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AZS.V ·

Reports First Assay Results from Ramsey Silver Project, LA Paz County, Arizona

Drill Results

Arizona Silver Exploration Inc.

Suite 303, 595 Howe Street, Vancouver, B.C. V6C 2T5

Phone: (604) 336-8619 Fax: (604) 718-2808

www.arizonasilverexploration.com

ARIZONA SILVER EXPLORATION INC.

REPORTS FIRST ASSAY RESULTS FROM

RAMSEY SILVER PROJECT, LA PAZ COUNTY, ARIZONA

Vancouver, BC, May 30, 2017 – Arizona Silver Exploration Inc. (the "Company") (TSX-V: AZS) announces

the first drill results of the 2017 exploration drilling campaign at the Ramsey Silver Project, La Paz

County, Arizona.

RC Drill Hole R1703

The Company has received the first assay results from drill hole R1703, drilled from 450 metres north of

the Ramsey Mine workings, on a 270 degree azimuth and -65 degree inclination. The hole tested the

western portion of a large magnetic and induced polarization anomaly . The hole intersected strong

magnetite and hematite bearing zones with strong silicification across the detachment fault separating

Tertiary volcanics from older metasediments, but only weak silver mineralization in the interval 790 feet

(232 metres) to t he end of the hole at 905 feet 290 metres), containing between 0.5 -3 gpt Ag

throughout the interval. The rest of the hole contained no silver.

A black iron - and silica -impregnated sandstone intersected between 560 -665 feet (171-203 metres)

contained anomalous iron, copper, nickel, zinc, and vanadium. This interval bears strong similarities to

the mineralized zone at the Copperstone gold deposit located about 25 miles (35 kilometres) to the

northwest of the Ramsey Mine. This iron -rich interval and the lower silver-bearing interval will be

analysed for gold.

RC Drill Hole R1702

Drill hole R1702 was drilled on an azimuth of 90 degrees and -65 degree inclination, and targeted to test

a strong induced polarization anomaly within the large magnetic anomaly. The hole intersected massive

silica with disseminated sulphides and oxides in the interval 350 -500 feet (107 -152 metres). Results

indicate there is no silver in this interval. Anomalous titanium (2 -3 times background) suggests the

unidentified fine-grained silver-black metallic mineral is ilmenite disseminated in with the magnetite and

pyrrhotite. The hole was lost at 680 feet (207 metres) when the hammer broke and dropped to the

bottom of the hole. As a result the hole did not go deep enough to test the deta chment fault target

which is the location of the Ramsey Mine silver mineralization. The silicified interval will be assayed for

gold.

Samples from drill holes R1701, R1704, and R1705 are in the lab and being processed. Remaining drilling

for this program will continue on patented ground immediately south of the silver intercepts reported

previously from the 2016 drilling

All drill samples were picked up on site by ALS Minerals personnel and transported to their preparation

facility in Tucson, Arizona unde r strict chain of custody for drying, crushing, splitting and pulverizing.

Representative pulp splits were shipped from there to the ALS analytical facility in Vancouver, BC for 33

element ICP analyses. Greg Hahn, President and C EO and a Certified Professional Geologist (#7122) is

2

the Qualified Person under NI43 -101 responsible for preparing and reviewing the technical data

contained in this press release.

Please visit the Company’s website to view new images & IP response at

www.arizonasilverexploration.com and join our contact list for information and di rect mailing of press

releases.

ON BEHALF OF THE BOARD

ARIZONA SILVER EXPLORATION INC.

SIGNED: “Greg Hahn”

Greg Hahn, President and Chief Executive Officer

Contact: Mike Stark, non-executive Chair 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, and the TSX Venture

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

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, co st

and other aspects of the 2017 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 pl ans,

objectives or expectations of the Company. There can be no assurance that such statements will prove to be

accurate and actual results and future events could differ materially from those anticipated in such statements.

Important factors that could ca use actual results to differ materially from the Company's plans or expectations

include the risk that actual results of current and planned exploration activities, including the results of the

Company's 2017 geophysical and 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 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 re quired to continue the Company's future exploration programs and preparation of geological

reports and studies; delays in the preparation of geological reports and 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 permi ts) 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

2017programs 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.