Indigo Exploration Inc. (TSX VENTURE:IXI)(FRANKFURT:INE) announces that the
Company has received a renewed and revised Kodyel permit covering approximately
80% of the previous permit size. This renewed permit excludes a 5 kilometre wide
strip adjacent to the Niger border that had been part of the original permit.
The terms of the renewed permit provide the Company with a right of first
refusal to add this excluded area to the area covered by the renewed permit,
once the World Court has finalized the border location. The temporary suspension
on the Kodyel permit has been lifted and the Company is planning to commence
grid based soil sampling on the renewed Kodyel permit shortly. 


The soil sampling program on Kodyel will be conducted over approximately 43
square kilometres to cover an area of anomalous stream sediment samples and
radiometric anomalies suggestive of hydrothermal alteration.


The Company would also like to provide an update on the ongoing drilling program
at its Lati gold project in Burkina Faso, West Africa. The 5,800-metre reverse
circulation drilling program commenced on November 27, 2011 and to date, 34
holes totaling 3,939 metres reaching an average depth of 120 metres, have been
completed. The program has been increased to 6,400 metres to include additional
target testing after a recent site visit documented new and expanding artisanal
workings. Assays are pending.


About Kodyel

The 191-square-kilometre revised Kodyel permit lies close to the Niger border,
approximately 300 km east of Ouagadougou. Access is good with paved road as far
as Fada N'gourma about 200 km east of Ouagadougou and then by gravel roads to
the permit. The Kodyel permit covers an extension of the Sirba greenstone belt
that hosts the Samira Hill gold mine just across the border in Niger. Several
artisanal workings occur within the permit, with the most significant being the
Kodyel 1 and CFA workings. The Tangounga workings occur in the 5 kilometre wide
excluded portion of the original 238 square kilometre permit.


The Kodyel 1 and CFA sites were explored by Semafo in the mid-1990s. It drilled
over 493 rotary air blast, 26 reverse circulation and 12 DD holes into the CFA
prospect and outlined a preliminary resource. The best intersection was hole 196
with 43 metres of 4.3 grams per tonne gold. Highlights of grab samples of quartz
from artisanal gold mining sites on veining and alteration within intermediate
tuffs and highly altered, sheared and kaolinized felsic volcanics include seven
gpt Au and nine gpt Au.


About Burkina Faso

The Lati, Kodyel, Loto, and Moule properties lie in the West African nation of
Burkina Faso. Much of West Africa is underlain by the Birimian Greenstone Belt,
one of the most prolific gold producing areas in the world. Many of the world's
major gold companies are active in West Africa, several with producing mines,
including: IAMGOLD Corporation, AngloGold Ashanti Limited, Randgold Resources
Limited, Gold Fields Limited and Newmont Mining Corporation. Burkina Faso is
politically and economically stable and relies on farming and mining as it
primary sources of revenue. Burkina Faso saw gold production double from 2008 to
2010 and is currently the 5th largest gold producing country in Africa.


On Behalf of the Board of Directors,

Paul Cowley, P.Geo., Interim CEO

Paul Cowley, P.Geo., Director of Indigo Exploration Inc., is the Qualified
Person as defined in National Instrument 43-101, who has reviewed and approved
the technical content of this news release.


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
the Company believes, expects or anticipates will or may occur in the future
including the Company's strategy, planned drill program 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
the Company'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 the Company 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: risks related to the
exploration and potential development of the Company's projects, risks related
to international operations, the actual results of current exploration
activities, conclusions of economic evaluations, changes in project parameters
as plans continue to be refined, future prices of gold, as well as those factors
discussed in the sections relating to risk factors of the Company set out in the
Company's MD&A 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, the Company 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.
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