ICG Silver & Gold (CSE: ICG) has struck high grade gold at its Tuscarora District project in Nevada, with the first assays from its 2026 Phase 1 drill program returning 24.3 metres of 10.14 g/t gold at the newly staked Battle Mountain target.
The results cover 6 of the 12 reverse circulation holes completed over the summer. All 6 intersected gold, silver or both, though the standout came from hole T26RC-04, where grades climb sharply toward the core of the interval.
Highlight results include;
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- T26RC-04: 10.14 g/t gold and 3.4 g/t silver over 24.3 metres from a depth of 181.4 metres
- Including 20.00 g/t gold and 4.7 g/t silver over 12.1 metres
- Including 51.84 g/t gold and 10.2 g/t silver over 4.6 metres
- Including 137.0 g/t gold and 25.7 g/t silver over 1.5 metres
- T26RC-05: 0.73 g/t gold and 2.2 g/t silver over 15.2 metres from a depth of 224.0 metres
- Including 1.27 g/t gold over 7.6 metres
The company believes T26RC-04 has cut a previously unidentified high grade shoot. The hit came from ground ICG staked in April and owns outright, with the target generated through the company’s own structural modelling rather than historical drilling. Holes T26RC-04 through T26RC-06 all sit within that footprint.
“We are particularly encouraged that this result comes from Battle Mountain,” said President and CEO Steven Sirbovan, adding that the intercept gives the company a new high-grade zone to follow up and supports its view of the district’s broader potential.
The first 3 holes, drilled at the adjacent Silica target, returned lower-grade mineralization that the company said adds to its understanding of the halo surrounding the system.
Assays are still pending for 6 more holes drilled at the King’s Vein and East Pediment targets. ICG plans to fold the results into its 3D geological and structural models to plan follow up drilling, and has pointed to an inaugural mineral resource estimate for Tuscarora in the first quarter of 2027.
Tuscarora is a silver-gold epithermal system covering roughly 10,000 acres near the intersection of the Independence and Carlin trends.
ICG Silver & Gold last traded at $0.37 on the CSE.
