Arizona Gold & Silver Updates

May 17, 2024

Reason we should own Arizona Gold Silver Inc

1.6 kilometers of gold mineralization in drill holes. 1.5 kilometers remains untested to the south.
130 holes drilled to date plus 15 holes inherited from Meridian
100% of the 73 holes on the patented claims have hit gold
48 holes north of the patented claims have also hit gold
Only 75 acres of the 2400-acre claim package have been explored to
Target size 1700m x 250m x 40m x 5TF = 42.5 MM Tonnes
Average grade of drill intercepts to date: + 1 gpt Au
5 grams gold and 16.1 gpt silver intersected in one most recent RC hole
Management recent exercise of 3 million options without selling shares.
The Company bought out the lease agreement with property owner. https://arizonagoldsilver.com/arizona-silver-enters-into-purchase-and-sale- agreement-on-philadelphia-high-grade-gold-silver-vein-property-mohave- county-arizona/
The Company bought out NSR on unpatented claim package. https://arizonagoldsilver.com/arizona-silver-announces-buy-out-of-existing- nsr-on-its-100-owned-philadelphia-property/
Management has never SOLD a share ever!
Mining friendly
Two functional mines within 12 miles of our property, one out of material and on care and maintenance, the other very limited supply left. Both need feed that we should be able to Distinguishes us from other “junior” exploration companies that lack access to hungry processing facilities.
Several active CAs signed with mid-tier and major

Recent financing completed, oversubscribed.

Drilling underway and already 18 for 18 confirmed hits in minerialization.

New 3-D model with narrative

Patented Claim Drilling (since acquiring lease in 2021)

Strike length drilled to date: 6 Kilometers (still open 1.5 kms to the south and to the north)
Dip length drilled to date: up to 300 meters (still open down-dip)
Average thickness of all AZS holes: 42 meters
Average grade of all AZS holes: 1 gpt Au plus
Average Thickness of Meridian holes on Rising Fawn portion: 3 meters
Average grade of Meridian Holes: 89 gpt Au
Average overall thickness of 1000 meters strike on patented claims: 40 meters
Average overall grade of 1000 meters strike on patented claims: 32 gpt Au

Target Size Drilled to Date:

1700m x 250m x 40m x 5TF = 42.5 MM Tonnes
Average grade to date: 32 gpt Au
Target potential contained ounces: 5 mmT x 1.32 gpt x .029166 opt/gpt = xxxxxxxx ounces Au (do the math)
Drilling about 75% complete on this target Gaps remain to be drilled prior to commencing resource calculations within this volume.