Mr. Steven Sirbovan reports

ICG SILVER & GOLD ANNOUNCES STRATEGIC ROADMAP ON FIRST DAY OF TRADING ON CSE UNDER TICKER SYMBOL "ICG"

ICG Silver & Gold Ltd. has provided a corporate update and outline its strategic road map for the advancement of the Tuscarora district, a district-scale, high-grade silver and gold system located in Elko county, Nevada.

Since its inception, the company has raised approximately $6.2-million, positioning ICG as a well-financed exploration company with a clear mandate to systematically unlock the full potential of the Tuscarora district. The company is fully financed for a comprehensive exploration program, including a phase 1 drill program, which is expected to commence in the summer of 2026.

Steve Sirbovan, president, chief executive officer and director of ICG Silver & Gold, states: "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.

"Our immediate priority is to build and refine what we believe will be the first comprehensive geological model of the Tuscarora district, integrating decades of historical drilling, sampling and geophysics using modern interpretation. This work will enhance our understanding of key areas such as South Navajo and Modoc, while also generating new targets across the district.

"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. We believe this presents a rare opportunity to develop a high-grade, district-scale precious metals system in one of the world's premier mining jurisdictions."

Strategic road map for the Tuscarora district

ICG's strategy is centred on systematically advancing the Tuscarora district as a district-scale precious metals system, with a focus on both silver- and gold-dominant mineralization.

1. Expanding, consolidating and reinforcing the district-scale land package

The company is actively evaluating opportunities to expand its land position, with the objective of consolidating the broader Tuscarora district and reinforcing its district-scale exploration thesis.

2. Building a comprehensive district-scale geological model

ICG will continue to integrate all available datasets into a unified geological framework, including:

• Historical drilling (reverse circulations and core);
• Surface sampling data sets;
• CSAMT, ground magnetics and gravity geophysical surveys;
• Structural and alteration interpretations.

This work is expected to enhance target generation and provide a comprehensive model for the district.

3. Incorporate historical work to unlock new targets

The Tuscarora district benefits from decades of prior exploration, including thousands of metres of drilling and extensive geophysical coverage.

ICG's strategy is to systematically digitize, validate and reinterpret this data, identifying overlooked opportunities and refining exploration targeting.

4. Advance and refining existing targets

The company is focused on improving its understanding of known mineralized zones and prioritizing drill-ready targets across the district, including East Pediment, Grand Prize and King's Vein.

Particular emphasis will be placed on:

• Increasing geological confidence in existing targets;
• Identifying extensions of known mineralization;
• Generating new targets through integrated modelling.

5. Deepen understanding of South Navajo and Modoc

ICG has identified South Navajo and Modoc as priority target areas within the district. Continuing work will focus on:

• Structural interpretation;
• Alteration mapping;
• Integration of geophysical responses.

This work is expected to refine drill targeting and support future resource delineation.

6. Dual focus on silver and gold mineralization

The Tuscarora district has two overlapping epithermal systems, one silver dominant and the other gold dominant, with demonstrated high-grade potential.

ICG's exploration strategy will evaluate and advance both:

• Silver-dominant targets;
• Gold-dominant targets.

This dual focus is expected to maximize the district's discovery potential.

7. Pathway toward an initial mineral resource

ICG's long-term objective is to advance the Tuscarora district toward its first-ever mineral resource estimate.

The company believes that the scale of the land package, the volume of historical data and the application of modern geological modelling collectively position the Tuscarora district as a compelling candidate for future resource definition.

Upcoming phase 1 exploration program

The company is currently finalizing plans for its phase 1 exploration program, expected to begin in summer 2026. The program is anticipated to include:

• Target validation and refinement;
• Field mapping and sampling;
• Drill targeting and prioritization.

This program represents the next critical step in advancing the Tuscarora district toward systematic drilling and potential resource delineation.

ICG Silver & Gold will commence trading on the Canadian Securities Exchange upon market open today under the ticker symbol ICG.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Steven L. McMillin, PG, of Rangefront Mining Services, a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About ICG Silver & Gold Ltd.

ICG Silver & Gold is a new mineral exploration and development company advancing the Tuscarora district in northern Nevada. The company's strategy is centred on:

• Advancing the Tuscarora district through systematic exploration and technical studies;
• Building a district-scale geological model;
• Progressing the project toward potential resource definition and future development.

The Tuscarora district is a silver-gold epithermal system located on the Carlin trend, approximately one hour northwest of Elko, Nev. ICG controls 100 per cent of the approximately 10,000-acre land package, which has extensive rock chip sampling, thousands of metres of reverse circulation and core drilling, and tens of kilometres of CSAMT geophysics completed on the property. ICG fundamentally believes in the long-term value of precious metals exploration, especially silver and gold, and is led by a technical and management team with extensive experience in exploration, permitting, capital markets and development of mining projects in the Western United States, including Nevada.

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