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AZS.V ·

Arizona Silver Announces Option Grants

Share Capital & Compensation

#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 Announces Option Grants

Vancouver, British Columbia / March 2, 2018 – Arizona Silver Exploration Inc. (the "Company" or

“Arizona Silver ”) (TSX-V: AZS) (OTCQB: AZASF) announces that it has granted incentive stock

options to purchase a total of 800,000 common shares at an exercise price of $0.195 per share for a period

of five years to its officers, directors and certain consultants in accordance with the provisions of its stock

option plan.

Greg Hahn, CPG#7122, President & CEO of the Company, is the Qualified Person that has reviewed and

approved the technical information contained in this release.

ARIZONA SILVER EXPLORATION INC.

Contact: Mike Stark, Chairman and Director

Phone: (604) 833-4278

About Arizona Silver Exploration Inc.:

Arizona Silver is a young company exploring the historic Ramsey Mine. Arizona Silver has completed

surface mapping and geophysical surveying and one year of drilling. To date, Arizona Silver has found a

large area adjacent to the historic producing mine th at carries strong geochemical values at surface, and

where drilling to date of eleven holes has intersected significant silver mineralization across tens of meters

of thickness below tens of meters of alluvial cover and unaltered rhyolite . With the curren t 2018 drill

campaign well underway, we anticipate expanding on the area containing silver mineralization at depth.

This program consists of six holes designed to further test open extensions to mineralization. Please refer to

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture E xchange) accepts responsibility for the adequacy or accuracy of this release,

and the TSX Venture Exchange has in no way passed upon the merits of the transactions herein.