Corporate Presentation December 5, 2019 DISCLAIMER Certain - - PowerPoint PPT Presentation

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Corporate Presentation December 5, 2019 DISCLAIMER Certain - - PowerPoint PPT Presentation

Corporate Presentation December 5, 2019 DISCLAIMER Certain statements in this presentation may constitute forward-looking statements such as estimates and statements that describe Indigo Exploration Inc.s (Indigo) future plans,


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Corporate Presentation – December 5, 2019

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SLIDE 2

DISCLAIMER

www.indigoexploration.com TSX.V : IXI 2 Certain statements in this presentation may constitute “forward-looking statements” such as estimates and statements that describe Indigo Exploration Inc.’s (“Indigo”) future plans, objectives or goals. 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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Indigo to be materially different from future results, performance or achievements expressed or implied by those forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, changes in metal prices or certain other commodities and currencies, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in domestic and foreign areas in which Indigo may

  • perate, and the overall risks involved in the exploration, development and mining business, as well as those factors

discussed in the sections relating to risk factors of Indigo set out in Indigo’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, Indigo does not intend to revise

  • r update these forward-looking statements whether as a result of new information or subsequent events and

developments or otherwise. This presentation is for information purposes only and under no circumstance is to be construed as an offering of securities Indigo. Paul Cowley, P.Geo., a Consultant to Indigo Exploration Inc., is the qualified person responsible for reviewing the technical information in this presentation.

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MISSION STATEMENT

www.indigoexploration.com TSX.V : IXI 3

“To aggressively explore a portfolio of projects assembled by a world-class African-focused geologist with more than 40M ounces of gold discovery under his belt. Indigo will use the best available expertise, technology and capital to provide the best potential for the discovery of Burkina Faso’s next economic gold deposit.”

Indigo Has:

 2 projects on the Birimian Greenstone Belt in Burkina Faso, West Africa  Large land position: 422 km2 in permits  Multiple Multi-km scale drill targets that are drill ready  Active and growing artisanal mining operations on each project  Personnel with outstanding discovery success in the Birimian Belt (+40M oz Au)  Drilling targets that offer multi-million ounce potential

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SLIDE 4

FINANCIAL OVERVIEW

www.indigoexploration.com TSX.V : IXI 4

Ticker Symbol: TSX.V : IXI 52 Week High/Low: $0.01 / $0.02 Recent Price: $0.015 Common Shares: 92.02 million Options: 2.35 million Warrants: 7.68 million Fully Diluted: 102.05 million Cash: $0.01M Market Cap: $1.4M

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BOARD AND MANAGEMENT

www.indigoexploration.com TSX.V : IXI 5

Paul Cowley, P.Geo – President/CEO and Director

Successful senior exploration geologist in South America and northern Canada, instrumental in the discovery and advancement of four major gold deposits in the Canadian Arctic.

Tom Henricksen – VP Exploration and Director

Successful senior exploration geologist, on discovery teams for borate deposits in Bolivia, two gold and silver deposits in Peru, two porphyry copper deposits in Peru, a gold deposit in Colombia and a copper-silver deposit in Montana.

Lorne Warner, P.Geo. – Director

  • Mr. Warner has over 30 years of experience with major and junior mining companies, including Noranda Exploration and Placer Dome. He was highly

successful in the discovery and delineation of several mineral deposits for various junior mining companies including: M Gold Zone at Detour Lake Mine, Ontario, the Falea uranium/silver/copper deposit in Mali and the Fatou Main gold zone in Mali.

Marino Sveinson – Director

  • Mr. Sveinson is a member of the Law Society of British Columbia and a partner at Bull Housser. Mr. Sveinson provides strategic results-oriented advice

and representation with respect to all stages of workplace matters and has represented clients at all levels of the courts in B.C., labour arbitrations, the Human Rights Tribunal, and the Labour Relations Board.

Alain Nebie – Country Manager Rebecca Moriarty, CPA CA – CFO

Experienced CFO with over 20 years experience in dealing with administration of public companies.

  • Dr. Demetrius Pohl – Advisory Board
  • Dr. Pohl was instrumental in assembling the current Indigo Burkina Faso land package. Formerly with BHP Minerals, he was involved in the early

identification and development of the Syama and Sadiola deposits in Mali, the Essakane deposit in Burkina Faso, and the Golden Pride deposit in Tanzania, to name a few.

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WHY WEST AFRICA?

www.indigoexploration.com TSX.V : IXI 6

Birimian Terrane of western Africa where +50 million ounces of gold discovered in last 10 years. Deposit Ownership Afaho Newmont Mining Akyem Newmont Mining Essakane IAMGOLD Loulo Randgold Morila Anglogold, Randgold Obuasi Anglogold Ashanti Sadiola Anglogold, IAMGOLD Siguiri Anglogold Syama Randgold Tarkwa Goldfields Much remains underexplored.

These reserve and/or combined production and remaining reserve numbers are taken from various government and industry sources and reflect general deposit grades in the Birimian Greenstone Belt. There are currently no mineral reserves or resources associated with any of the IXI properties.

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SLIDE 7

BURKINA FASO FOCUSED

www.indigoexploration.com TSX.V : IXI 7

2 Gold Projects in Burkina Faso (422 km2):

1.Hantoukoura (Kodyel) – multiple vein system 2.Lati 2 – shear parallel vein system .

Bada

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HANTOUKOURA Project (previously KODYEL) Project to Drill

www.indigoexploration.com TSX.V : IXI 8

  • New 9 year permit over original

Kodyel Permit

  • 238 sq km
  • 3 target areas

Artisanal mining: Hantekoura (CFA), Kodyel 1, Tangounga and Songonduari

  • Recent gold rush
  • As many as 10,000 miners

Tangounga Orpaillage 1500m by 100m zone of workings BLEG Historic BLEG anomalies over 20km2 area untested Kodyel 1 Historic SEMAFO drilling Best hole: 50m of 4.3 g/t Au

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HANTOUKOURA Project

www.indigoexploration.com TSX.V : IXI 9

Tangounga Orpaillage

250m long by 40m wide

  • pen cut since 2006

At least 5 veins in pit totaling

  • ver 30m width

Multiple parallel veins traced

  • ver 1500m by pits and cuts

Prospecting suggests zone could be 3000m long Multi-Million Ounce Target Artisanal miners sinking internal shafts from bottom

  • f open cut

Internal shafts dug by local artisanal miners

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HANTOUKOURA Project

www.indigoexploration.com TSX.V : IXI 10

Tangounga Orpaillage

Very good widths with Individual veins to 10m wide Multiple veins totaling over 30m Locals mine quartz veins in excess of 10 gpt Au Airborne survey and grab sample program completed

  • Plans to sample pit and finish

soil grid, followed by drilling

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KANTOUKOURA Soil Sampling Results to Date >15km of Gold Anomalies

www.indigoexploration.com TSX.V : IXI 11

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HANTOUKOURA – Extensive Artisanal Workings

www.indigoexploration.com TSX.V : IXI 12

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LATI 2 Project

www.indigoexploration.com TSX.V : IXI 13

  • Large 184 sq km dimensions
  • Three target areas

Prospect 1

  • Multi-Million Ounce Potential
  • Site of new gold rush with expanding artisanal

workings

  • 8km by 2km area of anomalous rock and soil

includes a 4.75km by 100-700m Au-in-soil anomaly

  • Historical drill hole of 2.5 gpt Au over 12m
  • Recent grab sampling highlights to 12.65 gpt Au
  • Completed 50 RC drill holes at Prospect 1

Doudou (Prospect 2)

Gold-in-soil anomaly 1200m by 50 to 500m, open

Kwademen

More early exploration needed

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LATI 2 – Extensive Surfacial Workings

www.indigoexploration.com TSX.V : IXI 14

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LATI 2 Project

www.indigoexploration.com TSX.V : IXI 15

Prospect 1

  • Soil survey was successful in highlighting two

gold-in-soil anomalies:

  • A – 4.75km by 100-750m
  • B – 1.5km by 250-350m
  • Anomalies concentrated on contact between

volcanics and intrusives.

  • Expanding artisanal workings also

concentrated on same contacts.

  • Initial artisanal workings grew from 500m by

50-200m to 1200m long by 50-500m in 14 months.

  • New artisanal sites developing

Gold recovered by artisanal miner from Lati 2 - Prospect 1

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LATI 2 Project – Prospect 1

www.indigoexploration.com TSX.V : IXI 16

Prospect 1

  • RC drilling program completed
  • 14 drill lines over Anomaly A and B.
  • Each line 3 to 5 RC holes, 150m long
  • Total of 50 holes (6,400 metres)
  • Results on Eastside (2.5km long zone)
  • 112m @ 0.51 g/t Au
  • incl. 28m @ 1.28 g/t Au
  • 111m @ 0.50 g/t Au
  • Incl. 11m @ 3.17 g/t Au
  • 21m @0.76 g/t Au
  • 50m @ 0.42 g/t Au
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PROGRAMS – 2012-2017

www.indigoexploration.com TSX.V : IXI 17

Hantoukoura (Kodyel)

Regained permit Soil geochemistry and grab sampling Initial DDH drilling program designed

Lati

6,000 metres RC drilling program completed in February 2012 (50 holes) Targeting a new multi-million ounce discovery Potential follow-up drilling

3 Multi-KM Long Drill Targets Drill Ready

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WHY INVEST?

www.indigoexploration.com TSX.V : IXI 18

 Burkina Faso’s gold exploration and development sector is exploding, going from 209 kg

  • f gold produced in 2002 to an estimated 40 tonnes in 2012

 IXI is Targeting multi-million ounce economic gold deposits  Large land package of over 422 km2 of Birimian Greenstone  Projects all have large, active artisanal sites with multi-km drill targets – targeting elephant

size projects

 Strong management with West African discovery experience

Multiple multi-km long targets to be drilled in 2020 providing excellent

chance for an all-new discovery (Hontoukoura, Lati)

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CONTACT INFO

Paul Cowley, President & CEO

Tel: 604-340-7711 | Email: pcowley@indigoexploration.com Corporate Office Address:

880 – 580 Hornby Street Vancouver, BC V6C 3B6 Canada

www.indigoexploration.com