ICG Silver & Gold Ltd. has completed its inaugural 3,000-metre Phase 1 drill program across 12 holes at the Tuscarora District project in Elko County, Nevada.

The campaign tested four priority targets, comprising three holes spanning approximately 675 metres at Silica, three holes spanning roughly 807 metres at Battle Mountain, one hole totaling 256 metres at Kings Vein, and five holes covering about 1,311 metres at East Pediment. Preliminary geological logging indicated that drilling in each completed target area intersected the expected horizons outlined in the company’s three-dimensional subsurface model, which incorporates more than 40,000 metres of historical data.

The current completion follows an earlier progress update on August 25, 2026, which noted 2,525 metres completed across 10 holes. Assays from the completed Phase 1 program are currently pending and will be released following laboratory preparation and quality-assurance checks.

The company acquired a 100% interest in the Tuscarora District from American Pacific Mining Corp. under an arrangement agreement. The land package spans approximately 10,000 acres on the Carlin Trend.

Meanwhile, regional activity continues to advance in the district, where Equinox Gold received a positive record of decision from the United States Bureau of Land Management in August 2026 to construct the South Railroad mine at its South Carlin Complex project.

“With the completion of our first phase of drilling at the Tuscarora District, combined with a robust database of previous drilling, we are well on our way to establishing a first mineral resource estimate for the District in Q1, 2027.” — Steven Sirbovan, President & CEO

ICG Silver & Gold intends to use the subsurface data gathered during the program to support ongoing evaluation and plan an inaugural mineral resource estimate for the district in the first quarter of 2027. Management also plans to present exploration details and progress toward upcoming milestones at the Muskoka Capital Event in Minett, Ontario, running from September 25 to 27.

Read the full announcement: ICG Silver & Gold Announces the Completion of 3,000-meter Phase 1 Drill Program at the Tuscarora District, Nevada and Participation in Upcoming Investor Conference