Arizona GOLD & Silver Core Hole PC25-158 Intersects 60.37 Metres at 4.36 Gpt GOLD and 6.38 Gpt Silver, Including 4.33 Metres at 19.37 Gpt GOLD and 19.36 Gpt Silver ON the Philadelphia Project, Arizona
NEWS RELEASE
ARIZONA GOLD & SILVER CORE HOLE PC25-158 INTERSECTS
60.37 METRES AT 4.36 GPT GOLD AND 6.38 GPT SILVER,
INCLUDING 4.33 METRES AT 19.37 GPT GOLD AND 19.36 GPT SILVER
ON THE PHILADELPHIA PROJECT, ARIZONA
Vancouver, British Columbia, January 06, 2026 – Arizona Gold & Silver Inc. (TSXV: AZS) (OTCQB:
AZASF) is pleased to announce it has received assays from the latest core hole, PC25-158 on the
Philadelphia project in Arizona. This hole extends the wide zone of high-grade gold mineralization in the
Perry Discovery 110 metres (“m”) north from hole PC25-156. Drilling is continuing with PC25-159
stepping out a further 60m to the north.
Highlights of Core Hole PC25-158
• Hole located 60m north of the thick stockwork zone in hole PC25 -157 (reported December 8,
2025) and 110m north of a high-grade intercept in PC25-156 (reported Sept. 17, 2025).
• 4.33m at 19.37 grams per tonne (gpt) Au and 19.36 gpt Ag (TW 2.60m) from 290.09m
downhole
• 24.21m at 6.28 gpt Au and 7.18 gpt Ag (TW 14.53m) from 285.85m downhole
• Total zone 60.37m at 4.36 gpt Au and 6.38 gpt Ag (TW 36.22m) from 279.21m downhole
Greg Hahn V.P. Exploration comments:” The Perry discovery continues to be well mineralized and extends a
further 60m north from the last reported hole. Vein textures continue to indicate we are still only at the top of
the boiling zone of this impressive system. It is my objective to continue to push out the Perry strike length both
to the north and south to demonstrate the scale of the mineralized structure. We know the host structure
(generally known as the Arabian Fault) extends for +3 kilometres. We need to determine how much of that
structure, which lies entirely within Arizona Gold & Silver property , is well mineralized. The potential scale
of this discovery both along strike and to depth is very significant. I look forward to seeing the intercept in
hole PC25-159, currently in progress.”
Core Hole PC25-158
Core hole PC25 -158 was collared at a 024 degrees azimuth and -70 degree s inclination. It intersected
stockwork quartz+calcite mineralization in andesite and conglomerate above the footwall granite.
Mineralization starts at 279.21m in andesite and continues into conglomerate at 322.37m before encountering
the Hanging Wall (HW) vein itself at 333.54m. The high-grade interval occurs at the top of the mineralized
structure, as encountered in hole PC25 -157. It is associated with higher densit ies of quartz+bladed calcite
veins. The shift of the high-grade intercepts into the hanging wall of the structure is similar to previous drill
holes higher in the plane of the mineralized structure. The structure has always shown hanging wall and
footwall veins defining the mineralized zone or corridor, the grade of those veins is what appears to vary. What
is very consistent is the position and predictability of the total mineralized corridor (structure). The calcite
demonstrates abundant bladed textures commonly replaced by predominantly green and yellow quartz. This
suggests we are at the top of the productive (higher grade) boiling zone. The entire mineralized interval is
summarized in the table below. See accompanying section.
Grades have increased from PC25 -157 to PC25 -158 indicating a vector of increasing potential towards our
current hole PC25 -159, located 60m further northward . That hole is approaching the target. Importantly,
silver:gold ratios are ~1:1 in the high -grade zone and slightly higher than 1:1 in the surrounding stockwork
zone. Low silver to gold ratios such as this are an indication that we are in, or near the upwelling or “feeder”
zone which fed the vein system. Importantly, sulfur (S) remains extremely low t hroughout the intercept
averaging less than or equal to 0.01% S, indicating there is little to no sulfide in the entire mineralized interval.
Also, trace metals are very low in both the wall rock and the mineralized zone.
Summary Assay Results for Core Hole PC25-158
From (m) To (m) Thick (m) Au gpt Ag gpt
290.09 294.42 4.33 19.37 19.36
within
285.85 310.06 24.21 6.28 7.18
within
279.21 339.57 60.37 4.36 6.38
True thickness of the above intercepts is estimated at 60% of drilled thickness.
Mike Stark, President and Chief Executive Officer, commented: “The Philadelphia project’s deep high grade
mineralized zone continues to expand along strike, following the results from hole -156. We expect to
provide an update on hole -159 next week, as drilling approaches the target zone. The Company remains in a
strong financial position, with all outstanding warrants and options currently well in the money. Funds are
being deposited steadily from the exercise of warrants.”
Core Hole PC25-159
Core hole PC25-159 is targeted to intersect the Perry zone 60m north of the intercept in PC25-158 and 170m
north of the high-grade intercept in PC25-156. PC25-159 is approaching the target and is currently at 289.94m.
QA/QC Protocols
The HQ core is delivered in its entirety to Skyline Labs in Tucson, Arizona where it is sawed in half based
upon sample intervals designated by the project geologist. Half of the core is crushed, pulverized and analyzed
by fire assay with an A.A. finish for gold. A four -acid digestion and ICP analysis is used for silver and trace
metal determinations. Any values gre ater than 5 gpt gold are re -run by fire assay with a gravimetric finish.
The remaining core half is preserved for further studies. Coarse rejects from crushing will be saved for metallic
screen analyses, if warranted, and future metallurgical testing.
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 stakehol ders 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 2026 exploration program; the potential for development of the 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 ac tivities, including the results of the
Company's 2026 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 m etals 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 Compan y 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 2026 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.