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AZS.V ·

Arizona GOLD & Silver Intersects 14.5 Grams PER Tonne GOLD Within 22.26 Metres (73 Feet) of 4.24 Gpt GOLD at Philadelphia Project, Arizona

Drill Results

NEWS RELEASE

ARIZONA GOLD & SILVER INTERSECTS 14.5 GRAMS PER TONNE GOLD WITHIN 22.26

METRES (73 FEET) OF 4.24 GPT GOLD AT PHILADELPHIA PROJECT, ARIZONA

Vancouver, British Columbia, August 6, 202 5 – Arizona Gold & Silver Inc.  (TSXV: AZS)

(OTCQB: AZASF) is very pleased to announce further positive results from the on-going core

drilling program at the Philadelphia Project. Highlights include 14.5 g/t over 1.52 meters within 4.24

g/t over 22.26 meters. Results from core hole PC25 -155 demonstrate continuity of impressive vein

thickness and an increase in grade as drilling progresses down dip on the vein.

Core Hole PC25-155

From (ft) To (ft) From (m) To(m) Thick (ft) Thick (m) Au gpt Ag gpt

918 924 279.88 281.71 6 1.83 5.73 18.5

934 937.3 284.76 285.76 3.3 1.01 9.91 16.8

957 962 291.77 293.29 5 1.52 14.50 14.3

962 967 293.29 294.82 5 1.52 5.78 11.1

Within

914 987 278.66 300.91 73 22.26 4.24 11.26

Within

865.1 993.8 263.75 302.99 128.7 39.24 2.49 8.43

This intercept is within a single massive composite and brecciated quartz vein and represents a 40%

increase in grade over the intercepts in hole PC25-154, which is located about 60 meters up dip from

PC25-155, and has approximately the same drill thickness. True thickness of intercepts in PC25-155

is approximately 57% of drill thickness. The results are shown on the accompanying section.

Greg Hahn reports: “Core hole PC25-155 has delivered an exceptional intercept, showcasing

strong continuity of impressive vein thickness with a notable increase in gold grade with depth to

date. The evolving vein textures—particularly the increasing replacement of bladed calcite by

yellow quartz—are classic markers of a high-grade epithermal system and signal that we are

approaching the heart of the boiling zone, where gold grades typically spike significantly."

“These textures are similar to those seen in the historic Oatman Gold Mining District, just 10 miles

south, which produced over 2 million ounces of gold from similar high-grade veins. Like Oatman,

we believe the Philadelphia vein system has the potential to rapidly open up into high-grade zones

capable of delivering substantially increased grades."

“Hole PC25-156, currently advancing toward the target zone below hole 155, is poised to test this

exciting interpretation. If the system continues to behave as expected, we could be on the cusp of

unlocking a major high-grade gold discovery."

Hole 156 in progress

Core hole PC25-156 is in progress and at 872 feet (265.85 meters) currently, within approximately

200 feet (60.98 meters) of the top of the targeted vein (see accompanying section).

Mike Stark reports: “I’m very pleased to share our latest results with our shareholders. We

continue to report high-grade gold intercepts with very impressive thicknesses. Hole -155 has

significantly increased our confidence in the potential of this zone.

The results from Hole -156 will be instrumental in guiding our next phase of drilling. It will likely

focus on strike in both directions which will expand the current mineralized footprint.

Encouragingly, our geological model is showing strong validation. We have shallow intercepts on

this vein system over a strike length of one kilometer, and by continuing to drill at depth along

strike (north and south), we can begin to more accurately assess the size potential of this zone.”

QA/QC

All core holes are HQ sized. All core samples are sawed in half as stipulated by the project geologist,

with one half sampled at designated intervals for assaying and the other half preserved for further

studies. Once sampled, the individual samples go through crushing, splitting, pulverizing, and further

splitting before a sample split is delivered for assaying. All core sawing and sample preparation and

assaying was conducted by Skyline Laboratories, an ISO 9001 certified independent lab. Core was trucked to

Skyline Labs in Tucson, Arizona. 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 four-acid digestion and ICP-MS

methods within a 31-element suite. Samples returning greater than 5ppm gold are re-assayed with a gravimetric

finish.

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 Skyline Labs in Tucson, Arizona, in addition to

the independent QA/QC protocols of Skyline Labs.

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: +1 (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

2024 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 activities,

including the results of the Company's 202 5 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; pos sibility 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 fin ancing 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 i nformation 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.