IXI Indigo Explorations Inc

Indigo Exploration Inc. (TSX VENTURE:IXI)(FRANKFURT:INE) announces the
appointments of Paul Cowley as interim CEO and Keir Reynolds as interim
president following the resignation of R. Tim Henneberry.


Indigo's R. Tim Henneberry has resigned as president and chief executive officer
of the company, and as a member of the board of directors of Indigo, effective
immediately.


A search committee has been formed by the board to begin the search, selection
and appointment of a new president and CEO. Effective immediately, the board has
appointed Paul Cowley, P.Geo., to serve as Indigo's interim CEO and appointed
Keir Reynolds to serve as interim president. Mr. Cowley is a founding
shareholder and has been a member of the board of directors since the company
went public in 2009. Mr. Reynolds has been a corporate advisor to the company
since 2010 and has overseen the nearly $4.3M in capital raised since mid-2010
for the exploration of the Burkina Faso-based gold projects. Mr. Reynolds was
recently appointed to the board of directors as stated in news release 11-21
dated December 8, 2011. Both Mr. Cowley and Mr. Reynolds will serve their
interim roles until successors are found.


Mr. Cowley is a professional geologist with over 33 years experience in
worldwide exploration for precious and base metals, diamonds, coal and
industrial minerals with junior and senior companies, acting in technical and
managerial positions. During his 18 years at BHP Minerals, he was instrumental
in the discovery and advancement of four major gold deposits in the Canadian
Arctic. Mr. Cowley is currently VP Exploration for Huakan International Mining
Inc. and on the board of directors of several other junior mining companies.


"Mr. Cowley is very familiar with the operations of the company and will play a
major role in the key strategic decisions upcoming that will facilitate the
company's evolution into a successful precious metal explorer," said Keir
Reynolds, Indigo's interim president. Mr. Reynolds added, "We will immediately
begin locating an ideal permanent replacement whom we expect to be efficient and
effective in generating value for stakeholders in the role of president and
CEO."


Mr. Henneberry was a founder of the company and an important contributor to its
initial setup and success in Burkina Faso. The board thanks Mr. Henneberry for
his work with the corporation and wishes him well in his future endeavours.


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

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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