Arizona GOLD & Silver Stakes 300 Acres of Land FOR Possible Leach Pad ON the Philadelphia Project - Exercise of Warrants & Options Brings Treasury to $3.24 Million
NEWS RELEASE
ARIZONA GOLD & SILVER STAKES 300 ACRES OF LAND FOR
POSSIBLE LEACH PAD ON THE PHILADELPHIA PROJECT -
EXERCISE OF WARRANTS & OPTIONS BRINGS TREASURY TO $3.24
MILLION
Vancouver, British Columbia, April 28, 2025 – Arizona Gold & Silver Inc. (TSXV: AZS)
(OTCQB: AZASF) is pleased to report that it has acquired approximately 300 acres of possible
leach pad or tailings disposal area for future development of the Philadelphia Project in
northwestern Arizona. The acreage was acquired by claim staking and has no underlying
obligations other than payment of the annual claim maintenance fees to the US government.
PAD Claim Characteristics
The PAD claims are located less that 1.5 kilometers to the southwest of the Philadelphia
mineralized area, accessed by several existing gravel roads from both Arizona Highway 68 and the
Philadelphia project. The area is underlain by gently dipping and rolling hills characterized by
mostly unconsolidated alluvial gravels. These gravels will be easy to contour and shape to
accommodate any leach pad or tailings impoundment design and configuration for any possible
future development of the Philadelphia project. There is sufficient room for the accommodation of
tens of millions of tonnes of processed material and a plant site.
Mr. Mike Stark CEO, comments; “In my view we must look ahead to the potential production
requirements of the Philadelphia project. This land acquisition fits in extremely well as it is nearby
and was acquired at negligible cost. In the meantime, our drilling program is progressing well with
results showing a high success rate. We are looking forward to announcing further results as they
come available.”
Corporate Update
We are also pleased to share that recent exercises of warrants and options by warrant holders and
insiders have strengthened our treasury to over $3.24 million as of April 18, 2025, resulting in the
Company being fully funded for the current drilling program and beyond year-end.
We would like to extend our sincere thanks to our shareholders for their continued support. We are
currently drilling one of the most exciting deposits in Arizona, and our commitment remains clear:
to deploy capital efficiently and deliver maximum value to our shareholders.
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 resu lts 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 pla nned
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 var iations 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 report s 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.