Mr. Steven Sirbovan reports

ICG SILVER & GOLD ANNOUNCES COMPLETION OF INITIAL DISTRICT-SCALE GEOLOGICAL MODELING, INCREASING HISTORICAL DRILLING DATABASE TO OVER 40,000 METERS AT THE TUSCARORA DISTRICT

ICG Silver & Gold Ltd. has completed a comprehensive database compilation and district-scale geological modelling initiative at the Tuscarora district.

This milestone consolidates decades of fragmented historical and modern exploration data into a single, fully integrated platform, providing the company with a cohesive understanding of the project at a larger scale. The model highlights a structurally controlled mineral system with multiple target corridors and significant upside potential beyond historically explored areas.

Steven Sirbovan, president, chief executive officer and director, commented: "I am extremely pleased with the progress of our geological modelling. Elevating and organizing historical data across the Tuscarora district is an important value creation milestone as we continue to engage with investors, stakeholders and potential partners."

Korbon McCall, vice-president of exploration, added: "Our focus has been on understanding the structural framework and the controls on mineralization across the district, not just individual occurrences. With this first phase of work complete, we now have the ability to systematically prioritize and refine targets as new data is incorporated. This is exactly the type of foundation required to support efficient and effective exploration as we work towards establishing a first mineral resource estimate on the project."

Database compilation highlights

ICG's technical team has compiled, digitized and validated a broad range of exploration data sets across the 10,000-acre land package into a unified database, including:

• Surface geochemistry: 1,338 rock samples and 2,606 soil samples compiled and georeferenced;
• Drilling database: 216 holes for approximately 40,100 meters of drilling;
• Geophysics:
  • 132 line kilometres of CSAMT surveys for approximately 80-per-cent property coverage;
  • Gravity survey for approximately 20-per-cent property coverage;
  • Magnetic surveys for approximately 80-per-cent property coverage;
  • 5.2 line km of active seismic surveys.

Note: Final totals will be confirmed in future technical disclosures, where applicable.

District-scale geological model

Since it was last reported, the ICG team has incorporated 15,100 metres of additional drill data, bringing the total to approximately 40,100 metres through acquisition and compilation efforts. Leveraging this expanded data set, the company has developed a refined geological interpretation focused on the role of major structural corridors, lithologic contacts, intrusive relationships and fluid pathways, which are interpreted to control mineralization across the Tuscarora district.

The model integrates known mineralized zones with newly identified structural trends and untested target areas at depth and along strike. Historical exploration efforts were largely focused on near-surface expressions, whereas ICG's approach emphasizes a systems-based understanding of mineralization, including potential source zones and feeder structures that may drive scale at depth.

Establishing a strong foundation for growth

With the initial compilation and modelling phase now complete, ICG has established a strong technical foundation from which to advance the Tuscarora district, for which the model can build upon. The company now benefits from a centralized and continuously evolving database supported by modern geological interpretation and a district-wide targeting framework.

This model-based approach enables more efficient capital allocation and disciplined exploration planning, as the company progresses toward systematic drill testing. Importantly, this is not a static data set. ICG will continue to expand and refine the database as new geological, geochemical, and geophysical data are generated through continuing and future work programs, further enhancing targeting confidence and project understanding over time.

Visualizations and interactive content

ICG has engaged Vrify and its present platform to develop a suite of high-impact geological visuals and interactive content that illustrate the company's integrated data set and district-scale model.

These visualizations will combine three-dimensional modelling, geophysical data, drilling information, and structural interpretations to present a clear and accessible view of the project's exploration potential. More detailed information will be provided as it becomes available.

Next phase: drill target definition

With a strong technical foundation now in place, ICG is advancing the next phase of exploration focused on drill target definition, planning pad locations and access development. A follow-up news release is expected to outline prioritized drill targets and the company's strategy for advancing the project through systematic drilling.

Disclosure on sampling data

Figures shown include historical data and data collected by the company. Historical sampling programs were conducted by various operators and may not meet current QA/QC (quality assurance/quality control) standards as defined under National Instrument 43-101. The company has not verified all historical sampling data, and such information should be considered indicative only. Any future work conducted by the company will incorporate industry-standard QA/QC protocols.

QP statement

The scientific and technical information contained in this news release has been reviewed and approved by Steven L. McMillin, PG, of Rangefront Mining Services, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects and independent consultant to the company.

About ICG Silver & Gold Ltd.

ICG Silver & Gold is a new mineral exploration and development company advancing the Tuscarora district in northern Nevada. The company's strategy is centred on:

• Advancing the Tuscarora district through systematic exploration and technical studies;
• Building a district-scale geological model;
• Progressing the project toward resource definition and future development.

The Tuscarora district is a silver-gold epithermal system located on the Carlin trend, approximately one hour northwest of Elko, Nev. ICG controls 100 per cent of the approximately 10,000-acre land package, which has extensive rock chip sampling, thousands of metres of reverse circulation and core drilling, and tens of kilometres of CSAMT geophysics completed on the property. ICG fundamentally believes in the long-term value of precious metals exploration, especially silver and gold, and is led by a technical and management team with extensive experience in exploration, permitting, capital markets and development of mining projects in the Western United States, including Nevada.

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