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ICG Silver & Gold (ICGSF) has completed its first 3,000-meter Phase 1 drill program at the Tuscarora District project in Elko County, Nevada, ahead of an anticipated inaugural mineral resource estimate planned for Q1 2027.
The program tested four priority targets—Silica, Kings Vein, Battle Mountain and East Pediment—where drilling intersected the geological horizons interpreted in the company’s 3D subsurface model. Assays from 12 holes are pending and are expected to be released after interpretation and quality-assurance work in the coming weeks. The new 3,000 meters of drilling add to an existing 40,000-meter database to guide continued exploration.
ICG reported cash and short-term investments of approximately C$3.23 million and working capital of approximately C$3.85 million as of June 30, 2026. Management will present the drill program and upcoming milestones at the Muskoka Capital Event in Minett, Ontario, on September 25–27.
ICG Silver & Gold (CSE: ICG, OTC: ICGSF) reported Q2 2026 unaudited results and operational progress at its Tuscarora District silver-gold project in Nevada. The company ended June 30, 2026 with cash of approximately $3.23 million, working capital of about $3.85 million, exploration and evaluation assets of $4.04 million and total assets of $8.29 million.
ICG recorded net and comprehensive losses of approximately $1.48 million for the quarter and $2.73 million year-to-date, mainly due to exploration and public-company costs. During Q2 it mobilized a fully funded 3,000-meter Phase 1 drill program, expanded its Tuscarora land position to roughly 10,000 acres, and increased its historical drilling database from about 25,000 meters to over 40,000 meters. Subsequent to quarter end, drilling began July 6, 2026 and had reached approximately 2,525 meters across 10 reverse circulation holes by August 25, with assays pending. The company also secured FINRA Form 211 clearance and DTC eligibility for ICGSF in the U.S.
ICG Silver & Gold (CSE: ICG, OTC: ICGSF) reported progress on its Phase 1 reverse circulation drill program at the Tuscarora District project in Elko County, Nevada. The company has completed approximately 2,525 meters (8,286 feet) in 10 holes, representing about 84% of the planned 3,000-meter program across the Silica, Battle Mountain, Kings Vein and East Pediment targets.
Preliminary geological logging indicates that drilling at all completed target areas has intersected the geological horizons interpreted in ICG’s 3D subsurface model, which incorporates more than 40,000 meters of historical drilling. Drilling is ongoing at East Pediment, where three holes totaling about 787 meters have been completed and two additional holes are planned. Based on encouraging technical indications, meters originally planned for the Grand Prize and Modoc targets have been reallocated to East Pediment, with those targets expected to be drilled in future programs. Assay results are pending and will be released after receipt, interpretation and completion of quality assurance/quality control procedures.
ICG Silver & Gold (CSE: ICG, FSE: JI0, OTC Pink: ICGSF) has completed the FINRA Form 211 process and obtained DTC eligibility for its common shares trading in the U.S. on the OTC Pink market. Quotations are now supported under Rule 15c2-11, and shares are eligible for electronic clearing and settlement through DTC, improving access for U.S. brokers, custodians and investors while the company maintains its primary listing on the Canadian Securities Exchange. According to ICG Silver & Gold, these steps are expected to enhance trading efficiency, reduce friction and support liquidity as it advances the Tuscarora District project in Nevada.
ICG Silver & Gold (CSE: ICG, OTC: ICGSF) reported initial surface sampling results from the newly acquired TJ prospect within its Tuscarora District project in Elko County, Nevada. The TJ prospect consists of six newly staked unpatented mineral claims totaling about 120 acres, where 39 rock samples were collected from silicified outcrops, hydrothermal breccias, intrusive contacts and structurally prepared zones over an approximately 1.1 km anomalous footprint.
Highlighted assays include 297.0 g/t silver and 0.3 g/t gold (sample TAP2613), 218.0 g/t silver (TAP2625), 12.85 g/t silver and 1.88 g/t gold (TAP2619), and 5.13 g/t silver and 2.58 g/t gold (TAP2628), confirming the presence of gold-silver mineralization. According to ICG Silver & Gold, mapped Eocene rhyolite to rhyodacite dikes, hydrothermal brecciation, silicification and repeated fluid circulation indicate a prospective epithermal hydrothermal system. Planned work includes additional rock-chip sampling, systematic geochemical surveys, data integration and evaluation for future geophysics and drill-target development, while emphasizing that current reconnaissance sampling does not establish true width or continuity of mineralization.
ICG Silver & Gold (CSE: ICG, OTC: ICGSF) has staked six additional unpatented mineral claims totaling about 120 acres at the Tuscarora District in Elko County, Nevada, creating the new “TJ” epithermal gold-silver prospect and increasing its land package to over 10,100 acres.
The TJ area is underlain by Eocene porphyritic rhyolite–rhyodacite dikes cutting Paleozoic sediments and thrust faults, with field mapping noting hydrothermal brecciation, silicification and multi-stage infill. ICG collected 39 rock samples from breccias, silicified zones and intrusive contacts, now submitted to ALS Global for assay. According to ICG Silver & Gold, Phase 1 drill program assays from earlier work remain on schedule for release in the coming weeks.
Corporate updates include engaging German Mining Networks for a three‑month investor relations mandate at C$6,800 per month, and granting 50,000 stock options to a Technical Advisory Committee member at $0.50 per share for five years, vesting over 12 months under the company’s stock option plan.
ICG Silver & Gold (OTC: ICGSF) has started its Phase 1, 3,000-meter reverse circulation drill program at the Tuscarora District in Nevada. The campaign targets six shallow, oxidized silver-gold zones, beginning at the Silica target, with initial assay results expected in August 2026.
ICG Silver & Gold (OTC:ICGSF) has mobilized a Schramm T455 reverse circulation drill rig from Major Drilling to its Tuscarora District project in Nevada for a 3,000-meter Phase 1 drill program.
The program will test multiple silver-gold targets defined by recent geological modeling and historic data, with initial assay results anticipated in August 2026.
ICG Silver & Gold (CSE: ICG, OTC: ICGSF) engaged Nevada contractor Modern Land & Development to provide drill pads, access roads, and earthworks for its planned 3,000-metre Phase 1 drill program at the Tuscarora District in Nevada.
The work supports drill-readiness, local logistics, and near-term exploration targeting multiple silver-gold prospects.
ICG Silver & Gold (OTC: ICGSF) received all permits to begin its planned 3,000-metre Phase 1 drill program at the Tuscarora District in Nevada. The program targets multiple silver-gold prospects in the Central and East Zones, using 25 permitted pads for flexible, shallow oxide exploration.