Production / Operations
ICG Silver & Gold outlines Tuscarora plans

ICG · Price
Executive Summary
- ICG Silver & Gold Ltd. announced its strategic roadmap for the Tuscarora district in Nevada on its first day of trading on the Canadian Securities Exchange (CSE) under the ticker "ICG".
- The company is fully financed for a comprehensive exploration program, having raised approximately $6.2 million to date, with a Phase 1 drill program expected to commence in the summer of 2026.
- The strategy focuses on building a district-scale geological model, expanding the land package, and advancing both silver- and gold-dominant targets to achieve the district's first-ever mineral resource estimate.
Key Details
- Financing Status: The company has raised approximately $6.2 million since inception, positioning it as well-financed for its exploration mandate.
- Trading Information: ICG Silver & Gold commenced trading on the Canadian Securities Exchange (CSE) under the ticker symbol "ICG" on the date of the release.
- Exploration Timeline: The Phase 1 exploration program is expected to begin in the summer of 2026.
- Strategic Pillars:
- Land Package: Actively evaluating opportunities to expand, consolidate, and reinforce the district-scale land position.
- Geological Modeling: Integrating historical drilling (reverse circulation and core), surface sampling, and geophysical surveys (CSAMT, ground magnetics, gravity) to create a unified geological framework.
- Data Reinterpretation: Digitizing, validating, and reinterpreting decades of prior exploration data (thousands of meters of drilling) to identify overlooked opportunities.
- Target Advancement: Prioritizing drill-ready targets including East Pediment, Grand Prize, and King's Vein, with specific emphasis on South Navajo and Modoc areas.
- Dual Focus: Advancing both silver-dominant and gold-dominant epithermal systems within the district.
- Long-term Goal: Advancing the Tuscarora district toward its first-ever mineral resource estimate.
- Phase 1 Program Scope: Includes target validation and refinement, field mapping and sampling, and drill targeting/prioritization.
- Project Location: Tuscarora district, Elko County, Nevada, on the Carlin trend, approximately one hour northwest of Elko.
- Land Control: ICG controls 100% of approximately 10,000 acres.
- Qualified Person: Steven L. McMillin, PG, of Rangefront Mining Services.
Notable Quotes
- "Since acquiring the Tuscarora district, our focus has been on advancing our understanding of the project as a district-scale precious metals system. With over $6.2-million raised to date, we are in a strong position to execute a disciplined, data-driven exploration strategy." — Steve Sirbovan, President, CEO, and Director.
- "Our immediate priority is to build and refine what we believe will be the first comprehensive geological model of the Tuscarora district... This work will enhance our understanding of key areas such as South Navajo and Modoc, while also generating new targets across the district." — Steve Sirbovan.
- "As we enter our phase 1 program this summer, our goal is to systematically unlock value by expanding the land package, advancing both silver- and gold-dominant targets, and ultimately positioning Tuscarora for its first-ever mineral resource estimate." — Steve Sirbovan.
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Jun 29, 2026 · 07:01