Indigo Exploration Arranges Non-Brokered Private Placement

Indigo Exploration Inc. (TSX VENTURE:IXI) reports that it has arranged a private
placement financing of up to 2,000,000 units at a price of $0.20 per unit, for
gross proceeds of up to $400,000 (the "Offering"), subject to TSX Venture
Exchange approval. Each unit will consist of one common share of Indigo and one
share purchase warrant entitling the holder to purchase one additional common
share of Indigo at a price of $0.30 per share, for a period of one year from the
date of closing. If during the exercise period of the Warrants the closing price
of Indigo's shares is $0.45 per share or higher for 20 consecutive trading days,
the Company may accelerate the expiry time of the Warrants to 20 calendar days
from the date written notice of same is provided to the holders.


Finders' fees may be payable in connection with the Offering.

The proceeds of the Offering will be used to conduct exploration activities on
Indigo's properties in Burkina Faso and for working capital.


On Behalf of the Board of Directors,

R.Tim Henneberry, P.Geo., President and CEO

Forward-Looking Statements

This press release contains forward-looking statements. All statements, other
than statements of historical fact, constitute "forward-looking statements" and
include any information that addresses activities, events or developments that
Indigo believes, expects or anticipates will or may occur in the future
including Indigo's strategy, plans or future financial or operating performance
and other statements that express management's expectations or estimates of
future performance.


Forward-looking statements are generally identifiable by the use of the words
"may", "will", "should", "continue", "expect", "anticipate", "estimate",
"believe", "intend", "plan" or "project" or the negative of these words or other
variations on these words or comparable terminology. All such forward-looking
information and statements are based on certain assumptions and analyses made by
Indigo's management in light of their experience and perception of historical
trends, current conditions and expected future developments, as well as other
factors management believes are appropriate in the circumstances. These
statements, however, are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity, performance
or achievements of Indigo to be materially different from those expressed,
implied by or projected in the forward-looking information or statements.
Important factors that could cause actual results to differ from these
forward-looking statements include but are not limited to: inability to enter
into a final binding agreement with respect to Sanu Burkina, risks related to
the exploration and potential development of Indigo's projects, risks related to
international operations, the conclusions of economic evaluations, changes in
project parameters as plans continue to be refined, future prices of gold, as
well as risk factors discussed in certain of Indigo's continuous disclosure
documents filed on SEDAR.


There can be no assurance that any forward-looking statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader should not place any
undue reliance on forward-looking information or statements. Except as required
by law, Indigo does not intend to revise or update these forward-looking
statements after the date of this document or to revise them to reflect the
occurrence of future unanticipated events.