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Indigo Exploration Defines a Cluster of Multiple 1-2km Long Gold Trends on Djimbala, Mali, West Africa

Exploration Programs

News Release

Indigo Exploration Defines a Cluster of Multiple 1-2km Long Gold Trends on Djimbala, Mali,

West Africa

March 8, 2021 - Vancouver, British Columbia. Indigo Exploration Inc. (the “Company”) (TSX-V:

IXI, FSE: INE ) announces that multiple 1-2 kilometre long gold trends have been identified from its

auger drilling program over the artisanal workings/gold targets on the Djimbala Permit in southern Mali.

The Djimbala Permit is situated in the Yanfolila Gold Belt and lies immediately east of Hummingbird

Resources’ 0.7 million oz Au Komana gold mine 1, 21 kilometres north, along strike, of the Kodieran

gold Mine and 28 kilometres north, along strike, from Endeavour’s high grade 3.3 million oz Au Kalana

project2 (see Figure 1 below).

Results from t he 602 vertical auger holes completed on Djimbala with an average depth of 7.8m and

spaced 25m apart along 10 transect lines, together with rock and soil sample results previously reported

have defined at least 5 clear trends, each 1-2km long that are coincident with artisanal workings and

shown on Figure 2 below. Brief descriptions of each are highlighted in bullets. These trends are between

50-460m wide. There are an additional three, 0.5 km long gold trends. The clustering of these trends ,

within a 2km by 2km area, provides an attractive exploration opportunity. Because the auger sampling

penetrated into saprolite, the basal laterite and saprolite anomalies are probably on or proximal to a gold-

bearing source.

• The westernmo st trend (Forela Trend) approximately 300m wide shown on Figure 2 below

contains auger values to 523 ppb Au (0.52g/t), several rock samples over 1 g/t Au and projects

north to drill intercepts of 4.75 g/t Au over 6m, 3.13 g/t Au over 6m and 4.79 g/t Au over 3m .

During the recent site visit by Tom Henricksen, the Company’s VP Exploration, he witnessed a

new, 250 metre by 50 metre area of active, systematic, surface, laterite bench mining and gravity

gold extraction, by artisanal workers, that lies on this westernmost trend.

• The second trend approximately 150m wide has auger values to 331 ppb Au and rocks samples

of 1.5 and 10 g/t Au.

• The third trend approximately 50m wide contains a soil value of 600 ppb Au and rock samples

of 1.5 and 5.9 g/t Au.

• The fourth, and largest trend approximately 460m wide has auger values to 3,316 ppb (3.3g/t) ,

rock samples of 2.51 and 2.38 g/t Au and soil samples of 220-560 ppb Au and projects northeast

to a drill intercept of 4.79 g/t Au over 3m.

• The fifth trend approximately 230m wide contains soil samples between 360 and 500 ppb Au.

• Two of the smaller trends, each approximately 90m wide, have an auger value of 413 ppb and a

soil sample of 22,600 ppb Au (22.6 g/t).

The collective results demonstrate clear multiple high priority drill targets that the Company plans to test

with at least 3,500m of air core drilling this season.

Figure 1 – Djimbala Property Location and Nearby Mines

Figure 2 – Djimbala Property Auger-Rock-Soil Anomalies, Workings and Interpreted Gold Trends

The auger drilling program has been supervised by Mr. Tom Henricksen, PhD., VP Exploration an d

director for the Company and Qual ified Person for the program. The auger drilling program was

conducted by an independent drill contractor Sahara, from Bamako. Industry standard quality control

and quality assurance protocols were followed in handling, sampling and shipping the samples. Gold

standards were inserted into the sample sets. Samples were delivered to the SGS laboratory in Bamako

where gold content was determined by bulk leach.

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.

1. Hummingbird Komana gold resource; 0.7 millio n oz Au probable reserves category (2015)

https://hummingbirdresources.co.uk/operations -projects/mali/

2. Endeavour Kalana gold resource; 3.3 million oz Au measured & indicated (2020) https://www.endeavourmining.com/our -

portfolio/Kalana -Project/default.aspx