ICG Silver & Gold Commences 3,000-Meter Phase 1 Drill Program at the Tuscarora District, Nevada

About this update from Icg Silver & Gold Ltd.

Toronto, Ontario--(Newsfile Corp. - July 6, 2026) - ICG Silver & Gold Ltd. (CSE: ICG) (FSE: JI0) (OTC Pink: ICGSF) ("ICG" or the "Company") a precious minerals exploration Company focused on the Tuscarora District in Elko County, Nevada (the " Project " or " District "), is pleased to announce that it has commenced its Phase 1, 3,000-meter reverse circulation "RC" Drill Program. "Commencing our first drill program at the Tuscarora District is a major milestone for ICG and marks the transition from district-scale compilation and target generation into active exploration," stated Steven Sirbovan, President and CEO of ICG Silver & Gold. "Phase 1 drilling will allow us to test multiple shallow silver-gold targets while collecting geological data to refine our district-scale model," stated Korbon McCall, Vice President of Exploration. "Our objective is to assess the geological controls on mineralization and prioritize the strongest targets for subsequent drilling." The program will initially focus on shallow, oxidized silver-gold targets identified through the Company's district-scale geological modeling, historical data compilation, geophysical interpretation, and field review. Six priority target areas have been selected for testing, representing the Company's most advanced drill targets to date. The Company has hired Major Drilling International Inc. (" Major Drilling ") to perform drilling services. RC drilling was selected as an efficient and cost-effective method for rapidly evaluating multiple near-surface targets across the District. The program is designed to test geological interpretations, evaluate the continuity and extent of mineralization, and generate new geological and assay data to refine the Company's district-scale thesis. Overview of the Phase 1 Drill Program As previously announced on May 28, 2026 , the Company will focus on six priority target areas: Figure 1 - Summary of Priority Targets at the Tuscarora District. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12036/303961_1859bbd314bd7bd7_001full.jpg The Company will begin at the Silica target, followed by Battle Mountain, King's Vein, Grand Prize, East Pediment, and finally Modoc, see Figures 1 and 2. The Company expects to announce initial assay results in August. Figure 2 - Inset map highlighting targets, pads and access roads. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12036/303961_1859bbd314bd7bd7_002full.jpg

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