Indico Resources Ltd. announced the appointment of Mr. Robert Baxter to the company's Board of Directors. Mr. Baxter brings to the company's board over 25 years of experience in the mining industry, principally in Latin America. He is currently the Chief Executive Officer and President of Indico and is also a director of Pan Global Resources Inc. Mr. Baxter will be replacing Mr. Carlos Ballon, who has resigned from the Board of Directors.