Northwire Canada EditionSunday, November 8, 2026
Northwire
⌕
Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

ICG Silver & Gold Identifies Major Untested Structural Corridor and Multiple New Targets at the Tuscarora District

Expanding the Tuscarora playbook with a district‑scale structural corridor

Executive Summary
  • On 2026‑04‑09 ICG announced completion of a 44 km Controlled Source Audio Magnetotelluric (CSAMT) survey on the western flank of its Tuscarora District, bringing total CSAMT coverage to ~130 km.
  • The survey identified a district‑scale structural corridor – the McCann Creek Structural Zone (MCSZ) – plus three additional alteration/structural targets (Zones A‑C) that are currently untested but show resistivity signatures consistent with epithermal Au‑Ag systems.
  • ICG also appointed Independent Trading Group, Inc. as a market maker for its CSE‑listed shares at a flat monthly fee of C$6,000. No equity or performance compensation is attached.
Material Impact
  • Exploration upside: The discovery of a high‑angle fault system with “flower‑style” geometry that aligns with known mineralization zones materially expands ICG’s drill target inventory. Prior releases only described land acquisition and funding; this is the first substantive geophysical result suggesting a new, district‑scale feeder structure.
  • Capital markets: The market‑maker appointment improves liquidity and may reduce bid‑ask spreads, but the fee is modest and does not dilute shareholders.
  • Alignment with prior guidance: Earlier statements (Mar 30–31) promised a fully funded Phase 1 drill program and a focus on building a comprehensive geological model. The CSAMT results directly feed that roadmap, confirming that ICG is progressing as outlined.
  • Overall impact: While the corridor remains untested and no drilling results are yet available, the news provides genuinely new information that could materially affect valuation expectations, justifying a “Material – Positive” rating.
ICG · Price
Company Overview

ICG Silver & Gold Ltd. is a junior exploration company focused on the Tuscarora District in northern Nevada, an area known for epithermal gold‑silver systems. The flagship project comprises ~10,000 acres acquired from American Pacific Mining Corp., with historic RC drilling showing up to 13.6 g/t Au and 41 g/t Ag. ICG’s strategy is to build a district‑scale geological model, expand the land package, and advance multiple drill‑ready targets toward its first mineral resource estimate.

Read the original news release →

More from ICG Silver & Gold Ltd.