ICG Silver & Gold Announces the Completion of 3,000-meter Phase 1 Drill Program at the Tuscarora District, Nevada and Participation in Upcoming Investor Conference
ICG Silver & Gold has completed its 3,000-meter Phase 1 drill program at the Tuscarora District in Elko County, Nevada, with assays pending from 12 holes across four targets. Drilling tested the Silica, Kings Vein, Battle Mountain and East Pediment targets, and each completed area encountered the geological horizons predicted by the company's 3D subsurface model; assay results are expected in the coming weeks after interpretation and quality assurance. The company reported approximately C$3.23 million in cash and short-term investments and C$3.85 million in working capital as of June 30, 2026, and is targeting an inaugural mineral resource estimate for the district in Q1 2027.
Key figures
- Ownership
- 100% of Tuscarora District
- Silica meters
- 675
- Holes completed
- 12
- Targets drilled
- ["Silica","Kings Vein","Battle Mountain","East Pediment"]
- Kings vein meters
- 256
- Cash position date
- June 30, 2026
- Land package acres
- approximately 10,000 acres
- Phase1 drill meters
- 3000
- Working capital cad
- approximately C$3.85 million
- East pediment meters
- 1311
- Battle mountain meters
- 807
- Resource estimate target
- Q1 2027
- Historical database meters
- 40000
- Cash and short term investments cad
- approximately C$3.23 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.