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AZS.V ·

Arizona Silver Acquires New GOLD-Silver Exploration Property IN Southeastern Arizona

Mergers & Acquisitions Property Options & Staking

#804 – 750 West Pender Street, Vancouver, BC, V6C 2T7

T: 604.682.2928 / F : 604.685.6905 / W : www.arizonasilverexploration.com

ARIZONA SILVER EXPLORATION INC.

NEWS RELEASE

ARIZONA SILVER ACQUIRES NEW GOLD-SILVER EXPLORATION PROPERTY IN

SOUTHEASTERN ARIZONA

Vancouver, British Columbia / March 28, 2018 – Arizona Silver Exploration Inc. (the "Company" or “Arizona

Silver”) (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce it has entered into a lease with option to purchase

agreement on the Sycamore Canyon gold-silver epithermal mineral property located in Graham County, Arizona.

Sycamore Canyon Property

“We are very excited with Sycamore Canyon and believe this property has tremendous potential in bo th gold and silver

mineralization” said Mike Stark, Chairman of the Company. Sampling throughout the silicified breccia to date

demonstrates values up to 31 grams per tonne (gpt) Au, or 0.903 ounces per ton (opt) Au, and 458 gpt (13.34 opt) Ag

from within the silicified breccia. The average of all 31 rock chip samples taken from the silicified breccia body and the

surrounding silicified granite is 1.77 gpt (0.052 opt) Au and 89.5 gpt (2.61 opt) Ag. The silicified breccia is covered by

alluvium at the southeastern end of the extent of outcrop where the last samples collected contained between 1.34 -3.02

gpt Au and 59.7 -208.4 gpt Ag. It is likely the silicified breccia body continues beneath shallow u nconsolidated alluvial

cover to the southeast. These results are historical but are backed by certified assay certificates from reputable

laboratories that regularly service the exploration and mining industry. Some of these samples are grab samples and

some are short c hannel samples, and some are taken outside of the breccia zone, and as a result they may not be

representative of the entire width of the silicified breccia or the surrounding silicified granite. Despite these attractive

historic assay values, the silicified breccia has yet to be tested with a drill hole.

Sycamore Canyon is approximately 20 miles northeast of the town of Willcox. The core of the property consists of 10

unpatented lode mining claims on US Forest Service administered public lands. The property contains a prominent

silicified breccia body that is over 600 meters long and between 20-80 meters wide. The silicified body occurs primarily

within Precambrian granite. Small exposures of mafic lava and agglomerate near or adjacent to the breccia containing

abundant silica veining suggests mineralization extends outward into the overlying and/or intruding mafic lava. The

silicified breccia has been cut by steeply dipping NE -trending cross-faults which has offset the breccia body in plac es.

The silicified breccia may extend northward on the claim block from what has been mapped to date, as mapping to date

indicates the main trend of the breccia turns westward from an otherwise north -northwesterly trend, and may continue

under thin post-mineral volcanic cover beyond the limits of current mapping and sampling.

The Company has completed staking of an additional 27 unpatented lode mining claims surrounding the core group of

leased claims to protect possible extensions of the silicified brecci a both to the northwest and to the southeast, and to

cover the possibility of additional silicified breccia bodies in the area, as well as potential future development sites. One

such additional silicified breccia outcrop was discovered during claim stakin g that could be either a separate breccia

body or an offset continuation of the main breccia located to the southwest of the last mapped and sampled outcrop of

the silicified breccia. Additional mineralized breccias were identified during claim work that n eeds to be mapped and

sampled and properly quantified.

Greg Hahn, President and CEO and a Certified Professional Geologist (#7122) is the Qualified Person under NI43 -101

responsible for preparing and reviewing the data contained in this press release.

Please see additional information on website including exploration plan and terms of agreement at

www.arizonasilverexploration.com

About Arizona Silver Exploration Inc.

#804 – 750 West Pender Street, Vancouver, BC, V6C 2T7

T: 604.682.2928 / F : 604.685.6905 / W : www.arizonasilverexploration.com

Arizona Silver is a young exploration company focused on exploring the historically producing Ramsey Mine in

Western Arizona. Surface mapping, geophysical surveying, geochemical sampling, and one year of drilling have

identified a large area carrying strong surface geochemical values adjacent to the historic mine. The eleven holes drilled

to date have intersected significant silver mineralization across tens of meters of thickness beneath t ens of meters of

alluvial cover and iron-rich rhyolite.

Please refer to our web site for all news and updated 2018 drill campaign locations. www.arizonasilverexploration.com

On behalf of the Board of Directors:

ARIZONA SILVER EXPLORATION INC.

Greg Hahn, President and CEO

Contact: Mike Stark, Chairman and 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 contains certain “forward - looking statements” within the meaning of Section 21E of the United

States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the

Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are

based upon opinions and estimat es of management at the date the statements are made, and are subject to a variety of

risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the

forward looking statements. The reader is caut ioned not to place undue reliance on forward -looking statements. The

transaction described in this news release is subject to a variety of conditions and risks which include but are not

limited to: regulatory approval, shareholder approval, market condit ions, legal due diligence for claim validity,

financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that

there can be no guarantee that this transaction will complete as described in this news release.