New Risk • Aug 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$12.3m market cap, or US$8.76m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). New Risk • Jul 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.8m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (CA$13.8m market cap, or US$9.81m). Announcement • Jun 18
Icg Silver & Gold Announces Local Drilling Support Arrangements for Upcoming Phase 1 Drill Program At the Tuscarora District ICG Silver & Gold Ltd. has entered into local drilling support arrangements with Modern Land & Development LLC, a Nevada-based contractor, to support the Company's upcoming Phase 1 Drill Program. ML&D has been engaged to provide drill pad, access road, and related earthwork support for ICG's planned 3,000-metre Phase 1 Drill Program. These arrangements represent an important step in advancing the Company's drill-readiness activities at the Tuscarora District and are intended to support efficient field execution as ICG prepares to test multiple silver-gold targets across the district. The initial scope of work is expected to include construction and preparation of access roads, drill pads, and sumps required to support the upcoming drill campaign. The Company believes that using a local contractor offers logistical advantages, supports the surrounding community, and streamlines the execution of near-term exploration activities. ICG's Phase 1 Drill Program is designed to evaluate multiple priority targets identified through recent district-scale geological modeling, historical data compilation, and field review. The program is expected to focus on numerous silver-gold targets, including areas with limited modern exploration but favorable historical results and strong geological potential. The Company's current operational planning includes advancing access preparation, final drill logistics, water sourcing, and site readiness ahead of mobilization. Further updates will be provided as the Company advances toward commencement of drilling. The scientific and technical information contained in this news release has been reviewed and approved by Steven L. McMillin, P.G., 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.