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AZS.V ·

Completes Initial Q1 2018 Drilling Program

Exploration Programs

#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

COMPLETES INITIAL Q1 2018 DRILLING PROGRAM

Vancouver, British Columbia / March 13 , 2018 – Arizona Silver Exploration Inc. (the "Company" or “Arizona

Silver”) (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce that it has completed the Q1 2018 reverse

circulation (“ RC”) drilling program at the Ramsey silver project located in La Paz County, Arizona, and all drill

samples have been delivered to the ALS Minerals sample preparation facility in Tucson, Arizona.

Q1 2018 RC Drilling Program

All holes intersected the target zone, all drill samples have been delivered to the ALS Minerals sample preparation

facility and we await results. The Company will announce the results as soon as all “seven” holes have been assayed.

The project went smoothly and was completed within budget.

Phase 1 of the 2018 RC exploration drilling program at the Ramsey silver project initially consisted of six holes to be

drilled to the northeast of the previous series of eleven drill holes which have all intersected silver across tens of metres

in iron-rich Tertiary rhyolite and biotite latite, and underlying Cretaceous metasediments, above a low angle detachment

fault floored by Precambrian granite.

All six holes intersected the iron-rich Tertiary rhyolite, and drilled through the target interval of altered biotite latite

before penetrating the detachment fa ult and underlying Precambrian granite, te rminating at depths between 161-198

metres. All six holes penetrated between 38-75 metres of post-mineral cemented alluvium before encountering bedrock.

The Ramsey Mine silver system dips beneath post-mineral cover immediately east and north of the old Ramsey Mine

workings, and drilling through the post-mineral cemented alluvi um is the only way to explore for the extension of the

silver system lateral to the silver interval intersected to date.

One additional hole (R1807) was drilled to take advantage of an existing pad and drill fluid sump (before reclamation)

and angled across the projection of the northern extension of the old Ramsey Mine workings about 100 metres north of

the main shaft location and about 50 metres north of the northern end of the old mine workings, where the high-grade

zone was lost due to a fault offset. Hole R1807 penetrated 75 metres of post-mineral cemented alluvium before

encountering the iron-rich rhyolite and the underlying target section of altered biotite latite. Altered biotite latite

persisted to a depth of 182 metres, wher e alteration weakened and the hole was te rminated at 198 metres depth without

intersecting the main detachment fault or the underlying Precambrian granite. Th e geology intersected in this hole

suggests a fault offset of over 30 metres from the geology represented in the old mine workings and the core holes

drilled in 2016 and explains the loss of the high-grade zone in the historic old mine workings due to a fault offset.

Second Drill Phase Planned for Q2

A second phase of drill holes consisting of 10 RC holes have also been permitted on patented claims with the Arizona

Department of Water Resources , pending receipt of results from this ro und of drilling and fine -tuning of the actual

locations to be drilled based upon the re sults received from this in itial round of drilling. Ad ditional drill sites and hole

may be permitted with the US Bureau of Land Management to pursue extensions of silver mineralization outside of the

patented claim boundary if results indicate the silver mineral system is trending onto unpatented mining claims.

QA/QC and Analytical Procedures

All drill hole samples are stored on site prior to transport under strict chain of custody to the ALS Minerals sample

preparation facility in Tucson, Arizona. Samples are dried, and then each sample is crushed to 70% passing 2 mm, a 250

gram split is taken and pulverized to 85% passing 75 microns, subject to a four-acid digestion, and then analyzed by

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

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

ICP/MS for a 48-element package including silver, lead, zinc, and barium. Samples over 100 ppm silver and over

10,000 ppm lead or zinc are re-analyzed using ICP for higher concentration levels. Selected intervals with high silver

values are re-submitted for 1-assay ton fire assays for gold.

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.

About Arizona Silver Exploration Inc.

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 acro ss tens of meters of thickness beneath tens 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 Pr ovider (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 forwar d-looking statements or information. A ll 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 stat ements in relation to the timing, cost and other aspects of

the 2018 program on the Ramsey property; the potential for development of the mineral resources; the potential

mineralization and geological merits of the Ramsey property; and other future plans, objectives or expectations of the

Company. There can be no assurance that such statements will prove to be accura te 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 plan s or expectations include the risk that actual results of current and planned

exploration activities, including the results of the Company's 2018 drilling program(s) on the Ramsey property, 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; possibility of

accidents, equipment breakdowns and delays during explorati on; exploration cost overruns or unanticipated costs and

expenses; uncertainties involved in the interpretation of drilli ng 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 reports a nd studies; the metallurgical characteristics of mineralization

contained within the Ramsey property 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 informatio n contained in this news release, the Company has made

numerous assumptions, including that the Company's 2018 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.