Toronto, ON — June 18, 2026 — ICG Silver & Gold Ltd. (CSE: ICG) (FSE: JI0) (OTC Pink: ICGSF) (“ICG” or the “Company”) a precious minerals exploration Company focused on the Tuscarora District in Elko County, Nevada (the “Project” or “District”), is pleased to announce that it has entered into local drilling support arrangements with Modern Land & Development LLC (“ML&D”), a Nevada-based contractor, to support the Company’s upcoming 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 the start of drilling at the Tuscarora District,” stated Korbon McCall, VP of Exploration. “ML&D brings local experience, equipment, and field capability that will help us prepare priority drill sites while maintaining a practical and 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 upcoming drill campaign (see Figure 1). The Company believes utilizing a local contractor provides logistical advantages, supports the surrounding community, and helps streamline the execution of near-term exploration activities.
Figure 1: Prepped and leveled Phase 1 drill pad, PAD-SI3.
ICG’s Phase 1 Drill Program is designed to evaluate multiple priority targets identified through recent district-scale geological modeling, historical data compilation, and field review. The program is expected to focus on numerous silver-gold targets, including areas that have seen limited modern exploration despite favorable 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.
About ICG Silver & Gold Ltd.
ICG Silver & Gold Ltd. 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; and
- 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, Nevada. ICG controls 100% of the approximately 10,000-acre land package, on which extensive rock chip sampling, thousands of meters of reverse circulation and core drilling, and tens of kilometers of CSAMT 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.
On Behalf of ICG Silver & Gold Ltd. Board of Directors:
Steven Sirbovan, President, CEO & Director
Corporate Office: 82 Richmond Street East, Toronto, ON, M5C 1P1
Investor relations contact:
Kristina Pillon, High Tide Consulting Corp.
604.908.1695 / ir@icgsilverandgold.com
437.525.4240 / 24-hour, 7-day a week hotline
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.
Forward-looking Information
This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Forward-looking statements in this news release include, without limitation, statements related to ICG’s exploration plans, including the anticipated Phase 1 Drill Program, its scope, timing, targets and methodology; the potential for shared or overlapped mineralizing episodes; the identification of feeder structures and structural controls on mineralization; the Company's strategy to consolidate and control a district-scale land position; and the potential to expand mineralization laterally and at depth. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, including assumptions regarding the availability of financing to fund exploration activities, the receipt of necessary permits and regulatory approvals, the accuracy of the Company's geological interpretations and models, and the reliability of historical data, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, exploration risks and uncertainties, the ability to obtain necessary permits and regulatory approvals, changes in environmental and other applicable legislation, the uncertainty of mineral exploration and development, title risks, reliance on key personnel, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.