The 100% owned Kodyel permit covers 238 square kilometres and lies close to the Niger border approximately 300km east of Ouagadougou. Access is by paved road as far as Fada N’gourma about 200km east of Ouagadougou and thence by laterite roads. The Kodyel permit covers an extension of the Fada N’Gourma greenstone belt that continues into Niger. The Kodyel permit is traversed by a regional northeast-trending fault that stretches from Ghana to Niger and separates the mafic and felsic volcanics and metasedimentary rocks of the Fada belt from the migmatites and granites to the northwest. There are several active artisanal workings within the permit, including: Hantekoura (CFA), Kodyel 1, and Tangounga.

The Hantekoura workings consists of a series of pits and cuts oriented at 060o over 550 metres strike length. Mineralization consists of quartz veins, 5 – 25 centimetres thick, hosted in intermediate tuffs near the granite contact. Hantekoura (CFA) was explored by SEMAFO from 1996 to 1998. They completed 9 trenches and 13,529 metres of drilling largely of vertical Rotary Air Blast (or RAB) holes at 25 metre centres and 26 angled RC holes into the zone of quartz stockwork, defining a mineralized zone 625 metres long, 50 to 100 metres wide and 70 metres deep with grades reported in excess of 1 gpt Au. They followed with 1597 metres of diamond drilling in 12 holes in 1997. The best intercept was 43m grading 4.3 gpt Au. SEMAFO calculated a historic preliminary resource of 753,000 tonnes grading 3.1 g/t Au. The estimate, made in 1998 prior to the adoption of NI 43-101, is not compliant with NI 43-101 guidelines and should not be relied upon. Indigo will revisit the data to model at a lower cut-off.

The Kodyel 1 site consists of a large cut 70 metres long and up to 40 metres wide, exploiting strongly kaolinitized and sheared rocks hosting white and rose quartz veins in a zone striking to the northeast and dipping to the northwest and southeast. Kodyel 1 was explored by SEMAFO from 1996 to 1998. An anomaly to the northeast of CFA site was identified and further RAB drilling was proposed. No further work on the CFA Prospect is noted.

The BLEG prospect consists of a 20 square kilometre drainage area highly anomalous in gold as defined by Bulk Leach Extractable Gold (or BLEG) stream sampling by SEMAFO. The anomalous drainage area is located between the Hantekoura workings and the Tangounga workings. Indigo has commenced a large soil sampling program over the anomalous drainage to define drill targets.

Tangounga artisanal workings site hosts multiple massive quartz veins each 1-10 metres wide outcropping over more than a 400 metres strike length. Local miners have been working to a depth of over 30 metres in an artisanal working now 200 metres long by 30 metres wide . Very limited sampling has been done by Indigo, however, 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 7 gpt Au and 9 gpt Au. Quartz float is observed both northeast and southwest of the pit.

A large part of the permit including the major Tangounga artisanal mining site remains unexplored.

The northeast trending geology continues into Niger (off of Kodyel). Approximately, 1 kilometre into Niger is the large Songonduari artisanal working where up to 10,000 people have been working the site.

The Company conducted an airborne magnetic and radiometric survey in February 2011 and a limited sampling program in March. Large areas of radiometric anomalies suggestive of hydrothermal alteration are seen from the airborne data. (Shown in first figure).

The Kodyel permit was on a temporary suspension for much of 2011 from the Burkina Faso Ministry of Mines in connection with the dispute between Burkina Faso and Niger as to the exact location of the border between the two countries in the area proximate to the Kodyel property. However, in December 2011 the Company received a revised permit (excluding a 5km strip adjacent to the Niger border, but with first right to the excluded strip after the border is properly defined). The Tangounga artisanal site is on the excluded strip. The Company now has access to the majority of the original Kodyel permit and has commenced soil sampling over the BLEG anomaly and will re-visit the Hantekora site.