Indigo Exploration Inc. Arranges Equity Financing and Appoints New Director & Vice President Exploration

Indigo Exploration Inc. (TSX VENTURE:IXI)(FRANKFURT:INE) has arranged a
non-brokered private placement of 10,000,000 units priced at $0.05 per unit for
total gross proceeds of $500,000. Each unit will be comprised of one common
share and one warrant, with each warrant exercisable to acquire one additional
common share for a period of one year, at an exercise price of $0.12 per share.
The private placement will be subject to TSX Venture Exchange approval. 


Proceeds of the private placement will be used for continuing to advance the
Company's mineral exploration properties in Burkina Faso, for acquisition
payments, and for general working capital. 


The Company also announces that Dr. Thomas Henricksen has been appointed Vice
President Exploration and director of the Company. Dr. Henricksen has a PhD in
Economic Geology from Oregon State. Dr. Henricksen has extensive experience in
gold and silver exploration, previously heading up the discovery and
acquisitions of the Ollachea gold deposit (now IRL) and the Corani polymetallic
silver deposit (now Bear Creek Mining Company) in Peru as a Consulting Geologist
with Rio Tinto. He also served as the Chief Geologist at Norsemont Mining Inc.,
where he was involved with the acquisition and early exploration of the
Constancia copper project that was recently sold to Hudson Bay Mining. Dr.
Henricksen co-founded AQM Copper Inc. and served as the Chief Geologist where he
recommended for acquisition and oversaw the early exploration program of the
Zafranal porphyry copper project in Peru. 


Dr. Henricksen states, "I am excited to join the Company as I believe it is
poised to make the next major discovery in Burkina Faso. We have major land
positions with significant undrilled soil/rock anomalies in the productive Early
Proterozoic Birimian greenstone terrains."


On Behalf of the Board of Directors,

Paul Cowley, Interim CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Indigo Exploration Inc.
Paul Cowley
[phone]


Indigo Exploration Inc.
Keir Reynolds
[phone]
www.indigoexploration.com