ICG Silver & Gold Reports Surface Sampling Results from the TJ Prospect at the Tuscarora District, Nevada

About this update from Icg Silver & Gold Ltd.

Toronto, Ontario--(Newsfile Corp. - August 4, 2026) - ICG Silver & Gold Ltd. (CSE: ICG) (FSE: JI0) (OTC Pink: ICGSF) ("ICG" or the "Company") is pleased to announce assay results from its initial surface sampling program at the newly acquired TJ prospect, located within the Company's Tuscarora District project in Elko County, Nevada. The TJ prospect comprises six recently staked unpatented mineral claims covering approximately 120 acres. A total of 39 rock samples were collected during initial geological reconnaissance and submitted for laboratory analysis. Sampling targeted silicified outcrops, hydrothermal breccias, intrusive contacts, structurally prepared zones, and areas displaying later-stage fracture and open-space infill. The anomalous surface footprint extends approximately 1.1 kilometers, based on the current sampling distribution. Assay highlights from the initial sampling program include: These results confirm the presence of gold-silver mineralization within the TJ prospect and provide additional pathfinder geochemistry that further supports the Company's interpretation that the area represents a prospective epithermal hydrothermal system. "Initial sampling at the TJ prospect has returned encouraging results from an area that had not previously been a focus of modern systematic exploration," said Korbon McCall, VP of Exploration. "The association of strongly anomalous precious metals with hydrothermal brecciation, Eocene intrusive activity, and older structural corridors provides a compelling foundation for continued work. These results will help us refine the geological model and prioritize the next phase of surface exploration located in the West Zone." TJ Prospect Geology2 The principal mapped geological feature at the TJ prospect is a series of Eocene-age porphyritic rhyolite to rhyodacite dikes and related intrusive bodies, mapped regionally as units Tmr and Tmrf. These intrusive rocks crosscut Paleozoic sedimentary rocks and older thrust-fault structures. Regional mapping describes the Tmr unit as a crowded, coarsely porphyritic rhyolite to rhyodacite occurring within a broad dike swarm, with individual dikes locally reaching approximately 40 meters in width. Reported age determinations indicate that dike emplacement occurred approximately 39 million years ago. The Tmrf unit consists of finely porphyritic rhyolite occ...

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