ICG Silver and Gold Expands Footprint with New Claims in Nevada’s Tuscarora District

Why It Matters

ICG’s data‑rich, district‑scale approach could fast‑track a junior miner into profitable silver‑gold production, attracting capital to a high‑growth Nevada mining hub.

Key Takeaways

• ICG consolidates 10,000‑acre Tuscarora district for district‑scale exploration.
• Company holds 5,000 samples and 25,000 m of historic drilling data.
• New silver‑rich targets show up to 38 g/t silver in shallow alluvium.
• Phase‑one exploration slated for June, focusing on Battle Mountain and South Navajo.
• ICG entered market with $6 million cash, aiming to fund ground‑based work.

Summary

ICG Silver & Gold, which listed on the Canadian Securities Exchange on March 31, announced the consolidation of a 10,000‑acre land package in Nevada’s Tuscarora district. The acquisition gives the junior miner control of extensive historic data, including roughly 5,000 surface samples and 25,000 metres of drilling, much of it from former operator American Pacific.

The company plans to leverage that legacy information to build a district‑scale geological model and identify new high‑grade targets. Soil assays have returned up to 38 g/t silver, and geophysical surveys highlight shallow, alluvial‑covered zones that have never been drilled. Phase‑one field work is set to begin in June, with priority on the Battle Mountain, South Navajo and Modoc targets.

CEO Steven Sirbovan emphasized that re‑using existing data saves millions in upfront exploration costs and accelerates decision‑making. He described the Tuscarora project as a “truly district‑scale opportunity,” noting that the proximity of First Majestic’s Jerritt Canyon development adds regional momentum.

With $6 million in cash on hand, ICG aims to fund the upcoming program while continuing to acquire adjacent parcels. Successful delineation of silver‑gold mineralization could position the company as a notable junior in a hot Nevada corridor, potentially unlocking further financing and partnership opportunities.

Original Description

ICG Silver and Gold CEO Steven Sirbovan joined Steve Darling from Proactive to announce that the company has completed the staking and consolidation of eight newly available mineral claims, covering approximately 85 acres within the highly prospective Tuscarora District in Nevada.

The newly acquired claims were identified through ongoing technical evaluation, incorporating recently completed geophysical surveys, historical mapping, and legacy exploration data. This work has helped outline previously underexplored structural corridors and favorable lithological contacts believed to control mineralization across the district.

The company noted that securing this prospective ground—already supported by existing data—represents one of the most efficient ways to add value ahead of its planned Phase 1 drill program, scheduled to begin this summer.

The expanded land package enhances ICG’s exposure to a district known for favorable host lithologies, established mineral occurrences, and district-scale structural controls associated with both precious and base metal mineralization. The consolidation aligns with the company’s broader strategy of building dominant land positions in high-quality exploration jurisdictions with demonstrated upside potential.

ICG will refer to this newly defined area as the “Battle Mountain” target. Importantly, historical drilling on the ground provides early validation of the system. A total of 13 reverse circulation drill holes were previously completed, including six holes totaling approximately 1,280 metres with recorded assay data.

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