Good evening Ggg, tonight we are headed back to the OTC Penny Markets with a 30-Cent gold explorer who just released huge news.

Let's talk Nevada. The state was just ranked the #1 mining jurisdiction on the PLANET by the Fraser Institute. And the majors know it - AngloGold Ashanti paid a 28% premium to scoop up a Nevada gold junior last year.

So when a tiny explorer drops a MONSTER gold hole in that backyard... you pay attention.

Today, one such company just did and it is trading at just 30-Cents a share!
 

WE ARE ISSUING AN IMMEDIATE ALERT ON ICGSF FOR TOMORROW!

ICG Silver & Gold Ltd. (OTC: ICGSF | CSE: ICG) is a precious metals explorer that controls 100% of the ~10,100-acre Tuscarora District, about an hour northwest of Elko, Nevada, near the intersection of the Carlin and Independence Trends.
 

Now the story has moved from historical data to fresh drilling. This morning, it dropped the results traders were waiting for. Hole T26RC-04 hit 24.3 meters of 10.14 g/t gold including 4.6 meters of 51.84 g/t and a 1.5-meter slice at 137 g/t gold.

Better yet? ALL SIX holes reported hit gold and/or silver and six more holes are STILL pending assay.
 

The market noticed. ICGSF traded 1.68 MILLION shares on the CSE today - by far its biggest day since it listed in March.
 

At Tuesday's ICGSF close, that's roughly a US$11 million company (43.2M basic shares) led by Executive Chair Jeff Swinoga, a former Barrick Gold finance officer.
 

 

TUSCARORA: A HISTORIC HIGH-GRADE CAMP — WITH A BRAND-NEW GOLD ZONE

This isn't grassroots guesswork. Per the company's 2026 NI 43-101 technical report, historic production in the district topped 500,000 ounces of gold and 7.5 million ounces of silver, and ICGSF has pieced together a 40,000+ meter historical drilling database to guide where it drills next.
 

Here's the kicker: Battle Mountain, where T26RC-04 hit, is ground ICGSF staked in April based on its own structural model. The company calls it a newly identified high-grade shoot that's open for follow-up.
 

And by ICGSF's own tally of MinerDeck data, T26RC-04 ranks #3 among Nevada gold intercepts on a grade-times-width basis since January 2025 — among companies under C$1 billion in market cap.
 

Battle Mountain Section A-A' (source: ICG news release, Sept. 30, 2026)
 

COULD THIS BE THE SPARK THAT BREAKS ICGSF OUT OF ITS BASE?

ICGSF started trading on the OTC in mid-April and spent the spring holding in the $0.34–$0.40 range, with its highest close at $0.415 on April 21. That level is the resistance line to beat.
 

Then came the classic "drill-and-wait" drift. With the rig turning and no assays out, the stock slid through the summer and spent August and September building a base in the low-$0.20s. Roughly $0.21 has acted as support.

The low close came on Sept. 17 at $0.19 — the same day ICGSF announced Phase 1 drilling was complete. Since then? Higher lows, carving out the yellow uptrend you see above.
 

Then today's assays hit. ICGSF traded as high as $0.389 and closed today around $0.30,  up ~18% from Tuesday's $0.258 close and nearly 60% off the Sept. 17 low, on nearly 190,000 shares, its heaviest OTC volume day on record in our data. Up on the CSE, ICG traded 1.68 million shares. Next stop to watch: that $0.415 closing high.

And the newsflow could just be getting started: six more holes from King's Vein and East Pediment are pending, Phase 2 plans are on the Q4 roadmap, and ICGSF is targeting an inaugural mineral resource estimate in Q1 2027. If the next batch delivers... how far could this base-breaker run? 
 

NEWS CATALYSTS TO KNOW RIGHT NOW

✔ Sept. 30 — ICG Intersects 24.3 Meters of 10.14 g/t Gold at Tuscarora
First six of 12 Phase 1 holes reported; all six hit gold and/or silver. Assays run by independent ALS lab in Elko, reviewed by an independent QP.
➤ A brand-new high-grade gold zone on ground ICG staked just six months ago.

✔ Sept. 17 — 3,000-Meter Phase 1 Drill Program Completed
12 holes across four targets: Silica, Battle Mountain, King's Vein and East Pediment.
➤ Half the program is still in the pipeline, that's more potential newsflow.

✔ Aug. 28 — Q2 2026 Financial Results
About C$3.23 million in cash and C$3.85 million in working capital as of June 30, 2026.
➤ Phase 1 was described as fully funded.

✔ Aug. 10 — FINRA Form 211 Cleared + DTC Eligibility for ICGSF
U.S. investors can now trade ICGSF more easily through their brokers.
➤ Opens the door to U.S. retail flow.

✔ Apr. 7 — Strategic Claims Staked at Battle Mountain
ICG consolidated the Battle Mountain target ahead of summer drilling.
➤ That's the exact ground that just delivered today's headline hole.
 

THE BOTTOM LINE

Let's recap what we have here...
 

An under-the-radar gold explorer operating in the #1 mining jurisdiction on Earth... a historic district that's produced 500,000+ ounces of gold.

A brand-new hole of 24.3 meters of 10.14 g/t gold, on ground they staked just six months ago. A Barrick alum as Executive Chair.

And SIX MORE HOLES still at the lab.
 

The stock just printed record volume off a two-week uptrend. The question now is simple...

WHAT HAPPENS WHEN THE NEXT BATCH HITS?

Make sure you put it on your screen TOMORROW MORNING and Follow on Telegram & X/Twitter for Updates + Play-by-Play!

Good Trading,

Editor
StockoftheWeek.net