Arizona Gold & Silver Receives Further Drill Results From Surface to 142.5 Feet at 1.56 Gpt Gold, and From Surface to 113.0 Feet at 1.32 Gpt Gold

Feb 25, 2025

Vancouver, British Columbia, February 25, 2025 – Arizona Gold & Silver Inc. (TSXV: AZS) (OTCQB: AZASF) is pleased to report additional continuous gold intercepts from core drilling along strike from previously report drill holes on the Philadelphia Project in northwestern Arizona.

On the Rising Fawn target, drilling continues to return good gold grades over significant widths. Two new holes, PC24-143 and PC24-144 have been completed. They are approximately 30 metres (“m”) (100 feet) north of drill holes PC24-141 and PC24-142 reported on February 12, 2025.

PC24-143 (starting at surface): 142.5 ft (43.45m) at 1.56 gpt gold and 12.35 gpt silver
PC24-144 (starting at surface): 113.0 ft (34.45m) at 1.32 gpt gold and 9.01 gpt silver

The Rising Fawn target is situated on patented mining claims within the main gold trend on the Philadelphia Project.

New Rising Fawn Drill Results

Hole ID. From(m) To(m) Thickness(m) Gold (gpt) Silver (gpt)

PC24-143 surface 43.45 43.45 1.56 12.35

PC24-144 surface 34.45 34.45 1.32 9.01

Holes — PC24-143 and PC24-144 start at surface and compare favorably to previously reported drill holes PC24-140, PC24-141 and PC24-142.

Drilling on the Red Hills target to the south continued with hole PC24-133. Hole PC24-133 was drilled down dip of reported previously hole PC24-132. Hole PC24-132 returned 13.23m of 1.216 gpt gold flanked by additional grade intervals grading between 0.267 gpt and 0.718 gpt gold (an accumulated thickness and grade of 64.2m at 0.563 gpt gold.

Red Hills Drill Hole

Hole ID. From(m) To(m) Thickness(m) Gold (gpt) Silver (gpt)

PC24-133 172.96 182.07 9.11 0.29 —

193.26 216.04 22.78 0.25 —

233.23 241.04 7.81 0.36 —

262.44 266.31 3.87 0.41 —

No significant silver is present in hole PC24-133.

Mr. Greg Hahn, VP Exploration commented, “The width and grade of the Rising Fawn target continues to be impressive. These results fall in line with my expectations based on the visual logging of the drill cores. Drilling is continuing.”

To view cross-section of hole PC24-133 on the website click here.

Exploration Going Forward

Results from additional holes (including shallow sub-horizontal holes at Rising Fawn are pending from Skyline Labs in Tucson. Current drilling is testing down dip of the Rising Fawn mineralized intercepts reported above. Further drilling of the Red Hills target awaits assay results to guide the siting of ongoing drilling in that area.

QA/QC Program

All assaying was conducted by ALS Global, an independent analytical laboratory. Core was trucked to the ALS sample preparation facility in Tucson, Arizona, where the samples are inventoried, dried, crushed and pulverized. Pulverized splits are sent to the ALS analytical facility in Vancouver, British Columbia for analyses. All material handling is done under a strict chain of custody protocol. Gold is determined by fire assay with an AA finish, and silver is determined by ICP-MS methods within a 31-element suite.

The Company maintains its own program of inserting Standard Reference material in the form of standards and blanks to the sampling stream, prior to being shipped to ALS’s preparation facility in Tucson, Arizona, in addition to the independent QA/QC protocols of ALS Global.

Qualified Person

Gregory Hahn, VP-Exploration and a Certified Professional Geologist (#7122) is a Qualified Person under National Instrument 43-101 (“NI 43-101”) and has reviewed and approved the technical information contained in this news release.

About Arizona Gold & Silver Inc.

Arizona Gold & Silver Inc. is a leading exploration company focused on uncovering precious metal resources in Arizona and Nevada. With a commitment to sustainable practices and innovative exploration techniques, the company aims to drive value for stakeholders while prioritizing environmental stewardship. The flagship asset is the Philadelphia gold-silver property, where the Company is drilling off an epithermal gold-silver system ahead of an initial resource calculation.

On behalf of the Board of Directors:
ARIZONA GOLD & SILVER INC.

Mike Stark, President and CEO, Director
Phone: (604) 833-4278

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements in relation to the timing, cost and other aspects of the 2025 exploration program; the potential for development of mineral resources; the potential mineralization and geological merits of the exploration properties; and other future plans, objectives or expectations of the Company. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include the risk that actual results of current and planned exploration activities, including the results of the Company’s 2025 drilling program(s) on its properties, will not be consistent with the Company’s expectations; the geology, grade and continuity of any mineral deposits and the risk of unexpected variations in mineral resources, grade and/or recovery rates; fluctuating metals prices; possibility of accidents, equipment breakdowns and delays during exploration; exploration cost overruns or unanticipated costs and expenses; uncertainties involved in the interpretation of drilling results and geological tests; availability of capital and financing required to continue the Company’s future exploration programs and preparation of geological reports and studies; delays in the preparation of geological reports and studies; the metallurgical characteristics of mineralization contained within the exploration properties are yet to be fully determined; general economic, market or business conditions; competition and loss of key employees; regulatory changes and restrictions including in relation to required permits for exploration activities (including drilling permits) and environmental liability; timeliness of government or regulatory approvals; and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, including that the Company’s 2025 programs would proceed as planned and within budget. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation.

https://arizonagoldsilver.com/