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ICG Silver & Gold wraps Phase 1 drilling at Nevada’s Tuscarora Project

The company completed a 3,000-meter drill program in four target zones, with assay results expected in late 2026 before a mineral resource estimate in Q1 2027.

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David Chen · Commodities Desk · 17 Sept 2026 · 20:48 · 1 min read
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ICG Silver & Gold wraps Phase 1 drilling at Nevada’s Tuscarora Project

ICG Silver & Gold Ltd. has concluded Phase 1 of a 3,000-meter drilling program at its Tuscarora District Project in Elko County, Nevada, a 10,000-acre land package fully owned by the company. The program drilled 12 holes across four exploration targets, including 675 meters in the Silica zone, 807 meters in Battle Mountain, 256 meters in the Kings Vein zone, and 1,311 meters in the East Pediment zone. Assay results, pending after quality assurance, are expected in the coming weeks, with the company planning to integrate these findings into a 40,000-meter historical database for an inaugural mineral resource estimate slated for the first quarter of 2027. As of June 30, 2026, ICG reported approximately C$3.23 million in cash and short-term investments and C$3.85 million in working capital. The company’s stock, traded on the Canadian Securities Exchange (CSE: ICG), the Frankfurt Stock Exchange (FSE: JI0), and OTC Pink (ICGSF), closed at CAD 0.27 on September 16, a decline of 3.70%. Management is set to attend the Muskoka Capital Event in Minett, Ontario, from September 25–27, to engage with institutional investors and shareholders.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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