ICG Silver & Gold Advances Permitting for Phase 1 Exploration at The Tuscarora District

Executive Summary

• ICG Silver & Gold Ltd. has advanced permitting activities for its planned Phase 1 Drill Program at the Tuscarora District in Nevada.
• The Company engaged WestLand Engineering & Environmental Services to manage permitting strategy, project management, and agency coordination for the upcoming exploration program.
• The Phase 1 Drill Program is expected to comprise 3,000 meters of drilling targeting multiple shallow, oxidized silver-gold prospects, with the primary objective of advancing the district-scale geological model.

Key Details

• Permitting Partner: Engaged WestLand Engineering & Environmental Services (Reno, NV) to provide permitting strategy, project management, agency coordination, and additional permitting support.
• Drilling Scope: Planned Phase 1 Drill Program will include 3,000 meters of drilling.
• Target Focus: Multiple shallow, oxidized silver-gold targets across the Tuscarora District.
• Priority Target Areas: East Pediment, Grand Prize, Kings Vein, Modoc, and Battle Mountain.
• Target Identification Methodology: Areas identified through the Company's ongoing integration of historical drilling, surface sampling, geological mapping, geophysical data, and structural interpretation.
• Program Objectives: Test priority targets that have not been fully evaluated by modern exploration methods and advance the Company's district-scale geological model for the Tuscarora District.
• Operational Readiness: Broader preparation activities include drill planning, access evaluation, contractor coordination, water logistics, and site preparation planning.
• Land Package & Historical Exploration: 100% control of approximately 10,000 acres on the Carlin Trend; prior work includes extensive rock chip sampling, thousands of meters of reverse circulation and core drilling, and tens of kilometers of CSAMT geophysics.
• Qualified Person: Steven L. McMillin, P.G., of Rangefront Mining Services reviewed and approved all scientific and technical information in compliance with National Instrument 43-101.

Notable Quotes

• "Advancing the permitting process is a critical step as we prepare for our Phase 1 Drill Program at the Tuscarora District," stated Korbon McCall, VP of Exploration. "Our objective is to move the project forward in a practical, responsible, and well-coordinated manner. Bringing in experienced Nevada permitting support strengthens our ability to execute the upcoming program efficiently while maintaining alignment with regulatory requirements and best practices."