Arizona Gold & Silver Drills +34 Metres Of Perry Vein In New Drill Hole 60 Metres North Of Previous High-Grade Intersection On The Philadelphia Project, Arizona

(TheNewswire)

Vancouver, BritishColumbia, November 05, 2025 – TheNewswire - Arizona Gold & SilverInc. (TSXV: AZS) (OTCQB:AZASF ) is pleased to announce it has successfully intersected34.45 metres of Perry Vein material in core hole PC25-157, 60 metresnorth of the high-grade gold intercept in PC25-156, reported September17, 2025. Drilling is continuing with PC25-158 inprogress.

Greg Hahn V.P. Exploration comments:” ThePerry vein was intersected as our geologists predicted. Grades are yetunknown, but it is geologically a repeat of the high-grade veinintersected in PC25-156. We have collared the next hole to target avein intersection approximately 60 metres further north again fromthis hole. I want to define the potential strike length of thediscovery at the +300m depth before going deeper. Our understanding ofthis extraordinary vein is improving with each hole.  I continue tobelieve that we are at the top of the favourable “boiling zone” ofwhat is a fascinating hydrothermal system. This leaves a verysignificant target zone to pursue down dip of thisintercept.”

Images of core and video interview canbe viewed at https://arizonagoldsilver.com/philadelphia/

Core HolePC25-157

Core hole PC25-157 intersected the PerryVein from 314.02 metres (“m”) to 348.48m, 60m north of thehigh-grade intercept in core hole PC25-156, for a total thickness of34.45m. Given the angle of intersection with the steeply dipping vein,true thickness is approximately 64% of drilled thickness.

The Perry Vein demonstrates severalfacies that were also identifiable in hole PC25-156.  The upper facieis characterized by strong bladed dark calcite and quartz in a matrixwith containing distinct yellow to green quartz vein clasts.  Thesecond facie is characterized by clast of Tr2 rhyolite cut by bandedwhite, yellow, and locally green quartz veins. The third facie is anintense quartz vein breccia that ranges in color for tan to slightpink to slightly red.   The fourth facie and deepest facie is a deepred quartz vein breccia with clayey matrix and matrix-supported quartzvein clasts. The latter facie is in direct contact with the ArabianFault and is likely a fault breccia that includes quartz veinmaterial.

All of these facies were present inearlier core hole PC25-156 and all contained gold in that hole. Theredoes not appear to be any preference for higher or lower gold gradesin any particular facie. See the website for photographs of theintercept in PC25-157, and the location of the pierce point withrespect to the grade-thickness product on the long section of thevein.

The core has been delivered to SkylineLabs in Tucson, Arizona, where it will be sawed in half, with one halfsampled for crushing, pulverizing, analysis by fire assay with an A.A.finish for gold and by a four-acid digestion and ICP analyses forsilver and trace metals. Any values greater than 5 grams per tonnegold will be re-run by fire assay with a gravimetric finish.  Theremaining core half will be preserved for further studies.  Coarserejects from crushing will be saved for metallic screen analyses, ifwarranted, and future metallurgical testing.

Core HolePC25-158

We have started core hole PC25-158,intended to intersect the Perry Vein 60m north of the intercept inPC25-157 and 120m north of the high-grade intercept in PC25-156. PC25-158 should hit the target later this month.

QualifiedPerson

Gregory Hahn, VP-Exploration and aCertified Professional Geologist (#7122) is a Qualified Person underNational Instrument 43-101 ("NI 43-101") and has reviewedand approved the technical information contained in this newsrelease.

About Arizona Gold& Silver Inc.

Arizona Gold & Silver Inc. is aleading exploration company focused on uncovering precious metalresources in Arizona and Nevada. With a commitment to sustainablepractices and innovative exploration techniques, the company aims todrive value for stakeholders while prioritizing environmentalstewardship. The flagshipasset is the Philadelphia gold-silver property where the Company isdrilling off an epithermal gold-silver system ahead of an initialresource calculation.

On behalf of the Board ofDirectors:

ARIZONA GOLD &SILVER INC.

Mike Stark, Presidentand CEO, Director

Phone: (604) 833-4278

Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.

CAUTION CONCERNINGFORWARD-LOOKING STATEMENTS

This news release includes certainforward-looking statements or information. All statements other thanstatements of historical fact included in this release areforward-looking statements that involve various risks anduncertainties. Forward-looking statements in this news release includestatements in relation to the timing, cost and other aspects of the2025 exploration program; the potential for development of the mineralresources; the potential mineralization and geological merits of theexploration properties; and other future plans, objectives orexpectations of the Company. There can be no assurance that suchstatements will prove to be accurate and actual results and futureevents could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from the Company's plans or expectationsinclude the risk that actual results of current and plannedexploration activities, including the results of the Company's2025 drilling program(s) on its properties, will not be consistentwith the Company's expectations; the geology, grade andcontinuity of any mineral deposits and the risk of unexpectedvariations in mineral resources, grade and/or recovery rates;fluctuating metals prices; possibility of accidents, equipmentbreakdowns and delays during exploration; exploration cost overruns orunanticipated costs and expenses; uncertainties involved in theinterpretation of drilling results and geological tests; availabilityof capital and financing required to continue the Company'sfuture exploration programs and preparation of geological reports andstudies; delays in the preparation of geological reports and studies;the metallurgical characteristics of mineralization contained withinthe exploration properties are yet to be fully determined; generaleconomic, market or business conditions; competition and loss of keyemployees; regulatory changes and restrictions including in relationto required permits for exploration activities (including drillingpermits) and environmental liability; timeliness of government orregulatory approvals; and other risks detailed herein and from time totime in the filings made by the Company with securities regulators. Inconnection with the forward-looking information contained in this newsrelease, the Company has made numerous assumptions, including that theCompany's 2025 programs would proceed as planned and withinbudget. The Company expressly disclaims any intention or obligation toupdate or revise any forward-looking statements whether as a result ofnew information, future events or otherwise, except as otherwiserequired by applicable securities legislation.

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