17:57:57 EDT Thu 18 Jun 2026
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ICG Silver & Gold Ltd
Symbol ICG
Shares Issued 38,236,751
Close 2026-06-17 C$ 0.43
Market Cap C$ 16,441,803
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ICG hires ML&D for Tuscarora drill pad construction

2026-06-18 16:11 ET - News Release

Mr. Steven Sirbovan reports

ICG SILVER & GOLD ANNOUNCES LOCAL DRILLING SUPPORT ARRANGEMENTS FOR UPCOMING PHASE 1 DRILL PROGRAM AT THE TUSCARORA DISTRICT

ICG Silver & Gold Ltd. has entered into local drilling support arrangements with Modern Land & Development LLC (ML&D), a Nevada-based contractor, to support the company's coming phase 1 drill program.

ML&D has been engaged to provide drill pad, access road and related earthwork support for ICG's planned 3,000-metre phase 1 drill program. These arrangements represent an important step in advancing the company's drill-readiness activities at the Tuscarora district and are intended to support efficient field execution as ICG prepares to test multiple silver-gold targets across the district.

"Securing local support for road and pad construction is a key operational milestone as we move toward drilling at the Tuscarora district," stated Korbon McCall, vice-president of exploration. "ML&D brings local experience, equipment and field capabilities that will help us prepare priority drill sites while maintaining a practical, responsible approach to access, disturbance and reclamation."

The initial scope of work is expected to include construction and preparation of access roads, drill pads and sumps required to support the coming drill campaign. The company believes that using a local contractor offers logistical advantages, supports the surrounding community and streamlines the execution of near-term exploration activities.

ICG's phase 1 drill program is designed to evaluate multiple priority targets identified through recent district-scale geological modelling, historical data compilation and field review. The program is expected to focus on numerous silver-gold targets, including areas with limited modern exploration but favourable historical results and strong geological potential.

The company's current operational planning includes advancing access preparation, final drill logistics, water sourcing and site readiness ahead of mobilization. Further updates will be provided as the company advances toward commencement of drilling.

Qualified person 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 an 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 centered 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, on which extensive rock-chip sampling, thousands of metres of reverse circulation and core drilling, and tens of kilometres of CSAMT (controlled-source audio-frequency magnetotelluric) geophysics have been completed. 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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