Mr. Steven Sirbovan reports

ICG SILVER & GOLD ANNOUNCES THE COMPLETION OF 3,000-metre PHASE 1 DRILL PROGRAM AT THE TUSCARORA DISTRICT, NEVADA AND PARTICIPATION IN UPCOMING INVESTOR CONFERENCE

ICG Silver & Gold Ltd. has completed its first 3,000-metre phase 1 drill program at the Tuscarora district project in Elko county, Nevada, ahead of an anticipated inaugural mineral resource estimate planned for Q1 2027.

Phase 1 drill program assays are pending, and the company looks forward to announcing results after interpretation and quality assurance in the coming weeks. The 3,000 metres of new drilling, combined with the 40,000-metre database, provides the company with a solid foundation to guide continued exploration.

To date, drilling in each completed target area has encountered the geological horizons interpreted in the company's 3-D subsurface model.

Steven Sirbovan, president and chief executive officer, stated, "With the completion of our first phase of drilling at the Tuscarora district, combined with a robust database of previous drilling, we are well on our way to establishing a first mineral resource estimate for the district in Q1 2027."

The phase 1 drill program was designed to test and refine the company's geological model across several priority target areas within the Tuscarora district and provide additional subsurface information to support continuing evaluation of the project. Silica, Kings Vein, Battle Mountain and East Pediment are targets with historical drilling. The Kings Vein target was refined through mapping, surface rock chip and soil sampling, and CSAMT geophysical data. The company intends to infill drill these targets and expand on the current model.

The company reported cash and short term investments of approximately $3.23-million and working capital of approximately $3.85-million as of June 30, 2026.

Drill program highlights

• Silica: completed three holes totalling approximately 2,215 feet (675 metres);
• Battle Mountain: completed three holes totalling approximately 2,650 feet (807 metres;.
• Kings Vein: completed one hole totalling approximately 840 feet (256 metres);
• East Pediment: completed five holes totalling approximately 4,300 feet (1,311 metres).

Upcoming conference participation

The company looks forward to sharing details of its completed drill program and progress toward key future milestones at the upcoming Muskoka Capital Event in Minett, Ont., Sept. 25 to Sept. 27. Management will meet with existing and prospective shareholders, institutional investors, family offices, and members of the resource-investment community.

"We look forward to meeting with investors at this important investor event to share ICG's exploration strategy and progress at the Tuscarora district," commented Mr. Sirbovan. "Participating in the Muskoka Capital Event conference will allow us to share with investors the exciting opportunity at ICG amidst numerous important upcoming milestones."

Quality assurance/quality control

Drill samples from the Tuscarora phase 1 drill program are being submitted to an independent analytical laboratory for preparation and analysis. The company maintains a quality assurance and quality control program that includes regular insertion of certified reference materials, blanks and duplicate samples into the sample stream.

QP (qualified person) statement

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 and an independent consultant to the company.

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 centered on:

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

The Tuscarora district is a silver-gold epithermal system on the Carlin trend, about an hour northwest of Elko, Nev. ICG controls 100 per cent of the approximately 10,000-acre land package, on which extensive rock chip sampling, thousands of metres of reverse circulation and core drilling, and tens of kilometres of CSAMT geophysics have been completed. 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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