1. Limited exploration experience: Indigo Exploration Inc is a relatively new company with limited exploration experience compared to its peers. This lack of experience may limit the company's ability to identify and develop profitable mining projects.

2. Small market capitalization: Indigo Exploration Inc has a small market capitalization compared to its peers, which may limit its ability to attract investment and finance its exploration activities.

3. Limited financial resources: The company has limited financial resources, which may limit its ability to explore and develop mining projects. This may also limit its ability to compete with larger mining companies.

4. Limited geographic diversification: Indigo Exploration Inc has a limited geographic diversification compared to its peers. The company's exploration activities are focused on West Africa, which may limit its ability to identify and develop profitable mining projects in other regions.

5. Dependence on a single project: The company's exploration activities are focused on the Koussikoto gold project in Mali. This dependence on a single project may increase the company's risk exposure and limit its ability to diversify its revenue streams.

6. Regulatory risks: The mining industry is subject to a range of regulatory risks, including changes in government policies, environmental regulations, and taxation. Indigo Exploration Inc may be more vulnerable to these risks due to its limited financial resources and lack of experience compared to its peers.