VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/22/12 — Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE: IDI)(OTCQX: IDIFF) announces the granting of incentive stock options to certain of its directors, officers and consultants to purchase up to an aggregate of 2,750,000 common shares in its capital stock at a price of $0.24 per share, exercisable for a period of two years.About Indico Resources Ltd.Indico is a resource exploration company focused in the d