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Drill Results Routine +

ICG Silver & Gold Announces Local Drilling Support Arrangements for Upcoming Phase 1 Drill Program at the Tuscarora District

Early-stage Nevada silver-gold explorer advances Phase 1 drilling logistics on a fully funded, district-scale Carlin Trend asset.

By The Northwire Desk — AI Analysis Jun 18, 2026 · 07:01 ICG · 0.43 ICG Silver & Gold Ltd.
Executive Summary
  • ICG Silver & Gold has engaged Nevada-based Modern Land & Development LLC (ML&D) to provide drill pad construction, access road development, and earthwork support for its upcoming 3,000-metre Phase 1 drill program at the Tuscarora District.
  • The company is finalizing site readiness, including water sourcing and logistics, ahead of mobilization.
  • This follows the June 16 announcement that all regulatory permits were secured and the June 3 announcement that Major Drilling was retained as the primary drilling contractor.
  • The program targets six priority silver-gold zones (East Pediment, Grand Prize, Kings Vein, Modoc, South Navajo, and Battle Mountain) across a 10,000-acre land package on the Carlin Trend.
Material Impact
  • The news represents standard pre-drilling operational preparation. Securing local earthwork and access contractors is a routine, expected step after permitting and drilling contractor selection.
  • It confirms the company is on schedule to mobilize the 3,000-metre campaign in late June or July 2026.
  • There is no new financial guidance, unexpected contract value, or strategic shift. The market was already pricing in the imminent start of drilling based on prior permit and contractor announcements.
  • Impact on stock price is expected to be neutral to marginally positive, as it validates execution capability but adds no new upside beyond what was already communicated.
ICG · Price
Company Overview
  • ICG Silver & Gold Ltd. is a newly public, exploration-stage precious metals company listed on the Canadian Securities Exchange (CSE).
  • Core asset: Tuscarora District, a ~10,000-acre silver-gold epithermal system on the Carlin Trend in Elko County, Nevada.
  • Acquired from American Pacific Mining Corp. in March 2026 via a share exchange and cash financing.
  • Strategy: District-scale exploration integrating historical drilling (>40,000m), geophysics (CSAMT, magnetics), and structural modeling to identify new silver-gold targets.
  • Phase 1 program: 3,000 metres of reverse circulation (RC) drilling targeting six priority zones.
Read the original news release →

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