-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 D3n31tzgI/CP3/lF7SFG1KydoUPQDAaF/lloKNrY5yyHHwVrbrCKO/uDHnjzQIVE
 7LkZRmtJ4O2q1m/FKDKgZQ==

<SEC-DOCUMENT>0001183740-09-000537.txt : 20091127
<SEC-HEADER>0001183740-09-000537.hdr.sgml : 20091126
<ACCEPTANCE-DATETIME>20091127164727
ACCESSION NUMBER:		0001183740-09-000537
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091127
DATE AS OF CHANGE:		20091127
EFFECTIVENESS DATE:		20091127

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Indico Resources Ltd.
		CENTRAL INDEX KEY:			0001477622
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-136466
		FILM NUMBER:		091210439

	BUSINESS ADDRESS:	
		STREET 1:		1920-1188 WEST GEORGIA STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6E 4A2
		BUSINESS PHONE:		604-331-0096

	MAIL ADDRESS:	
		STREET 1:		1920-1188 WEST GEORGIA STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6E 4A2
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001477622</cik>
        <entityName>Indico Resources Ltd.</entityName>
        <issuerAddress>
            <street1>1920-1188 WEST GEORGIA STREET</street1>
            <city>VANCOUVER</city>
            <stateOrCountry>A1</stateOrCountry>
            <zipCode>V6E 4A2</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>604-331-0096</issuerPhoneNumber>
        <jurisdictionOfInc>BRITISH COLUMBIA, CANADA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>GARY</firstName>
                <lastName>FREEMAN</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1920-1188 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6E 4A2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>LEONARD</firstName>
                <lastName>HARRIS</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1920-1188 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6E 4A2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>MICHAEL</firstName>
                <middleName>W</middleName>
                <lastName>KINLEY</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1920-1188 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6E 4A2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>KEITH</firstName>
                <lastName>HENDERSON</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1920-1188 WEST GEORGIA STREET</street1>
                <city>VANCOUVER</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V6E 4A2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-11-12</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>18300</totalOfferingAmount>
            <totalAmountSold>9982</totalAmountSold>
            <totalRemaining>8318</totalRemaining>
            <clarificationOfResponse>13(a) represents the price of the units (70,000 units @ C$0.15), plus the aggregate exercise cost of the warrants forming part of the units (35,000 warrants @ C$0.25), converted to US$.  There is no guarantee the warrants will be exercised.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Indico Resources Ltd.</issuerName>
                <signatureName>/s/ Marla K. Ritchie</signatureName>
                <nameOfSigner>MARLA K. RITCHIE</nameOfSigner>
                <signatureTitle>CORPORATE SECRETARY</signatureTitle>
                <signatureDate>2009-11-26</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----