Indicator Minerals Inc.: AGM Material Delivery During Disruption in Postal Services

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 20, 2011) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Indicator Minerals Inc. (the "Company") (TSX VENTURE:IME) announced today that in light of the recent announcement of postal service disruption in Canada, the physical delivery of the Company's information circular and accompanying instrument of proxy ("Meeting Materials") for use at the annual general meeting of the Company to be held on July 14, 2011, to certain shareholders of the Company ("Indicator Shareholders") may be delayed. Accordingly, any Indicator Shareholder that does not receive his or her Meeting Materials in a timely fashion is encouraged to access and review electronic copies of the Meeting Materials, which are filed under the Company's profile on SEDAR at www.sedar.com and on the Company's corporate website at www.indicatorminerals.com.

About Indicator Minerals:

Indicator Minerals Inc. is a Canadian exploration company focused on the discovery and development of economic mineral deposits. Founded in 2004, the Company has assembled one of the most qualified technical teams in worldwide exploration. Management has quickly positioned the Company to be a sophisticated player in both Canadian and international exploration by forming strategic partnerships, acquiring highly prospective properties and conducting systematic and efficient exploration programs.

Indicator Minerals Ltd. is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.

On behalf of the Board

Indicator Minerals Inc.

Bruce Counts, P.Geoph., President & CEO

Cautionary Notice:This release may contain forward-looking statements regarding the Company's business or financial condition, including the proposed completion of financings, use of proceeds and exploration programs. Actual results could differ materially from those described in this news release as a result of factors, including, but not limited to the following: the timing and completion of financings, the actual use of proceeds, the timing, results and success of exploration and development programs, financial arrangements, the ability to obtain additional financing, developments in global resource markets, political developments, the timing of regulatory and environmental approvals and other factors. The Company cautions that these and similar statements involve risk and uncertainties, which could cause actual results to differ materially from those in the forward looking statement. Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law.