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AZS.V ·

Arizona Silver Announces Option Grants

Share Capital & Compensation

#970 – 777 Hornby Street, Vancouver, B.C. V6Z 1S4

T: 604 559 3511 Ext. 150 / F : 604 559 3501 / W : www.arizonasilverexploration.com

ARIZONA SILVER EXPLORATION INC.

NEWS RELEASE

Arizona Silver Announces Option Grants

Vancouver, British Columbia / February 25, 2020– 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 2,175,000 common shares at an exercise price of $.175 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.

ARIZONA SILVER EXPLORATION INC.

Contact: Mike Stark, CEO 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 that 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 current 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 Exchange) 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.