Indigo Exploration Completes Auger Drilling Program on Djimbala, Mali, West Africa

Exploration Programs

News Release

Indigo Exploration Completes Auger Drilling Program on Djimbala, Mali, West Africa

February 5, 2021 - Vancouver, British Columbia . Indigo Exploration Inc. (the “Company”)

(TSX-V: 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.

The 602 vertical auger holes completed with an average depth of 7.8 meters and spaced 25 metres

apart along 10 transect lines will provide a 2.0 kilometre strikelength by 2.5 kilometre wide test of

the Djelinfing and Forela gold targets with the aim to prioritize subsequent aircore fence drilling this

year.

In addition, the Company reports that its VP Explorat ion, Tom Henricksen made a recent site visit

to the Djimbala permit and Djelinfing and Forela artisanal workings during the auger drilling

program. Tom observed an active systematic surface mining operation on the Djelinfing trend by

artisanal workers extracting a 2-metre bench of laterite over a 250 metre by 50 metre area , to-date,

that is being processed by gravity method and extracting particulate gold.

The Djelinfing target covers an area 2.5 kilometres by 2 kilometres of artisanal working that appear

to express at least 3 north-south to northeast oriented trends of mineralization. Some 300m north of

the permit, historic drilling intercepted 2.59 g/t Au over 6m which appears to strike towards the

Djelinfing area. The 1.5 kilometre long north-trending Forela target area aligns with historic drilling

300m north of the Djimbala Permit where they returned drill intercepts of 4.75 g/t Au over 6m, 3.13

g/t Au over 6m and 2.45 g/t Au over 8m.

On Behalf of the Board of Directors,

“Paul Cowley”,

President and CEO

For further information, please contact: Paul Cowley: (604) 340-7711

Website: www.indigoexploration.com

Paul Cowley, P.Geo., President, CEO and Director of Indigo Exploration Inc., is the Qualified Person as defined in

National Instrument 43-101, who has read and approved the technical content of this news release.

Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.