Northwire Canada EditionSaturday, October 31, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

ICG Silver & Gold Engages Major Drilling for Upcoming 3,000-Meter Drill Program at the Tuscarora District

ICG Silver & Gold Advances Tuscarora District Drilling Amidst Steady Price Consolidation

By The Northwire Desk — AI Analysis Jun 03, 2026 · 07:02 ICG · 0.48 ICG Silver & Gold Ltd.
Executive Summary
  • ICG Silver & Gold Ltd. announced the engagement of Major Drilling Group International Inc. to execute its Phase 1 drill program at the 100% controlled Tuscarora District in Nevada.
  • The program consists of 3,000 meters of reverse circulation (RC) drilling scheduled to commence in June 2026.
  • Targets include six high-priority zones: Battle Mountain, East Pediment, Grand Prize, Kings Vein, Modoc, and Silica.
  • The strategy utilizes a staged RC-first approach to rapidly test near-surface mineralization and evaluate historical extensions, refining geological interpretations for future core drilling.
  • This follows the May 28 announcement of the fully funded Phase 1 program and the Q1 2026 financial results confirming $5.48M in cash.
Material Impact
  • The June 3 announcement confirms the contractor engagement and start date for the previously announced Phase 1 drill program.
  • It is a routine follow-up to the May 28 exploration update and does not contain new, unexpected, or market-moving information.
  • The company remains fully funded for this phase, with no immediate capital raising required.
  • The news validates management's execution timeline but does not alter the fundamental risk profile or valuation of the exploration-stage company.
ICG · Price
Company Overview
  • ICG Silver & Gold Ltd. is a newly public exploration-stage company focused on the Tuscarora District in Elko County, Nevada.
  • The flagship project is a ~10,000-acre land package located on the Carlin Trend, known for world-class gold deposits.
  • The company acquired the property from American Pacific Mining Corp. in March 2026 for 11.5 million common shares.
  • Historical drilling exceeds 40,000 meters, with significant silver and gold intercepts reported in zones like East Pediment, Grand Prize, and Battle Mountain.
  • The exploration strategy focuses on district-scale modeling to identify interconnected epithermal and feeder-style systems.
Read the original news release →

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