Mr. Steven Sirbovan reports

ICG SILVER & GOLD PROVIDES CORPORATE UPDATE AND STAKES STRATEGIC CLAIMS AT THE TUSCARORA DISTRICT, CONSOLIDATING HIGHLY PROSPECTIVE BATTLE MOUNTAIN TARGET AHEAD OF SUMMER DRILL PROGRAM

ICG Silver & Gold Ltd. has paid for staking and consolidated eight newly available mineral claims consisting of approximately 85 acres, within the highly prospective Tuscarora district.

The newly staked claims were identified through continuing technical evaluation, including the integration of recently completed geophysical surveys, historical mapping and legacy exploration data sets. This work has outlined previously underexplored structural corridors and favourable lithologic contacts interpreted to control mineralization across the district.

"Our team is laser-focused on smart land acquisitions that have geological significance and/or data that can be incorporated into our district-scale modelling," commented Steven Sirbovan, president, chief executive officer and director of ICG. "Acquiring this highly prospective ground, rich with existing data that we will use to aid future resource delineation, is the easiest and fastest way for us to add value to the project before our planned phase 1 drill program commences this summer."

"These newly staked claims represent a strategic addition to the Tuscarora district land package, securing ground with historical drilling, valuable legacy data and interpreted extensions of key mineralized trends," said Korbon McCall, vice-president of exploration at ICG. "By moving quickly to consolidate this area, we have strengthened our ability to generate and prioritize targets ahead of our planned summer phase 1 drill program."

Battle Mountain target at the Tuscarora district

The company will be referring to this new highly prospective area as the Battle Mountain target. Importantly, historical drilling within the newly acquired ground provides early validation of the system. A total of 13 reverse circulation drill holes were completed historically, including six holes totalling approximately 1,280 metres with recorded assay data, and an additional seven holes totalling approximately 690 metres for which assay data are not currently available. Highlighted results from the assayed drill holes at Battle Mountain include values of up to 13.63 grams per tonne gold and 41.14 g/t silver, highlighting the prospectivity of the target area.

Strategic expansion in a proven mineral belt

The expanded land package provides ICG with enhanced exposure to a district characterized by favourable host lithologies, established mineral occurrences and district-scale structural controls associated with precious and base metal mineralization. The consolidation effort is aligned with the company's broader strategy of assembling dominant land positions in high-quality exploration jurisdictions with demonstrated potential.

Unlocking district-scale potential

The newly staked claims are interpreted to cover extensions of key geological features, including prospective structures and alteration systems that are believed to play a critical role in controlling mineralization throughout the district.

This expanded footprint positions ICG to:

• Consolidate fragmented ownership across prospective corridors;
• Control potential extensions of known mineral systems;
• Enhance targeting efficiency through district-scale exploration models;
• Advance future drilling with reduced land access risk.

The company is currently integrating the new claims into its evolving geological and geophysical models, with follow-up work programs being designed to rapidly advance priority targets.

Positioned for growth

This consolidation marks an important step in ICG's strategy to build a pipeline of high-impact exploration assets. By securing additional ground in a proven mineral belt, the company continues to strengthen its foundation for future discovery.

Further updates, including exploration plans and targeting results, will be provided as work progresses.

Corporate update

The company is also pleased to announce a series of investor relations and marketing agreements, effective as of April 7, 2026, postlisting on the Canadian Securities Exchange on March 31, 2026.

The company has engaged High Tide Consulting Corp. for investor relations and shareholder communications services. The company will pay a flat monthly fee of $8,500 plus GST for 12 months (unless terminated earlier). HTC owns 144,301 common shares and 4,250 warrants of the company.

The company has engaged Fairfax Partners Inc. for investor relations and digital marketing services. Under the agreement, the company will pay a flat monthly fee of $9,500 plus GST for 12 months (unless terminated earlier). The company may also allocate up to $200,000 plus GST over the next 12 months and $100,000 at the company's discretion to Fairfax and Fairfax's digital marketing program to drive investor visibility. Fairfax does not own or control any securities of the company.

The company has engaged Plutus Invest & Consulting GmbH for European digital awareness and marketing services. The company has agreed to allocate 100,000 euros over the next 12 months to Plutus digital marketing program for agreed media services intended to drive investor visibility. Plutus does not own or control any securities of the company.

Qualified person and technical disclosure

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).

This news release includes disclosure of historical drilling and rock sampling. The historical work carried out appears comprehensive, detailed and at a professional standard. The company considers these historical data relevant as it will use them as a guide to plan future exploration programs. The company also considers the data to be reliable for these purposes. A qualified person has reviewed the available historical data; however, the company has not undertaken sufficient work to independently verify the results. Accordingly, the historical data should not be relied upon to define mineral resources or reserves.

Future work conducted by the company will incorporate industry standard quality assurance and quality control protocols, including the systematic insertion of certified reference materials (standards), blanks and field duplicates into the sample stream, as well as the use of accredited laboratories and appropriate analytical methods to ensure the accuracy and reliability of results.

About ICG Silver & Gold Ltd.

ICG 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; and
• Progressing the project toward 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 had 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 metal 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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